PHE:CA:TSX-Purpose Tactical Hedged Equity Fund (CAD)

ETF | Alternative Equity Focused | Toronto Stock Exchange

Last Closing

CAD 33.48

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

5.00K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Purpose Tactical Hedged Equity Fund seeks to provide shareholders with (i) consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of American equities; and (ii) provide less volatility and low correlation to North American equity markets by hedging the fund?s exposure to overall market risk.

Inception Date: 03/09/2013

Primary Benchmark: ---

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.95 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Symbol Company Name Allocation
CVE Cenovus Energy Inc 2.29 %
ABL Abacus Life Inc. 1.81 %
Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Alternative Equity Focused

Symbol Name Mer Price(Change) Market Cap
HAC:CA Horizons Seasonal Rotation 1.27 %

N/A

CAD 0.21B
HURA:CA Horizons Global Uranium Index .. 0.00 %

+0.70 (+1.88%)

CAD 0.08B
HDGE:CA Accelerate Absolute Return Hed.. 0.00 %

N/A

CAD 1.02M

ETFs Containing PHE:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Alternative Equity Focused) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.85% 50% F 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 5.85% 50% F 53% F
Trailing 12 Months  
Capital Gain 14.74% 25% F 69% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 14.74% 25% F 64% D
Trailing 5 Years  
Capital Gain 36.21% 50% F 63% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 36.21% 50% F 58% F
Average Annual (5 Year Horizon)  
Capital Gain 5.65% 25% F 64% D
Dividend Return 5.65% 25% F 59% D-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 11.52% 100% F 65% D
Risk Adjusted Return 49.03% 75% C 77% C+
Market Capitalization 0.02B 50% F 6% D-

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.