PIN:CA:TSX-Purpose Monthly Income Fund (CAD)

ETF | Global Neutral Balanced | Toronto Stock Exchange

Last Closing

CAD 17.36

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

1.40K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) to provide shareholders with stable monthly cash distributions.

Inception Date: 06/09/2013

Primary Benchmark: FTSE Canada Universe Bond

Primary Index: Morningstar CAN Bal Glbl 60/40 CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.72 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

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 Global Neutral Balanced

Symbol Name Mer Price(Change) Market Cap
VBAL:CA Vanguard Balanced Portfolio 0.25 %

+0.19 (+0.63%)

CAD 2.65B
XBAL:CA iShares Core Balanced ETF Port.. 0.76 %

+0.21 (+0.77%)

CAD 1.27B
ZMI:CA BMO Monthly Income 0.61 %

-0.03 (-0.18%)

CAD 0.12B
PINC:CA Purpose Multi-Asset Income Fun.. 0.99 %

+0.06 (+0.36%)

CAD 0.10B
HCON:CA Horizons Conservative TRI ETF .. 0.15 %

+0.08 (+0.63%)

CAD 0.05B
PRP:CA Purpose Conservative Income Fu.. 0.71 %

N/A

CAD 0.95M

ETFs Containing PIN:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Neutral Balanced) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.05% 25% F 32% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.05% 25% F 29% F
Trailing 12 Months  
Capital Gain -6.36% 13% F 21% F
Dividend Return 0.45% 20% F 8% B-
Total Return -5.92% 13% F 20% F
Trailing 5 Years  
Capital Gain -5.40% 38% F 35% F
Dividend Return 4.07% 14% F 16% F
Total Return -1.32% 25% F 28% F
Average Annual (5 Year Horizon)  
Capital Gain -1.06% 50% F 37% F
Dividend Return -0.39% 38% F 32% F
Total Return 0.67% 14% F 27% F
Risk Return Profile  
Volatility (Standard Deviation) 6.62% 88% B+ 81% B-
Risk Adjusted Return -5.89% 38% F 31% F
Market Capitalization 0.02B 25% 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:
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:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.