Key stats
About PURPOSE CORE EQUITY INCOME FUND
Expense ratio
0.89%
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Inception date
May 24, 2017
The fund seeks to outperform the Canadian equity market over a time period longer than 5 years, by investing primarily in large-cap, dividend-paying stocks of Canadian issuers. The fund advisor will utilize fundamental analysis to identify Canadian and US issuers with attractive dividends/distributions and business models that can benefit from both industry and macro-economic trends. Note that US allocation will be determined by the investment advisors outlook for the US market relative to the Canadian market. The fund may use derivatives in order to further meet its investment objectives, and may also engage in short selling or other securities lending transactions to generate additional income.