Key stats
About PURPOSE GLOBAL FLEXIBLE CR FD ETF UNIT
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Inception date
Aug 7, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
Purpose Investments, Inc.
The fund seeks current income and capital preservation by investing primarily in floating rate debt securities across the credit spectrum. Securities are issued by companies, governments, and special-purpose vehicles in the developed and emerging markets. The fund may hold high-yield securities, CLOs, ABS, MBS, senior secured and unsecured bank loans, structured credit, short-duration bonds as well as preferred shares. In addition, various derivatives, including warrants, options, swaps, swaptions and forward contracts on various financial instruments and currencies may, when appropriate, be used for hedging and non-hedging purposes. The fund will maintain long and short positions and, at times, may be long and short different securities of the same issuer. The fund may pursue capital structure arbitrage, relative value, and other opportunistic situations, as well as take outright long and short positions.
Classification
What's in the fund
Exposure type
Corporate
Securitized
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.