Key stats
About Purpose Active Growth Fund Trust Unit
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Inception date
Oct 13, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Purpose Investments, Inc.
ISIN
CA74639C1077
The fund seeks long-term capital growth and outperforming its benchmarks on a risk-adjusted basis by aggressively investing in equity and fixed income securities from around the world. Through a blended strategy, the fund uses a passive approach in markets perceived as more efficient while employing active strategies in less efficient markets or where value can be added through expected performance and/or risk management. Based on long-term returns and volatility, the portfolio manager established a baseline allocation of 81% for equities (66% - 96%) and 17% for fixed income assets (7% - 27%). The portfolio may change over time, subject to momentum and fundamental factors. The fund may use of derivatives that may open investors to counterparty risk. It may also enter into repurchase agreements, short selling, securities lending, or investments in other funds. As an actively managed ETF, the portfolio manager has full discretion to buy, sell, or hold securities at any time.
Related funds
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF100.00%
Cash−0.00%
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.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PAGF trades at 27.07 CAD today, its price has risen 0.19% in the past 24 hours. Track more dynamics on PAGF price chart.
PAGF net asset value is 27.08 today — it's risen 3.41% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PAGF assets under management is 133.02 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PAGF price has risen by 3.17% over the last month, and its yearly performance shows a 14.46% increase. See more dynamics on PAGF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.41% over the last month, showed a 6.96% increase in three-month performance and has increased by 19.35% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.41% over the last month, showed a 6.96% increase in three-month performance and has increased by 19.35% in a year.
PAGF fund flows account for 34.21 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PAGF invests in funds. See more details in our Analysis section.
PAGF expense ratio is 0.43%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PAGF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PAGF technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PAGF shows the buy signal. See more of PAGF technicals for a more comprehensive analysis.
Today, PAGF technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PAGF shows the buy signal. See more of PAGF technicals for a more comprehensive analysis.
Yes, PAGF pays dividends to its holders with the dividend yield of 2.29%.
PAGF trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PAGF shares are issued by Purpose Unlimited
PAGF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 13, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.