BNC:CA:TSX-Purpose Canadian Financial Income Fund Series ETF (CAD)

ETF | Canadian Equity | TSX

Last Closing Price

CAD 26.33

Change

0.00 (0.00)%

Market Cap

CAD 0.01B

Volume

603.00

Avg Analyst Target

N/A

Avg User Target

CAD
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.

Company Website : http://www.purposeinvest.com

Currency: CAD

Country : Canada

Inception Date: 25/10/2016

Primary Benchmark: FTSE Canada Universe Bond

Management Expense Ratio: 0.66 %

Technical Indicators

Beta : 0.97

52 Week High : 26.33

52 Week Low : 18.05

200 Day Moving Average : 23.23

50 Day Moving Average : 25.03

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Valuation Growth & Performance

Category Benchmark : Morningstar Gbl Fin Svc GR CAD

Sustainability Ratio : 5

3 Year Volatility : 19.84

3 Year Expected Return : 10.99

3 Year Sharpe Ratio : 0.47

YTD Return : 21.95%

3 Year Returns : 9.78%

5 Year Returns : 0.00%

10 Year Returns : 0.00%

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-08-04 )

Largest Industry Peers for Canadian Equity

Symbol Name Mer Price(Change) Market Cap
XIU:CA iShares S&P/TSX 60 Index ETF 0.18 %

-0.05 (-0.15%)

 CAD10.62B
XIC:CA iShares Core S&P/TSX Capped Co.. 0.06 %

-0.07 (-0.22%)

 CAD8.88B
ZCN:CA BMO S&P/TSX Capped Composite I.. 0.06 %

-0.06 (-0.22%)

 CAD6.78B
VCN:CA Vanguard FTSE Canada All Cap I.. 0.05 %

-0.07 (-0.17%)

 CAD4.11B
ZLB:CA BMO Low Volatility Canadian Eq.. 0.39 %

-0.05 (-0.13%)

 CAD2.87B
HXT:CA Horizons S&P/TSX 60 Index ETF 0.03 %

-0.05 (-0.10%)

 CAD2.69B
TTP:CA TD Canadian Equity Index ETF 0.05 %

-0.04 (-0.17%)

 CAD1.53B
VCE:CA Vanguard FTSE Canada Index ETF 0.05 %

-0.01 (-0.02%)

 CAD1.07B
WXM:CA CI Morningstar Canada Momentum.. 0.66 %

-0.21 (-0.87%)

 CAD0.82B
MKC:CA Mackenzie Maximum Diversificat.. 0.50 %

+0.01 (+0.03%)

 CAD0.55B

ETFs Containing BNC:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Canadian Equity)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 20.23% N/A N/A N/A N/A
Dividend Return 1.16% N/A N/A N/A N/A
Total Return 21.39% N/A N/A N/A N/A
Trailing 12 Months  
Capital Gain 41.64% N/A N/A N/A N/A
Dividend Return 2.74% N/A N/A N/A N/A
Total Return 44.38% N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 1.99% 18% F 29% F
Dividend Return 3.00% 97% A+ 74% C
Total Return 4.99% 28% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 16.56% 20% F 60% D-
Risk Adjusted Return 30.15% 23% F 35% F
Market Capitalization 0.01B N/A N/A N/A N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

No discussions yet

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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 total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

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.