PEU:CA:TSX-Purpose Enhanced US Equity Fund

ETF | Alternative Equity Focused | Toronto Stock Exchange

Last Closing Price

CAD 28.03

Change

0.00 (0.00)%

Market Cap

CAD 2.80M

Volume

850.00

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

About

The Purpose Enhanced US Equity Fund seeks to provide shareholders with long-term capital appreciation and as uperior risk adjusted return relative to the broad U.S. equity markets. The Fund aims to provide returns in excess of the broad U.S. equity markets by investing in a portfolio of U.S. listed equities while maintaining a similar level of volatility as the broad U.S. equity markets. The Fund will employ leverage to increase its long portfolio exposure and to hedge the increased market risk associated with the leveraged portion of the portfolio. The Fund will implement its hedging strategy through the use of derivative instruments including by selling market index futures contracts.

Inception Date: 14/10/2014

Primary Benchmark: ---

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 1.43 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-07-16 )

Largest Industry Peers for Alternative Equity Focused

Symbol Name Mer Price(Change) Market Cap
HAC:CA Horizons Seasonal Rotation ETF 1.27 %

-0.04 (-0.19%)

CAD 0.28B
PHE.B:CA Purpose Tactical Hedged Equity.. 0.97 %

N/A

CAD 0.03B
PHW:CA Purpose International Tactical.. 0.96 %

-0.08 (-0.43%)

CAD 0.01B
PHE:CA Purpose Tactical Hedged Equity.. 0.95 %

+0.14 (+0.55%)

CAD 0.01B
ATSX:CA Accelerate Enhanced Canadian B.. 0.00 %

N/A

CAD 1.04M
HDGE:CA Accelerate Absolute Return Hed.. 0.00 %

N/A

CAD 1.02M
PEU.B:CA Purpose Enhanced US Equity Fun.. 1.16 %

N/A

CAD 0.83M

ETFs Containing PEU:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Alternative Equity Focused)
Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 17.43% 100% A+ 81% B-
Dividend Return N/A N/A N/A N/A N/A
Total Return 17.43% 100% A+ 78% C+
Trailing 12 Months  
Capital Gain 4.05% 67% D+ 77% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.05% 67% D+ 63% D
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 5.20% 50% F 73% C
Dividend Return 5.20% 50% F 64% D
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 14.60% 17% F 48% F
Risk Adjusted Return 35.63% 50% F 51% F
Market Capitalization 2.25M 50% F 5% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-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

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:

There is nothing we particularly like

What to not like:
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.

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.