PHE:CA:TSX-Purpose Tactical Hedged Equity Fund

ETF | Alternative Strategies | Toronto Stock Exchange

Last Closing Price

CAD 24.71

Change

-0.81 (-3.17)%

Market Cap

CAD 0.01B

Volume

100.00

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

About

The Purpose Tactical Hedged Equity Fund seeks to provide shareholders with (i) consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of American equities; and (ii) provide less volatility and low correlation to North American equity markets by hedging the fund?s exposure to overall market risk.

Inception Date: 03/09/2013

Primary Benchmark: N/A

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.96 %

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: 2018-10-17 )

Largest Industry Peers for Alternative Strategies

Symbol Name Mer Price(Change) Market Cap
HAC:CA Horizons Seasonal Rotation ETF 1.53 %

+0.03 (+0.15%)

CAD 0.22B
HHF:CA Horizons Morningstar Hedge Fun.. 1.74 %

-0.05 (-0.35%)

CAD 0.05B
PMM:CA Purpose Multi-Strategy Market .. 1.06 %

+0.03 (+0.13%)

CAD 0.04B
PHE.B:CA Purpose Tactical Hedged Equity.. 0.97 %

+0.05 (+0.20%)

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

N/A

CAD 0.01B
HARC:CA Horizons Absolute Return Globa.. 1.09 %

-0.03 (-0.15%)

CAD 9.46M
HAC.A:CA Horizons Seasonal Rotation ETF 3.14 %

N/A

CAD 9.26M
HUV:CA BetaPro S&P 500 VIX Short-Term.. 1.02 %

+0.10 (+1.77%)

CAD 8.55M
HMF:CA Horizons Auspice Managed Futur.. 1.12 %

N/A

CAD 4.38M
PEU:CA Purpose Enhanced US Equity Fun.. 1.31 %

N/A

CAD 3.25M

ETFs Containing PHE:CA

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Alternative Strategies)
Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -4.89% 20% F 41% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -4.89% 20% F 34% F
Trailing 12 Months  
Capital Gain 1.06% 50% F 68% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.06% 50% F 52% F
Trailing 5 Years  
Capital Gain 19.43% 50% F 69% D+
Dividend Return 0.95% 100% A+ 1% F
Total Return 20.38% 50% F 53% F
Average Annual (5 Year Horizon)  
Capital Gain 3.84% 50% F 61% D-
Dividend Return 4.00% 50% F 45% F
Total Return 0.16% 50% F 4% F
Risk Return Profile  
Volatility (Standard Deviation) 9.78% 40% F 62% D-
Risk Adjusted Return 40.88% 40% F 49% F
Market Capitalization 0.02B 50% F 14% F

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 total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

PHE:CA:TSX-Purpose Tactical Hedged Equity Fund

ETF | Alternative Strategies | Toronto Stock Exchange

Last Closing Price

CAD 24.71

Change

-0.81 (-3.17)%

Market Cap

CAD 0.01B

Volume

100.00

Average Target Price

N/A
Average Analyst Rating

N/A

STA Verdict

Verdict

Values as of: 2018-10-17