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 %
|PSA:CA||Purpose High Interest Savings ETF||2.93 %|
|ULTA||Ulta Beauty Inc.||1.42 %|
|CI||Cigna Corporation||1.35 %|
|WCG||Wellcare Health Plans Inc.||1.30 %|
|XOM||Exxon Mobil Corporation||1.30 %|
|ETN||Eaton Corporation PLC||1.29 %|
|BA||The Boeing Company||1.29 %|
|CVS||CVS Health Corporation||1.29 %|
|CVI||CVR Energy Inc.||1.29 %|
|CSCO||Cisco Systems Inc.||1.28 %|
|HAC:CA||Horizons Seasonal Rotation ETF||1.53 %||
|HHF:CA||Horizons Morningstar Hedge Fun..||1.74 %||
|PMM:CA||Purpose Multi-Strategy Market ..||1.06 %||
|PHE.B:CA||Purpose Tactical Hedged Equity..||0.97 %||
|PHW:CA||Purpose International Tactical..||0.96 %||
|HARC:CA||Horizons Absolute Return Globa..||1.09 %||
|HAC.A:CA||Horizons Seasonal Rotation ETF||3.14 %||
|HUV:CA||BetaPro S&P 500 VIX Short-Term..||1.02 %||
|HMF:CA||Horizons Auspice Managed Futur..||1.12 %||
|PEU:CA||Purpose Enhanced US Equity Fun..||1.31 %||
|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|
|Trailing 12 Months|
|Trailing 5 Years|
|Average Annual (5 Year Horizon)|
|Risk Return Profile|
|Volatility (Standard Deviation)||9.78%||40%||F||62%||D-|
|Risk Adjusted Return||40.88%||40%||F||49%||F|
|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.
There is nothing we particularly like
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.
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.
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.
The company has under performed its peers on annual average total returns in the past 5 years.
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.