PHE.B:CA:TSX-Purpose Tactical Hedged Equity Fund

ETF | Alternative Strategies | Toronto Stock Exchange

Last Closing Price

CAD 26.03


+0.07 (+0.27)%

Market Cap

CAD 0.03B



Average Target Price

Average Analyst Rating


STA Verdict



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: 29/04/2014

Primary Benchmark: N/A

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.97 %

Unadjusted Closing Price

Adjusted Closing Price



Top Sectors


Top Regions


Share Volume

Relative Performance (Total Returns)

Relative Returns (From:    To: 2019-03-18 )

Largest Industry Peers for Alternative Strategies

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

+0.15 (+0.71%)

CAD 0.25B
PMM:CA Purpose Multi-Strategy Market .. 1.06 %

-0.02 (-0.09%)

CAD 0.04B
HHF:CA Horizons Morningstar Hedge Fun.. 1.74 %

-0.04 (-0.29%)

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


CAD 0.01B
PHE:CA Purpose Tactical Hedged Equity.. 0.96 %


CAD 0.01B
HUV:CA BetaPro S&P 500 VIX Short-Term.. 1.02 %

-0.01 (-0.10%)

CAD 0.01B
NALT:CA NBI Liquid Alternatives ETF 0.00 %


CAD 0.01B
HAC.A:CA Horizons Seasonal Rotation ETF 3.14 %


CAD 9.26M
HARC:CA Horizons Absolute Return Globa.. 1.09 %

+0.04 (+0.19%)

CAD 8.81M
DANC:CA Desjardins Alt Long/Short Equi.. 0.00 %

-0.01 (-0.05%)

CAD 5.11M

ETFs Containing PHE.B:CA

Symbol Name Weight Mer Price(Change) Market Cap
PMM:CA Purpose Multi-Strategy Ma.. 37.81 % 1.06 %

-0.02 (-0.09%)

CAD 0.04B

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
Capital Gain 4.12% 50% F 44% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.12% 50% F 42% F
Trailing 12 Months  
Capital Gain -0.61% 60% D- 63% D
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.61% 60% D- 50% F
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 5.70% 80% B- 74% C
Dividend Return 5.80% 80% B- 65% D
Total Return 0.10% 25% F 2% F
Risk Return Profile  
Volatility (Standard Deviation) 8.28% 50% F 67% D+
Risk Adjusted Return 70.09% 80% B- 77% C+
Market Capitalization 0.02B 75% C 27% 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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

What to not like:
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.