PEU:CA:TSX-Purpose Enhanced US Equity Fund

ETF | Others | Toronto Stock Exchange

Last Closing

CAD 28.03

Change

0.00 (0.00)%

Market Cap

CAD 2.25M

Volume

850.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest 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 Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-07-15 )

Largest Industry Peers for Others

Symbol Name Mer Price(Change) Market Cap
XEF-U:CA iShares Core MSCI EAFE IMI Ind.. 0.00 %

N/A

CAD 6.19B
CASH:CA Horizons High Interest Savings.. 0.00 %

-0.01 (-0.01%)

CAD 4.83B
PHYS-U:CA Sprott Physical Gold Trust 0.00 %

+0.31 (+1.71%)

CAD 4.76B
XUS-U:CA iShares Core S&P 500 Index ETF 0.00 %

-0.66 (-1.02%)

CAD 4.54B
CEF-U:CA Sprott Physical Gold and Silve.. 0.00 %

+0.36 (+1.64%)

CAD 3.78B
HXT-U:CA Horizons S&P/TSX 60 Index ETF 0.00 %

-0.10 (-0.25%)

CAD 3.75B
PSLV-U:CA Sprott Physical Silver Trust 0.00 %

+0.35 (+3.72%)

CAD 3.29B
IGAF:CA IA Clarington Loomis Global Al.. 0.00 %

+0.03 (+0.21%)

CAD 3.23B
XEQT:CA iShares Core Equity Portfolio 0.00 %

-0.24 (-0.80%)

CAD 2.86B
NSCB:CA NBI Sustainable Canadian Bond .. 0.00 %

-0.04 (-0.18%)

CAD 2.78B

ETFs Containing PEU:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Others) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 17.43% 87% B+ 76% C+
Dividend Return N/A N/A N/A N/A F
Total Return 17.43% 81% B- 72% C
Trailing 12 Months  
Capital Gain 4.05% 75% C 72% C
Dividend Return N/A N/A N/A N/A F
Total Return 4.05% 54% F 61% D-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A F
Dividend Return N/A N/A N/A N/A F
Total Return N/A N/A N/A N/A F
Average Annual (5 Year Horizon)  
Capital Gain 5.17% 50% F 67% D+
Dividend Return 5.17% 50% F 57% F
Total Return N/A N/A N/A N/A F
Risk Return Profile  
Volatility (Standard Deviation) 14.61% 17% F 55% F
Risk Adjusted Return 35.41% 50% F 50% F
Market Capitalization 2.25M 4% F 2% 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:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

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.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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.

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.

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.