PHE:CA:TSX-Purpose Tactical Hedged Equity Fund

ETF | Alternative Strategies | Toronto Stock Exchange

Last Closing

CAD 24.68

Change

0.00 (0.00)%

Market Cap

CAD 0.02B

Volume

100.00

Analyst Target

N/A
Analyst Rating

N/A

ducovest 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: ---

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.95 %

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: 2019-02-21 )

Largest Industry Peers for Alternative Strategies

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 3.13% 50% F 43% F
Dividend Return N/A N/A N/A N/A F
Total Return 3.13% 50% F 41% F
Trailing 12 Months  
Capital Gain -3.74% 50% F 51% F
Dividend Return N/A N/A N/A N/A F
Total Return -3.74% 50% F 43% F
Trailing 5 Years  
Capital Gain 13.06% 50% F 68% D+
Dividend Return 0.61% 100% F 1% F
Total Return 13.66% 50% F 52% F
Average Annual (5 Year Horizon)  
Capital Gain 3.02% 50% F 64% D
Dividend Return 3.14% 40% F 47% F
Total Return 0.12% 50% F 3% F
Risk Return Profile  
Volatility (Standard Deviation) 10.06% 40% F 61% D-
Risk Adjusted Return 31.27% 40% F 50% F
Market Capitalization 0.02B 58% F 15% 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:
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.

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.

Below median total returns

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

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.