Key stats
About PURPOSE INTL TACTICAL HDG EQUITY FD ETF SHS
Expense ratio
1.32%
Home page
Inception date
Apr 22, 2015
The fund seeks to provide consistent long-term capital appreciation and reduce risk by tactically hedging up to 75% of its portfolio of equity securities listed on international exchanges outside the US and Canada. Its proprietary methodology emphasizes factors that highlight strong performing stocks such as fundamental change, valuation, growth and quality. Hedging is intended to enable the fund to take advantage of the expected value (or alpha) associated with the funds individual portfolio investments but with reduced risk that is associated with the overall market (or beta). The fund may use derivatives in order to further meet its investment objectives, and may also engage in short selling or other securities lending transactions to generate additional income. Portfolio holdings are reconstituted and rebalanced monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Stocks98.04%
Finance22.39%
Health Technology13.22%
Consumer Non-Durables8.40%
Producer Manufacturing6.94%
Consumer Durables6.59%
Technology Services6.51%
Non-Energy Minerals5.89%
Retail Trade5.66%
Energy Minerals5.42%
Electronic Technology4.38%
Process Industries3.01%
Commercial Services2.66%
Communications2.53%
Utilities1.94%
Distribution Services1.08%
Transportation0.84%
Consumer Services0.58%
Bonds, Cash & Other1.96%
Cash1.60%
Rights & Warrants0.37%
Stock breakdown by region
Europe72.89%
Asia19.71%
Oceania7.40%
North America0.00%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history