Purpose Tactical Asset Allocation Fund (NEO: RTA)
Canada
· Delayed Price · Currency is CAD | Assets | 263.53M |
| Expense Ratio | 0.94% |
| PE Ratio | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +8.08% |
| Volume | 1,642 |
| Open | 30.74 |
| Previous Close | 30.60 |
| Day's Range | 30.46 - 30.74 |
| 52-Week Low | 27.84 |
| 52-Week High | 31.70 |
| Beta | 0.82 |
| Holdings | 65 |
| Inception Date | May 11, 2017 |
About RTA
Purpose Tactical Asset Allocation Fund is an exchange traded fund launched and managed by Purpose Investments Inc. It invests in public equity and fixed income markets of the United States and Canada region. For its equity portion, the fund invests through other funds in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, it invests through other funds in bonds. The fund employs quantitative analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against a composite index comprising of 40% of the S&P/TSX Composite Total Return Index, 20% of the S&P 500 Total Return Index and 40% of the FTSE TMX Canada Bond Universe Index. It employs proprietary research to create its portfolio. Purpose Tactical Asset Allocation Fund was formed on November 4, 2015 and is domiciled in Canada.
Performance
RTA had a total return of 8.08% in the past year. Since the fund's inception, the average annual return has been 5.65%, including dividends.
Top 10 Holdings
113.23% of assets| Name | Symbol | Weight |
|---|---|---|
| iShares Core Canadian Short Term Bond Index ETF | XSB | 34.24% |
| Vanguard Short-Term Bond ETF | BSV | 18.57% |
| iShares Core Canadian Universe Bond Index ETF | XBB | 16.17% |
| Canadian Dollar | n/a | 12.81% |
| Invesco QQQ Trust Series I | QQQ | 10.85% |
| Vanguard Total Stock Market ETF | VTI | 6.64% |
| iShares S&P/TSX 60 Index ETF | XIU | 6.59% |
| Vanguard Total Bond Market ETF | BND | 5.43% |
| Cash | n/a | 1.40% |
| Purpose USD Cash Management Fund | MNU.U | 0.53% |