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Purpose Canadian Financial Income Fund (TSX:BNC)

Canada flag Canada · Delayed Price · Currency is CAD
43.36
-0.44 (-1.00%)
Sep 22, 2026, 3:07 PM EST
Assets5.40M
Expense Ratio0.84%
PE Ratio17.60
Dividend (ttm)1.47
Dividend Yield3.39%
Ex-Dividend DateSep 28, 2026
Payout FrequencyMonthly
Payout Ratio59.68%
1-Year Return+43.62%
Volume313
Open43.84
Previous Close43.80
Day's Range43.36 - 43.84
52-Week Low31.20
52-Week High44.20
Beta0.68
Holdings35
Inception DateOct 26, 2016

About BNC

Purpose Canadian Financial Income Fund is an exchange traded fund launched and managed by Purpose Investments Inc. The fund is co-managed by Neuberger Berman Breton Hill ULC. It invests in public equity markets of Canada. The fund invests directly and through derivatives in stocks of companies operating across banking and insurance sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies. Purpose Canadian Financial Income Fund was formed on October 26, 2016 and is domiciled in Canada.

Asset Class Equity
Category Financials
Region North America
Stock Exchange Toronto Stock Exchange
Ticker Symbol BNC
Provider Purpose

Performance

BNC had a total return of 43.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.72%.

Top 10 Holdings

98.45% of assets
NameSymbolWeight
The Bank of Nova ScotiaBNS12.09%
The Toronto-Dominion BankTD11.65%
Royal Bank of CanadaRY11.30%
Canadian Imperial Bank of CommerceCM11.21%
Bank of MontrealBMO11.14%
National Bank of CanadaNA11.01%
Manulife Financial CorporationMFC7.73%
iA Financial Corporation Inc.IAG7.45%
Great-West Lifeco Inc.GWO7.44%
Sun Life Financial Inc.SLF7.42%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 28, 20260.1225Oct 2, 2026
Aug 27, 20260.1225Sep 2, 2026
Jul 29, 20260.1225Aug 5, 2026
Jun 26, 20260.1225Jul 3, 2026
May 27, 20260.1225Jun 2, 2026
Apr 28, 20260.1225May 4, 2026
Full Dividend History