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Purpose High Interest Savings Fund ETF Units (PSA : TSX)

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Canadian Money Market

Close
(05-27-2025) 		$50.10
Change
$0.00 (0.00%)
Open $50.10
Day Range $50.10 - $50.11
Volume 146,738

As at April 30, 2025

As at April 30, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252016-01-012018-01-012020-01-012022-01-012024-01-01$50.00$50.05$50.10$50.15$49.90$50.20$50.30050,000,0005,000,00010,000,000Period
Created with Highcharts 10.3.3Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 20252016-01-012018-01-012020-01-012022-01-012024-01-01-0%0%0%0%0%0%1%-1%-0%-0%-0%Period

Legend

Purpose High Interest Savings Fund ETF Units

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Fund Returns

Inception Return (October 11, 2013): 2.00%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.22% 0.68% 1.54% 0.95% 3.85% 4.54% 4.24% 3.32% 2.78% 2.65% 2.55% 2.38% 2.23% 2.10%
Benchmark 0.22% 0.69% 1.53% 0.95% 3.78% 4.34% 3.99% 3.03% 2.44% 2.30% 2.19% 2.02% 1.85% 1.71%
Category Average 0.22% 1.40% 1.40% 0.88% 3.43% 3.86% 3.40% 2.49% 2.01% 1.85% 1.72% 1.57% 1.40% 1.28%
Category Rank 129 / 270 122 / 265 124 / 263 124 / 265 98 / 254 43 / 238 26 / 222 19 / 216 15 / 206 8 / 193 7 / 179 7 / 168 6 / 162 5 / 156
Quartile Ranking 2 2 2 2 2 1 1 1 1 1 1 1 1 1

Monthly Return

Created with Highcharts 10.3.3May 24Jun 24Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 250%0%0%0%0%1%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 0.42% 0.36% 0.42% 0.36% 0.36% 0.34% 0.29% 0.29% 0.27% 0.23% 0.23% 0.22%
Benchmark 0.40% 0.39% 0.38% 0.36% 0.34% 0.33% 0.29% 0.28% 0.26% 0.24% 0.23% 0.22%

Best Monthly Return Since Inception

0.46% (October 2023)

Worst Monthly Return Since Inception

0.04% (February 2022)

Calendar Return (%)

Created with Highcharts 10.3.30%1%2%3%4%5%6%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 1.08% 1.00% 1.08% 1.67% 2.20% 0.95% 0.59% 2.28% 5.16% 4.56%
Benchmark 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71% 4.47%
Category Average 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06% 4.01%
Quartile Ranking 1 1 1 1 1 1 1 1 1 2
Category Rank 7/ 154 4/ 159 7/ 167 21/ 174 1/ 190 26/ 203 8/ 216 7/ 219 9/ 229 85/ 252

Best Calendar Return (Last 10 years)

5.16% (2023)

Worst Calendar Return (Last 10 years)

0.59% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
National Bank Cash Account 2.75% 31-Dec-2049 49.41
Canada Government 18-Jun-2025 11.55
Scotiabank Deposit Account 3.25% 31-Dec-2049 10.55
Canada Government 16-Jul-2025 9.90
Canada Government 04-Jun-2025 4.28
Scotiabank Cash Account 2.55% 31-Dec-2049 4.20
Bank of Montreal Cash Account 3.15% 31-Dec-2049 3.89
Canada Government 02-Jul-2025 2.14
Canada Government 07-May-2025 1.93
Canada Government 22-May-2025 1.72

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: .
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return01234560%1%2%3%4%5%6%

Purpose High Interest Savings Fund ETF Units

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.32% 0.56% 0.45%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 10.79% -0.58% -1.99%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.25% 0.32% 0.56% 0.45%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino 17.34% 10.79% -0.58% -1.99%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date October 11, 2013
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $50.22
52 Week Low $50.00
Annual Dividend $1.92
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The fund seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing in high interest deposit accounts and/or high-quality money market securities

Investment Strategy

The fund primarily invests its assets in high interest deposit accounts with one or more Chartered Banks and/or Canadian Credit Unions. The fund may also invest in high-quality, short-term debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances, asset-backed commercial paper and commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations

Portfolio Management

Portfolio Manager

Purpose Investments Inc.
Sub-Advisor

Neuberger Berman Investment Advisers LLC

Management and Organization

Fund Manager

Purpose Investments Inc.
Custodian

CIBC Mellon Trust Company
Registrar

CIBC Mellon Global Securities Services Company
Distributor

-

Fees

MER 0.16%
Management Fee 0.15%

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