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About PURPOSE CORE ETHER ETF
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Inception date
May 15, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Purpose Investments, Inc.
The fund aims to provide a secure, cost-effective, and convenient exposure to Ether (ETH), avoiding the complexities of direct investment. Ether is the cryptocurrency of Ethereum, powering smart contracts and decentralized apps, unlike most cryptos that are just digital money. The knock-on effect of buying into the fund is the potential financial reward and supports network operability. The strategy integrates responsible investing (RI) data to enhance risk-adjusted returns without setting ESG-related targets or exclusions. Investments may include cash, cash equivalents, or other money market instruments. The fund does not hedge its US-dollar exposure back to Canadian dollars. The fund is a buy-and-hold ETF and does not engage in short-term speculation or non-hedging derivatives. It plans limited short-term borrowing for Solana purchases under NI 81-102 rules.
Classification
Geography
Global
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
No, ETHO.B doesn't pay dividends to its holders.
ETHO.B shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on May 15, 2025, and its management style is Active.
ETHO.B follows the ETH/CAD Exchange Rate - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ETHO.B trades at a premium (0.50%) meaning the ETF is trading at a higher price than the calculated NAV.