Key stats
About PURPOSE CASH MANAGEMENT FUND UNIT
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Inception date
Sep 14, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Purpose Investments, Inc.
The fund is an actively managed portfolio primarily consisting of high-quality corporate debt instruments, known to be maturing in one year or less. In seeking a high rate of income with capital preservation and maintained liquidity, the fund may also hold, to a lesser degree, other short-term debt obligations of, or guaranteed by, the Canadian governments or their agencies, treasury bills or other short-term debt obligations. Investing in bank-sponsored, asset-backed commercial paper also enables the fund to enhance its yield while maintaining credit quality. It may engage in securities lending and repurchase, including reverse repurchase transactions to generate additional income. The fund is designed for investors looking for a liquid, short-term investment. Prior to August 23, 2022, the fund traded under the name Purpose Cash Management Portfolio.
Classification
What's in the fund
Exposure type
Cash
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.