Key stats
About PURPOSE HIGH INT SVGS FUND UNIT
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Inception date
Oct 15, 2013
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Purpose Investments, Inc.
The fund is an actively managed fund that aims to maximize monthly income while preserving capital and liquidity. In achieving this goal, the fund primarily invests in high interest deposit accounts with one or more Chartered Banks and/or Canadian Credit Unions. This fund may be right for investors who are seeking current income, can tolerate minimal risk, and are looking for a liquid, short-term investment.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Government
Bonds, Cash & Other100.00%
Cash68.22%
Government31.78%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PSA last dividends amounted to 0.11 CAD. The month before, the issuer paid 0.12 CAD in dividends, which shows a 7.77% decrease.
PSA assets under management is 3.35 B CAD. It's fallen 2.00% over the last month.
PSA fund flows account for 97.14 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PSA pays dividends to its holders with the dividend yield of 2.56%. The last dividend (May 2, 2025) amounted to 0.12 CAD. The dividends are paid monthly.
PSA shares are issued by Purpose Unlimited under the brand Purpose. The ETF was launched on Oct 15, 2013, and its management style is Active.
PSA expense ratio is 0.16% meaning you'd have to pay 0.16% of your investment to help manage the fund.
PSA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PSA invests in cash.
PSA price has fallen by −0.03% over the last month, and its yearly performance shows a −0.18% decrease. See more dynamics on PSA price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.68% increase in three-month performance and has increased by 3.11% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.68% increase in three-month performance and has increased by 3.11% in a year.
PSA trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.