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Purpose Multi Strategy Market Neutral (PMM)

Toronto
Currency in CAD
24.53
-0.85(-3.35%)
Closed
Day's Range
24.4724.62
52 wk Range
20.5525.03
Bid/Ask
24.35 / 24.60
Prev. Close
24.47
Price Open
24.56
Volume
5,200
Average Vol. (3m)
1,370
1-Year Change
18.67%
Day's Range
24.47-24.62
52 wk Range
20.55-25.03
Market Cap
39.86M
Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Daily
Weekly
Monthly
More
Type:ETF
Market:Canada
Issuer:Purpose
Asset Class:Other
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Purpose Multi Strategy Market Neutral Company Profile

Purpose Fund Corp. - Purpose Multi-Strategy Market Neutral Fund is an exchange traded fund launched and managed by Purpose Investments Inc. The fund is co-managed by Neuberger Berman Canada ULC. It invests in public equity, fixed income, commodity and currency markets of global region. The fund employs long/short strategy to create its portfolio. For its equity portion, it invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, it invests in global debt securities. For its commodity portion, it invests through other funds and through derivatives in energy commodities, precious and base metals, and agricultural commodities including grains and oilseeds, softs, and livestock. The fund uses derivatives such as futures and options to create its portfolio. For its currency portion, the fund invests in developed and emerging markets currencies. It employs fundamental and quantitative analysis to create its portfolio. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs proprietary research to create its portfolio. Purpose Fund Corp. - Purpose Multi-Strategy Market Neutral Fund was formed on October 14, 2014 and is domiciled in Canada.

Industry
-
Sector
-
Equity Type
ETF
Market
Canada
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