Description: Purpose Fund Corp. - Purpose Credit Opportunities Fund is an exchange traded fund launched by Purpose Investments Inc. The fund is managed by Purpose Investment Partners Inc. It invests in public equity and fixed income 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 corporate debt securities. The fund employs fundamental analysis to create its portfolio. Purpose Fund Corp. - Purpose Credit Opportunities Fund was formed on August 28, 2019 and is domiciled in Canada.
Exchange: TO
Country: CA : Canada
Currency: Canadian Dollar (C$)
Category: Alternative Credit Focused
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Bond | 54.39 | 0.60 | 53.79 |
| Other | 23.06 | 0.00 | 23.06 |
| Cash | 67.36 | 49.97 | 17.39 |
| US Equity | 3.88 | 0.54 | 3.34 |
| Equity | 2.42 | 0.00 | 2.42 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Utilities | 35.45 | 40.77 |
| Basic Materials | 17.55 | 15.39 |
| Real Estate | 16.33 | 0.52 |
| Energy | 12.88 | 18.79 |
| Financial Services | 9.95 | 0.39 |
| Industrials | 5.61 | 0.24 |
| Technology | 2.23 | 2.75 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 100.00 | 99.72 |
| Latin America | 0.00 | 0.16 |
| Europe Developed | 0.00 | 0.12 |