Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Fund Search
ETF Search
Stock Search

Try Fund Library Premium

Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
  • Portfolio Rebalancer new
Sign up Now
More Info

Purpose High Interest Savings Fund ETF Units (PSA : TSX)

Add to My Watchlist

Canadian Money Market

Close
(09-11-2026) 		$50.06
Change
$0.01 (0.02%)
Open $50.05
Day Range $50.05 - $50.06
Volume 65,061

As at August 31, 2026

As at August 31, 2026

  • Closing Price / Volume
Period
Loading......
Loading......

Legend

Purpose High Interest Savings Fund ETF Units

Compare Options

Fund Returns

Inception Return (October 11, 2013): 2.03%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.19% 0.56% 1.11% 1.45% 2.26% 2.69% 3.47% 3.78% 3.25% 2.80% 2.61% 2.56% 2.42% 2.28%
Benchmark 0.19% 0.56% 1.12% 1.49% 2.28% 2.69% 3.42% 3.63% 3.05% 2.55% 2.34% 2.25% 2.13% 1.96%
Category Average 0.17% 0.87% 0.87% 1.16% 1.83% 2.31% 2.99% 3.11% 2.52% 2.09% 1.90% 1.80% 1.66% 1.52%
Category Rank 81 / 273 93 / 272 88 / 270 91 / 270 88 / 268 91 / 257 69 / 245 35 / 219 26 / 211 24 / 208 22 / 195 15 / 181 17 / 167 14 / 160
Quartile Ranking 2 2 2 2 2 2 2 1 1 1 1 1 1 1

Monthly Return

Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 0.22% 0.21% 0.17% 0.19% 0.18% 0.16% 0.19% 0.18% 0.17% 0.19% 0.19% 0.19%
Benchmark 0.22% 0.20% 0.18% 0.18% 0.18% 0.18% 0.18% 0.19% 0.19% 0.19% 0.19% 0.19%

Best Monthly Return Since Inception

0.46% (October 2023)

Worst Monthly Return Since Inception

0.04% (February 2022)

Calendar Return (%)

Calendar Return
Return % 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Fund 1.00% 1.08% 1.67% 2.20% 0.95% 0.59% 2.28% 5.16% 4.56% 2.63%
Benchmark 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71% 4.47% 2.64%
Category Average 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06% 4.01% 2.32%
Quartile Ranking 1 1 1 1 1 1 1 1 2 2
Category Rank 4/ 154 7/ 162 21/ 169 2/ 184 30/ 197 8/ 210 7/ 213 10/ 223 85/ 246 94/ 260

Best Calendar Return (Last 10 years)

5.16% (2023)

Worst Calendar Return (Last 10 years)

0.59% (2021)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
National Bank Cash Account 2.25% 31-Dec-2049 48.65
Bank of Montreal Cash Account 2.52% 31-Dec-2049 14.26
BANK OF SCOTIA CASH ACCOUNT 2 2.25% 31-Dec-2049 11.85
Scotiabank Deposit Account 2.75% 31-Dec-2049 10.09
Canada Government 0.00% 18-Nov-2026 5.38
Canada Government 0.00% 02-Dec-2026 2.52
Canada Government 0.00% 21-Oct-2026 2.41
CM CASH DEPOSIT ACCOUNT 2.05% 31-Dec-2049 1.81
Canada Government 0.00% 04-Nov-2026 1.57
Canada Government 0.00% 09-Sep-2026 1.45

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: .
Period: 

Risk vs Return (3 Yr)

Purpose High Interest Savings Fund ETF Units

Median

Other - Canadian Money Market

3 Yr Annualized

Standard Deviation 0.35% 0.45% 0.43%
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino 3.03% 0.72% -1.78%
Treynor - - -
Tax Efficiency - - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.06% 0.35% 0.45% 0.43%
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino -3.36% 3.03% 0.72% -1.78%
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date October 11, 2013
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $3,148
52 Week High $50.12
52 Week Low $50.00
Annual Dividend $1.11
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The fund seeks to maximize monthly income for unitholders while preserving capital and liquidity by investing in high interest deposit accounts and/or high-quality money market securities

Investment Strategy

The fund primarily invests its assets in high interest deposit accounts with one or more Chartered Banks and/or Canadian Credit Unions. The fund may also invest in high-quality, short-term debt securities, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, bankers acceptances, asset-backed commercial paper and commercial paper issued by Canadian chartered banks, loan companies, trust companies and corporations

Portfolio Management

Portfolio Manager

Purpose Investments Inc.
Sub-Advisor

Neuberger Berman Investment Advisers LLC

Management and Organization

Fund Manager

Purpose Investments Inc.
Custodian

CIBC Mellon Trust Company
Registrar

CIBC Mellon Global Securities Services Company
Distributor

-

Fees

MER 0.17%
Management Fee 0.15%

Try Fund Library Premium

Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
  • Portfolio Rebalancer new
Sign up Now
More Info