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Purpose Ether ETF Class A

Alternative Other

NAVPS
(04-17-2024)
$7.52
Change
-$0.15 (-1.93%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

Purpose Ether ETF Class A

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Fund Returns

Inception Return (October 13, 2021): -4.34%

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 4.56% 53.25% 110.09% 53.25% 87.66% -1.16% - - - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 6.28% 72.67% 72.67% 36.55% 61.59% 12.75% 7.53% 10.88% 9.34% 7.62% 6.74% 7.15% 5.84% 5.73%
Category Rank 52 / 90 46 / 90 50 / 88 46 / 90 50 / 79 56 / 73 - - - - - - - -
Quartile Ranking 3 3 3 3 3 4 - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 3.12% -1.83% 3.12% -4.05% -11.06% 0.27% 8.45% 12.64% 12.23% -1.16% 48.29% 4.56%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

68.07% (July 2022)

Worst Monthly Return Since Inception

-48.09% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -69.10% 84.26%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 4.57% -0.60% 6.48% 4.63% -4.48% 6.64% 14.43% 7.75% -45.86% 66.56%
Quartile Ranking - - - - - - - - 4 3
Category Rank - - - - - - - - 65/ 65 50/ 79

Best Calendar Return (Last 10 years)

84.26% (2023)

Worst Calendar Return (Last 10 years)

-69.10% (2022)

Asset Allocation

Asset Allocation
Name Percent
Commodities 99.96
Cash and Equivalents 0.04

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 0.04
Other 99.96

Geographic Allocation

Geographic Allocation
Name Percent
North America 0.04
Other 99.96

Top Holdings

Top Holdings
Name Percent
Ethereum 1 XBT 99.96
Cash and Cash Equivalents 0.10
United States Dollar 0.00
Canadian Dollar -0.06

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date October 13, 2021
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC6800

Investment Objectives

The fund has been created to invest all or substantially all of its assets in long-term holdings of Ether and seeks to provide unitholders with the opportunity for long-term capital appreciation. The fund will not change its fundamental investment objectives unless the consent of a majority of the fund’s unitholders has been obtained.

Investment Strategy

To achieve its investment objective, the fund invests in and holds substantially all of its assets in long-term holdings of Ether in order to provide unitholders with a secure, convenient, lower-cost alternative to a direct investment in Ether. As a result of the Ethereum Network’s transition to a proof of stake consensus mechanism from proof of work and support for this transition from the Ethereum foundation and the broader community.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 10-18-2021

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian Cidel Trust Company
Registrar CIBC Mellon Global Securities Services Company
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.48%
Management Fee 2.00%
Load Front Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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