PMM.TO
Purpose Multi-Strategy Market Ne
PMM.TO
24,08
0,03 Bil. AUM
1,2% Expense Ratio
22,44 NAV
Purpose Multi-Strategy Market Ne Profile
About Purpose Multi-Strategy Market Ne
The fund seeks to provide positive absolute returns uncorrelated to the broader securities markets. In achieving this, the fund implements multiple long/short strategies on a variety of asset classes including equities, fixed income, currencies and commodities. The fund considers multiple technical and fundamental factors in selecting its portfolio of global securities, such as valuation, growth, quantitative, rules-based scoring methodologies, interest rate differentials, price movement, and term structure risk premiums. PMM is diversified at both the asset class and individual security levels in order to manage risk. It also uses technical momentum factors to provide downside risk management. The investment advisor determines if the portfolio needs to be reconstituted or rebalanced. Also, part of the foreign currency exposure might be hedged back to CAD in the investment advisors discretion.
- Company
- Holdings
- 0
- CUSIP
Purpose Multi-Strategy Market Ne Sectors
| Industry | Percentage |
|---|---|
| Technology | 29,34% |
| Financial Servic | 12,88% |
| Healthcare | 12,02% |
| Consumer Cyclica | 10,79% |
| Industrials | 9,78% |
| Communication Se | 8,73% |
| Consumer Defensi | 6,35% |
| Basic Materials | 3,45% |
| Energy | 3,11% |
| Utilities | 1,91% |
| Real Estate | 1,65% |