The annual fee that you pay to the fund company for managing your investment. The lower the expense ratio, the better. This is not an investment recommendation.
The fund strives to deliver positive absolute returns, aiming to be independent of the performance of broader financial markets. To achieve this, it employs a range of long and short strategies across various asset categories, including equities, fixed income instruments, currencies, and commodities. When selecting its global portfolio, the fund's managers consider numerous technical and fundamental factors, such as intrinsic value, growth potential, quantitative models, structured scoring methods, interest rate variances, price trends, and term structure risk premiums. PMM manages risk through diversification, both across different asset classes and at the individual security level. It also utilizes technical momentum indicators to protect against potential market declines. The investment advisor determines when portfolio adjustments or rebalancing are necessary. Additionally, the advisor may, at their discretion, hedge a portion of the fund's foreign currency exposure back to Canadian dollars.
What is Purpose Multi-Strategy Market Neutral Fund stock price today?▼
The current price of PMM.TO is C$27.92 CAD — it has decreased by -1.34% in the past 24 hours. Watch Purpose Multi-Strategy Market Neutral Fund stock price performance more closely on the chart.
What is Purpose Multi-Strategy Market Neutral Fund stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on Toronto Exchange exchange Purpose Multi-Strategy Market Neutral Fund stocks are traded under the ticker PMM.TO.
Is Purpose Multi-Strategy Market Neutral Fund stock price growing?▼
PMM.TO stock has fallen by -1.03% compared to the previous week, the month change is a -1.62% fall, over the last year Purpose Multi-Strategy Market Neutral Fund has showed a +3.71% increase.
Does Purpose Multi-Strategy Market Neutral Fund pay dividends?▼
Yes, PMM.TO dividends are paid annual. The last dividend per share was 0.2 . As of today, Dividend Yield (FWD)% is 0%.
In which sector is Purpose Multi-Strategy Market Neutral Fund located?▼
Purpose Multi-Strategy Market Neutral Fund operates in the Finance & Payments sector.
When did Purpose Multi-Strategy Market Neutral Fund complete a stock split?▼
Purpose Multi-Strategy Market Neutral Fund has not had any recent stock splits.
Where is Purpose Multi-Strategy Market Neutral Fund headquartered?▼
Purpose Multi-Strategy Market Neutral Fund is headquartered in Toronto, Canada.