Inactive Instrument

Purpose US Dividend Fund ? ETF Non-Currency Hedged Units - CAD Stock

ETF

PUD.B

CA74640K2056

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Investment objective

The ETF invests in an equally weighted portfolio of approximately 40 high quality U.S. stock listed dividend-paying equity securities based on a fundamental rules-based portfolio selection strategy that is intended to create value and reduce risk over the investment period. The ETF?s investment strategy is to systematically select companies that have attractive dividend yield and the ability to grow their businesses and dividends for unitholders in the future. The portfolio is structured to reduce risk by using both quality and financial risk screens in order to exclude from the investment universe companies that have low financial strength and limited capacity for business and dividend growth. The ETF?s portfolio is broadly diversified by industry sector, with no one industry representing more than 20% of the net asset value of the ETF.
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Description

CA74640K2056
Total Expense Ratio
  1. Stock Market
  2. ETF
  3. PUD.B ETF