Bringing you live news and features since 2006 

Purpose Investments launches US Dividend Fund

RELATED TOPICS​

Purpose Investments has launched the Purpose US Dividend Fund (PUD). The iPO of the currency hedged ETF units and non-currency hedged ETF units has closed and the ETF units are trading on the Toronto Stock Exchange.

“With the success of the Purpose Core Dividend Fund and the continued demand for income oriented equity solutions, it was important for us to expand our traditional line-up to include the Purpose US Dividend Fund," says Som Seif, President and Chief Executive Officer of Purpose Investments. "For Canadians seeking to increase their exposure to the US economy, this fund is composed entirely of high-quality dividend-paying US equities. The Fund will use Purpose's proven fundamental rules-based security selection to not only select companies that have a consistent history of providing income to shareholders, but more importantly have the fundamentals to continue to grow their businesses and dividends in the future."

The Purpose US Dividend Fund is a diversified portfolio of high quality US companies with the capacity to pay and grow their dividends. This Fund is guided by a fundamental rules-based strategy that provides investors with attractive monthly distributions and the potential for long-term growth.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by