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Purpose Monthly Income Fund (PIN.TO)
About this ETF
The Purpose Monthly Income Fund aims to provide consistent income and regular monthly payouts by strategically investing across a diverse array of asset types. Its core methodology involves risk-parity weighting, which ensures that the total risk of the portfolio, gauged by the volatility of its returns, is uniformly distributed among all constituent asset classes. Consequently, each asset class contributes an equivalent share to the overall portfolio risk. To achieve its investment objectives and generate earnings, PIN has the flexibility to employ various financial instruments. These may include writing cash-covered put options or covered call options, utilizing warrants and Exchange Traded Funds (ETFs), or engaging in derivatives like options, forward contracts, futures, and swaps. The fund may also maintain positions in…
Price
Top 10 holdings
This fund does not disclose a securities portfolio (e.g. physically-backed or synthetic products).
Sector mix
Price chart
Returns
| 1 month | +0.55% |
| 3 months | +0.80% |
| 6 months | +5.07% |
| Year to date | +6.13% |
| 1 year | +10.75% |
| 3 years (ann.) | +6.16% |
| 5 years (ann.) | +1.53% |
| 10 years (ann.) | +0.45% |
Risk profile
| Volatility (1y, ann.) | 5.80% |
| Sharpe (1y) | 1.79 |
| Sharpe (3y) | 0.91 |
| Sortino (1y) | 2.76 |
| Max drawdown (1y) | -4.56% |
| Max drawdown (5y) | -14.25% |
| Max drawdown (full) | -28.68% |
| Beta vs S&P 500 (1y) | 0.14 |
| Correlation vs S&P 500 (1y) | 0.29 |
Technical outlook as of 2026-07-10
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
This fund does not disclose a securities portfolio (e.g. physically-backed commodity products or some synthetic structures).
Sector breakdown
Cost vs. peers
Comparison universe: 256 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-26 | 2026-07-03 | CAD 0.0830 |
| 2026-05-27 | 2026-06-02 | CAD 0.0830 |
| 2026-04-28 | 2026-05-04 | CAD 0.0830 |
| 2026-03-27 | 2026-04-02 | CAD 0.0830 |
| 2026-02-25 | 2026-03-03 | CAD 0.0830 |
| 2026-01-28 | 2026-02-03 | CAD 0.0830 |
| 2025-12-29 | 2026-01-05 | CAD 0.0830 |
| 2025-11-26 | 2025-12-02 | CAD 0.0830 |
| 2025-10-29 | 2025-11-04 | CAD 0.0830 |
| 2025-09-25 | 2025-10-02 | CAD 0.0830 |
| 2025-08-27 | 2025-09-03 | CAD 0.0830 |
| 2025-07-29 | 2025-08-05 | CAD 0.0830 |
| 2025-06-26 | 2025-07-03 | CAD 0.0830 |
| 2025-05-28 | 2025-06-03 | CAD 0.0830 |
| 2025-04-28 | 2025-05-02 | CAD 0.0830 |
| 2025-03-27 | 2025-04-02 | CAD 0.0830 |
| 2025-02-26 | 2025-03-04 | CAD 0.0830 |
| 2025-01-29 | 2025-02-04 | CAD 0.0830 |
| 2024-12-27 | 2025-01-06 | CAD 0.0830 |
| 2024-11-27 | 2024-12-03 | CAD 0.0830 |
| 2024-10-29 | 2024-11-04 | CAD 0.0830 |
| 2024-09-26 | 2024-10-02 | CAD 0.0830 |
| 2024-08-28 | 2024-09-04 | CAD 0.0830 |
| 2024-07-29 | 2024-08-02 | CAD 0.0830 |
| 2024-06-26 | 2024-07-03 | CAD 0.0830 |
| 2024-05-29 | 2024-06-04 | CAD 0.0830 |
| 2024-04-25 | 2024-05-07 | CAD 0.0830 |
| 2024-03-25 | 2024-04-05 | CAD 0.0830 |
| 2024-02-26 | 2024-03-07 | CAD 0.0830 |
| 2024-01-26 | 2024-02-07 | CAD 0.0830 |
| 2023-12-22 | 2024-01-08 | CAD 0.0830 |
| 2023-11-27 | 2023-12-07 | CAD 0.0830 |
| 2023-10-26 | 2023-11-07 | CAD 0.0830 |
| 2023-09-26 | 2023-10-10 | CAD 0.0830 |
| 2023-08-28 | 2023-09-08 | CAD 0.0830 |
| 2023-07-26 | 2023-08-08 | CAD 0.0830 |
| 2023-06-27 | 2023-07-10 | CAD 0.0830 |
| 2023-05-26 | 2023-06-07 | CAD 0.0830 |
| 2023-04-25 | 2023-05-05 | CAD 0.0830 |
| 2023-03-28 | 2023-04-10 | CAD 0.0830 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| iShares Core Equity ETF Portfolio XEQT.TO | 0.20% | 14.36B | 1.60% | +25.31% | 1.89 |
| Vanguard All-Equity ETF Portfolio VEQT.TO | 0.22% | 11.06B | 1.24% | +26.33% | 1.94 |
| FT Vest Laddered Buffer ETF BUFR | 0.95% | 10.09B | — | +14.32% | 2.06 |
| Vanguard Growth ETF Portfolio VGRO.TO | 0.22% | 7.42B | 1.75% | +20.49% | 1.87 |
| Capital Group Core Balanced ETF CGBL | 0.33% | 7.08B | 1.88% | +10.67% | 1.04 |
| Eaton Vance Total Return Bond ETF EVTR | 0.32% | 5.61B | 4.72% | -0.81% | -0.18 |
| iShares Systematic Alternatives Active ETF IALT | 0.99% | 5.00B | 0.40% | — | — |
| VanEck J.P. Morgan EM Local Currency Bond ETF EMLC | 0.30% | 4.80B | 6.27% | +0.79% | 0.14 |
| VanEck High Yield Muni ETF HYD | 0.32% | 4.51B | 4.32% | +2.55% | 0.65 |
| Vanguard Balanced ETF Portfolio VBAL.TO | 0.22% | 4.00B | 2.11% | +14.75% | 1.67 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| VanEck IG Floating Rate ETF FLTR | 0.14% | 2.89B | 0.0% |
| VanEck Intermediate Muni ETF ITM | 0.18% | 2.18B | 0.0% |
| iShares Core 80/20 Aggressive Allocation ETF AOA | 0.19% | 3.21B | 0.0% |
| iShares Core Balanced ETF Portfolio XBAL.TO | 0.19% | 2.37B | 0.0% |
| iShares Core Growth ETF Portfolio XGRO.TO | 0.20% | 3.55B | 0.0% |
