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Equity

Purpose Canadian Financial Income Fund

The purpose of this fund

Efficient exposure to Canada’s blue-chip financial stocks, enhanced with covered calls to generate a higher yield.

  • Concentrated exposure to the major Canadian banks and insurance companies
  • Active covered-call writing strategy on up to 25% of the portfolio enhances income and reduces risk
  • Tax-efficient income through its corporate class structure

Invested in Canada's 6 largest banks and 4 largest insurance companies.

national-bankcibcfinancial-group
scotiabanksun-life
td-canada-trustmanulifelifeco
Neuberger Berman - Logo

Managed by -

Neuberger Berman Canada

ESG Risk RatingWhat is ESG?

No ESG score is shown for this fund because either (1) the fund's mandate does not incorporate single security selection, rendering ESG analysis something that cannot be assured on a portfolio management basis, or (2) Purpose does not currently have access to ESG scoring data for >50% of the fund's positions. ESG scores are not shown for these funds as they might be misleading or misrepresent a fund's ESG integration or lack thereof.

FUND DETAILS

YIELD

N/A

MGMT FEE

NAV

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