The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of Canadian Banks (defined below) (up to 70% on an equal weighted basis) and Canadian Insurance Companies (defined below) (up to 30% on an equal weighted basis) and (ii) monthly distributions.
Frequently asked questions
What is the Purpose Canadian Financial Income Fund Series ETF (BNC) expense ratio?
The Purpose Canadian Financial Income Fund Series ETF funds expense ratio is 0.66%.
What is Purpose Canadian Financial Income Fund Series ETF (BNC) current stock price?
As of the latest data, Purpose Canadian Financial Income Fund Series ETF stock price is CA$42.51, with a previous close of CA$42.62. Purpose Canadian Financial Income Fund Series ETF lost -CA$0.11 in the last trading session, representing a -0.26% loss.
Does Purpose Canadian Financial Income Fund Series ETF (BNC) pay dividends?
Yes. Purpose Canadian Financial Income Fund Series ETF pays monthly dividends with an annualized yield of 3.46% and an estimated annual payout of CA$1.47 per share.
When is the next ex-dividend date for Purpose Canadian Financial Income Fund Series ETF (BNC)?
The next ex-dividend date is scheduled for October 28, 2026.