Shares of Purpose Canadian Financial Income Fund Series ETF (TSE:BNC – Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$29.83 and last traded at C$29.77, with a volume of 209 shares traded. The stock had previously closed at C$29.75.
Purpose Canadian Financial Income Fund Series ETF Price Performance
The business has a fifty day simple moving average of C$29.19 and a 200-day simple moving average of C$27.92.
Purpose Canadian Financial Income Fund Series ETF Company Profile
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.To achieve its investment objectives, the fund will invest primarily in equity securities of Canadian Banks (up to 70% on an equal weighted basis) and to a lesser extent Canadian Insurance Companies (up to 30% on an equal weighted basis).
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