Purpose US Cash Fund ETF (TSE:PSU.U) Trading Up 0% – Should You Buy?

Purpose US Cash Fund ETF (TSE:PSU.U)’s share price rose 0% during trading on Friday . The stock traded as high as C$100.23 and last traded at C$100.23. Approximately 6,604 shares were traded during trading, a decline of 68% from the average session volume of 20,965 shares. The stock had previously closed at C$100.19.

Purpose US Cash Fund ETF Trading Up 0.0%

The stock has a fifty day moving average of C$100.15 and a two-hundred day moving average of C$100.15.

Purpose US Cash Fund ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 3rd. Shareholders of record on Friday, July 3rd were given a dividend of $0.2907 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Friday, June 26th.

Purpose US Cash Fund ETF Company Profile

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.