PBI vs. PFAE ETF Comparison
Comparison of Purpose Best Ideas Fund (PBI) to Picton Mahoney Fort Act Ext Alt Fund ETF (PFAE)
PBI
Purpose Best Ideas Fund
PBI Description
The fund seeks to provide shareholders with attractive long-term capital appreciation by investing in a portfolio of North American equities considered to be high conviction securities across a group of some of the world’s most renowned investment managers. The group of investment managers is selected by the manager and the investment advisor.
Grade (RS Rating)
Last Trade
$39.33
Average Daily Volume
608
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
PFAE
Picton Mahoney Fort Act Ext Alt Fund ETF
PFAE Description
The investment objective of the Picton Mahoney Fortified Extension Alternative Fund (the “Fund”) is to provide long-term capital appreciation and to provide unitholders with an attractive risk-adjusted rate of return with similar volatility to the traditional equity market by taking long and short investment positions in an actively-managed portfolio comprised primarily of Canadian equity securities.Grade (RS Rating)
Last Trade
$17.63
Average Daily Volume
1,333
Number of Holdings
*
5
* may have additional holdings in another (foreign) market
Performance
| Period | PBI | PFAE |
|---|---|---|
| 30 Days | -2.30% | -0.28% |
| 60 Days | -0.32% | 2.44% |
| 90 Days | 5.33% | 5.51% |
| 12 Months | 34.21% | 15.30% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PBI | Weight in PFAE | Overlap |
|---|
PBI Overweight 1 Positions Relative to PFAE
| Symbol | Grade | Weight | |
|---|---|---|---|
| MATE | F | 3.74% |
PBI: Top Represented Industries & Keywords
Industries:
Credit Services
PFAE: Top Represented Industries & Keywords
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