Purpose Canadian Financial Income Fund Series ETF (TSE:BNC – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$28.82 and traded as high as C$31.74. Purpose Canadian Financial Income Fund Series ETF shares last traded at C$31.74, with a volume of 200 shares.
Purpose Canadian Financial Income Fund Series ETF Trading Down 0.7%
The firm’s 50 day moving average price is C$30.49 and its two-hundred day moving average price is C$28.82.
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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