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Equity

Purpose Canadian Financial Income Fund

The purpose of this fund

  • Concentrated exposure to the major Canadian banks and insurance companies
  • Active covered-call writing strategy on up to 25% of the portfolio enhances income and reduces risk
  • Tax-efficient income through its corporate class structure

Invested in Canada's 6 largest banks and 4 largest insurance companies.

national-bankcibcfinancial-group
scotiabanksun-life
td-canada-trustmanulifelifeco

Managed by -

Neuberger Berman Canada Logo

Neuberger Berman Canada

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. The prospectus contains important detailed information about the investment fund. Please read the prospectus before investing. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. The indicated rate of return is the historical annual compounded total return including changes in share/unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.

This information is provided for illustrative and discussion purposes only. This material is not intended as a formal research report and should not be relied upon as a basis for making an investment decision. Historical trends do not imply, forecast or guarantee future results. Information is as of the date indicated and subject to change without notice. Nothing herein constitutes a prediction or projection of future events or future market behavior.

If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

FUND DETAILS

ETF  BNC
ETF (BNC)
YIELD

4.99%

MGMT FEE

0.55%

AUM

$9.3M

NAV

$29.43

(2024-11-25)

SETTLEMENT DATE

T+1

 EXPAND ALL DETAILS

RETURNSAS AT 2024-10-31

Series1Y3Y5Y10YSince Inception
ETF33.13%6.24%9.28%-9.10%
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