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Purpose Tactical Hedged Equity Fund
PHE (Purpose Tactical Hedged Equity Fund) is an active Canadian Equity ETF by Purpose. With a 0.80% MER, it provides diversified exposure.
PHE is actively managed by Purpose's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.80% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
It can be held in a TFSA, RRSP, or non-registered account depending on your investment strategy.