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Purpose Multi-Asset Income Fund
PINC (Purpose Multi-Asset Income Fund) is an active Balanced ETF by Purpose. With a 0.85% MER, it provides diversified exposure. Monthly distribution with a 4.69% yield.
PINC is actively managed by Purpose's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.85% MER reflects the costs of a more specialized management approach. It pays a monthly distribution with a 4.69% yield, making it attractive for income-seeking investors.
PINC is an all-in-one solution combining equities and bonds. It is particularly well suited for beginners or investors who prefer a simplified approach.