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Purpose Conservative Income Fund
PRP (Purpose Conservative Income Fund) is an active Balanced ETF by Purpose. With a 0.73% MER, it provides diversified exposure. Monthly distribution with a 3.26% yield.
PRP is actively managed by Purpose's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.73% MER, its fees are in line with category averages. It pays a monthly distribution with a 3.26% yield, making it attractive for income-seeking investors.
PRP is an all-in-one solution combining equities and bonds. It is particularly well suited for beginners or investors who prefer a simplified approach.