Markets.com Logo

PFH-F

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    17.8662$
  • Previous Close
    17.8662$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

PFH-F.TO represents the Purpose High Interest Savings ETF (CAD Hedged). This ETF trades on the Toronto Stock Exchange (TSX) and is designed to provide investors with a high-interest savings solution within an ETF structure. The "CAD Hedged" component indicates that the fund aims to minimize the impact of fluctuations between the Canadian dollar and other currencies on its returns. Investors typically use PFH-F.TO as a cash management tool or a low-risk investment option to earn a higher yield than traditional savings accounts while maintaining liquidity.

Gold's Safe-Haven Status Under Scrutiny: Market Dynamics and Price Outlook

Emma Rose|--

Trump's Iran War Exit Without a Deal: Reshaping Middle East Energy Security and Power Dynamics

Emma Rose|--
European market insights: What is the European stock market doing right now?

European market insights: What is the European stock market doing right now?

Ghko B|--
EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

EUR/USD Analysis Today: EUR/USD Gains to 1.1550 as Middle East Uncertainty Lingers

Ghko B|--

Microsoft at a Crossroads: AI Hurdles and Cloud Resilience Amidst Market Volatility

Sophia Claire|--

Iran's Hormuz Gambit: Leveraging a Chokepoint for Economic Leverage and Global Impact

Ava Grace|--

Gold Market Resilience: Navigating Sell-offs and Sustaining Bull Run

Noah Lee|--

Factors

Underlying Holdings' Performance: The value of the companies held within the PFH-F.TO ETF directly impacts its price. Positive company performance generally increases the ETF's value.

Interest Rate Changes: As a preferred share ETF, PFH-F.TO's price is sensitive to interest rate fluctuations. Rising rates can decrease the appeal of preferred shares, lowering the ETF's price.

Credit Spreads: Changes in credit spreads, which reflect the perceived risk of corporate debt, can impact preferred shares. Widening spreads often lead to lower PFH-F.TO prices.

Supply and Demand: General market forces of supply and demand influence the ETF's price. Higher demand increases the price, while increased selling pressure decreases it.

Market Sentiment: Overall investor sentiment towards preferred shares and the financial sector can significantly affect the ETF's price. Positive sentiment tends to drive prices up.

Redemption and Creation Activity: Large redemptions can force the ETF to sell underlying holdings, potentially lowering the price. Creations have the opposite effect, but it is very slight.

Currency Fluctuations: PFH-F.TO is denominated in Canadian dollars, so currency fluctuations may influence its price.

Inflation Expectations: Elevated inflation expectations can erode the real return on fixed-income assets like preferred shares, negatively affecting PFH-F.TO's price.

Economic Growth: Strong economic growth can lead to higher interest rates and potentially decrease the appeal of preferred shares.

Liquidity of Underlying Assets: The liquidity of the preferred shares held by the ETF can influence the price. Less liquid assets can lead to wider bid-ask spreads for PFH-F.TO.

ETF Management Fees: While not a direct driver of daily price changes, the ETF's management expense ratio (MER) impacts its overall return and attractiveness.

Regulatory Changes: Changes in regulations that affect preferred shares or the financial sector can influence the ETF's price.

Dividend Payments: Anticipated dividend payments from the underlying preferred shares can provide some support to the ETF's price.

People Also Watch

Latest news

US Steel and Aluminum Tariffs Revamped: Simplification Amidst Potential Cost Increases

Noah Lee|--

SpaceX Files Secret IPO Bid, Eyeing Record-Breaking $1.75 Trillion Valuation

Ava Grace|--

US Intelligence: Iran Unwilling to Engage in Substantive Talks to End War

Sophia Claire|--

Latest Education Articles

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

What Is Sensex in Stock Market: Meaning, Calculation, and Why It Matters for Investors

Ghko B|--
Investing basics for beginners: What are the 4 economic indicators?

Investing basics for beginners: What are the 4 economic indicators?

Frances Wang|--
CFDs vs Options: What’s the Difference?

CFDs vs Options: What’s the Difference?

Julian Parker|--