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PMEI-UN

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

Analysis and statistics

  • Open
    9.0316$
  • Previous Close
    9.0779$
  • 52 Week Change
    --
  • Day Range
    -0.05$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

PMEI-UN.TO represents Purpose Marijuana Opportunities ETF, a Canadian exchange-traded fund (ETF) focused on providing exposure to the global cannabis industry. It invests in a portfolio of companies involved in the production, distribution, and sale of cannabis and related products, aiming to capitalize on the growth potential of the marijuana market.
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Factors

Market Interest Rates: Rising rates make bonds less attractive, decreasing PMEI-UN.TO's value as bond prices fall.

Credit Spreads: Widening spreads reflect increased risk, lowering the price as investors demand higher yields.

Inflation Expectations: Higher inflation erodes bond values, pressuring PMEI-UN.TO's price downward.

Fund Flows: Outflows can force the fund to sell holdings, potentially driving down prices.

Economic Growth: Stronger growth may reduce demand for safe-haven assets like bonds, impacting the fund.

Geopolitical Events: Uncertainty can increase volatility and shift investor sentiment, affecting bond valuations.

Management Fees & Expenses: High fees detract from returns, indirectly impacting price attractiveness.

Supply and Demand: Increased selling pressure or reduced buying interest lowers the market price.

Liquidity: Low trading volume can lead to wider bid-ask spreads and price volatility.

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