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RPF

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

Analysis and statistics

  • Open
    23.7206$
  • Previous Close
    23.4358$
  • 52 Week Change
    --
  • Day Range
    0.28$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

RPF.TO represents the Purpose High Interest Savings ETF, a Canadian exchange-traded fund (ETF) designed to provide investors with high interest income while preserving capital. The fund primarily invests in high-interest deposit accounts with Canadian banks. As an ETF, it offers daily liquidity and aims to deliver a stable and competitive yield compared to traditional high-interest savings accounts. Investors should consult the fund's prospectus for complete details on investment strategy, risks, and fees.
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Factors

Interest Rates: Rising interest rates can decrease bond prices, lowering the ETF's net asset value.

Credit Spreads: Widening credit spreads, reflecting increased risk, can depress corporate bond values within the ETF.

Inflation Expectations: Higher inflation expectations often lead to higher yields and lower bond prices.

Economic Growth: Strong economic growth might lead to higher interest rates, negatively impacting bond values.

ETF Supply/Demand: Increased demand can drive the ETF's market price above its net asset value, and vice-versa.

Market Sentiment: Overall investor risk appetite can influence demand for bond ETFs like RPF.TO.

Redemptions/Creations: Large redemptions can force the ETF to sell bonds, potentially lowering prices.

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