Question 1

What is PIN?

Accepted Answer

PIN — Purpose Monthly Income Fund Series ETF — is a Canadian-listed ETF trading on the TSX. The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) provide shareholders with stable monthly distributions.

Question 2

What is the PIN ETF price today?

Accepted Answer

PIN last traded at $20.23 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the PIN MER (management expense ratio)?

Accepted Answer

PIN has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, PIN is considered a low-cost ETF.

Question 4

What are PIN annualised returns?

Accepted Answer

PIN historical returns: YTD: +7.09%, 1-year: +17.36%, 3-year annualised: +11.64%, 5-year annualised: +7.52%, 10-year annualised: +5.84%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.27, which measures risk-adjusted return.

Question 5

Does PIN pay dividends or distributions?

Accepted Answer

Yes, PIN distributes income to unitholders. The current distribution yield is approximately 4.97%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does PIN invest in?

Accepted Answer

PIN's top holdings include iShares iBoxx $ High Yield Corporate Bond ETF (HYG, 22.9%), iShares Treasury ETF (IGB, 14.6%), Purpose International Dividend Fund Series ETF (PID, 7.4%), Purpose Cash Management Fund ETF Units (MNY, 5.0%), BMO Mid Corporate Bond Index ETF (ZCM, 2.3%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Neu Gbl Tgt Alloc NR CAD.

Question 7

What sectors does PIN invest in?

Accepted Answer

PIN's largest sector exposures are Financial Services (26.7%), Energy (16.1%), Basic Materials (14.7%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is PIN? (Assets under management)

Accepted Answer

PIN has approximately $8M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was PIN launched?

Accepted Answer

PIN was launched on September 6, 2013, giving it a 13-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy PIN in Canada?

Accepted Answer

PIN trades on the TSX under the ticker PIN. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is PIN?

Accepted Answer

PIN has a 1-year volatility of 5.92% and a beta of 0.76 (less volatile than the broad market). Its 3-year Sharpe ratio of 1.27 indicates solid risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-31	$20.23	$20.23	$20.23	$20.23	$20.23	0
2026-07-30	$20.15	$20.15	$20.15	$20.15	$20.15	0
2026-07-29	$20.32	$20.32	$20.32	$20.32	$20.32	0
2026-07-28	$20.26	$20.26	$20.26	$20.26	$20.26	0
2026-07-27	$20.25	$20.25	$20.25	$20.25	$20.25	0
2026-07-23	$20.22	$20.22	$20.22	$20.22	$20.22	100
2026-07-22	$20.16	$20.16	$20.16	$20.16	$20.16	6,182
2026-07-21	$20.19	$20.19	$20.19	$20.19	$20.19	1,001
2026-07-20	$20.19	$20.19	$20.19	$20.19	$20.19	0
2026-07-17	$20.18	$20.18	$20.18	$20.18	$20.18	0

#	Ticker	Name	Weight
1	HYG	iShares iBoxx $ High Yield Corporate Bond ETF	22.87%
2	IGB	iShares Treasury ETF	14.58%
3	PID	Purpose International Dividend Fund Series ETF	7.39%
4	MNY	Purpose Cash Management Fund ETF Units	5.05%
5	ZCM	BMO Mid Corporate Bond Index ETF	2.35%
6	REM	Purpose Emerging Markets Dividend Fund ETF	2.04%
7	PYF	Purpose Premium Yield Fund Series ETF	1.93%
8	TD	Toronto Dominion Bank	1.47%
9	KILO-B	Purpose Gold Bullion Fund	1.33%
10	CM	Canadian Imperial Bank Of Commerce	1.19%

Sector	Weight
Financial Services	26.65%
Energy	16.14%
Basic Materials	14.72%
Utilities	6.86%
Consumer Cyclicals	6.31%
Consumer Defensive	6.29%
Healthcare	6.22%
Industrials	5.22%
Real Estate	4.80%
Technology	4.13%
Communication Services	2.65%

Ticker	Name	Price	1D
AMZU		$28.46	+30.19%
AMHE-U	Harvest Amazon Enhanced High Income Shares ETF	$14.27	+16.68%
COID		$8.24	+16.38%
AMHE	Harvest Amazon Enhanced High Income Shares ETF - Class A Units	$14.70	+14.84%
ALPU		$19.24	+13.51%
AMZH-U	Harvest Amazon High Income Shares ETF	$13.87	+13.13%
MSFH-U	Harvest Microsoft Enhanced High Income Shares ETF	$9.48	+12.46%
PINV	Purpose Global Innovators Fund ETF	$31.26	+12.08%

Purpose Monthly Income Fund Series ETF (PIN : TSX)

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Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Purpose Monthly Income Fund Series ETF

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Frequently Asked Questions — PIN