Question 1

What is PSA?

Accepted Answer

PSA — Purpose High Interest Savings Fund — is a Canadian-listed ETF trading on the TSX. The purpose of this fund: Generate best-in-class yields and access your cash anytime.

Question 2

What is the PSA ETF price today?

Accepted Answer

PSA last traded at $50.05 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the PSA MER (management expense ratio)?

Accepted Answer

PSA 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%, PSA is considered a low-cost ETF.

Question 4

What are PSA annualised returns?

Accepted Answer

PSA historical returns: YTD: +0.05%, 1-year: +2.23%, 3-year annualised: +3.46%, 5-year annualised: +3.26%, 10-year annualised: +2.28%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is -0.54, which measures risk-adjusted return.

Question 5

Does PSA pay dividends or distributions?

Accepted Answer

Yes, PSA distributes income to unitholders. The current distribution yield is approximately 2.23%, 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 PSA invest in?

Accepted Answer

PSA's top holdings include null (null, 0.7%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar CAD O/N Cash GR CAD.

Question 7

What sectors does PSA invest in?

Accepted Answer

PSA's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is PSA? (Assets under management)

Accepted Answer

PSA has approximately $3.36B 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 PSA launched?

Accepted Answer

PSA was launched on October 15, 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 PSA in Canada?

Accepted Answer

PSA trades on the TSX under the ticker PSA. 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 PSA?

Accepted Answer

PSA has a 1-year volatility of 0.06% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of -0.54 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-09-10	$50.05	$50.05	$50.04	$50.05	$50.05	135,270
2026-09-09	$50.04	$50.05	$50.04	$50.04	$50.04	75,954
2026-09-08	$50.04	$50.04	$50.03	$50.03	$50.03	57,087
2026-09-04	$50.03	$50.04	$50.03	$50.03	$50.03	36,951
2026-09-03	$50.03	$50.03	$50.02	$50.03	$50.03	58,084
2026-09-02	$50.01	$50.02	$50.01	$50.02	$50.02	155,747
2026-09-01	$50.02	$50.02	$50.01	$50.02	$50.02	76,546
2026-08-31	$50.02	$50.02	$50.01	$50.02	$50.02	77,022
2026-08-28	$50.01	$50.02	$50.01	$50.01	$50.01	62,559
2026-08-27	$50.01	$50.01	$50.00	$50.00	$50.00	124,782

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

Ticker	Name	Price	1D
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

CIBC Investor's Edge

Purpose High Interest Savings Fund (PSA : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Purpose High Interest Savings Fund

ETF Details

7 stocks to buy and hold forever

Compare PSA

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Compare PSA vs Similar ETFs

Frequently Asked Questions — PSA

What is PSA?

What is the PSA ETF price today?

What is the PSA MER (management expense ratio)?

What are PSA annualised returns?

Does PSA pay dividends or distributions?

What does PSA invest in?

What sectors does PSA invest in?

How large is PSA? (Assets under management)

When was PSA launched?

How do I buy PSA in Canada?

How risky is PSA?

Recent ETF movers

PSA.TO news timeline

Purpose High Interest Savings Fund (PSA.TO) went ex-dividend — CA$0.0866

August 2026

July 2026

February 2026

July 2024

Period	Return
YTD	+0.05%
1 Year	+2.23%
3 Year (Ann.)	+3.46%
5 Year (Ann.)	+3.26%
10 Year (Ann.)	+2.28%
1Y Volatility	0.06%
Sharpe Ratio (3Y)	-0.54