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 $50.08 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: +0.12%, 1-year: +2.37%, 3-year annualised: +3.71%, 5-year annualised: +3.18%, 10-year annualised: +2.26%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is -0.07, 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 2.33%, 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 $3.10B 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 0.08% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of -0.07 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
2026-06-22	$50.08	$50.08	$50.07	$50.08	$50.08	81,245
2026-06-19	$50.08	$50.08	$50.07	$50.08	$50.08	63,812
2026-06-18	$50.06	$50.07	$50.06	$50.06	$50.06	94,180
2026-06-17	$50.06	$50.07	$50.06	$50.06	$50.06	64,920
2026-06-16	$50.06	$50.07	$50.06	$50.07	$50.07	129,335
2026-06-15	$50.05	$50.06	$50.05	$50.06	$50.06	121,445
2026-06-12	$50.05	$50.06	$50.05	$50.06	$50.06	50,516
2026-06-11	$50.05	$50.05	$50.04	$50.05	$50.05	123,053
2026-06-10	$50.04	$50.05	$50.04	$50.05	$50.05	76,109
2026-06-09	$50.04	$50.05	$50.04	$50.04	$50.04	63,345

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%

Purpose High Interest Savings Fund (PSA : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Purpose High Interest Savings Fund

ETF Details

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Frequently Asked Questions — PSA