Since pioneering the first HISA ETF in 2013, we've been global leaders in providing secure and liquid yield options for your cash. Explore some of the best rates in Canada on your safest assets.
Choose from a selection of cash funds to meet your unique needs, and feel confident that your money is being managed with care.
Purpose High Interest Savings Fund
Access competitive yields and daily liquidity with the world’s first HISA ETF.
Purpose Premium Money Market Fund
Maximize your cash's potential with our tax-efficient fund, offering premium interest.
Purpose Cash Management Fund
Safeguard your cash in a secure, liquid investment while you await market opportunities.
Purpose US Cash Fund
Benefit from our USD version of PSA to get strong yields and daily liquidity.
Purpose USD Cash Management Fund
Take advantage of our USD version of MNY for a safe, liquid cash management solution.
*This is an annualized historical yield based on the 7-day period that ended the prior week (annualized in the case of effective yield by compounding the 7-day return) and does not represent an actual one-year return.
If you’re looking for low-risk ways to grow your savings, our cash suite was designed to benefit investors seeking to:
Safeguard cash
Prioritize capital preservation with low-risk, short-term fixed-income instruments that offer stability and protect your principal investment.
Benefit from no lock-up period or hidden fees
With no lock-up periods and a transparent fee structure, you have unrestricted access to your money whenever you need it.
Enjoy daily Liquidity
Easily buy and sell shares to quickly get access to your cash to use it or capitalize on opportunities elsewhere in the market.
Learn about the cash opportunity from Purpose CEO, Som Seif, and CIO, Greg Taylor.
Discover how Purpose cash funds can enhance your portfolio with competitive yields and daily liquidity.
High interest savings anytime you need it.
Competitive yield for a cash deposit product via preferred rates.
Enjoy minimal risk with stable, consistent income.
Earn a premium USD interest rate, calculated daily and paid monthly.
Enjoy low minimum balances and no lock-up periods for flexible access to your funds.
Benefit from daily liquidity and secure deposits invested with Schedule 1 Canadian banks.
Enjoy monthly tax-efficient distributions, alongside a premium interest rate calculated daily.
Benefit from low minimum balances, no lock-up periods, and daily liquidity.
Feel confident with your deposits securely invested with Schedule 1 Canadian banks.
A secure and liquid option for your cash reserves.
Invest in a high-quality portfolio of money market securities with attractive yields.
Benefit from active management that adapts to economic changes for competitive returns.
A secure and flexible option to hold your U.S. dollars short-term.
Invest in a high-quality portfolio of USD money market securities with daily liquidity and attractive yields.
Benefit from an actively managed fund with no hidden fees, minimum balance or lock-up periods that adapts to market shifts for competitive returns.
Separately managed accounts are custom portfolios managed just for you. They’re designed to match your financial goals and comfort with risk, giving you direct ownership of securities, clear insight into what you're invested in, and possible tax advantages, offering you a customized investment experience.
Explore our expert insights and relevant updates in the cash space to help you approach this asset class and use cash in your portfolios effectively.
Thoughts and Positioning SMA Commentary
Separately Managed Accounts (SMAs) are models available at a select number of wealth firms in Canada. The end client holds the securities directly in their account with complete transparency of holdings and sees all transactions.
Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Fund distribution levels and frequencies are not guaranteed and may vary at the Purpose Investment’s sole discretion.
Investment fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer.