Purpose High Interest Savings Fund (TSE:PSA – Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as C$50.00 and last traded at C$50.01, with a volume of 114934 shares changing hands. The stock had previously closed at C$50.08.
Purpose High Interest Savings Fund Price Performance
The company’s fifty day moving average price is C$50.05 and its 200-day moving average price is C$50.05.
About Purpose High Interest Savings Fund
Purpose High Interest Savings ETF (the Fund) seeks to maximize monthly income while preserving capital and liquidity by investing in high interest deposit accounts The Funds investment strategy is to invest substantially all of the assets of the Fund in high interest deposit accounts with one or more chartered banks and/or credit unions. During the period ended June 30, 2021 the portfolio was invested in cash accounts and term deposits diversified between seven Canadian financial institutions.
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