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Purpose High Interest Savings Fund (TSE:PSA) Sets New 12-Month Low - What's Next?

Written by MarketBeat
September 25, 2025
Purpose High Interest Savings Fund logo with Finance background

Key Points

  • The Purpose High Interest Savings Fund (TSE:PSA) reached a new 12-month low of C$50.00 during trading, closing slightly higher at C$50.01 with a trading volume of 106,031 shares.
  • The fund recently cut its dividend, announcing a monthly payment of $0.1023 per share, which results in an annualized yield of 2.5%.
  • Purpose High Interest Savings Fund primarily invests in high interest deposit accounts to maximize monthly income while preserving capital and liquidity.
  • Five stocks to consider instead of Purpose High Interest Savings Fund.

Shares of Purpose High Interest Savings Fund (TSE:PSA - Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$50.00 and last traded at C$50.01, with a volume of 106031 shares trading hands. The stock had previously closed at C$49.99.

Purpose High Interest Savings Fund Stock Performance

The firm's 50-day moving average is C$50.06 and its 200-day moving average is C$50.06.

Purpose High Interest Savings Fund Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, October 2nd will be given a dividend of $0.1023 per share. The ex-dividend date is Thursday, September 25th. This represents a c) annualized dividend and a dividend yield of 2.5%.

About Purpose High Interest Savings Fund

(Get Free Report)

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.

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