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Purpose Canadian Financial Income Fund Series ETF (BNC.TO) ETF Analysis

BNC.TO

Expense ratio 0.72% Yield 3.5% Assets CA$13.75M Since October 25, 2016 Family Purpose Investments Inc.

Last Updated: October 20, 2026

CA$42.53

+CA$0.22 (+0.52%)

October 20, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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BNC.TO Annualized Returns

With dividends reinvested · as of October 20, 2026

Period	Total return	Annualized	CA$100 becomes	CA$300 becomes
1 year	+39.77%	+39.77%	CA$139.77	CA$419.30
3 years	+133.55%	+32.68%	CA$233.55	CA$700.65
5 years	+118.98%	+16.97%	CA$218.98	CA$656.93
Since November 23, 2016	+230.28%	+12.82%	CA$330.28	CA$990.84

Returns are total returns computed from daily closes, with dividends reinvested. As of October 20, 2026.

BNC.TO Return by Calendar Year

2016 and 2026 are partial years

−8.38%+30.80%+26.23%

2016*2017201820192020202120222023202420252026*

View as table ↓View as chart ↑

Year	Return
2026 (partial year)	+26.23%
2025	+30.80%
2024	+23.19%
2023	+10.57%
2022	−7.99%
2021	+29.76%
2020	+0.55%
2019	+17.66%
2018	−8.38%
2017	+9.11%
2016 (partial year)	+4.01%

BNC.TO Monthly Returns

−21%+16%

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2026	−1.3	+4.1	−3.8	+11.2	+4.0	+10.6	+1.4	−2.5	−0.0	+1.0	—	—
2025	+1.0	−1.3	−1.2	+1.0	+5.4	+2.8	−0.2	+4.9	+4.0	+3.3	+3.6	+4.3
2024	+0.1	+0.2	+4.0	−2.9	+1.2	−1.4	+4.8	+4.0	+5.2	−0.2	+8.1	−1.4
2023	+6.2	+1.8	−5.4	+3.5	−4.0	+3.0	+3.5	−4.8	−1.9	−5.1	+6.9	+7.8
2022	+4.1	+0.3	−1.9	−5.7	−3.0	−4.9	+1.6	−0.6	−2.9	+4.5	+4.3	−3.4
2021	+3.3	+5.5	+5.0	+0.9	+5.9	−0.4	−0.2	+1.9	−0.3	+3.6	−1.1	+2.5
2020	+0.9	−6.5	−20.9	+1.0	+7.0	+4.5	−0.3	+7.1	−3.5	+0.4	+15.5	−0.2
2019	+4.6	+2.3	−0.4	+5.7	−4.0	+0.3	+0.9	−3.0	+7.4	+1.3	+3.3	−1.4
2018	+1.8	−2.3	−3.8	+1.5	+0.2	+1.2	+1.0	+1.6	+0.4	−8.1	+2.7	−4.4
2017	+2.4	−0.8	−1.5	+1.2	−3.7	+1.8	+0.3	−0.4	+2.7	+5.2	+0.7	+1.0

Monthly total returns with dividends reinvested; each cell prints its signed value.

BNC.TO Volatility & Risk

Volatility: 9 yrs · Beta: 3 yrs

Annualized volatility: 15.74%
Beta (3y): 0.87
Best year: +30.80%
Worst year: −8.38%

Volatility is the annualized standard deviation of daily returns. As of October 20, 2026.

Top Holdings

#	Symbol	Name	Weight
1	BNS.TO	Bank of Nova Scotia	12.27%
2	TD	The Toronto-Dominion Bank	11.57%
3	BMO.TO	Bank of Montreal	11.16%
4	CM.TO	Canadian Imperial Bank of Commerce	11.11%
5	RY	Royal Bank of Canada	11.11%
6	NA.TO	National Bank of Canada	10.47%
7	MFC.TO	Manulife Financial Corp	7.87%
8	IAG.TO	iA Financial Corp Inc	7.57%
9	GWO.TO	Great-West Lifeco Inc	7.46%
10	SLF.TO	Sun Life Financial Inc	7.45%

Analysis

Data-derived

Fund Overview

Purpose Canadian Financial Income Fund Series ETF (BNC.TO) is an exchange-traded fund. Purpose Investments Inc. is the fund family on file. The inception date on file is October 25, 2016. Total net assets stand at CA$13.75M. Annual costs run at an expense ratio of 0.72%. On a CA$10,000 position that is CA$72.00 a year.

Its biggest positions are Bank of Nova Scotia (BNS.TO), The Toronto-Dominion Bank (TD), and Bank of Montreal (BMO.TO). Bank of Nova Scotia alone accounts for 12.27% of the portfolio. The ten largest positions together make up 98.04% of the fund.

Performance Analysis

The most recent close on file for BNC.TO is CA$42.53, dated October 20, 2026. The trailing one-year total return is +39.77%. Across 5 years the annualized return works out at +16.97%. The fund distributes at a trailing yield of 3.5%.

Across the complete calendar years on file, 2025 returned +30.80% and 2018 returned −8.38%. Of the 9 complete calendar years on file, 7 finished higher. 2026 is still running; the total return is +26.23% year to date.

Price & Risk Profile

Annualized volatility over the trailing 9 years is 15.74%. The reported beta is 0.87. Over the past 52 weeks the price has ranged from CA$31.83 to CA$44.20. The latest close sits 33.62% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 20, 2026.

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