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Real Estate Equity
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|
Close (05-08-2024) |
$18.21 |
|---|---|
| Change |
$0.00
(0.00%)
|
| Open | - |
|---|---|
| Day Range | - - - |
| Volume | 0 |
As at April 30, 2024
As at April 30, 2024
As at February 29, 2024
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Inception Return (April 29, 2014): 3.22%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | -6.53% | -5.70% | 9.03% | -5.33% | -4.77% | -9.96% | -1.78% | 4.18% | 1.21% | 3.80% | 2.47% | 2.85% | 2.44% | 3.20% |
| Benchmark | -4.98% | -1.17% | 11.32% | -4.92% | 1.47% | -4.29% | 0.20% | 4.73% | 0.40% | 2.73% | 1.90% | 2.96% | 3.55% | 5.34% |
| Category Average | -5.72% | 9.52% | 9.52% | -4.98% | -2.46% | -7.35% | -2.32% | 2.64% | 0.18% | 2.11% | 1.88% | 2.68% | 2.64% | 4.08% |
| Category Rank | 115 / 135 | 123 / 135 | 99 / 135 | 93 / 135 | 112 / 130 | 121 / 128 | 63 / 120 | 19 / 114 | 33 / 112 | 17 / 96 | 46 / 92 | 48 / 90 | 59 / 79 | 66 / 75 |
| Quartile Ranking | 4 | 4 | 3 | 3 | 4 | 4 | 3 | 1 | 2 | 1 | 2 | 3 | 3 | 4 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.92% | 1.31% | 0.45% | -2.84% | -4.82% | -4.40% | 6.88% | 7.77% | 0.38% | 0.39% | 0.50% | -6.53% |
| Benchmark | -3.76% | 0.71% | 3.22% | -0.62% | -6.39% | -2.07% | 8.53% | 7.88% | -3.79% | 1.17% | 2.80% | -4.98% |
9.36% (January 2023)
-20.59% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | -5.01% | 14.08% | -2.83% | 1.15% | 23.50% | -7.93% | 37.78% | -21.12% | 3.59% |
| Benchmark | 30.89% | 21.00% | 1.59% | 1.40% | 2.74% | 15.42% | -11.04% | 30.68% | -19.44% | 10.39% |
| Category Average | 20.48% | 11.96% | 1.20% | 5.38% | 0.16% | 19.52% | -6.93% | 27.77% | -21.53% | 6.48% |
| Quartile Ranking | - | 4 | 1 | 4 | 3 | 1 | 4 | 1 | 2 | 4 |
| Category Rank | - | 73/ 77 | 8/ 90 | 89/ 91 | 49/ 96 | 11/ 104 | 86/ 114 | 1/ 120 | 32/ 120 | 111/ 130 |
37.78% (2021)
-21.12% (2022)
| Name | Percent |
|---|---|
| Income Trust Units | 58.23 |
| US Equity | 25.36 |
| Canadian Equity | 12.64 |
| Cash and Equivalents | 3.44 |
| Other | 0.33 |
| Name | Percent |
|---|---|
| Real Estate | 84.42 |
| Healthcare | 7.85 |
| Cash and Cash Equivalent | 2.72 |
| Industrial Services | 0.86 |
| Exchange Traded Fund | 0.72 |
| Other | 3.43 |
| Name | Percent |
|---|---|
| North America | 99.66 |
| Multi-National | 0.34 |
| Name | Percent |
|---|---|
| Flagship Communities REIT - Units | 5.91 |
| InterRent REIT - Units | 5.34 |
| Chartwell Retirement Residences - Units | 4.60 |
| Killam Apartment REIT - Units Cl A | 4.52 |
| Dream Industrial REIT - Units | 3.92 |
| Granite REIT - Units | 3.84 |
| BSR REIT - Units | 3.77 |
| Canadian Apartment Properties REIT - Units | 3.50 |
| Nexus Industrial REIT - Units | 3.39 |
| Boardwalk REIT - Units | 3.35 |
Purpose Real Estate Income Fund - ETF Share
Median
Other - Real Estate Equity
| Standard Deviation | 16.79% | 17.32% | 14.35% |
|---|---|---|---|
| Beta | 0.93% | 0.95% | 0.81% |
| Alpha | -0.02% | 0.01% | -0.01% |
| Rsquared | 0.86% | 0.88% | 0.75% |
| Sharpe | -0.19% | 0.04% | 0.19% |
| Sortino | -0.28% | -0.02% | 0.11% |
| Treynor | -0.03% | 0.01% | 0.03% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 15.16% | 16.79% | 17.32% | 14.35% |
| Beta | 0.82% | 0.93% | 0.95% | 0.81% |
| Alpha | -0.06% | -0.02% | 0.01% | -0.01% |
| Rsquared | 0.82% | 0.86% | 0.88% | 0.75% |
| Sharpe | -0.57% | -0.19% | 0.04% | 0.19% |
| Sortino | -0.64% | -0.28% | -0.02% | 0.11% |
| Treynor | -0.10% | -0.03% | 0.01% | 0.03% |
| Tax Efficiency | - | - | - | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | April 29, 2014 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | - |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $19.62 |
| 52 Week Low | $16.16 |
| Annual Dividend | $0.86 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
The Purpose Duration Hedged Real Estate Fund seeks to (i) provide shareholders with long-term capital appreciation by investing in a portfolio of real estate focused equity securities listed on major North American exchanges and (ii) reduce the risk of rising interest rates associated with real estate equity securities by tactically hedging the duration of the portfolio.
The Fund uses a multi-factor, fundamental rules-based portfolio selection strategy to select securities from a universe of North American listed equity securities in the real estate sector. The selection strategy will emphasize factors that have shown to be effective at differentiating between strong and weak performing real estate companies including: fundamental change, valuation, growth and quality.
| Name | Start Date |
|---|---|
| Neuberger Berman Breton Hill ULC | 04-29-2014 |
| Purpose Investments Inc. | 04-29-2014 |
| Fund Manager | Purpose Investments Inc. |
|---|---|
| Advisor | Purpose Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | TSX Trust Company |
| Distributor | - |
| Auditor | Ernst & Young LLP, Chartered Accountants |
| MER | 0.98% |
|---|---|
| Management Fee | 0.65% |
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