Try Fund Library Premium
For Free with a 30 day trial!
Preferred Sh Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
2018
Click for more information on Fundata’s FundGrade
|
Close (04-21-2025) |
$22.02 |
|---|---|
| Change |
-$0.18
(-0.81%)
|
| Open | $21.95 |
|---|---|
| Day Range | $21.95 - $21.95 |
| Volume | 100 |
As at March 31, 2025
As at March 31, 2025
Inception Return (March 15, 2017): 4.33%
| 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 | -0.19% | 1.69% | 6.62% | 1.69% | 15.22% | 17.10% | 4.39% | 5.85% | 16.09% | 7.83% | 4.41% | 4.35% | - | - |
| Benchmark | -0.12% | 2.59% | 6.17% | 2.59% | 16.70% | 15.10% | 4.42% | 5.03% | 12.74% | 6.26% | 4.29% | 4.44% | 6.25% | 3.83% |
| Category Average | -0.53% | 5.37% | 5.37% | 1.96% | 14.30% | 14.03% | 4.16% | 4.66% | 12.24% | 6.01% | 4.10% | 4.12% | 5.97% | 3.95% |
| Category Rank | 14 / 65 | 52 / 65 | 20 / 65 | 52 / 65 | 42 / 63 | 14 / 63 | 43 / 63 | 24 / 63 | 6 / 58 | 13 / 55 | 27 / 49 | 29 / 47 | - | - |
| Quartile Ranking | 1 | 4 | 2 | 4 | 3 | 1 | 3 | 2 | 1 | 1 | 3 | 3 | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.40% | 1.75% | 0.29% | 1.26% | 1.83% | 0.30% | -0.04% | 2.67% | 2.16% | 1.87% | 0.02% | -0.19% |
| Benchmark | 1.22% | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% | -1.38% | 2.29% | 2.59% | 2.25% | 0.45% | -0.12% |
10.99% (April 2020)
-22.09% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | -13.67% | 0.96% | 5.99% | 30.88% | -19.68% | 8.83% | 25.35% |
| Benchmark | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% | 24.70% |
| Category Average | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% | 21.47% |
| Quartile Ranking | - | - | - | 4 | 4 | 2 | 1 | 4 | 1 | 2 |
| Category Rank | - | - | - | 48/ 49 | 45/ 53 | 24/ 58 | 3/ 63 | 56/ 63 | 3/ 63 | 26/ 63 |
30.88% (2021)
-19.68% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 79.59 |
| Cash and Equivalents | 9.36 |
| Canadian Corporate Bonds | 4.17 |
| Canadian Government Bonds | 2.10 |
| International Equity | 1.99 |
| Other | 2.79 |
| Name | Percent |
|---|---|
| Financial Services | 33.13 |
| Energy | 26.16 |
| Utilities | 20.17 |
| Cash and Cash Equivalent | 9.36 |
| Fixed Income | 7.48 |
| Other | 3.70 |
| Name | Percent |
|---|---|
| North America | 97.97 |
| Latin America | 1.99 |
| Other | 0.04 |
| Name | Percent |
|---|---|
| Cenovus Energy Inc - Pfd Sr 1 | 4.05 |
| Toronto-Dominion Bank - Pfd Cl A Sr 1 | 3.88 |
| TransAlta Corp - Pfd Sr E | 3.65 |
| Cash and Cash Equivalents | 3.53 |
| Canada Government 04-Jun-2025 | 3.50 |
| Brookfield Corp - Pfd | 2.71 |
| AltaGas Ltd - Pfd Sr G | 2.68 |
| Pembina Pipeline Corp - Pfd Cl A Sr 3 | 2.66 |
| Royal Bank of Canada 4.20% PERP | 2.51 |
| Royal Bank of Canada - Pfd Sr BF | 2.44 |
Purpose Canadian Preferred Share Fund - ETF Units
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 12.36% | 13.08% | - |
|---|---|---|---|
| Beta | 0.98% | 1.04% | - |
| Alpha | 0.00% | 0.03% | - |
| Rsquared | 0.95% | 0.91% | - |
| Sharpe | 0.10% | 1.03% | - |
| Sortino | 0.24% | 1.82% | - |
| Treynor | 0.01% | 0.13% | - |
| Tax Efficiency | 46.57% | 84.35% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.64% | 12.36% | 13.08% | - |
| Beta | 0.62% | 0.98% | 1.04% | - |
| Alpha | 0.05% | 0.00% | 0.03% | - |
| Rsquared | 0.68% | 0.95% | 0.91% | - |
| Sharpe | 2.86% | 0.10% | 1.03% | - |
| Sortino | 19.59% | 0.24% | 1.82% | - |
| Treynor | 0.17% | 0.01% | 0.13% | - |
| Tax Efficiency | 85.69% | 46.57% | 84.35% | - |
| Start Date | March 15, 2017 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $23.37 |
| 52 Week Low | $20.87 |
| Annual Dividend | $1.14 |
| 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 fund seeks to provide a consistent stream of income with potential for capital appreciation by investing in Canadian income producing securities and Canadian equities.
The fund will invest in Canadian preferred securities, with a focus on preferred securities; dividend paying Canadian equities; income and royalty trusts; ETFs; and fixed-income investments, with a view to consistent interest or distribution payments. Investments in floating rate preferred securities will be of Canadian issuers whose debt, at a minimum, has an investment grade rating at the time of purchase.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Purpose Investment Partners Inc. |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| MER | 0.90% |
|---|---|
| Management Fee | 0.75% |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
