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Alternative Credit Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
Close (04-17-2026) |
$20.09 |
|---|---|
| Change |
$0.09
(0.45%)
|
| Open | $20.02 |
|---|---|
| Day Range | $20.02 - $20.09 |
| Volume | 1,000 |
As at March 31, 2026
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Inception Return (February 04, 2026): -0.09%
| 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 | -0.43% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Benchmark | -1.99% | 0.30% | -0.05% | 0.30% | 0.71% | 4.07% | 3.35% | 1.94% | 0.69% | 0.78% | 1.31% | 1.78% | 1.77% | 1.72% |
| Category Average | -0.70% | 1.21% | 1.21% | 0.49% | 4.86% | 5.92% | 6.24% | 4.66% | 3.61% | 5.64% | - | - | - | - |
| Category Rank | 41 / 147 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - | - | -0.43% |
| Benchmark | -0.77% | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% |
0.34% (February 2026)
-0.43% (March 2026)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
-
-
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | - | - | - | - |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | - | - | - | - |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | February 04, 2026 |
|---|---|
| Instrument Type | Exchange Traded Fund (Alternative) |
| Share Class | Do-It-Yourself |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $9 |
| 52 Week High | $20.06 |
| 52 Week Low | $19.75 |
| Annual Dividend | $0.16 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | - |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
The fund seeks to maximize total returns for shareholders, consisting of both distributions and capital appreciation. The fund obtains exposure, directly and/or indirectly, primarily to debt and equity securities of non-investment grade rated, publicly traded issuers. The aggregate gross exposure of the fund shall not exceed the limits on the use of leverage described below under Investment strategies or as otherwise permitted under applicable securities legislation.
To achieve its investment objectives, the fund obtains exposure, directly and/or indirectly, primarily to debt and equity securities of non-investment grade rated, publicly traded issuers, using the investment strategies described below. The fund uses corporate credit investment and leveraged company strategies designed to maximize risk- adjusted returns and preserve capital in each phase of the credit cycle. Over the course of a credit cycle, the goal is to generate returns commensurate with th
| Portfolio Manager |
Purpose Investments Inc.
|
|---|---|
| Sub-Advisor |
Purpose Investment Partners Inc.
|
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Trust Company |
| Distributor |
- |
| MER | - |
|---|---|
| Management Fee | - |
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