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Preferred Sh Fixed Income
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2018
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|
Close (05-28-2025) |
$23.14 |
|---|---|
| Change |
$0.05
(0.22%)
|
| Open | - |
|---|---|
| Day Range | - - - |
| Volume | 70 |
As at April 30, 2025
As at March 31, 2025
Inception Return (March 15, 2017): 3.89%
| 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 | -3.01% | -3.18% | 3.46% | -1.36% | 9.14% | 15.21% | 5.96% | 4.36% | 13.00% | 7.20% | 4.05% | 4.02% | - | - |
| Benchmark | -3.12% | -2.80% | 4.30% | -0.61% | 11.70% | 13.14% | 5.87% | 3.67% | 9.40% | 5.66% | 3.88% | 4.03% | 5.53% | 3.54% |
| Category Average | -2.87% | 2.98% | 2.98% | -0.96% | 9.98% | 12.23% | 5.45% | 3.38% | 9.18% | 5.42% | 3.74% | 3.72% | 5.33% | 3.66% |
| Category Rank | 19 / 65 | 27 / 65 | 34 / 65 | 45 / 65 | 51 / 63 | 10 / 63 | 39 / 63 | 26 / 63 | 4 / 58 | 13 / 57 | 25 / 49 | 24 / 47 | - | - |
| Quartile Ranking | 2 | 2 | 3 | 3 | 4 | 1 | 3 | 2 | 1 | 1 | 3 | 3 | - | - |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.75% | 0.29% | 1.26% | 1.83% | 0.30% | -0.04% | 2.67% | 2.16% | 1.87% | 0.02% | -0.19% | -3.01% |
| Benchmark | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% | -1.38% | 2.29% | 2.59% | 2.25% | 0.45% | -0.12% | -3.12% |
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 | 11.68% | 12.46% | - |
|---|---|---|---|
| Beta | 0.97% | 1.09% | - |
| Alpha | 0.00% | 0.03% | - |
| Rsquared | 0.94% | 0.91% | - |
| Sharpe | 0.22% | 0.85% | - |
| Sortino | 0.45% | 1.39% | - |
| Treynor | 0.03% | 0.10% | - |
| Tax Efficiency | 62.29% | 81.40% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.32% | 11.68% | 12.46% | - |
| Beta | 0.76% | 0.97% | 1.09% | - |
| Alpha | 0.00% | 0.00% | 0.03% | - |
| Rsquared | 0.88% | 0.94% | 0.91% | - |
| Sharpe | 0.98% | 0.22% | 0.85% | - |
| Sortino | 1.79% | 0.45% | 1.39% | - |
| Treynor | 0.07% | 0.03% | 0.10% | - |
| Tax Efficiency | 76.85% | 62.29% | 81.40% | - |
| 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 | $1.24 |
| 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 | 0.93% |
|---|---|
| Management Fee | 0.75% |
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