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Preferred Sh Fixed Income
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2018
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|
Close (04-04-2025) |
$22.41 |
|---|---|
| Change |
-$0.58
(-2.52%)
|
| Open | $22.64 |
|---|---|
| Day Range | $22.57 - $22.79 |
| Volume | 1,336 |
As at February 28, 2025
As at December 31, 2024
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Inception Return (March 15, 2017): 4.40%
| 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 | 0.02% | 4.09% | 7.16% | 1.89% | 19.40% | 14.10% | 4.50% | 6.56% | 10.48% | 7.53% | 4.20% | - | - | - |
| Benchmark | 0.45% | 5.37% | 6.80% | 2.71% | 20.90% | 12.99% | 4.37% | 5.54% | 7.81% | 6.20% | 4.21% | 4.69% | 7.32% | 3.79% |
| Category Average | 0.46% | 6.83% | 6.83% | 2.51% | 18.54% | 11.85% | 4.24% | 5.32% | 7.57% | 6.04% | 4.06% | 4.42% | 6.93% | 3.97% |
| Category Rank | 58 / 65 | 51 / 65 | 35 / 63 | 59 / 65 | 37 / 63 | 23 / 63 | 44 / 63 | 25 / 63 | 8 / 58 | 15 / 55 | 28 / 49 | - | - | - |
| Quartile Ranking | 4 | 4 | 3 | 4 | 3 | 2 | 3 | 2 | 1 | 2 | 3 | - | - | - |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.42% | 2.40% | 1.75% | 0.29% | 1.26% | 1.83% | 0.30% | -0.04% | 2.67% | 2.16% | 1.87% | 0.02% |
| Benchmark | 3.47% | 1.22% | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% | -1.38% | 2.29% | 2.59% | 2.25% | 0.45% |
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 | 63.95 |
| Cash and Equivalents | 27.68 |
| Canadian Corporate Bonds | 3.16 |
| International Equity | 1.63 |
| Canadian Government Bonds | 1.55 |
| Other | 2.03 |
| Name | Percent |
|---|---|
| Financial Services | 27.83 |
| Cash and Cash Equivalent | 27.68 |
| Energy | 20.50 |
| Utilities | 15.77 |
| Fixed Income | 5.01 |
| Other | 3.21 |
| Name | Percent |
|---|---|
| North America | 98.40 |
| Latin America | 1.63 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 5.09 |
| Canadian Treasury Bill | 4.45 |
| Canada Government 15-Jan-2025 | 3.76 |
| Canada Government 30-Jan-2025 | 3.65 |
| Canada Government 09-Apr-2025 | 3.38 |
| Toronto-Dominion Bank - Pfd Cl A Sr 1 | 3.00 |
| Canada Government 03-Jan-2025 | 2.98 |
| TransAlta Corp - Pfd Sr E | 2.97 |
| Cenovus Energy Inc - Pfd Sr 1 | 2.79 |
| Brookfield Corp - Pfd | 2.19 |
Purpose Canadian Preferred Share Fund - ETF Units
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 12.36% | 16.75% | - |
|---|---|---|---|
| Beta | 0.98% | 1.07% | - |
| Alpha | 0.00% | 0.02% | - |
| Rsquared | 0.95% | 0.95% | - |
| Sharpe | 0.11% | 0.54% | - |
| Sortino | 0.25% | 0.69% | - |
| Treynor | 0.01% | 0.09% | - |
| Tax Efficiency | 48.16% | 78.14% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.92% | 12.36% | 16.75% | - |
| Beta | 0.65% | 0.98% | 1.07% | - |
| Alpha | 0.05% | 0.00% | 0.02% | - |
| Rsquared | 0.70% | 0.95% | 0.95% | - |
| Sharpe | 3.53% | 0.11% | 0.54% | - |
| Sortino | 40.48% | 0.25% | 0.69% | - |
| Treynor | 0.21% | 0.01% | 0.09% | - |
| Tax Efficiency | 88.44% | 48.16% | 78.14% | - |
| 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% |
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