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Tactical Balanced
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2021, 2020
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|
Close (12-20-2024) |
$30.98 |
|---|---|
| Change |
$0.15
(0.49%)
|
| Open | $30.92 |
|---|---|
| Day Range | $30.92 - $31.06 |
| Volume | 24,023 |
As at November 30, 2024
As at November 30, 2024
As at July 31, 2024
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Inception Return (May 24, 2017): 6.46%
| 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 | 2.80% | 5.00% | 7.54% | 12.35% | 14.97% | 8.39% | 4.39% | 6.01% | 7.15% | 7.92% | 6.77% | - | - | - |
| Benchmark | 2.87% | 5.40% | 10.72% | 17.28% | 19.68% | 13.41% | 5.30% | 5.73% | 6.56% | 7.36% | 6.49% | 7.10% | 6.83% | 7.51% |
| Category Average | 2.97% | 8.65% | 8.65% | 13.75% | 17.28% | 9.67% | 4.43% | 5.48% | 5.29% | 5.81% | 4.53% | 4.91% | 4.78% | 4.33% |
| Category Rank | 220 / 343 | 192 / 343 | 257 / 341 | 244 / 338 | 250 / 338 | 227 / 336 | 185 / 331 | 143 / 314 | 76 / 312 | 66 / 290 | 56 / 273 | - | - | - |
| Quartile Ranking | 3 | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 1 | 1 | 1 | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.32% | 0.38% | 1.98% | 2.69% | -1.77% | 1.17% | 1.38% | 3.11% | -2.02% | 0.72% | 1.40% | 2.80% |
| Benchmark | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% |
6.85% (April 2020)
-5.16% (June 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | -1.32% | 13.61% | 13.45% | 10.50% | -7.82% | 9.12% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 6.78% | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% |
| Quartile Ranking | - | - | - | - | 1 | 2 | 1 | 3 | 2 | 2 |
| Category Rank | - | - | - | - | 47/ 273 | 132/ 291 | 14/ 312 | 174/ 314 | 93/ 335 | 128/ 336 |
13.61% (2019)
-7.82% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 40.30 |
| US Equity | 33.85 |
| Canadian Government Bonds | 11.92 |
| Canadian Corporate Bonds | 4.05 |
| Foreign Corporate Bonds | 3.39 |
| Other | 6.49 |
| Name | Percent |
|---|---|
| Fixed Income | 21.49 |
| Technology | 18.06 |
| Financial Services | 16.89 |
| Energy | 7.48 |
| Consumer Services | 6.48 |
| Other | 29.60 |
| Name | Percent |
|---|---|
| North America | 97.69 |
| Europe | 0.90 |
| Asia | 0.77 |
| Latin America | 0.53 |
| Africa and Middle East | 0.01 |
| Other | 0.10 |
| Name | Percent |
|---|---|
| iShares Core S&P/TSX Capped Composit Idx ETF (XIC) | 41.26 |
| Vanguard Total Stock Market Index ETF (VTI) | 25.14 |
| iShares Core Canadian Universe Bond Idx ETF (XBB) | 16.15 |
| Invesco QQQ ETF (QQQ) | 10.42 |
| Vanguard Total Bond Market Index ETF (BND) | 5.35 |
| Cash and Cash Equivalents | 1.30 |
| Purpose USD Cash Management Fund | 0.51 |
| United States Dollar | 0.05 |
| iShares Core Canadian Short Term Bon Idx ETF (XSB) | 0.03 |
| Canadian Dollar | -0.21 |
Purpose Tactical Asset Allocation Fund - ETF Shares
Median
Other - Tactical Balanced
| Standard Deviation | 7.79% | 7.78% | - |
|---|---|---|---|
| Beta | 0.76% | 0.82% | - |
| Alpha | 0.00% | 0.02% | - |
| Rsquared | 0.79% | 0.76% | - |
| Sharpe | 0.14% | 0.63% | - |
| Sortino | 0.29% | 0.85% | - |
| Treynor | 0.01% | 0.06% | - |
| Tax Efficiency | 98.58% | 99.41% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.77% | 7.79% | 7.78% | - |
| Beta | 0.97% | 0.76% | 0.82% | - |
| Alpha | -0.04% | 0.00% | 0.02% | - |
| Rsquared | 0.70% | 0.79% | 0.76% | - |
| Sharpe | 1.68% | 0.14% | 0.63% | - |
| Sortino | 3.68% | 0.29% | 0.85% | - |
| Treynor | 0.10% | 0.01% | 0.06% | - |
| Tax Efficiency | 100.00% | 98.58% | 99.41% | - |
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 | May 24, 2017 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
| 52 Week High | $31.70 |
| 52 Week Low | $27.65 |
| Annual Dividend | - |
| 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 provide long-term capital appreciation with lower volatility and correlation to the overall equity markets by investing in ETFs that are listed on North American exchanges and that represent North American equities, bonds and cash, using a tactical approach. The fund’s tactical investment approach can allocate the portfolio to equities, bonds and cash to achieve its objectives.
The portfolio manager will employ a proprietary, quantitatively driven investment process which drives its asset allocation decisions. The fund’s quantitative approach provides signals to the portfolio management team to increase equity exposure in up-markets and increase bond exposure in down-markets, in an effort to generate returns and also to avoid significant market declines.
| Name | Start Date |
|---|---|
| Purpose Investments Inc. | 04-14-2022 |
| Fund Manager | Purpose Investments Inc. |
|---|---|
| Advisor | Purpose Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Mellon Global Securities Services Company |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| MER | 0.95% |
|---|---|
| Management Fee | 0.75% |
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