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Tactical Balanced
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2021, 2020
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|
Close (04-10-2025) |
$28.75 |
|---|---|
| Change |
-$0.38
(-1.30%)
|
| Open | $28.82 |
|---|---|
| Day Range | $28.79 - $28.82 |
| Volume | 4,678 |
As at March 31, 2025
As at March 31, 2025
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Inception Return (May 24, 2017): 5.92%
| 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 | -1.91% | -0.90% | 2.26% | -0.90% | 4.84% | 7.93% | 4.59% | 4.37% | 7.54% | 6.42% | 6.66% | - | - | - |
| Benchmark | -2.06% | 0.58% | 3.86% | 0.58% | 11.71% | 12.04% | 7.91% | 5.78% | 7.63% | 6.63% | 6.42% | 6.59% | 7.01% | 6.53% |
| Category Average | -1.82% | 1.38% | 1.38% | 0.52% | 7.59% | 8.49% | 4.37% | 4.26% | 7.35% | 5.01% | 4.55% | 4.26% | 4.80% | 3.90% |
| Category Rank | 194 / 338 | 258 / 338 | 155 / 338 | 258 / 338 | 291 / 337 | 203 / 332 | 183 / 332 | 183 / 318 | 165 / 310 | 84 / 296 | 58 / 275 | - | - | - |
| Quartile Ranking | 3 | 4 | 2 | 4 | 4 | 3 | 3 | 3 | 3 | 2 | 1 | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.77% | 1.17% | 1.38% | 3.11% | -2.02% | 0.72% | 1.40% | 2.80% | -1.01% | 1.44% | -0.40% | -1.91% |
| Benchmark | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% |
6.85% (April 2020)
-5.16% (June 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | -1.32% | 13.61% | 13.45% | 10.50% | -7.82% | 9.12% | 11.22% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% | 11.73% |
| Quartile Ranking | - | - | - | 1 | 2 | 1 | 3 | 2 | 2 | 3 |
| Category Rank | - | - | - | 47/ 272 | 131/ 290 | 14/ 310 | 172/ 312 | 93/ 331 | 128/ 332 | 215/ 334 |
13.61% (2019)
-7.82% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 35.92 |
| US Equity | 18.30 |
| Foreign Corporate Bonds | 14.43 |
| Canadian Government Bonds | 12.24 |
| Cash and Equivalents | 5.51 |
| Other | 13.60 |
| Name | Percent |
|---|---|
| Fixed Income | 25.80 |
| Financial Services | 14.71 |
| Exchange Traded Fund | 13.58 |
| Technology | 11.92 |
| Energy | 6.45 |
| Other | 27.54 |
| Name | Percent |
|---|---|
| North America | 98.94 |
| Europe | 0.56 |
| Latin America | 0.33 |
| Asia | 0.10 |
| Other | 0.07 |
| Name | Percent |
|---|---|
| iShares S&P/TSX 60 Index ETF (XIU) | 36.23 |
| iShares Core Canadian Universe Bond Idx ETF (XBB) | 16.50 |
| Vanguard Short-Term Bond Index ETF (BSV) | 13.58 |
| SPDR S&P 500 ETF Trust (SPY) | 12.37 |
| Invesco QQQ ETF (QQQ) | 6.53 |
| Vanguard Total Bond Market Index ETF (BND) | 5.80 |
| Purpose USD Cash Management Fund Class A | 4.73 |
| Vanguard Canadian Short-Term Bond Index ETF (VSB) | 3.67 |
| Cash and Cash Equivalents | 0.49 |
| United States Dollar | 0.19 |
Purpose Tactical Asset Allocation Fund - ETF Shares
Median
Other - Tactical Balanced
| Standard Deviation | 7.78% | 7.54% | - |
|---|---|---|---|
| Beta | 0.79% | 0.80% | - |
| Alpha | -0.02% | 0.01% | - |
| Rsquared | 0.80% | 0.74% | - |
| Sharpe | 0.12% | 0.69% | - |
| Sortino | 0.33% | 0.97% | - |
| Treynor | 0.01% | 0.06% | - |
| Tax Efficiency | 90.40% | 95.46% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.22% | 7.78% | 7.54% | - |
| Beta | 0.91% | 0.79% | 0.80% | - |
| Alpha | -0.05% | -0.02% | 0.01% | - |
| Rsquared | 0.78% | 0.80% | 0.74% | - |
| Sharpe | 0.16% | 0.12% | 0.69% | - |
| Sortino | 0.48% | 0.33% | 0.97% | - |
| Treynor | 0.01% | 0.01% | 0.06% | - |
| Tax Efficiency | 74.10% | 90.40% | 95.46% | - |
| 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 | $28.60 |
| Annual Dividend | $0.78 |
| 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.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| MER | 0.95% |
|---|---|
| Management Fee | 0.75% |
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