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Purpose Core Dividend Fund Series A

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North American Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-20-2025) 		$30.39
Change
$0.16 (0.53%)

As at April 30, 2025

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$15,000$20,000$25,000$8,000$9,000$11,000$12,000Period

Legend

Purpose Core Dividend Fund Series A

Compare Options

Fund Returns

Inception Return (September 03, 2013): 7.28%

Fund Returns
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 -2.23% -0.38% 1.62% 2.53% 12.91% 7.34% 4.43% 6.09% 10.53% 6.83% 6.93% 5.48% 6.16% 5.71%
Benchmark -2.34% -6.97% 0.95% -3.74% 15.36% 15.84% 12.41% 11.30% 15.01% 12.04% 12.33% 11.37% 12.46% 11.15%
Category Average -2.90% -10.19% -4.36% -6.25% 5.43% 10.43% 7.51% 4.90% 11.31% 8.17% 8.33% 7.88% 8.72% 7.41%
Category Rank 121 / 187 8 / 186 31 / 186 8 / 186 52 / 180 155 / 176 147 / 164 92 / 140 80 / 124 83 / 112 65 / 83 69 / 79 68 / 76 38 / 45
Quartile Ranking 3 1 1 1 2 4 4 3 3 3 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.67% -1.20% 4.82% 2.74% 2.62% 0.09% 2.64% -3.43% 2.92% 1.70% 0.20% -2.23%
Benchmark 3.45% 1.28% 4.00% 0.64% 2.69% 1.48% 6.48% -1.51% 3.47% -1.01% -3.77% -2.34%

Best Monthly Return Since Inception

10.13% (November 2020)

Worst Monthly Return Since Inception

-15.89% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -3.79% 15.58% 6.13% -11.75% 21.39% -1.80% 22.36% -2.28% 2.96% 12.34%
Benchmark 5.50% 14.85% 11.54% -2.58% 24.09% 10.91% 26.72% -9.17% 17.51% 28.77%
Category Average 6.38% 4.55% 10.59% -6.12% 20.45% 16.55% 18.87% -14.77% 16.96% 18.75%
Quartile Ranking 4 1 3 4 2 4 2 1 4 4
Category Rank 36/ 41 5/ 70 58/ 79 78/ 81 44/ 93 112/ 119 56/ 139 13/ 145 166/ 172 164/ 180

Best Calendar Return (Last 10 years)

22.36% (2021)

Worst Calendar Return (Last 10 years)

-11.75% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 67.04
US Equity 29.43
International Equity 1.79
Cash and Equivalents 1.47
Income Trust Units 0.28
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 25.05
Energy 19.10
Healthcare 9.77
Consumer Goods 8.24
Basic Materials 7.38
Other 30.46

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.93
Europe 1.79
Latin America 0.28

Top Holdings

Top Holdings
Name Percent
TC Energy Corp 3.74
Agnico Eagle Mines Ltd 3.64
Enbridge Inc 3.58
Manulife Financial Corp 3.54
Canadian Imperial Bank of Commerce 3.37
Power Corp of Canada 3.30
Abbvie Inc 3.28
Bank of Nova Scotia 3.18
Toronto-Dominion Bank 3.17
Hydro One Ltd 3.14

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return024681012141618202224262830-30%-20%-10%0%10%20%

Purpose Core Dividend Fund Series A

Median

Other - North American Equity

3 Yr Annualized

Standard Deviation 11.73% 11.58% 12.01%
Beta 0.80% 0.80% 0.87%
Alpha -0.05% -0.01% -0.04%
Rsquared 0.78% 0.72% 0.76%
Sharpe 0.09% 0.72% 0.38%
Sortino 0.24% 1.11% 0.39%
Treynor 0.01% 0.10% 0.05%
Tax Efficiency 61.82% 83.57% 72.83%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.35% 11.73% 11.58% 12.01%
Beta 0.53% 0.80% 0.80% 0.87%
Alpha 0.05% -0.05% -0.01% -0.04%
Rsquared 0.43% 0.78% 0.72% 0.76%
Sharpe 1.05% 0.09% 0.72% 0.38%
Sortino 2.04% 0.24% 1.11% 0.39%
Treynor 0.17% 0.01% 0.10% 0.05%
Tax Efficiency 85.25% 61.82% 83.57% 72.83%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A90.5​90.557.1​57.10%10%20%30%40%50%60%70%80%90%100%

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.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A92.4​92.460.4​60.40%10%20%30%40%50%60%70%80%90%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.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A90.4​90.451.9​51.90%10%20%30%40%50%60%70%80%90%100%

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.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A87.1​87.156.9​56.90%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

Fund Details

Start Date September 03, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Partially Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC400

Investment Objectives

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of high quality North American dividend-paying equity securities; and (ii) monthly distributions.

Investment Strategy

The fund invests in a portfolio of high quality North American dividend-paying equity securities based on a fundamental rules-based portfolio selection strategy that intends to create value and reduce risk over the investment period. The fund’s investment strategy systematically selects companies that have attractive dividend yield and the ability to grow their businesses and dividends for shareholders in the future.

Portfolio Management

Portfolio Manager

Purpose Investments Inc.
Sub-Advisor

Neuberger Berman Breton Hill ULC

Management and Organization

Fund Manager

Purpose Investments Inc.
Custodian

CIBC Mellon Trust Company
Registrar

CIBC Mellon Global Securities Services Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 15,000
SWP Min Withdrawal 100

Fees

MER 1.76%
Management Fee 1.55%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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