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Purpose Core Dividend Fund Series A
North American Equity
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
Click for more information on Fundata’s ESG Grade.
|
NAVPS (06-18-2026) |
$38.38 |
|---|---|
| Change |
-$0.03
(-0.08%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (September 03, 2013): 8.96%
| 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 | 2.74% | 3.13% | 13.29% | 12.90% | 28.03% | 20.86% | 16.93% | 10.49% | 9.98% | 13.34% | 10.61% | 9.66% | 8.13% | 8.21% |
| Benchmark | 4.56% | 6.73% | 11.12% | 11.43% | 33.31% | 25.37% | 24.57% | 19.08% | 16.40% | 18.30% | 16.51% | 15.11% | 14.39% | 14.61% |
| Category Average | 2.60% | 3.21% | 8.41% | 7.06% | 17.45% | 12.85% | 15.32% | 11.80% | 8.55% | 12.30% | 10.90% | 9.85% | 9.55% | 9.80% |
| Category Rank | 128 / 192 | 123 / 189 | 37 / 188 | 36 / 189 | 35 / 185 | 28 / 177 | 104 / 172 | 122 / 160 | 86 / 136 | 50 / 119 | 78 / 107 | 56 / 81 | 63 / 74 | 65 / 73 |
| Quartile Ranking | 3 | 3 | 1 | 1 | 1 | 1 | 3 | 4 | 3 | 2 | 3 | 3 | 4 | 4 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.28% | 0.32% | 3.73% | 3.46% | 0.32% | 3.32% | 0.34% | 2.68% | 6.61% | -3.53% | 4.05% | 2.74% |
| Benchmark | 3.56% | 2.72% | 3.12% | 5.20% | 2.01% | 1.91% | -0.28% | 0.61% | 3.77% | -3.61% | 5.90% | 4.56% |
Best Monthly Return Since Inception
10.13% (November 2020)
Worst Monthly Return Since Inception
-15.89% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 15.58% | 6.13% | -11.75% | 21.39% | -1.80% | 22.36% | -2.28% | 2.96% | 12.34% | 19.44% |
| Benchmark | 14.85% | 11.54% | -2.58% | 24.09% | 10.91% | 26.72% | -9.17% | 17.51% | 28.77% | 21.74% |
| Category Average | 4.55% | 10.59% | -6.12% | 20.45% | 16.55% | 18.87% | -14.77% | 16.96% | 18.75% | 8.61% |
| Quartile Ranking | 1 | 3 | 4 | 2 | 4 | 2 | 1 | 4 | 4 | 1 |
| Category Rank | 5/ 69 | 55/ 74 | 73/ 76 | 44/ 88 | 107/ 114 | 55/ 134 | 13/ 141 | 162/ 169 | 163/ 176 | 18/ 184 |
Best Calendar Return (Last 10 years)
22.36% (2021)
Worst Calendar Return (Last 10 years)
-11.75% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 79.08 |
| US Equity | 20.30 |
| Cash and Equivalents | 0.62 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 39.95 |
| Energy | 14.18 |
| Consumer Goods | 7.96 |
| Technology | 7.70 |
| Basic Materials | 6.53 |
| Other | 23.68 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Toronto-Dominion Bank | 6.45 |
| Royal Bank of Canada | 5.05 |
| Canadian Imperial Bank of Commerce | 4.77 |
| Bank of Nova Scotia | 4.64 |
| Manulife Financial Corp | 4.04 |
| TC Energy Corp | 3.61 |
| Power Corp of Canada | 3.28 |
| Enbridge Inc | 3.16 |
| Pembina Pipeline Corp | 3.08 |
| Bank of Montreal | 2.84 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Core Dividend Fund Series A
Median
Other - North American Equity
3 Yr Annualized
| Standard Deviation | 9.00% | 10.83% | 11.91% |
|---|---|---|---|
| Beta | 0.69 | 0.75 | 0.86 |
| Alpha | 0.01 | -0.02 | -0.04 |
| Rsquared | 0.61% | 0.71% | 0.77% |
| Sharpe | 1.40 | 0.67 | 0.56 |
| Sortino | 2.74 | 1.01 | 0.68 |
| Treynor | 0.18 | 0.10 | 0.08 |
| Tax Efficiency | 90.28% | 84.93% | 81.96% |
| Volatility |
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.90% | 9.00% | 10.83% | 11.91% |
| Beta | 0.73 | 0.69 | 0.75 | 0.86 |
| Alpha | 0.04 | 0.01 | -0.02 | -0.04 |
| Rsquared | 0.56% | 0.61% | 0.71% | 0.77% |
| Sharpe | 2.58 | 1.40 | 0.67 | 0.56 |
| Sortino | - | 2.74 | 1.01 | 0.68 |
| Treynor | 0.31 | 0.18 | 0.10 | 0.08 |
| Tax Efficiency | 94.56% | 90.28% | 84.93% | 81.96% |
Fundata ESG Metrics
Fundata ESG Score
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
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
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
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.
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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