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Alternative Equity Focus
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|
NAVPS (05-02-2024) |
$29.19 |
|---|---|
| Change |
$0.18
(0.61%)
|
As at March 31, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (September 03, 2013): 4.05%
| 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 | 1.12% | 4.85% | 12.43% | 4.85% | 11.78% | 4.18% | 5.04% | 9.84% | 5.26% | 4.01% | 3.92% | 5.18% | 2.98% | 3.11% |
| Benchmark | 4.14% | 6.62% | 15.26% | 6.62% | 13.96% | 3.95% | 9.11% | 16.99% | 9.96% | 9.65% | 8.48% | 9.70% | 7.76% | 7.67% |
| Category Average | 2.33% | 13.77% | 13.77% | 8.40% | 14.38% | 5.99% | 5.81% | 11.19% | - | - | - | - | - | - |
| Category Rank | 146 / 189 | 114 / 166 | 81 / 160 | 114 / 166 | 84 / 151 | 74 / 134 | 60 / 101 | 39 / 67 | 30 / 51 | 16 / 22 | 16 / 22 | 15 / 21 | 15 / 15 | - |
| Quartile Ranking | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.52% | -2.29% | 4.00% | 1.55% | -1.44% | -3.72% | -1.87% | 6.70% | 2.41% | 1.14% | 2.52% | 1.12% |
| Benchmark | 2.90% | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% |
7.62% (November 2016)
-8.16% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.38% | -8.39% | 11.17% | 8.95% | -9.05% | 7.66% | 3.13% | 17.55% | -10.60% | 9.53% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% |
| Quartile Ranking | - | 4 | 2 | 2 | 4 | 2 | 3 | 2 | 3 | 2 |
| Category Rank | - | 15/ 15 | 6/ 21 | 11/ 22 | 17/ 22 | 21/ 47 | 41/ 62 | 43/ 97 | 91/ 123 | 67/ 150 |
17.55% (2021)
-10.60% (2022)
| Name | Percent |
|---|---|
| US Equity | 93.99 |
| International Equity | 5.98 |
| Cash and Equivalents | 0.04 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Technology | 34.32 |
| Healthcare | 11.38 |
| Consumer Services | 9.84 |
| Financial Services | 9.83 |
| Consumer Goods | 6.91 |
| Other | 27.72 |
| Name | Percent |
|---|---|
| North America | 94.03 |
| Europe | 5.47 |
| Asia | 0.52 |
| Other | -0.02 |
| Name | Percent |
|---|---|
| Microsoft Corp | 7.12 |
| Apple Inc | 6.28 |
| Alphabet Inc Cl A | 4.98 |
| NVIDIA Corp | 4.88 |
| Amazon.com Inc | 3.36 |
| Eli Lilly and Co | 2.83 |
| Visa Inc Cl A | 2.29 |
| Exxon Mobil Corp | 2.27 |
| Procter & Gamble Co | 2.07 |
| Bank of America Corp | 1.81 |
Purpose Tactical Hedged Equity Fund Series A
Median
Other - Alternative Equity Focus
| Standard Deviation | 11.60% | 11.47% | 10.55% |
|---|---|---|---|
| Beta | 0.78% | 0.66% | 0.66% |
| Alpha | -0.02% | -0.01% | -0.02% |
| Rsquared | 0.80% | 0.80% | 0.62% |
| Sharpe | 0.26% | 0.34% | 0.21% |
| Sortino | 0.33% | 0.34% | 0.08% |
| Treynor | 0.04% | 0.06% | 0.03% |
| Tax Efficiency | 98.63% | 99.17% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 10.11% | 11.60% | 11.47% | 10.55% |
| Beta | 0.73% | 0.78% | 0.66% | 0.66% |
| Alpha | 0.02% | -0.02% | -0.01% | -0.02% |
| Rsquared | 0.85% | 0.80% | 0.80% | 0.62% |
| Sharpe | 0.68% | 0.26% | 0.34% | 0.21% |
| Sortino | 1.59% | 0.33% | 0.34% | 0.08% |
| Treynor | 0.09% | 0.04% | 0.06% | 0.03% |
| Tax Efficiency | 100.00% | 98.63% | 99.17% | - |
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 | September 03, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC300 |
The fund seeks to provide shareholders with (i) consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of U.S. listed equities; and (ii) less volatility and low correlation to U.S. equity markets by hedging the fund’s exposure to overall market risk.
The fund uses a multi-factor, fundamental rules-based portfolio selection strategy to select long portfolio securities from a universe of U.S. listed equities. The selection strategy emphasizes factors that have shown to be effective at differentiating between strong and weak performing stocks including but not limited to: fundamental change, valuation, growth and quality.
| Name | Start Date |
|---|---|
| Purpose Investments Inc. | 09-03-2013 |
| Neuberger Berman Breton Hill ULC | 12-10-2020 |
| 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 |
| 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 |
| MER | 2.05% |
|---|---|
| Management Fee | 1.80% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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