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Purpose Total Return Bond Fund Series A
High Yield Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (11-11-2026) |
$14.77 |
|---|---|
| Change |
$0.02
(0.11%)
|
As at October 31, 2026
As at October 31, 2026
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Legend
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Fund Returns
Inception Return (September 04, 2013): 1.58%
| 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 | 0.29% | -1.65% | -1.60% | -1.53% | -1.67% | 1.27% | 4.12% | 2.56% | 0.76% | 1.00% | 1.19% | 1.60% | 1.05% | 1.24% |
| Benchmark | -2.08% | -2.64% | 0.64% | 1.16% | 0.27% | 4.85% | 8.97% | 9.52% | 5.55% | 4.79% | 4.78% | 5.27% | 4.79% | 4.93% |
| Category Average | -0.02% | -1.35% | -1.15% | -0.21% | 0.25% | 3.23% | 6.49% | 5.78% | 2.11% | 3.04% | 2.91% | 3.24% | 2.82% | 3.09% |
| Category Rank | 49 / 260 | 160 / 257 | 179 / 257 | 221 / 255 | 234 / 254 | 228 / 246 | 243 / 245 | 238 / 239 | 217 / 233 | 219 / 225 | 215 / 219 | 210 / 212 | 188 / 190 | 176 / 178 |
| Quartile Ranking | 1 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.10% | -0.25% | 0.29% | 0.07% | -1.19% | 0.92% | 0.42% | 0.47% | -0.83% | 0.32% | -2.24% | 0.29% |
| Benchmark | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% | 2.93% | -1.29% | -0.14% | -0.43% | -2.08% |
Best Monthly Return Since Inception
4.50% (April 2020)
Worst Monthly Return Since Inception
-7.19% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.03% | 1.69% | -3.96% | 5.76% | 6.14% | -0.63% | -6.74% | 3.82% | 4.55% | 3.47% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 2 | 4 | 1 | 4 | 4 | 4 |
| Category Rank | 155/ 172 | 171/ 180 | 146/ 191 | 203/ 215 | 84/ 221 | 213/ 226 | 41/ 233 | 234/ 239 | 237/ 245 | 230/ 246 |
Best Calendar Return (Last 10 years)
7.03% (2016)
Worst Calendar Return (Last 10 years)
-6.74% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 53.35 |
| Cash and Equivalents | 37.20 |
| Canadian Government Bonds | 5.42 |
| Foreign Government Bonds | 2.46 |
| Foreign Bonds - Other | 0.97 |
| Other | 0.60 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 62.90 |
| Exchange Traded Fund | 32.69 |
| Cash and Cash Equivalent | 4.51 |
| Other | -0.10 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.37 |
| Latin America | 1.08 |
| Europe | 1.06 |
| Africa and Middle East | 0.59 |
| Asia | 0.16 |
| Other | 0.74 |
Top Holdings
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 46.01 |
| Purpose Cash Management Fund ETF - Closed | 32.69 |
| Purpose Global Bond Class ETF (IGB) | 15.15 |
| BMO Mid Federal Bond Index ETF (ZFM) | 5.31 |
| Canadian Dollar | 0.70 |
| United States Dollar | 0.20 |
| Cash and Cash Equivalents | -0.06 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Total Return Bond Fund Series A
Median
Other - High Yield Fixed Income
3 Yr Annualized
| Standard Deviation | 3.93% | 4.68% | 4.73% |
|---|---|---|---|
| Beta | 0.29 | 0.37 | 0.42 |
| Alpha | 0.02 | -0.01 | -0.01 |
| Rsquared | 0.12% | 0.23% | 0.31% |
| Sharpe | 0.23 | -0.47 | -0.13 |
| Sortino | 0.45 | -0.57 | -0.44 |
| Treynor | 0.03 | -0.06 | -0.02 |
| Tax Efficiency | 57.93% | - | - |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.04% | 3.93% | 4.68% | 4.73% |
| Beta | 0.18 | 0.29 | 0.37 | 0.42 |
| Alpha | -0.02 | 0.02 | -0.01 | -0.01 |
| Rsquared | 0.07% | 0.12% | 0.23% | 0.31% |
| Sharpe | -1.27 | 0.23 | -0.47 | -0.13 |
| Sortino | -1.49 | 0.45 | -0.57 | -0.44 |
| Treynor | -0.22 | 0.03 | -0.06 | -0.02 |
| Tax Efficiency | - | 57.93% | - | - |
Fund Details
| Start Date | September 04, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC100 | FE | Open |
Investment Objectives
The fund seeks to achieve a positive total return in diverse market environments over time by tactically allocating its assets among a broad range of fixed income securities, including government debt, investment grade corporate debt and high yield debt.
Investment Strategy
The fund obtains exposure primarily to a portfolio of fixed income securities including government debt, investment grade corporate debt, notes and high yield debt instruments. The fund primarily invests in a portfolio of North American fixed income securities but may also invest globally. The fund also may engage in short selling as permitted by NI 81-102.
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 | 1.45% |
|---|---|
| Management Fee | 0.95% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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