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High Yield Fixed Income
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NAVPS (02-06-2025) |
$15.79 |
---|---|
Change |
-$0.01
(-0.07%)
|
As at December 31, 2024
As at December 31, 2024
Inception Return (September 04, 2013): 1.67%
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 | -0.56% | -0.91% | 3.79% | 4.55% | 4.55% | 4.19% | 0.41% | 0.15% | 1.32% | 2.05% | 1.17% | 1.23% | 1.86% | 1.47% |
Benchmark | 2.08% | 5.25% | 9.99% | 17.23% | 17.23% | 13.74% | 6.39% | 4.89% | 5.14% | 5.61% | 5.57% | 5.24% | 5.84% | 6.72% |
Category Average | -0.34% | 0.43% | 4.45% | 7.12% | 7.12% | 7.85% | 1.54% | 1.95% | 2.63% | 3.74% | 2.80% | 3.12% | 3.82% | 3.15% |
Category Rank | 215 / 282 | 274 / 282 | 250 / 281 | 270 / 280 | 270 / 280 | 273 / 274 | 247 / 265 | 242 / 256 | 232 / 251 | 241 / 243 | 216 / 218 | 205 / 207 | 194 / 198 | 181 / 182 |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.02% | -0.01% | 0.96% | -1.44% | 1.08% | 0.17% | 2.14% | 1.15% | 1.38% | -1.55% | 1.22% | -0.56% |
Benchmark | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% | 2.95% | -0.48% | 2.00% | 2.26% | 0.82% | 2.08% |
4.50% (April 2020)
-7.19% (March 2020)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | -1.93% | 7.03% | 1.69% | -3.96% | 5.76% | 6.14% | -0.63% | -6.74% | 3.82% | 4.55% |
Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
Quartile Ranking | 2 | 4 | 4 | 4 | 4 | 2 | 4 | 1 | 4 | 4 |
Category Rank | 79/ 182 | 179/ 198 | 194/ 207 | 173/ 218 | 225/ 243 | 92/ 251 | 243/ 256 | 51/ 265 | 269/ 274 | 270/ 280 |
7.03% (2016)
-6.74% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 72.46 |
Cash and Equivalents | 13.13 |
Canadian Corporate Bonds | 10.74 |
Foreign Government Bonds | 2.36 |
Canadian Government Bonds | 1.33 |
Other | -0.02 |
Name | Percent |
---|---|
Fixed Income | 87.78 |
Exchange Traded Fund | 7.28 |
Cash and Cash Equivalent | 5.86 |
Financial Services | 0.04 |
Other | -0.96 |
Name | Percent |
---|---|
North America | 96.52 |
Europe | 1.52 |
Latin America | 0.87 |
Africa and Middle East | 0.38 |
Asia | 0.11 |
Other | 0.60 |
Name | Percent |
---|---|
iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 66.11 |
Purpose Global Bond Fund ETF (BND) | 14.69 |
BMO Mid Corporate Bond Index ETF (ZCM) | 10.08 |
Purpose Cash Management Fund ETF - Closed | 7.28 |
BMO Mid Federal Bond Index ETF (ZFM) | 0.86 |
United States Dollar | 0.57 |
Cash and Cash Equivalents | 0.45 |
Canadian Dollar | -0.03 |
Purpose Total Return Bond Fund Series A
Median
Other - High Yield Fixed Income
Standard Deviation | 5.58% | 6.18% | 4.83% |
---|---|---|---|
Beta | 0.43% | 0.55% | 0.38% |
Alpha | -0.02% | -0.01% | -0.01% |
Rsquared | 0.27% | 0.42% | 0.31% |
Sharpe | -0.55% | -0.13% | -0.01% |
Sortino | -0.56% | -0.31% | -0.38% |
Treynor | -0.07% | -0.01% | 0.00% |
Tax Efficiency | - | - | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 3.97% | 5.58% | 6.18% | 4.83% |
Beta | -0.08% | 0.43% | 0.55% | 0.38% |
Alpha | 0.06% | -0.02% | -0.01% | -0.01% |
Rsquared | 0.01% | 0.27% | 0.42% | 0.31% |
Sharpe | 0.04% | -0.55% | -0.13% | -0.01% |
Sortino | 0.58% | -0.56% | -0.31% | -0.38% |
Treynor | -0.02% | -0.07% | -0.01% | 0.00% |
Tax Efficiency | 61.96% | - | - | - |
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) | - |
FundServ Code | Load Code | Sales Status |
---|---|---|
PFC100 |
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.
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.
Name | Start Date |
---|---|
Purpose Investments Inc. | 09-04-2013 |
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 | 1.48% |
---|---|
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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