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Purpose Total Return Bond Fund Series A

Multi-Sector Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(07-30-2025)
$15.61
Change
$0.04 (0.25%)

As at June 30, 2025

As at June 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$9,500$10,000$10,500$11,000$11,500$12,000$12,500Period

Legend

Purpose Total Return Bond Fund Series A

Compare Options


Fund Returns

Inception Return (September 04, 2013): 1.79%

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 1.04% 1.44% 2.30% 2.30% 6.17% 5.47% 3.39% 0.89% 1.60% 1.50% 1.75% 1.27% 1.67% 1.53%
Benchmark 1.36% -0.99% 1.81% 1.81% 9.27% 8.23% 6.85% 1.47% 0.26% 1.58% 2.25% 2.26% 2.20% 3.08%
Category Average 1.33% 1.67% 2.91% 2.91% 6.01% 5.51% - - - - - - - -
Category Rank 238 / 318 147 / 318 189 / 313 189 / 313 176 / 299 202 / 289 263 / 288 175 / 270 165 / 251 171 / 236 169 / 219 156 / 194 139 / 169 112 / 126
Quartile Ranking 3 2 3 3 3 3 4 3 3 3 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.14% 1.15% 1.38% -1.55% 1.22% -0.56% 1.11% 0.80% -1.06% -0.31% 0.70% 1.04%
Benchmark 3.56% -0.33% 1.97% 0.33% 0.96% 0.67% 1.41% 1.02% 0.37% -1.88% -0.45% 1.36%

Best Monthly Return Since Inception

4.50% (April 2020)

Worst Monthly Return Since Inception

-7.19% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
Calendar Return
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 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25% 9.76%
Category Average - - - - - - - - - 3.89%
Quartile Ranking 3 2 3 4 3 2 3 1 4 3
Category Rank 86/ 116 64/ 134 127/ 181 188/ 207 159/ 228 68/ 250 194/ 263 67/ 271 270/ 289 202/ 298

Best Calendar Return (Last 10 years)

7.03% (2016)

Worst Calendar Return (Last 10 years)

-6.74% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 73.06
Cash and Equivalents 22.60
Foreign Government Bonds 1.97
Canadian Government Bonds 1.21
Foreign Bonds - Other 0.83
Other 0.33

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 77.75
Exchange Traded Fund 17.54
Cash and Cash Equivalent 5.06
Financial Services 0.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.60
Europe 1.42
Latin America 0.71
Africa and Middle East 0.44
Asia 0.04
Other 0.79

Top Holdings

Top Holdings
Name Percent
iShares iBoxx $ High Yield Corp Bond ETF (HYG) 65.86
Purpose Cash Management Fund ETF - Closed 17.54
Purpose Global Bond Fund ETF (BND) 15.00
BMO Mid Federal Bond Index ETF (ZFM) 1.05
Canadian Dollar 0.35
Cash and Cash Equivalents 0.18
United States Dollar 0.03

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: L.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return3456789101112-2%0%2%4%6%8%10%12%

Purpose Total Return Bond Fund Series A

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 4.90% 4.77% 4.75%
Beta 0.63% 0.40% 0.20%
Alpha -0.01% 0.02% 0.01%
Rsquared 0.48% 0.27% 0.07%
Sharpe -0.11% -0.17% -0.02%
Sortino 0.14% -0.36% -0.37%
Treynor -0.01% -0.02% -0.01%
Tax Efficiency 50.00% - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.85% 4.90% 4.77% 4.75%
Beta 0.46% 0.63% 0.40% 0.20%
Alpha 0.02% -0.01% 0.02% 0.01%
Rsquared 0.32% 0.48% 0.27% 0.07%
Sharpe 0.70% -0.11% -0.17% -0.02%
Sortino 1.26% 0.14% -0.36% -0.37%
Treynor 0.06% -0.01% -0.02% -0.01%
Tax Efficiency 71.80% 50.00% - -

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

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 1.51%
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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