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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 (06-22-2026) |
$15.36 |
|---|---|
| Change |
-$0.02
(-0.16%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (September 04, 2013): 1.79%
| 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 | 0.42% | 0.13% | 0.24% | 0.49% | 2.71% | 3.97% | 4.08% | 2.49% | 1.14% | 1.68% | 1.72% | 1.74% | 1.21% | 1.77% |
| Benchmark | 1.73% | 1.68% | 1.44% | 2.26% | 8.06% | 9.95% | 10.49% | 9.66% | 6.15% | 5.57% | 5.13% | 5.59% | 4.78% | 5.90% |
| Category Average | 0.59% | 0.76% | 1.82% | 1.55% | 5.97% | 6.38% | 6.97% | 5.03% | 2.71% | 4.22% | 3.51% | 3.44% | 3.18% | 3.77% |
| Category Rank | 171 / 253 | 223 / 253 | 230 / 250 | 213 / 251 | 238 / 246 | 236 / 242 | 234 / 236 | 231 / 233 | 216 / 227 | 217 / 219 | 211 / 213 | 193 / 195 | 183 / 185 | 167 / 169 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.04% | 0.04% | 0.72% | 0.71% | -0.17% | 0.10% | -0.25% | 0.29% | 0.07% | -1.19% | 0.92% | 0.42% |
| Benchmark | 1.47% | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% |
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 | 151/ 168 | 167/ 176 | 142/ 187 | 200/ 211 | 80/ 218 | 210/ 223 | 38/ 230 | 231/ 236 | 234/ 242 | 227/ 243 |
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 | 69.76 |
| Cash and Equivalents | 25.25 |
| Canadian Government Bonds | 2.23 |
| Foreign Government Bonds | 1.82 |
| Canadian Corporate Bonds | 0.70 |
| Other | 0.24 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 75.12 |
| Exchange Traded Fund | 17.87 |
| Cash and Cash Equivalent | 7.38 |
| Other | -0.37 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.08 |
| Latin America | 1.48 |
| Europe | 1.36 |
| Africa and Middle East | 0.80 |
| Asia | 0.10 |
| Other | 0.18 |
Top Holdings
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 63.11 |
| Purpose Cash Management Fund ETF - Closed | 17.87 |
| Purpose Global Bond Class ETF (IGB) | 14.51 |
| Cash and Cash Equivalents | 2.49 |
| BMO Mid Federal Bond Index ETF (ZFM) | 1.91 |
| Canadian Dollar | 0.09 |
| United States Dollar | 0.03 |
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 | 3.75% | 4.55% | 4.70% |
|---|---|---|---|
| Beta | 0.27 | 0.36 | 0.42 |
| Alpha | 0.01 | -0.01 | -0.01 |
| Rsquared | 0.10% | 0.23% | 0.32% |
| Sharpe | 0.13 | -0.37 | -0.01 |
| Sortino | 0.48 | -0.49 | -0.31 |
| Treynor | 0.02 | -0.05 | 0.00 |
| Tax Efficiency | 57.41% | - | 11.26% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.12% | 3.75% | 4.55% | 4.70% |
| Beta | 0.26 | 0.27 | 0.36 | 0.42 |
| Alpha | 0.01 | 0.01 | -0.01 | -0.01 |
| Rsquared | 0.15% | 0.10% | 0.23% | 0.32% |
| Sharpe | 0.16 | 0.13 | -0.37 | -0.01 |
| Sortino | -0.19 | 0.48 | -0.49 | -0.31 |
| Treynor | 0.01 | 0.02 | -0.05 | 0.00 |
| Tax Efficiency | 36.50% | 57.41% | - | 11.26% |
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) | - |
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 | 1.45% |
|---|---|
| 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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