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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (01-23-2026) |
$16.67 |
|---|---|
| Change |
$0.04
(0.23%)
|
As at December 31, 2025
As at December 31, 2025
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Inception Return (September 06, 2013): 3.92%
| 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 | -0.06% | 1.86% | 6.60% | 12.57% | 12.57% | 9.76% | 8.02% | 4.96% | 5.68% | 5.10% | 5.80% | 4.38% | 4.14% | 4.72% |
| Benchmark | -1.26% | 0.21% | 6.84% | 10.42% | 10.42% | 13.90% | 13.16% | 6.38% | 6.40% | 7.17% | 7.88% | 7.22% | 7.38% | 6.87% |
| Category Average | -0.49% | 1.04% | 5.97% | 9.84% | 9.84% | 10.99% | 10.50% | 4.61% | 5.61% | 5.86% | 6.92% | 5.49% | 5.74% | 5.67% |
| Category Rank | 222 / 1,766 | 280 / 1,751 | 798 / 1,745 | 338 / 1,713 | 338 / 1,713 | 1,335 / 1,658 | 1,501 / 1,607 | 816 / 1,500 | 794 / 1,358 | 983 / 1,271 | 965 / 1,182 | 910 / 1,069 | 841 / 923 | 696 / 845 |
| Quartile Ranking | 1 | 1 | 2 | 1 | 1 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.47% | 1.08% | 0.28% | -1.20% | 1.61% | 1.27% | 0.14% | 2.23% | 2.23% | 0.32% | 1.59% | -0.06% |
| Benchmark | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% |
5.76% (April 2020)
-10.01% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 10.11% | 2.29% | -5.06% | 10.11% | 2.22% | 8.60% | -3.69% | 4.61% | 7.01% | 12.57% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | 1 | 4 | 4 | 4 | 4 | 3 | 1 | 4 | 4 | 1 |
| Category Rank | 37/ 845 | 896/ 923 | 883/ 1,069 | 1,065/ 1,182 | 1,209/ 1,271 | 809/ 1,358 | 52/ 1,500 | 1,585/ 1,607 | 1,606/ 1,658 | 338/ 1,713 |
12.57% (2025)
-5.06% (2018)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 23.65 |
| Canadian Equity | 19.67 |
| US Equity | 17.87 |
| International Equity | 14.17 |
| Foreign Bonds - Funds | 13.82 |
| Other | 10.82 |
| Name | Percent |
|---|---|
| Fixed Income | 37.99 |
| Financial Services | 10.70 |
| Basic Materials | 8.99 |
| Energy | 8.23 |
| Exchange Traded Fund | 5.49 |
| Other | 28.60 |
| Name | Percent |
|---|---|
| North America | 68.95 |
| Multi-National | 13.82 |
| Europe | 8.99 |
| Asia | 4.12 |
| Latin America | 1.11 |
| Other | 3.01 |
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 24.19 |
| Purpose Global Bond Class ETF (IGB) | 13.82 |
| Purpose International Dividend Fund ETF (PID) | 8.39 |
| Purpose Cash Management Fund ETF - Closed | 3.23 |
| Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) | 2.79 |
| Purpose Emerging Markets Dividend Fund ETF (REM) | 2.20 |
| Purpose Premium Yield Fund ETF (PYF) | 2.05 |
| Agnico Eagle Mines Ltd | 1.44 |
| Canadian Imperial Bank of Commerce | 1.17 |
| Toronto-Dominion Bank | 1.11 |
Purpose Monthly Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.09% | 6.57% | 6.78% |
|---|---|---|---|
| Beta | 0.67% | 0.61% | 0.62% |
| Alpha | -0.01% | 0.02% | 0.01% |
| Rsquared | 0.54% | 0.55% | 0.45% |
| Sharpe | 0.66% | 0.46% | 0.45% |
| Sortino | 1.32% | 0.61% | 0.37% |
| Treynor | 0.06% | 0.05% | 0.05% |
| Tax Efficiency | 70.07% | 58.83% | 50.69% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.86% | 6.09% | 6.57% | 6.78% |
| Beta | 0.42% | 0.67% | 0.61% | 0.62% |
| Alpha | 0.08% | -0.01% | 0.02% | 0.01% |
| Rsquared | 0.53% | 0.54% | 0.55% | 0.45% |
| Sharpe | 2.42% | 0.66% | 0.46% | 0.45% |
| Sortino | 6.03% | 1.32% | 0.61% | 0.37% |
| Treynor | 0.23% | 0.06% | 0.05% | 0.05% |
| Tax Efficiency | 80.87% | 70.07% | 58.83% | 50.69% |
| Start Date | September 06, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC200 |
The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) provide shareholders with stable monthly distributions.
The fund is tactically managed across a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash based on a risk-parity weighting methodology, with the goal of achieving a positive total return in diverse market environments while reducing portfolio risk.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Neuberger Berman Breton Hill ULC |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| 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 | 1.85% |
|---|---|
| Management Fee | 1.55% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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