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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-15-2026) |
$16.98 |
|---|---|
| Change |
-$0.05
(-0.31%)
|
As at March 31, 2026
As at March 31, 2026
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Inception Return (September 06, 2013): 4.25%
| 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 | -2.31% | 5.04% | 6.99% | 5.04% | 13.84% | 10.86% | 9.28% | 6.13% | 6.28% | 8.35% | 5.66% | 5.35% | 4.55% | 4.88% |
| Benchmark | -3.32% | -0.31% | -0.10% | -0.31% | 9.45% | 10.57% | 11.17% | 8.29% | 6.50% | 7.93% | 7.03% | 6.79% | 6.91% | 7.25% |
| Category Average | -3.50% | -0.09% | 0.96% | -0.09% | 8.98% | 8.53% | 9.07% | 5.89% | 5.31% | 7.96% | 5.85% | 5.58% | 5.40% | 5.77% |
| Category Rank | 160 / 1,776 | 79 / 1,760 | 66 / 1,744 | 79 / 1,760 | 197 / 1,711 | 412 / 1,654 | 900 / 1,606 | 909 / 1,550 | 549 / 1,365 | 599 / 1,284 | 782 / 1,234 | 698 / 1,109 | 715 / 927 | 682 / 860 |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 2 | 2 | 3 | 3 | 4 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.20% | 1.61% | 1.27% | 0.14% | 2.23% | 2.23% | 0.32% | 1.59% | -0.06% | 3.18% | 4.22% | -2.31% |
| Benchmark | -2.19% | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% |
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 | 895/ 922 | 883/ 1,068 | 1,064/ 1,181 | 1,208/ 1,270 | 808/ 1,357 | 52/ 1,499 | 1,584/ 1,606 | 1,602/ 1,654 | 338/ 1,709 |
12.57% (2025)
-5.06% (2018)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 32.40 |
| Canadian Equity | 19.16 |
| US Equity | 16.15 |
| International Equity | 12.92 |
| Cash and Equivalents | 12.13 |
| Other | 7.24 |
| Name | Percent |
|---|---|
| Fixed Income | 38.41 |
| Financial Services | 10.63 |
| Energy | 9.07 |
| Basic Materials | 7.91 |
| Exchange Traded Fund | 7.35 |
| Other | 26.63 |
| Name | Percent |
|---|---|
| North America | 81.05 |
| Europe | 9.70 |
| Asia | 3.56 |
| Latin America | 2.41 |
| Africa and Middle East | 1.58 |
| Other | 1.70 |
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 23.75 |
| Purpose Global Bond Class ETF (IGB) | 15.25 |
| Purpose International Dividend Fund ETF (PID) | 7.39 |
| Purpose Cash Management Fund ETF - Closed | 5.31 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 2.46 |
| Purpose Premium Yield Fund ETF (PYF) | 2.05 |
| Purpose Emerging Markets Dividend Fund ETF (REM) | 2.00 |
| Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) | 1.62 |
| Agnico Eagle Mines Ltd | 1.30 |
| Exxon Mobil Corp | 1.23 |
Purpose Monthly Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.47% | 6.95% | 6.90% |
|---|---|---|---|
| Beta | 0.68% | 0.64% | 0.65% |
| Alpha | 0.02% | 0.02% | 0.00% |
| Rsquared | 0.51% | 0.56% | 0.48% |
| Sharpe | 0.84% | 0.51% | 0.45% |
| Sortino | 1.60% | 0.72% | 0.40% |
| Treynor | 0.08% | 0.05% | 0.05% |
| Tax Efficiency | 74.33% | 62.87% | 51.98% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.35% | 6.47% | 6.95% | 6.90% |
| Beta | 0.64% | 0.68% | 0.64% | 0.65% |
| Alpha | 0.07% | 0.02% | 0.02% | 0.00% |
| Rsquared | 0.54% | 0.51% | 0.56% | 0.48% |
| Sharpe | 1.70% | 0.84% | 0.51% | 0.45% |
| Sortino | 3.45% | 1.60% | 0.72% | 0.40% |
| Treynor | 0.17% | 0.08% | 0.05% | 0.05% |
| Tax Efficiency | 82.95% | 74.33% | 62.87% | 51.98% |
| 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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