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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-22-2025) |
$15.67 |
|---|---|
| Change |
$0.06
(0.40%)
|
As at June 30, 2025
As at June 30, 2025
Inception Return (September 06, 2013): 3.53%
| 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 | 1.27% | 1.66% | 5.60% | 5.60% | 10.53% | 8.27% | 6.86% | 4.09% | 5.92% | 4.47% | 4.19% | 3.71% | 3.66% | 3.43% |
| Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
| Category Average | 1.87% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.12% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
| Category Rank | 1,532 / 1,816 | 1,390 / 1,771 | 102 / 1,769 | 102 / 1,769 | 926 / 1,749 | 1,489 / 1,681 | 1,567 / 1,621 | 925 / 1,478 | 838 / 1,352 | 1,063 / 1,295 | 994 / 1,165 | 946 / 1,039 | 888 / 939 | 770 / 817 |
| Quartile Ranking | 4 | 4 | 1 | 1 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.34% | 1.45% | 1.88% | -0.98% | 1.62% | -2.62% | 2.47% | 1.08% | 0.28% | -1.20% | 1.61% | 1.27% |
| Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
5.76% (April 2020)
-10.01% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -5.49% | 10.11% | 2.29% | -5.06% | 10.11% | 2.22% | 8.60% | -3.69% | 4.61% | 7.01% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | 4 | 1 | 4 | 4 | 4 | 4 | 3 | 1 | 4 | 4 |
| Category Rank | 776/ 781 | 37/ 890 | 942/ 969 | 917/ 1,115 | 1,114/ 1,235 | 1,260/ 1,326 | 813/ 1,412 | 51/ 1,554 | 1,638/ 1,660 | 1,661/ 1,714 |
10.11% (2016)
-5.49% (2015)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 27.95 |
| Canadian Equity | 17.74 |
| US Equity | 16.65 |
| Cash and Equivalents | 12.62 |
| International Equity | 12.35 |
| Other | 12.69 |
| Name | Percent |
|---|---|
| Fixed Income | 38.79 |
| Financial Services | 9.31 |
| Energy | 7.73 |
| Basic Materials | 7.17 |
| Exchange Traded Fund | 7.01 |
| Other | 29.99 |
| Name | Percent |
|---|---|
| North America | 82.13 |
| Europe | 9.00 |
| Asia | 3.63 |
| Latin America | 1.86 |
| Africa and Middle East | 0.54 |
| Other | 2.84 |
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 19.73 |
| Purpose Global Bond Fund ETF (BND) | 14.74 |
| Purpose International Dividend Fund ETF (PID) | 7.28 |
| Purpose Cash Management Fund ETF - Closed | 4.90 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 4.75 |
| BMO Mid Federal Bond Index ETF (ZFM) | 2.90 |
| Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) | 2.08 |
| Purpose Emerging Markets Dividend Fund ETF (REM) | 2.02 |
| Purpose Premium Yield Fund ETF (PYF) | 1.90 |
| Cash and Cash Equivalents | 1.35 |
Purpose Monthly Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 7.00% | 6.86% | 6.92% |
|---|---|---|---|
| Beta | 0.73% | 0.65% | 0.60% |
| Alpha | -0.02% | 0.02% | -0.01% |
| Rsquared | 0.67% | 0.59% | 0.42% |
| Sharpe | 0.42% | 0.51% | 0.27% |
| Sortino | 0.87% | 0.66% | 0.12% |
| Treynor | 0.04% | 0.05% | 0.03% |
| Tax Efficiency | 64.82% | 60.14% | 30.65% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.87% | 7.00% | 6.86% | 6.92% |
| Beta | 0.60% | 0.73% | 0.65% | 0.60% |
| Alpha | 0.03% | -0.02% | 0.02% | -0.01% |
| Rsquared | 0.47% | 0.67% | 0.59% | 0.42% |
| Sharpe | 1.17% | 0.42% | 0.51% | 0.27% |
| Sortino | 2.09% | 0.87% | 0.66% | 0.12% |
| Treynor | 0.11% | 0.04% | 0.05% | 0.03% |
| Tax Efficiency | 76.94% | 64.82% | 60.14% | 30.65% |
| 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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