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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-19-2025) |
$15.99 |
|---|---|
| Change |
$0.02
(0.11%)
|
As at August 31, 2025
As at August 31, 2025
Inception Return (September 06, 2013): 3.69%
| 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 | 2.23% | 3.67% | 4.37% | 8.11% | 7.92% | 9.56% | 7.12% | 4.34% | 5.73% | 4.74% | 4.54% | 4.04% | 3.78% | 3.99% |
| Benchmark | 1.44% | 5.54% | 3.60% | 6.39% | 12.33% | 13.68% | 12.72% | 5.43% | 6.67% | 7.15% | 6.92% | 7.30% | 6.99% | 7.04% |
| Category Average | 1.38% | 4.13% | 3.26% | 5.96% | 9.06% | 11.17% | 9.42% | 4.01% | 5.93% | 5.80% | 5.45% | 5.52% | 5.41% | 5.35% |
| Category Rank | 75 / 1,753 | 1,248 / 1,751 | 372 / 1,705 | 172 / 1,703 | 1,286 / 1,687 | 1,362 / 1,625 | 1,470 / 1,568 | 753 / 1,432 | 794 / 1,295 | 1,013 / 1,244 | 895 / 1,131 | 918 / 1,006 | 843 / 904 | 736 / 820 |
| Quartile Ranking | 1 | 3 | 1 | 1 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.88% | -0.98% | 1.62% | -2.62% | 2.47% | 1.08% | 0.28% | -1.20% | 1.61% | 1.27% | 0.14% | 2.23% |
| Benchmark | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% | 1.48% | 1.44% |
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 | 734/ 739 | 37/ 846 | 895/ 922 | 889/ 1,061 | 1,051/ 1,172 | 1,197/ 1,259 | 780/ 1,345 | 51/ 1,487 | 1,573/ 1,595 | 1,596/ 1,648 |
10.11% (2016)
-5.49% (2015)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 25.40 |
| Canadian Equity | 20.40 |
| US Equity | 16.95 |
| Cash and Equivalents | 13.12 |
| International Equity | 12.60 |
| Other | 11.53 |
| Name | Percent |
|---|---|
| Fixed Income | 35.12 |
| Financial Services | 9.41 |
| Energy | 7.98 |
| Basic Materials | 7.68 |
| Exchange Traded Fund | 6.79 |
| Other | 33.02 |
| Name | Percent |
|---|---|
| North America | 83.12 |
| Europe | 8.47 |
| Asia | 3.88 |
| Latin America | 1.53 |
| Africa and Middle East | 0.30 |
| Other | 2.70 |
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 19.59 |
| Purpose Global Bond Class ETF (IGB) | 14.59 |
| Purpose International Dividend Fund ETF (PID) | 7.42 |
| Purpose Cash Management Fund ETF - Closed | 4.72 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 4.66 |
| BMO Mid Federal Bond Index ETF (ZFM) | 2.84 |
| Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) | 2.15 |
| Purpose Emerging Markets Dividend Fund ETF (REM) | 2.01 |
| Purpose Premium Yield Fund ETF (PYF) | 1.86 |
| Agnico Eagle Mines Ltd | 1.36 |
Purpose Monthly Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.94% | 6.86% | 6.88% |
|---|---|---|---|
| Beta | 0.75% | 0.65% | 0.62% |
| Alpha | -0.02% | 0.01% | 0.00% |
| Rsquared | 0.66% | 0.58% | 0.43% |
| Sharpe | 0.45% | 0.47% | 0.35% |
| Sortino | 0.94% | 0.62% | 0.23% |
| Treynor | 0.04% | 0.05% | 0.04% |
| Tax Efficiency | 66.12% | 58.95% | 41.22% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.42% | 6.94% | 6.86% | 6.88% |
| Beta | 0.57% | 0.75% | 0.65% | 0.62% |
| Alpha | 0.01% | -0.02% | 0.01% | 0.00% |
| Rsquared | 0.42% | 0.66% | 0.58% | 0.43% |
| Sharpe | 0.87% | 0.45% | 0.47% | 0.35% |
| Sortino | 1.39% | 0.94% | 0.62% | 0.23% |
| Treynor | 0.08% | 0.04% | 0.05% | 0.04% |
| Tax Efficiency | 70.06% | 66.12% | 58.95% | 41.22% |
| 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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