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Multi-Sector Fixed Income
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|
NAVPS (09-06-2024) |
$7.78 |
|---|---|
| Change |
$0.01
(0.10%)
|
As at July 31, 2024
As at July 31, 2024
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Inception Return (December 18, 2013): 1.84%
| 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 | 1.95% | 3.79% | 3.02% | 3.50% | 8.17% | 5.50% | 0.57% | 2.01% | 1.88% | 1.66% | 1.46% | 1.51% | 1.29% | 1.32% |
| Benchmark | 3.56% | 5.08% | 5.41% | 5.90% | 10.68% | 6.44% | -0.46% | -1.52% | 0.72% | 1.82% | 2.12% | 1.57% | 2.32% | 3.46% |
| Category Average | 1.77% | 2.66% | 2.66% | 2.64% | 6.34% | - | - | - | - | - | - | - | - | - |
| Category Rank | 90 / 296 | 162 / 295 | 144 / 293 | 105 / 293 | 83 / 284 | 71 / 283 | 87 / 276 | 67 / 250 | 78 / 238 | 133 / 219 | 112 / 182 | 106 / 156 | 94 / 120 | 78 / 95 |
| Quartile Ranking | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.12% | -2.32% | -1.22% | 5.13% | 3.15% | 0.47% | -0.48% | 1.00% | -1.25% | 1.14% | 0.66% | 1.95% |
| Benchmark | 1.72% | -2.75% | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% | 0.36% | 1.11% | 3.56% |
5.13% (November 2023)
-10.11% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.15% | -3.14% | 4.47% | 3.67% | -3.05% | 2.70% | 5.64% | 1.68% | -8.16% | 7.22% |
| Benchmark | 11.01% | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 3 | 4 | 2 | 2 | 4 | 4 | 2 | 1 | 2 | 2 |
| Category Rank | 44/ 80 | 98/ 107 | 65/ 131 | 70/ 168 | 185/ 204 | 229/ 234 | 111/ 248 | 65/ 266 | 101/ 276 | 104/ 284 |
7.22% (2023)
-8.16% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 49.53 |
| Foreign Government Bonds | 21.47 |
| Cash and Equivalents | 19.92 |
| Canadian Corporate Bonds | 6.97 |
| Foreign Bonds - Other | 5.59 |
| Other | -3.48 |
| Name | Percent |
|---|---|
| Fixed Income | 86.44 |
| Cash and Cash Equivalent | 19.92 |
| Healthcare | 0.29 |
| Financial Services | 0.25 |
| Other | -6.90 |
| Name | Percent |
|---|---|
| North America | 68.55 |
| Europe | 13.09 |
| Latin America | 6.90 |
| Africa and Middle East | 3.42 |
| Asia | 2.06 |
| Other | 5.98 |
| Name | Percent |
|---|---|
| Purpose Global Bond Fund ETF (BND) | 100.24 |
| Canadian Dollar | -0.24 |
Purpose Global Bond Class Series A
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 6.60% | 7.60% | 6.19% |
|---|---|---|---|
| Beta | 0.62% | 0.47% | 0.15% |
| Alpha | 0.01% | 0.02% | 0.01% |
| Rsquared | 0.43% | 0.16% | 0.03% |
| Sharpe | -0.36% | 0.00% | 0.00% |
| Sortino | -0.47% | -0.14% | -0.31% |
| Treynor | -0.04% | 0.00% | 0.00% |
| Tax Efficiency | - | 11.82% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.09% | 6.60% | 7.60% | 6.19% |
| Beta | 0.90% | 0.62% | 0.47% | 0.15% |
| Alpha | -0.01% | 0.01% | 0.02% | 0.01% |
| Rsquared | 0.50% | 0.43% | 0.16% | 0.03% |
| Sharpe | 0.46% | -0.36% | 0.00% | 0.00% |
| Sortino | 1.50% | -0.47% | -0.14% | -0.31% |
| Treynor | 0.04% | -0.04% | 0.00% | 0.00% |
| Tax Efficiency | 75.33% | - | 11.82% | - |
| Start Date | December 18, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC4504 |
The investment objective of the fund is to provide Shareholders with exposure to a diversified portfolio of corporate, government or other bonds, and debt instruments or debt-like securities, of investment grade and noninvestment grade North American and/or international issuers. This could include investments in corporate bonds, notes, floating rate notes, convertible bonds, preferred shares, bank loans, government bonds or other income-producing securities.
The fund invests primarily in the Purpose Tactical Bond Fund (the "underlying fund"), which is also managed by the manager. In accordance with its investment objective, the underlying fund will invest primarily in corporate fixed-income securities. The fund may invest up to 25% of its assets in fixed income securities that are rated below investment grade. The underlying fund may also invest in government and other sovereign debt.
| Name | Start Date |
|---|---|
| Sandy Liang | 12-10-2020 |
| Purpose Investments Inc. | 04-12-2024 |
| Fund Manager | Purpose Investments Inc. |
|---|---|
| Advisor | Purpose Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Mellon Global Securities Services Company |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 100 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.09% |
|---|---|
| Management Fee | 1.00% |
| 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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