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Purpose Global Bond Class Series A
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-03-2026) |
$7.59 |
|---|---|
| Change |
$0.00
(-0.03%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (December 18, 2013): 2.29%
| 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 | 0.93% | -0.01% | 0.62% | 0.65% | 4.12% | 5.89% | 6.06% | 4.52% | 2.34% | 3.54% | 2.71% | 2.34% | 2.16% | 2.26% |
| Benchmark | 1.62% | -0.17% | -0.34% | 1.15% | 5.05% | 7.00% | 5.96% | 5.49% | 2.36% | 0.82% | 1.74% | 2.55% | 1.98% | 2.48% |
| Category Average | 0.55% | -0.45% | 0.70% | 0.73% | 4.95% | 5.11% | 4.99% | - | - | - | - | - | - | - |
| Category Rank | 83 / 320 | 131 / 319 | 168 / 313 | 190 / 315 | 217 / 304 | 114 / 282 | 120 / 273 | 107 / 263 | 106 / 253 | 91 / 235 | 110 / 219 | 137 / 202 | 113 / 179 | 121 / 151 |
| Quartile Ranking | 2 | 2 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.51% | 0.23% | 1.15% | 0.72% | -0.27% | 0.10% | -0.04% | 0.32% | 0.34% | -2.23% | 1.33% | 0.93% |
| Benchmark | 1.36% | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% |
Best Monthly Return Since Inception
5.13% (November 2023)
Worst Monthly Return Since Inception
-10.11% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.47% | 3.67% | -3.05% | 2.70% | 5.64% | 1.68% | -8.16% | 7.22% | 6.43% | 5.56% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | 3 | 2 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 |
| Category Rank | 86/ 119 | 81/ 166 | 167/ 192 | 201/ 213 | 90/ 234 | 92/ 247 | 105/ 255 | 128/ 273 | 106/ 282 | 128/ 299 |
Best Calendar Return (Last 10 years)
7.22% (2023)
Worst Calendar Return (Last 10 years)
-8.16% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 56.64 |
| Cash and Equivalents | 24.66 |
| Foreign Government Bonds | 11.33 |
| Canadian Corporate Bonds | 4.63 |
| Canadian Government Bonds | 2.20 |
| Other | 0.54 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 77.94 |
| Cash and Cash Equivalent | 24.66 |
| Other | -2.60 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 73.78 |
| Latin America | 10.27 |
| Europe | 8.61 |
| Africa and Middle East | 5.54 |
| Asia | 0.67 |
| Other | 1.13 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury Bill (USD) | 19.57 |
| United States Treasury Bill (USD) | 3.35 |
| United States Dollar | 1.69 |
| Cash and Cash Equivalents | 1.55 |
| Mexico Government International Bond (USD) 6.13% 09-Feb-2038 | 1.27 |
| CDX ITRAXX.XO.45.V1 R 5% 5.00% 20-Jun-2031 | 1.06 |
| Cox Asset Mexico Sa Cv (USD) 7.75% 08-May-2036 | 1.01 |
| Galaxy Pipeline Asset BdCo Ltd 2.94% 30-Sep-2040 | 0.81 |
| Serbia International Bond (EUR) 4.88% 06-May-2038 | 0.80 |
| Argentina Government 1.50% 09-Jul-2035 | 0.76 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Global Bond Class Series A
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 4.76% | 5.49% | 5.73% |
|---|---|---|---|
| Beta | 0.58 | 0.56 | 0.32 |
| Alpha | 0.03 | 0.01 | 0.02 |
| Rsquared | 0.31% | 0.37% | 0.11% |
| Sharpe | 0.51 | -0.08 | 0.09 |
| Sortino | 1.14 | -0.14 | -0.13 |
| Treynor | 0.04 | -0.01 | 0.02 |
| Tax Efficiency | 65.84% | 16.28% | 21.52% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.41% | 4.76% | 5.49% | 5.73% |
| Beta | 0.33 | 0.58 | 0.56 | 0.32 |
| Alpha | 0.02 | 0.03 | 0.01 | 0.02 |
| Rsquared | 0.15% | 0.31% | 0.37% | 0.11% |
| Sharpe | 0.51 | 0.51 | -0.08 | 0.09 |
| Sortino | 0.43 | 1.14 | -0.14 | -0.13 |
| Treynor | 0.05 | 0.04 | -0.01 | 0.02 |
| Tax Efficiency | 52.80% | 65.84% | 16.28% | 21.52% |
Fund Details
| 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) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC4504 |
Investment Objectives
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.
Investment Strategy
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.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc.
|
|---|---|
| Sub-Advisor |
Purpose Investments Inc. |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 100 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.09% |
|---|---|
| Management Fee | 1.00% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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