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North American Equity
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (11-07-2025) |
$45.81 |
|---|---|
| Change |
$0.09
(0.19%)
|
As at September 30, 2025
As at September 30, 2025
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Inception Return (April 29, 2014): 8.10%
| 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 | 3.79% | 6.07% | 21.32% | 18.26% | 18.89% | 28.69% | 26.78% | 4.29% | 7.50% | 9.59% | 7.75% | 8.62% | 9.28% | 8.57% |
| Benchmark | 5.20% | 11.43% | 19.15% | 17.43% | 24.98% | 28.21% | 23.55% | 15.13% | 17.18% | 15.58% | 14.30% | 14.25% | 13.89% | 13.91% |
| Category Average | 1.30% | 5.51% | 12.10% | 8.23% | 10.69% | 18.71% | 16.77% | 8.03% | 11.34% | 11.00% | 9.48% | 9.88% | 9.68% | 9.34% |
| Category Rank | 50 / 188 | 97 / 188 | 9 / 188 | 8 / 187 | 38 / 186 | 19 / 179 | 10 / 172 | 136 / 144 | 122 / 136 | 79 / 112 | 70 / 87 | 58 / 79 | 52 / 78 | 39 / 53 |
| Quartile Ranking | 2 | 3 | 1 | 1 | 1 | 1 | 1 | 4 | 4 | 3 | 4 | 3 | 3 | 3 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.09% | 6.23% | -5.45% | 7.49% | -2.44% | -7.06% | 1.42% | 5.88% | 6.51% | 0.50% | 1.69% | 3.79% |
| Benchmark | 1.48% | 6.48% | -1.51% | 3.47% | -1.01% | -3.77% | -2.34% | 5.72% | 3.56% | 2.72% | 3.12% | 5.20% |
14.91% (April 2020)
-17.01% (April 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.70% | -3.51% | 21.99% | -9.34% | 29.78% | 22.17% | 8.75% | -39.71% | 34.63% | 22.27% |
| Benchmark | 5.50% | 14.85% | 11.54% | -2.58% | 24.09% | 10.91% | 26.72% | -9.17% | 17.51% | 28.77% |
| Category Average | 6.38% | 4.55% | 10.59% | -6.12% | 20.45% | 16.55% | 18.87% | -14.77% | 16.96% | 18.75% |
| Quartile Ranking | 3 | 4 | 1 | 4 | 1 | 1 | 4 | 4 | 1 | 2 |
| Category Rank | 30/ 41 | 59/ 70 | 4/ 79 | 62/ 81 | 8/ 93 | 13/ 119 | 124/ 139 | 142/ 145 | 9/ 172 | 87/ 179 |
34.63% (2023)
-39.71% (2022)
| Name | Percent |
|---|---|
| US Equity | 81.20 |
| International Equity | 16.55 |
| Cash and Equivalents | 2.25 |
| Name | Percent |
|---|---|
| Technology | 47.60 |
| Consumer Services | 12.48 |
| Healthcare | 9.78 |
| Financial Services | 9.02 |
| Industrial Goods | 6.74 |
| Other | 14.38 |
| Name | Percent |
|---|---|
| North America | 83.45 |
| Europe | 6.45 |
| Latin America | 6.44 |
| Asia | 3.65 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Applovin Corp Cl A | 4.88 |
| Alphabet Inc Cl A | 3.66 |
| Taiwan Semiconductor Manufactrg Co Ltd - ADR | 3.65 |
| UnitedHealth Group Inc | 3.55 |
| Autodesk Inc | 3.46 |
| DoorDash Inc Cl A | 3.46 |
| Apple Inc | 3.45 |
| General Electric Co | 3.44 |
| Nu Holdings Ltd Cl A | 3.42 |
| CRH PLC | 3.30 |
Purpose Best Ideas Fund Series A
Median
Other - North American Equity
| Standard Deviation | 15.52% | 20.08% | 18.97% |
|---|---|---|---|
| Beta | 1.16% | 1.39% | 1.36% |
| Alpha | 0.00% | -0.14% | -0.09% |
| Rsquared | 0.71% | 0.74% | 0.74% |
| Sharpe | 1.36% | 0.33% | 0.44% |
| Sortino | 2.76% | 0.44% | 0.53% |
| Treynor | 0.18% | 0.05% | 0.06% |
| Tax Efficiency | 97.71% | 95.12% | 97.39% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 16.44% | 15.52% | 20.08% | 18.97% |
| Beta | 1.19% | 1.16% | 1.39% | 1.36% |
| Alpha | -0.09% | 0.00% | -0.14% | -0.09% |
| Rsquared | 0.71% | 0.71% | 0.74% | 0.74% |
| Sharpe | 0.96% | 1.36% | 0.33% | 0.44% |
| Sortino | 1.62% | 2.76% | 0.44% | 0.53% |
| Treynor | 0.13% | 0.18% | 0.05% | 0.06% |
| Tax Efficiency | 92.56% | 97.71% | 95.12% | 97.39% |
| Start Date | April 29, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $3 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC700 |
The fund seeks to provide shareholders with attractive long-term capital appreciation by investing in a portfolio of North American equities considered to be high conviction securities across a group of some of the world’s most renowned investment managers. The group of investment managers is selected by the manager and the sub-advisor.
The fund invests in a portfolio of equities listed on major North American exchanges selected from a universe of equities held by some of the world’s most renowned investment managers as reported through their public filings. These managers are well respected and exhibit outstanding historical performance records. The sub-advisor may in its discretion change the number of holdings held by the fund. The fund also may engage in short selling as permitted by NI 81-102.
| 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 | 1.87% |
|---|---|
| Management Fee | 1.65% |
| 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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