Try Fund Library Premium
For Free with a 30 day trial!
Alternative Market Neutrl
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Click for more information on Fundata’s ESG Grade.
|
NAVPS (04-02-2025) |
$21.40 |
|---|---|
| Change |
$0.05
(0.24%)
|
As at February 28, 2025
As at February 28, 2025
As at December 31, 2024
Loading...
Inception Return (October 14, 2014): 1.26%
| 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 | -1.24% | -0.39% | 6.30% | -0.05% | 11.74% | 10.39% | 7.08% | 5.48% | 2.18% | -0.05% | 0.08% | 0.58% | 1.31% | 0.68% |
| Benchmark | -0.40% | -0.31% | 10.31% | 3.06% | 22.45% | 15.63% | 9.72% | 12.23% | 12.73% | 11.38% | 10.72% | 9.76% | 11.18% | 8.50% |
| Category Average | 0.20% | 1.25% | 3.50% | 0.72% | 7.40% | 6.78% | 4.61% | 1.36% | 1.02% | - | - | - | - | - |
| Category Rank | 43 / 44 | 37 / 44 | 10 / 44 | 36 / 44 | 6 / 38 | 7 / 37 | 11 / 33 | 12 / 23 | 15 / 16 | 12 / 12 | - | - | - | - |
| Quartile Ranking | 4 | 4 | 1 | 4 | 1 | 1 | 2 | 3 | 4 | 4 | - | - | - | - |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.83% | -0.43% | 0.78% | 2.82% | 1.09% | -1.98% | 1.75% | 1.67% | 3.15% | -0.34% | 1.21% | -1.24% |
| Benchmark | 4.14% | -1.82% | 2.77% | -1.42% | 5.87% | 1.22% | 3.15% | 0.85% | 6.37% | -3.27% | 3.48% | -0.40% |
3.27% (November 2015)
-10.65% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.11% | 2.50% | 5.68% | -3.27% | 0.03% | -15.22% | 4.26% | -4.27% | 4.72% | 17.23% |
| Benchmark | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% |
| Category Average | - | - | - | - | - | -3.57% | -6.24% | -1.79% | 4.02% | 9.41% |
| Quartile Ranking | - | - | - | - | - | 4 | 3 | 4 | 1 | 1 |
| Category Rank | - | - | - | - | - | 16/ 16 | 12/ 23 | 31/ 33 | 9/ 37 | 7/ 37 |
17.23% (2024)
-15.22% (2020)
| Name | Percent |
|---|---|
| US Equity | 39.72 |
| Cash and Equivalents | 15.84 |
| Foreign Government Bonds | 15.65 |
| Foreign Corporate Bonds | 15.25 |
| International Equity | 13.20 |
| Other | 0.34 |
| Name | Percent |
|---|---|
| Fixed Income | 30.94 |
| Technology | 15.63 |
| Cash and Cash Equivalent | 13.25 |
| Financial Services | 6.73 |
| Consumer Services | 5.90 |
| Other | 27.55 |
| Name | Percent |
|---|---|
| North America | 73.00 |
| Europe | 13.40 |
| Latin America | 5.39 |
| Africa and Middle East | 4.68 |
| Asia | 3.67 |
| Other | -0.14 |
| Name | Percent |
|---|---|
| Purpose Tactical Hedged Equity Fund ETF NCH(PHE.B) | 44.82 |
| iShares JPMorgan USD EM Bond ETF (EMB) | 15.64 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 15.49 |
| Purpose International Tactical Hgd Eq Fd ETF (PHW) | 10.07 |
| Purpose USD Cash Management Fund Class A | 8.29 |
| Cash and Cash Equivalents | 3.66 |
| Purpose Cash Management Fund ETF - Closed | 2.59 |
| Margin - Pound Sterling | 0.91 |
| Margin - US Dollar | 0.61 |
| Canadian Dollar - Margin | 0.59 |
Purpose Multi-Strategy Market Neutral Fund Class A
Median
Other - Alternative Market Neutrl
| Standard Deviation | 4.78% | 7.29% | 7.00% |
|---|---|---|---|
| Beta | 0.18% | 0.29% | 0.31% |
| Alpha | 0.05% | -0.01% | -0.02% |
| Rsquared | 0.28% | 0.40% | 0.33% |
| Sharpe | 0.66% | 0.01% | -0.11% |
| Sortino | 1.40% | -0.09% | -0.35% |
| Treynor | 0.17% | 0.00% | -0.02% |
| Tax Efficiency | 100.00% | 100.00% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.73% | 4.78% | 7.29% | 7.00% |
| Beta | 0.27% | 0.18% | 0.29% | 0.31% |
| Alpha | 0.06% | 0.05% | -0.01% | -0.02% |
| Rsquared | 0.25% | 0.28% | 0.40% | 0.33% |
| Sharpe | 1.26% | 0.66% | 0.01% | -0.11% |
| Sortino | 2.93% | 1.40% | -0.09% | -0.35% |
| Treynor | 0.27% | 0.17% | 0.00% | -0.02% |
| Tax Efficiency | 100.00% | 100.00% | 100.00% | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| Start Date | October 14, 2014 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC1400 |
The fund seeks to provide unitholders with positive absolute returns that are not correlated to the broader securities markets. The fund will utilize a multi-strategy approach by allocating its assets across various asset classes including equities, currencies and commodities. The aggregate gross exposure of the fund shall not exceed the limits on the use of leverage or as otherwise permitted under applicable securities legislation.
The fund seeks to achieve its investment objectives by investing in long and short positions across multiple asset classes, which may include, but are not limited to, equity securities, fixed income securities, commodities and currencies. Positions are chosen by the investment advisor based on an analysis of technical trends and fundamental outperformance factors that are tailored to each asset class.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Neuberger Berman Canada 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 | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.22% |
|---|---|
| Management Fee | 1.95% |
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
