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Alternative Market Neutrl
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-17-2025) |
$21.88 |
|---|---|
| Change |
$0.19
(0.89%)
|
As at June 30, 2025
As at June 30, 2025
Inception Return (October 14, 2014): 1.14%
| 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 | 2.94% | 1.87% | -0.91% | -0.91% | 4.42% | 8.24% | 7.86% | 3.62% | 4.64% | 0.69% | -0.38% | 0.81% | 1.05% | 0.87% |
| Benchmark | 2.91% | 8.53% | 10.17% | 10.17% | 26.37% | 19.03% | 16.09% | 10.74% | 15.02% | 11.96% | 10.77% | 10.72% | 10.76% | 9.61% |
| Category Average | 0.77% | 2.42% | 2.66% | 2.66% | 6.00% | 6.75% | 5.87% | 1.62% | 2.47% | 0.84% | - | - | - | - |
| Category Rank | 3 / 43 | 26 / 43 | 40 / 43 | 40 / 43 | 24 / 40 | 10 / 37 | 12 / 33 | 14 / 26 | 13 / 16 | 14 / 14 | - | - | - | - |
| Quartile Ranking | 1 | 3 | 4 | 4 | 3 | 2 | 2 | 3 | 4 | 4 | - | - | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.09% | -1.98% | 1.75% | 1.67% | 3.15% | -0.34% | 1.21% | -1.24% | -2.68% | -3.34% | 2.37% | 2.94% |
| Benchmark | 5.87% | 1.22% | 3.15% | 0.85% | 6.37% | -3.27% | 3.48% | -0.40% | -1.51% | -0.10% | 5.56% | 2.91% |
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 | 41.42 |
| Cash and Equivalents | 21.26 |
| International Equity | 13.73 |
| Foreign Corporate Bonds | 11.85 |
| Foreign Government Bonds | 11.84 |
| Name | Percent |
|---|---|
| Fixed Income | 23.73 |
| Technology | 17.33 |
| Cash and Cash Equivalent | 14.52 |
| Financial Services | 7.79 |
| Exchange Traded Fund | 6.73 |
| Other | 29.90 |
| Name | Percent |
|---|---|
| North America | 75.75 |
| Europe | 12.66 |
| Latin America | 4.90 |
| Asia | 3.51 |
| Africa and Middle East | 3.43 |
| Name | Percent |
|---|---|
| Purpose Tactical Hedged Equity Fund ETF NCH(PHE.B) | 45.45 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 11.95 |
| iShares JPMorgan USD EM Bond ETF (EMB) | 11.94 |
| Purpose International Tactical Hgd Eq Fd ETF (PHW) | 10.13 |
| Purpose Cash Management Fund ETF - Closed | 6.73 |
| Purpose USD Cash Management Fund Class A | 6.70 |
| Cash and Cash Equivalents | 4.97 |
| Margin - US Dollar | 1.91 |
| Margin - Pound Sterling | 0.94 |
| Canadian Dollar - Margin | 0.73 |
Purpose Multi-Strategy Market Neutral Fund Class A
Median
Other - Alternative Market Neutrl
| Standard Deviation | 5.57% | 5.89% | 7.08% |
|---|---|---|---|
| Beta | 0.20% | 0.23% | 0.33% |
| Alpha | 0.05% | 0.01% | -0.02% |
| Rsquared | 0.20% | 0.24% | 0.37% |
| Sharpe | 0.67% | 0.38% | -0.09% |
| Sortino | 1.33% | 0.41% | -0.31% |
| Treynor | 0.19% | 0.10% | -0.02% |
| Tax Efficiency | 100.00% | 100.00% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.73% | 5.57% | 5.89% | 7.08% |
| Beta | 0.52% | 0.20% | 0.23% | 0.33% |
| Alpha | -0.08% | 0.05% | 0.01% | -0.02% |
| Rsquared | 0.51% | 0.20% | 0.24% | 0.37% |
| Sharpe | 0.16% | 0.67% | 0.38% | -0.09% |
| Sortino | 0.30% | 1.33% | 0.41% | -0.31% |
| Treynor | 0.02% | 0.19% | 0.10% | -0.02% |
| Tax Efficiency | 100.00% | 100.00% | 100.00% | - |
| 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) | $0 |
| 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 | 2.36% |
|---|---|
| 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) | - |
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