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Purpose Global Bond Fund Class 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) |
$16.58 |
|---|---|
| Change |
$0.00
(-0.02%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (October 28, 2015): 2.51%
| 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 | 1.02% | 0.22% | 1.08% | 1.02% | 5.65% | 6.65% | 6.65% | 4.96% | 2.70% | 3.91% | 3.13% | 2.93% | 2.31% | 2.42% |
| 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 | 55 / 320 | 103 / 319 | 108 / 313 | 129 / 315 | 109 / 304 | 60 / 282 | 81 / 273 | 85 / 263 | 84 / 253 | 70 / 235 | 81 / 219 | 101 / 202 | 108 / 179 | 108 / 151 |
| Quartile Ranking | 1 | 2 | 2 | 2 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.51% | 0.25% | 1.17% | 1.11% | 0.21% | 0.19% | 0.06% | 0.39% | 0.41% | -2.14% | 1.38% | 1.02% |
| 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
5.19% (November 2023)
Worst Monthly Return Since Inception
-10.53% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.51% | 1.08% | -1.38% | 3.79% | 5.71% | 1.88% | -8.18% | 7.45% | 6.56% | 6.63% |
| 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 | 4 | 4 | 3 | 4 | 2 | 2 | 2 | 2 | 2 | 1 |
| Category Rank | 107/ 119 | 132/ 166 | 104/ 192 | 191/ 213 | 84/ 234 | 83/ 247 | 106/ 255 | 114/ 273 | 103/ 282 | 56/ 299 |
Best Calendar Return (Last 10 years)
7.45% (2023)
Worst Calendar Return (Last 10 years)
-8.18% (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 Fund Class A
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 4.76% | 5.54% | 5.77% |
|---|---|---|---|
| Beta | 0.58 | 0.57 | 0.38 |
| Alpha | 0.03 | 0.01 | 0.02 |
| Rsquared | 0.32% | 0.38% | 0.15% |
| Sharpe | 0.63 | -0.02 | 0.11 |
| Sortino | 1.38 | -0.05 | -0.10 |
| Treynor | 0.05 | 0.00 | 0.02 |
| Tax Efficiency | 65.31% | 21.92% | - |
| Volatility |
|
|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.35% | 4.76% | 5.54% | 5.77% |
| Beta | 0.36 | 0.58 | 0.57 | 0.38 |
| Alpha | 0.04 | 0.03 | 0.01 | 0.02 |
| Rsquared | 0.19% | 0.32% | 0.38% | 0.15% |
| Sharpe | 0.96 | 0.63 | -0.02 | 0.11 |
| Sortino | 1.07 | 1.38 | -0.05 | -0.10 |
| Treynor | 0.09 | 0.05 | 0.00 | 0.02 |
| Tax Efficiency | 57.84% | 65.31% | 21.92% | - |
Fund Details
| Start Date | October 28, 2015 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2100 |
Investment Objectives
The fund seeks to achieve a positive total return (including through both capital appreciation and distributions) in diverse market environments over time by tactically allocating its assets primarily among a broad range of government and corporate investment grade fixed income securities from around the world.
Investment Strategy
The fund will obtain exposure primarily to a portfolio (the “Portfolio”) of government and corporate investment grade fixed income securities from around the world, the average rating of which will be investment grade. The fund may invest up to 20% of its net asset value in high yield fixed income securities rated below investment grade and up to 15% of its net asset value in structured corporate credit products such as CLO debt tranches and other types of asset-backed securities.
Portfolio Management
| Portfolio Manager |
Neuberger Berman Investment Advisers LLC
|
|---|---|
| Sub-Advisor |
Neuberger Berman Investment Advisers LLC |
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 | 5,000 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 15,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 0.98% |
|---|---|
| Management Fee | 0.85% |
| 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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