Join Fund Library now and get free access to personalized features to help you manage your investments.
Preferred Sh Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
2018
Click for more information on Fundata’s FundGrade
|
NAVPS (11-21-2024) |
$8.74 |
|---|---|
| Change |
$0.00
(0.05%)
|
As at October 31, 2024
As at September 30, 2024
Loading...
Inception Return (October 22, 2004): 5.80%
| 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 | -0.11% | 1.89% | 5.06% | 18.70% | 29.90% | 10.86% | 0.01% | 10.66% | 8.07% | 3.39% | 2.60% | 4.30% | 5.34% | 4.45% |
| Benchmark | -1.38% | 1.77% | 7.10% | 18.83% | 31.15% | 10.84% | 0.96% | 7.30% | 6.26% | 3.80% | 3.28% | 4.80% | 4.82% | 2.60% |
| Category Average | -0.62% | 2.20% | 6.80% | 16.81% | 28.12% | 10.81% | 1.01% | 7.70% | 6.24% | 3.91% | 3.23% | 4.63% | 4.86% | 3.09% |
| Category Rank | 11 / 67 | 36 / 65 | 63 / 65 | 41 / 65 | 42 / 65 | 43 / 64 | 58 / 63 | 11 / 63 | 18 / 58 | 40 / 52 | 39 / 49 | 31 / 36 | 14 / 24 | 5 / 19 |
| Quartile Ranking | 1 | 3 | 4 | 3 | 3 | 3 | 4 | 1 | 2 | 4 | 4 | 4 | 3 | 2 |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 8.86% | 0.53% | 5.72% | 1.05% | 3.36% | 2.32% | 1.67% | 0.22% | 1.19% | 1.76% | 0.24% | -0.11% |
| Benchmark | 9.47% | 0.82% | 5.81% | 0.13% | 3.47% | 1.22% | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% | -1.38% |
10.92% (April 2020)
-22.15% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.54% | 7.07% | 10.45% | 12.15% | -14.36% | 0.10% | 5.11% | 29.81% | -20.33% | 7.95% |
| Benchmark | 6.82% | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% |
| Category Average | 7.19% | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% |
| Quartile Ranking | 4 | 1 | 1 | 3 | 4 | 4 | 3 | 1 | 4 | 1 |
| Category Rank | 17/ 19 | 2/ 21 | 5/ 30 | 27/ 36 | 49/ 49 | 52/ 53 | 42/ 58 | 5/ 63 | 63/ 63 | 13/ 64 |
29.81% (2021)
-20.33% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 69.51 |
| Cash and Equivalents | 21.04 |
| Canadian Corporate Bonds | 3.09 |
| Foreign Corporate Bonds | 2.26 |
| Canadian Government Bonds | 1.69 |
| Other | 2.41 |
| Name | Percent |
|---|---|
| Financial Services | 28.63 |
| Energy | 25.16 |
| Cash and Cash Equivalent | 21.04 |
| Utilities | 15.85 |
| Fixed Income | 6.14 |
| Other | 3.18 |
| Name | Percent |
|---|---|
| North America | 98.40 |
| Latin America | 1.61 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Canada Government 21-Nov-2024 | 6.91 |
| Cenovus Energy Inc - Pfd Sr 3 | 4.82 |
| Canada Government 18-Dec-2024 | 4.74 |
| Canada Government 10-Oct-2024 | 3.30 |
| Toronto-Dominion Bank - Pfd Cl A Sr 1 | 3.11 |
| TransAlta Corp - Pfd Sr E | 3.10 |
| Cenovus Energy Inc - Pfd Sr 1 | 2.43 |
| Brookfield Corp - Pfd | 2.22 |
| Pembina Pipeline Corp - Pfd Cl A Sr 3 | 2.19 |
| AltaGas Ltd - Pfd Sr G | 2.17 |
Purpose Canadian Preferred Share Fund Series A
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 12.41% | 17.03% | 13.97% |
|---|---|---|---|
| Beta | 0.99% | 1.08% | 0.96% |
| Alpha | -0.01% | 0.01% | 0.02% |
| Rsquared | 0.94% | 0.94% | 0.81% |
| Sharpe | -0.22% | 0.41% | 0.27% |
| Sortino | -0.25% | 0.50% | 0.23% |
| Treynor | -0.03% | 0.07% | 0.04% |
| Tax Efficiency | - | 71.01% | 50.14% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.15% | 12.41% | 17.03% | 13.97% |
| Beta | 0.86% | 0.99% | 1.08% | 0.96% |
| Alpha | 0.03% | -0.01% | 0.01% | 0.02% |
| Rsquared | 0.92% | 0.94% | 0.94% | 0.81% |
| Sharpe | 2.42% | -0.22% | 0.41% | 0.27% |
| Sortino | 66.53% | -0.25% | 0.50% | 0.23% |
| Treynor | 0.26% | -0.03% | 0.07% | 0.04% |
| Tax Efficiency | 91.21% | - | 71.01% | 50.14% |
| Start Date | October 22, 2004 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC1900 |
The fund seeks to provide a consistent stream of income with potential for capital appreciation by investing in Canadian income producing securities and Canadian equities.
The fund will invest in Canadian preferred securities, with a focus on preferred securities; dividend paying Canadian equities; income and royalty trusts; ETFs; and fixed-income investments, with a view to consistent interest or distribution payments. Investments in floating rate preferred securities will be of Canadian issuers whose debt, at a minimum, has an investment grade rating at the time of purchase.
| Name | Start Date |
|---|---|
| Purpose Investment Partners Inc. | 06-18-2018 |
| Purpose Investments Inc. | 06-18-2018 |
| Fund Manager | Purpose Investments Inc. |
|---|---|
| Advisor | Purpose Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Mellon Global Securities Services Company |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.72% |
|---|---|
| Management Fee | 1.50% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
