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Preferred Sh Fixed Income
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2018
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|
NAVPS (04-02-2025) |
$9.03 |
|---|---|
| Change |
$0.02
(0.21%)
|
As at February 28, 2025
As at December 31, 2024
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Inception Return (October 22, 2004): 6.03%
| 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 | -0.04% | 3.88% | 6.72% | 1.76% | 18.43% | 13.17% | 3.65% | 5.69% | 9.57% | 6.64% | 3.35% | 3.77% | 6.26% | 4.87% |
| Benchmark | 0.45% | 5.37% | 6.80% | 2.71% | 20.90% | 12.99% | 4.37% | 5.54% | 7.81% | 6.20% | 4.21% | 4.69% | 7.32% | 3.79% |
| Category Average | 0.46% | 4.48% | 6.83% | 2.51% | 18.54% | 11.85% | 4.24% | 5.32% | 7.57% | 6.04% | 4.06% | 4.42% | 6.93% | 3.97% |
| Category Rank | 59 / 65 | 58 / 65 | 41 / 63 | 61 / 65 | 47 / 63 | 32 / 63 | 54 / 63 | 44 / 63 | 19 / 58 | 34 / 55 | 40 / 49 | 34 / 39 | 28 / 30 | 9 / 21 |
| Quartile Ranking | 4 | 4 | 3 | 4 | 3 | 3 | 4 | 3 | 2 | 3 | 4 | 4 | 4 | 2 |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.36% | 2.32% | 1.67% | 0.22% | 1.19% | 1.76% | 0.24% | -0.11% | 2.60% | 2.09% | 1.80% | -0.04% |
| Benchmark | 3.47% | 1.22% | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% | -1.38% | 2.29% | 2.59% | 2.25% | 0.45% |
10.92% (April 2020)
-22.15% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.07% | 10.45% | 12.15% | -14.36% | 0.10% | 5.11% | 29.81% | -20.33% | 7.95% | 24.33% |
| Benchmark | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% | 24.70% |
| Category Average | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% | 21.47% |
| Quartile Ranking | 1 | 1 | 3 | 4 | 4 | 3 | 1 | 4 | 1 | 2 |
| Category Rank | 2/ 21 | 5/ 30 | 27/ 36 | 49/ 49 | 52/ 53 | 42/ 58 | 5/ 63 | 63/ 63 | 13/ 63 | 30/ 63 |
29.81% (2021)
-20.33% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 63.95 |
| Cash and Equivalents | 27.68 |
| Canadian Corporate Bonds | 3.16 |
| International Equity | 1.63 |
| Canadian Government Bonds | 1.55 |
| Other | 2.03 |
| Name | Percent |
|---|---|
| Financial Services | 27.83 |
| Cash and Cash Equivalent | 27.68 |
| Energy | 20.50 |
| Utilities | 15.77 |
| Fixed Income | 5.01 |
| Other | 3.21 |
| Name | Percent |
|---|---|
| North America | 98.40 |
| Latin America | 1.63 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 5.09 |
| Canadian Treasury Bill | 4.45 |
| Canada Government 15-Jan-2025 | 3.76 |
| Canada Government 30-Jan-2025 | 3.65 |
| Canada Government 09-Apr-2025 | 3.38 |
| Toronto-Dominion Bank - Pfd Cl A Sr 1 | 3.00 |
| Canada Government 03-Jan-2025 | 2.98 |
| TransAlta Corp - Pfd Sr E | 2.97 |
| Cenovus Energy Inc - Pfd Sr 1 | 2.79 |
| Brookfield Corp - Pfd | 2.19 |
Purpose Canadian Preferred Share Fund Series A
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 12.35% | 16.74% | 13.85% |
|---|---|---|---|
| Beta | 0.98% | 1.07% | 0.97% |
| Alpha | -0.01% | 0.01% | 0.01% |
| Rsquared | 0.95% | 0.95% | 0.84% |
| Sharpe | 0.04% | 0.49% | 0.30% |
| Sortino | 0.15% | 0.62% | 0.26% |
| Treynor | 0.01% | 0.08% | 0.04% |
| Tax Efficiency | 31.28% | 75.69% | 55.08% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.92% | 12.35% | 16.74% | 13.85% |
| Beta | 0.65% | 0.98% | 1.07% | 0.97% |
| Alpha | 0.05% | -0.01% | 0.01% | 0.01% |
| Rsquared | 0.70% | 0.95% | 0.95% | 0.84% |
| Sharpe | 3.32% | 0.04% | 0.49% | 0.30% |
| Sortino | 30.50% | 0.15% | 0.62% | 0.26% |
| Treynor | 0.20% | 0.01% | 0.08% | 0.04% |
| Tax Efficiency | 87.49% | 31.28% | 75.69% | 55.08% |
| 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.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Purpose Investment Partners Inc. |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.75% |
|---|---|
| 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) | - |
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