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Preferred Sh Fixed Income
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2018
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|
NAVPS (04-30-2024) |
$8.47 |
|---|---|
| Change |
$0.03
(0.35%)
|
As at March 31, 2024
As at March 31, 2024
As at February 29, 2024
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Inception Return (October 22, 2004): 5.58%
| 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 | 3.36% | 10.42% | 18.43% | 10.42% | 18.05% | -1.45% | 2.06% | 15.35% | 5.53% | 1.86% | 2.02% | 4.69% | 3.91% | 4.19% |
| Benchmark | 3.47% | 9.62% | 17.59% | 9.62% | 13.52% | -1.22% | 1.41% | 11.77% | 4.28% | 2.35% | 2.80% | 5.01% | 2.49% | 2.13% |
| Category Average | 3.15% | 15.84% | 15.84% | 8.36% | 13.77% | -0.57% | 1.63% | 11.73% | 4.43% | 2.49% | 2.74% | 4.97% | 2.86% | 2.71% |
| Category Rank | 43 / 71 | 28 / 71 | 26 / 71 | 28 / 71 | 13 / 70 | 57 / 69 | 40 / 69 | 10 / 64 | 23 / 61 | 40 / 55 | 41 / 52 | 27 / 34 | 6 / 24 | 4 / 22 |
| Quartile Ranking | 3 | 2 | 2 | 2 | 1 | 4 | 3 | 1 | 2 | 3 | 4 | 4 | 1 | 1 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.14% | -3.75% | 2.74% | 2.31% | -3.91% | 2.40% | -1.99% | 8.86% | 0.53% | 5.72% | 1.05% | 3.36% |
| Benchmark | 0.27% | -3.57% | 1.28% | 1.45% | -4.21% | 1.44% | -2.80% | 9.47% | 0.82% | 5.81% | 0.13% | 3.47% |
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/ 22 | 2/ 24 | 5/ 34 | 28/ 41 | 55/ 55 | 56/ 59 | 48/ 64 | 5/ 69 | 69/ 69 | 15/ 70 |
29.81% (2021)
-20.33% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 82.93 |
| Cash and Equivalents | 11.65 |
| Canadian Corporate Bonds | 2.17 |
| International Equity | 1.61 |
| Foreign Corporate Bonds | 1.03 |
| Other | 0.61 |
| Name | Percent |
|---|---|
| Financial Services | 40.94 |
| Energy | 25.32 |
| Utilities | 16.79 |
| Cash and Cash Equivalent | 11.65 |
| Fixed Income | 2.52 |
| Other | 2.78 |
| Name | Percent |
|---|---|
| North America | 98.42 |
| Latin America | 1.61 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| Cenovus Energy Inc - Pfd Sr 3 | 4.73 |
| Toronto-Dominion Bank - Pfd Cl B Sr 3 | 4.57 |
| Royal Bank of Canada - Pfd Sr AZ | 3.84 |
| TransAlta Corp - Pfd Sr E | 3.18 |
| Toronto-Dominion Bank - Pfd Cl A Sr 1 | 3.09 |
| Canada Government 0.00% 06-Jun-2024 | 3.09 |
| Canada Government 0.00% 20-Jun-2024 | 2.93 |
| Bank of Montreal - Pfd Sr 27 | 2.81 |
| Cenovus Energy Inc - Pfd Sr 1 | 2.47 |
| AltaGas Ltd - Pfd Sr G | 2.39 |
Purpose Canadian Preferred Share Fund Series A
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 12.78% | 17.50% | 14.06% |
|---|---|---|---|
| Beta | 1.03% | 1.10% | 0.97% |
| Alpha | 0.01% | 0.01% | 0.02% |
| Rsquared | 0.95% | 0.95% | 0.81% |
| Sharpe | 0.02% | 0.29% | 0.27% |
| Sortino | -0.02% | 0.30% | 0.20% |
| Treynor | 0.00% | 0.05% | 0.04% |
| Tax Efficiency | - | 57.44% | 46.47% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 12.81% | 12.78% | 17.50% | 14.06% |
| Beta | 0.94% | 1.03% | 1.10% | 0.97% |
| Alpha | 0.05% | 0.01% | 0.01% | 0.02% |
| Rsquared | 0.97% | 0.95% | 0.95% | 0.81% |
| Sharpe | 0.99% | 0.02% | 0.29% | 0.27% |
| Sortino | 2.33% | -0.02% | 0.30% | 0.20% |
| Treynor | 0.13% | 0.00% | 0.05% | 0.04% |
| Tax Efficiency | 85.83% | - | 57.44% | 46.47% |
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 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) | - |
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