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Tactical Balanced
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NAVPS (02-07-2025) |
$14.89 |
---|---|
Change |
-$0.10
(-0.65%)
|
As at December 31, 2024
As at December 31, 2024
Inception Return (November 17, 2015): 5.00%
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 | -1.11% | 2.91% | 4.42% | 10.00% | 10.00% | 8.97% | 2.69% | 4.30% | 5.84% | 6.91% | 5.53% | 5.24% | 5.14% | - |
Benchmark | 0.17% | 3.26% | 8.97% | 17.48% | 17.48% | 14.55% | 5.06% | 5.42% | 6.53% | 7.47% | 6.77% | 7.00% | 6.48% | 7.49% |
Category Average | -1.77% | 0.86% | 6.15% | 11.73% | 11.73% | 10.03% | 2.97% | 4.57% | 4.78% | 6.04% | 4.31% | 4.54% | 4.68% | 4.23% |
Category Rank | 113 / 344 | 51 / 344 | 282 / 342 | 249 / 338 | 249 / 338 | 225 / 336 | 196 / 335 | 200 / 314 | 118 / 312 | 123 / 291 | 110 / 273 | 119 / 254 | 107 / 192 | - |
Quartile Ranking | 2 | 1 | 4 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 3 | - |
Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.28% | 1.90% | 2.61% | -1.87% | 1.08% | 1.29% | 3.01% | -2.11% | 0.63% | 1.31% | 2.71% | -1.11% |
Benchmark | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% |
6.75% (April 2020)
-5.24% (June 2022)
Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | 4.36% | 3.24% | -2.38% | 12.45% | 12.21% | 9.31% | -8.81% | 7.94% | 10.00% |
Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
Category Average | 0.31% | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% | 11.73% |
Quartile Ranking | - | 3 | 4 | 2 | 3 | 1 | 3 | 2 | 3 | 3 |
Category Rank | - | 136/ 192 | 228/ 254 | 74/ 273 | 179/ 291 | 29/ 312 | 209/ 314 | 134/ 335 | 193/ 336 | 249/ 338 |
12.45% (2019)
-8.81% (2022)
Name | Percent |
---|---|
Canadian Government Bonds | 33.53 |
Foreign Corporate Bonds | 22.00 |
US Equity | 16.70 |
Canadian Corporate Bonds | 15.63 |
Canadian Equity | 6.55 |
Other | 5.59 |
Name | Percent |
---|---|
Fixed Income | 55.60 |
Exchange Traded Fund | 18.54 |
Technology | 9.33 |
Financial Services | 3.36 |
Consumer Services | 2.70 |
Other | 10.47 |
Name | Percent |
---|---|
North America | 98.84 |
Asia | 0.48 |
Europe | 0.42 |
Latin America | 0.15 |
Africa and Middle East | 0.01 |
Other | 0.10 |
Name | Percent |
---|---|
iShares Core Canadian Short Term Bon Idx ETF (XSB) | 34.18 |
Vanguard Short-Term Bond Index ETF (BSV) | 18.54 |
iShares Core Canadian Universe Bond Idx ETF (XBB) | 16.14 |
Invesco QQQ ETF (QQQ) | 10.83 |
Vanguard Total Stock Market Index ETF (VTI) | 6.63 |
iShares S&P/TSX 60 Index ETF (XIU) | 6.57 |
Vanguard Total Bond Market Index ETF (BND) | 5.42 |
Cash and Cash Equivalents | 1.40 |
Purpose USD Cash Management Fund | 0.53 |
United States Dollar | 0.35 |
Purpose Tactical Asset Allocation Fund Series A
Median
Other - Tactical Balanced
Standard Deviation | 7.83% | 7.80% | - |
---|---|---|---|
Beta | 0.76% | 0.82% | - |
Alpha | -0.01% | 0.01% | - |
Rsquared | 0.78% | 0.76% | - |
Sharpe | -0.09% | 0.47% | - |
Sortino | -0.01% | 0.58% | - |
Treynor | -0.01% | 0.04% | - |
Tax Efficiency | 97.70% | 99.29% | - |
Volatility |
|
|
- |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.01% | 7.83% | 7.80% | - |
Beta | 1.00% | 0.76% | 0.82% | - |
Alpha | -0.07% | -0.01% | 0.01% | - |
Rsquared | 0.72% | 0.78% | 0.76% | - |
Sharpe | 0.89% | -0.09% | 0.47% | - |
Sortino | 1.95% | -0.01% | 0.58% | - |
Treynor | 0.05% | -0.01% | 0.04% | - |
Tax Efficiency | 100.00% | 97.70% | 99.29% | - |
Start Date | November 17, 2015 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Corporation |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Annual |
Assets ($mil) | - |
FundServ Code | Load Code | Sales Status |
---|---|---|
PFC3900 |
The fund seeks to provide long-term capital appreciation with lower volatility and correlation to the overall equity markets by investing in ETFs that are listed on North American exchanges and that represent North American equities, bonds and cash, using a tactical approach. The fund’s tactical investment approach can allocate the portfolio to equities, bonds and cash to achieve its objectives.
The portfolio manager will employ a proprietary, quantitatively driven investment process which drives its asset allocation decisions. The fund’s quantitative approach provides signals to the portfolio management team to increase equity exposure in up-markets and increase bond exposure in down-markets, in an effort to generate returns and also to avoid significant market declines.
Name | Start Date |
---|---|
Purpose Investments Inc. | 04-14-2022 |
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 | 2.00% |
---|---|
Management Fee | 1.75% |
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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