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Tactical Balanced
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Click for more information on Fundata’s FundGrade.
2021, 2020
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|
NAVPS (07-22-2025) |
$15.23 |
|---|---|
| Change |
-$0.03
(-0.18%)
|
As at June 30, 2025
As at June 30, 2025
Inception Return (November 17, 2015): 4.91%
| 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 | 2.23% | 2.83% | 1.64% | 1.64% | 6.13% | 7.45% | 7.50% | 2.73% | 5.17% | 5.39% | 5.48% | 5.35% | 5.43% | - |
| Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
| Category Average | 1.95% | 3.24% | 3.79% | 3.79% | 10.18% | 9.85% | 8.92% | 4.06% | 6.24% | 5.27% | 4.87% | 4.65% | 4.89% | 4.35% |
| Category Rank | 90 / 322 | 153 / 321 | 246 / 318 | 246 / 318 | 282 / 318 | 253 / 313 | 227 / 312 | 238 / 306 | 209 / 296 | 148 / 288 | 129 / 265 | 121 / 250 | 124 / 241 | - |
| Quartile Ranking | 2 | 2 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 3 | 2 | 2 | 3 | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.01% | -2.11% | 0.63% | 1.31% | 2.71% | -1.11% | 1.35% | -0.48% | -2.00% | -1.45% | 2.06% | 2.23% |
| Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
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 | - | 128/ 182 | 218/ 244 | 65/ 258 | 173/ 275 | 29/ 295 | 199/ 297 | 134/ 311 | 184/ 312 | 229/ 314 |
12.45% (2019)
-8.81% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 45.76 |
| US Equity | 28.57 |
| Canadian Government Bonds | 8.38 |
| Foreign Corporate Bonds | 7.37 |
| Canadian Corporate Bonds | 2.86 |
| Other | 7.06 |
| Name | Percent |
|---|---|
| Exchange Traded Fund | 26.05 |
| Fixed Income | 16.52 |
| Financial Services | 16.26 |
| Technology | 11.45 |
| Energy | 5.99 |
| Other | 23.73 |
| Name | Percent |
|---|---|
| North America | 99.11 |
| Europe | 0.52 |
| Latin America | 0.28 |
| Asia | 0.03 |
| Other | 0.06 |
| Name | Percent |
|---|---|
| iShares S&P/TSX 60 Index ETF (XIU) | 36.99 |
| SPDR S&P 500 ETF Trust (SPY) | 18.69 |
| iShares Core Canadian Universe Bond Idx ETF (XBB) | 10.99 |
| Invesco QQQ ETF (QQQ) | 10.34 |
| Global X S&P/TSX 60 Index ETF | 9.10 |
| Vanguard Short-Term Bond Index ETF (BSV) | 6.61 |
| Vanguard Total Bond Market Index ETF (BND) | 5.36 |
| Cash and Cash Equivalents | 0.84 |
| United States Dollar | 0.74 |
| Vanguard Canadian Short-Term Bond Index ETF (VSB) | 0.34 |
Purpose Tactical Asset Allocation Fund Series A
Median
Other - Tactical Balanced
| Standard Deviation | 6.95% | 7.11% | - |
|---|---|---|---|
| Beta | 0.78% | 0.77% | - |
| Alpha | -0.02% | 0.00% | - |
| Rsquared | 0.78% | 0.75% | - |
| Sharpe | 0.50% | 0.39% | - |
| Sortino | 1.03% | 0.47% | - |
| Treynor | 0.04% | 0.04% | - |
| Tax Efficiency | 93.90% | 93.90% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.48% | 6.95% | 7.11% | - |
| Beta | 0.85% | 0.78% | 0.77% | - |
| Alpha | -0.04% | -0.02% | 0.00% | - |
| Rsquared | 0.77% | 0.78% | 0.75% | - |
| Sharpe | 0.43% | 0.50% | 0.39% | - |
| Sortino | 0.79% | 1.03% | 0.47% | - |
| Treynor | 0.03% | 0.04% | 0.04% | - |
| Tax Efficiency | 79.40% | 93.90% | 93.90% | - |
| 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) | $85 |
| 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.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
| 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 | 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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