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Purpose Core Equity Income Fund Series A
Canadian Div & Inc Equity
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
Click for more information on Fundata’s ESG Grade.
|
NAVPS (07-09-2026) |
$17.60 |
|---|---|
| Change |
$0.03
(0.16%)
|
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (November 17, 2015): 10.09%
| 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 | 1.71% | 9.85% | 17.44% | 17.44% | 33.94% | 25.13% | 19.20% | 16.40% | 12.75% | 15.47% | 12.74% | 10.92% | 10.51% | 10.75% |
| Benchmark | 0.50% | 6.96% | 11.16% | 11.16% | 32.87% | 29.58% | 23.48% | 20.08% | 14.85% | 17.82% | 14.73% | 13.31% | 12.99% | 12.79% |
| Category Average | 1.43% | 7.80% | 12.95% | 12.95% | 25.48% | 22.61% | 17.43% | 14.19% | 11.71% | 14.99% | 11.30% | 10.42% | 9.82% | 9.91% |
| Category Rank | 247 / 476 | 67 / 473 | 16 / 464 | 16 / 464 | 23 / 458 | 123 / 448 | 126 / 435 | 84 / 427 | 146 / 400 | 196 / 389 | 103 / 385 | 191 / 363 | 168 / 343 | 136 / 324 |
| Quartile Ranking | 3 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 3 | 2 | 3 | 2 | 2 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.20% | 3.50% | 3.40% | 1.54% | 3.41% | -0.69% | 3.79% | 4.33% | -1.27% | 4.76% | 3.10% | 1.71% |
| Benchmark | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% | 0.50% |
Best Monthly Return Since Inception
11.02% (November 2020)
Worst Monthly Return Since Inception
-13.00% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 15.38% | 6.59% | -8.50% | 16.34% | 3.40% | 22.09% | -2.23% | 8.34% | 11.26% | 24.67% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | 17.48% | 7.25% | -7.75% | 18.42% | -1.18% | 26.41% | -3.72% | 7.17% | 15.51% | 19.73% |
| Quartile Ranking | 3 | 3 | 3 | 4 | 1 | 4 | 2 | 2 | 4 | 1 |
| Category Rank | 199/ 298 | 220/ 330 | 236/ 355 | 300/ 375 | 63/ 389 | 379/ 396 | 181/ 418 | 153/ 430 | 416/ 439 | 50/ 451 |
Best Calendar Return (Last 10 years)
24.67% (2025)
Worst Calendar Return (Last 10 years)
-8.50% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 65.42 |
| US Equity | 20.84 |
| International Equity | 6.37 |
| Cash and Equivalents | 3.71 |
| Income Trust Units | 3.66 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 32.12 |
| Healthcare | 11.23 |
| Energy | 11.10 |
| Consumer Goods | 8.86 |
| Technology | 6.60 |
| Other | 30.09 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 93.62 |
| Europe | 6.37 |
| Other | 0.01 |
Top Holdings
| Name | Percent |
|---|---|
| Royal Bank of Canada | 4.95 |
| Bank of Nova Scotia | 4.89 |
| Bank of Montreal | 4.86 |
| Sun Life Financial Inc | 3.82 |
| Finning International Inc | 3.74 |
| Merck & Co Inc | 3.65 |
| Canadian National Railway Co | 3.61 |
| Pembina Pipeline Corp | 3.52 |
| Procter & Gamble Co | 3.40 |
| ARC Resources Ltd | 3.31 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Core Equity Income Fund Series A
Median
Other - Canadian Div & Inc Equity
3 Yr Annualized
| Standard Deviation | 9.00% | 10.57% | 11.35% |
|---|---|---|---|
| Beta | 0.71 | 0.78 | 0.81 |
| Alpha | 0.03 | 0.01 | 0.00 |
| Rsquared | 0.73% | 0.84% | 0.87% |
| Sharpe | 1.62 | 0.91 | 0.79 |
| Sortino | 3.53 | 1.49 | 1.06 |
| Treynor | 0.21 | 0.12 | 0.11 |
| Tax Efficiency | 89.80% | 86.62% | - |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.53% | 9.00% | 10.57% | 11.35% |
| Beta | 0.48 | 0.71 | 0.78 | 0.81 |
| Alpha | 0.16 | 0.03 | 0.01 | 0.00 |
| Rsquared | 0.61% | 0.73% | 0.84% | 0.87% |
| Sharpe | 4.20 | 1.62 | 0.91 | 0.79 |
| Sortino | 15.00 | 3.53 | 1.49 | 1.06 |
| Treynor | 0.57 | 0.21 | 0.12 | 0.11 |
| Tax Efficiency | 92.39% | 89.80% | 86.62% | - |
Fundata ESG Metrics
Fundata ESG Score
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.
Fundata E Score
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.
Fundata S Score
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.
Fundata G Score
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.
Fund Details
| Start Date | November 17, 2015 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $30 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2900 |
Investment Objectives
The fund seeks to outperform the Canadian equity market over a time period longer than 5 years, by investing primarily in large capitalization, dividend paying stocks of Canadian issuers. To assist in achieving this objective, the fund may, from time to time, overweight its assets in specific industry sectors, and the fund may also invest in U.S. stocks to provide greater return potential and better diversification.
Investment Strategy
The portfolio manager will employ fundamental analysis seeking to identify superior investment opportunities with the potential for capital appreciation and sustainable distribution or dividends over the long term. The portfolio manager will seek Canadian and U.S. issuers with attractive dividends or distributions and business models that can benefit from both industry and macro-economic trends.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.92% |
|---|---|
| Management Fee | 2.00% |
| 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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