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Purpose Core Equity Income Fund Series A

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Canadian Div & Inc Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(09-16-2025) 		$14.74
Change
$0.03 (0.20%)

As at August 31, 2025

As at August 31, 2025

As at August 31, 2025

Period
Created with Highcharts 10.3.3Jan 2024Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Jul 2016Jan 2018Jul 2019Jan 2021Jul 2022Jan 2024Jul 2025J…$10,000$15,000$9,000$11,000$12,000$13,000$14,000Period

Legend

Purpose Core Equity Income Fund Series A

Compare Options

Fund Returns

Inception Return (November 17, 2015): 8.35%

Fund Returns
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 3.50% 8.92% 12.50% 15.62% 17.91% 15.75% 12.48% 8.94% 12.32% 10.59% 8.80% 8.73% 8.50% -
Benchmark 4.96% 9.85% 14.09% 17.59% 25.86% 22.26% 17.49% 11.88% 14.98% 13.03% 11.75% 11.54% 11.06% 10.82%
Category Average 2.86% 5.51% 8.88% 11.87% 16.36% 16.05% 11.25% 8.86% 12.64% 9.79% 8.69% 8.56% 8.32% 8.42%
Category Rank 75 / 460 28 / 454 38 / 453 33 / 452 159 / 449 283 / 438 147 / 430 258 / 415 269 / 391 164 / 386 222 / 368 211 / 344 204 / 329 -
Quartile Ranking 1 1 1 1 2 3 2 3 3 2 3 3 3 -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%10%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 2.61% -1.33% 3.66% -2.82% 1.65% 1.10% -0.51% -3.39% 7.46% 2.98% 2.20% 3.50%
Benchmark 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91% 1.69% 4.96%

Best Monthly Return Since Inception

11.02% (November 2020)

Worst Monthly Return Since Inception

-13.00% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - 15.38% 6.59% -8.50% 16.34% 3.40% 22.09% -2.23% 8.34% 11.26%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17% 15.51%
Quartile Ranking - 3 3 3 4 1 4 2 2 4
Category Rank - 200/ 299 218/ 330 236/ 355 300/ 377 63/ 390 379/ 396 181/ 418 152/ 430 416/ 439

Best Calendar Return (Last 10 years)

22.09% (2021)

Worst Calendar Return (Last 10 years)

-8.50% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 65.87
US Equity 20.44
International Equity 7.21
Income Trust Units 3.91
Cash and Equivalents 2.57

Sector Allocation

Sector Allocation
Name Percent
Financial Services 22.49
Energy 15.72
Technology 10.93
Healthcare 9.66
Consumer Goods 9.06
Other 32.14

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.79
Europe 7.21

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 5.64
Bank of Montreal 5.54
Bank of Nova Scotia 4.89
Barrick Mining Corp 3.83
Procter & Gamble Co 3.60
Telus Corp 3.49
ARC Resources Ltd 3.36
Sun Life Financial Inc 3.23
Pembina Pipeline Corp 3.23
Lazard Inc 3.20

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return9101112131415160%5%10%15%20%25%

Purpose Core Equity Income Fund Series A

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 10.79% 11.53% -
Beta 0.80% 0.85% -
Alpha -0.01% 0.00% -
Rsquared 0.86% 0.88% -
Sharpe 0.78% 0.84% -
Sortino 1.51% 1.41% -
Treynor 0.10% 0.12% -
Tax Efficiency 86.41% 86.53% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.59% 10.79% 11.53% -
Beta 0.86% 0.80% 0.85% -
Alpha -0.03% -0.01% 0.00% -
Rsquared 0.70% 0.86% 0.88% -
Sharpe 1.32% 0.78% 0.84% -
Sortino 2.78% 1.51% 1.41% -
Treynor 0.16% 0.10% 0.12% -
Tax Efficiency 89.64% 86.41% 86.53% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A96.1​96.169.8​69.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A96.1​96.172.5​72.50%10%20%30%40%50%60%70%80%90%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.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A93.8​93.868.6​68.60%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A92.9​92.957.9​57.90%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

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) $22

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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