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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-03-2025) |
$18.11 |
|---|---|
| Change |
$0.00
(-0.01%)
|
As at February 28, 2025
As at February 28, 2025
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Inception Return (October 26, 2016): 2.13%
| 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 | 1.66% | -0.22% | 2.50% | 3.19% | 6.46% | 3.62% | 1.93% | 2.20% | 2.08% | 2.15% | 2.55% | 1.91% | - | - |
| Benchmark | -0.03% | 2.87% | 8.43% | 2.69% | 16.11% | 14.54% | 7.96% | 6.28% | 7.36% | 7.48% | 6.74% | 7.02% | 7.35% | 6.79% |
| Category Average | 0.06% | 1.31% | 5.62% | 2.61% | 12.30% | 10.81% | 5.44% | 5.22% | 6.13% | 5.96% | 5.33% | 5.29% | 5.92% | 4.70% |
| Category Rank | 50 / 1,773 | 1,717 / 1,773 | 1,712 / 1,761 | 396 / 1,773 | 1,721 / 1,727 | 1,659 / 1,674 | 1,587 / 1,598 | 1,405 / 1,424 | 1,347 / 1,347 | 1,292 / 1,292 | 1,155 / 1,162 | 978 / 978 | - | - |
| Quartile Ranking | 1 | 4 | 4 | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.81% | -2.30% | 0.92% | -0.41% | 3.21% | 1.65% | 1.28% | -0.84% | 2.29% | -3.30% | 1.50% | 1.66% |
| Benchmark | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% |
5.15% (April 2020)
-8.67% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | 2.30% | -1.48% | 7.94% | 0.08% | 5.08% | -4.06% | 0.60% | 3.44% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | - | - | 4 | 1 | 4 | 4 | 4 | 1 | 4 | 4 |
| Category Rank | - | - | 947/ 975 | 256/ 1,121 | 1,229/ 1,242 | 1,320/ 1,333 | 1,360/ 1,416 | 51/ 1,560 | 1,674/ 1,674 | 1,713/ 1,727 |
7.94% (2019)
-4.06% (2022)
| Name | Percent |
|---|---|
| US Equity | 32.99 |
| Foreign Corporate Bonds | 26.87 |
| Canadian Equity | 16.37 |
| Foreign Government Bonds | 12.04 |
| Cash and Equivalents | 5.72 |
| Other | 6.01 |
| Name | Percent |
|---|---|
| Fixed Income | 43.38 |
| Financial Services | 9.79 |
| Energy | 6.79 |
| Cash and Cash Equivalent | 5.42 |
| Healthcare | 5.20 |
| Other | 29.42 |
| Name | Percent |
|---|---|
| North America | 91.82 |
| Europe | 4.07 |
| Latin America | 2.21 |
| Africa and Middle East | 1.03 |
| Multi-National | 0.10 |
| Other | 0.77 |
| Name | Percent |
|---|---|
| Purpose Global Bond Fund ETF (BND) | 19.04 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 16.99 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 7.93 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 2.54 |
| Cash and Cash Equivalents | 1.60 |
| Abbvie Inc | 1.30 |
| Procter & Gamble Co | 1.09 |
| Manulife Financial Corp | 0.95 |
| Agnico Eagle Mines Ltd | 0.94 |
| Enbridge Inc | 0.93 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.52% | 7.46% | - |
|---|---|---|---|
| Beta | 0.57% | 0.68% | - |
| Alpha | -0.02% | -0.03% | - |
| Rsquared | 0.59% | 0.56% | - |
| Sharpe | -0.26% | 0.00% | - |
| Sortino | -0.19% | -0.12% | - |
| Treynor | -0.03% | 0.00% | - |
| Tax Efficiency | 22.23% | 32.22% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.60% | 6.52% | 7.46% | - |
| Beta | 0.86% | 0.57% | 0.68% | - |
| Alpha | -0.07% | -0.02% | -0.03% | - |
| Rsquared | 0.45% | 0.59% | 0.56% | - |
| Sharpe | 0.36% | -0.26% | 0.00% | - |
| Sortino | 0.76% | -0.19% | -0.12% | - |
| Treynor | 0.03% | -0.03% | 0.00% | - |
| Tax Efficiency | 76.33% | 22.23% | 32.22% | - |
| Start Date | October 26, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2500 |
The fund seeks to provide (i) a moderate positive total return consisting of dividend income and capital appreciation, while trying to reduce portfolio volatility and (ii) monthly distributions, by investing in a broad range of asset classes which may include equities, fixed income, inflation sensitive securities and cash.
To achieve its investment objectives, the fund will use primarily rules-based portfolio selection strategies to invest in a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash, with the goal of generating income and achieving a moderate positive total return in diverse market environments while reducing portfolio volatility. The fund will, from time to time employ various investment strategies.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Neuberger Berman Breton Hill ULC |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 5,000 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 15,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.96% |
|---|---|
| Management Fee | 1.55% |
| 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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