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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (01-17-2025) |
$17.83 |
|---|---|
| Change |
$0.06
(0.31%)
|
As at December 31, 2024
As at December 31, 2024
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Inception Return (October 26, 2016): 1.78%
| 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 | -3.30% | -1.92% | 4.21% | 3.44% | 3.44% | 2.01% | -0.05% | 1.21% | 0.98% | 2.11% | 1.59% | 1.68% | - | - |
| 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 | -1.29% | 1.09% | 6.35% | 12.13% | 12.13% | 10.82% | 2.91% | 4.57% | 5.08% | 6.44% | 4.88% | 5.23% | 5.21% | 4.99% |
| Category Rank | 1,748 / 1,772 | 1,702 / 1,761 | 1,669 / 1,756 | 1,710 / 1,725 | 1,710 / 1,725 | 1,672 / 1,672 | 1,535 / 1,554 | 1,409 / 1,417 | 1,334 / 1,334 | 1,244 / 1,244 | 1,122 / 1,122 | 976 / 976 | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.44% | -0.17% | 0.81% | -2.30% | 0.92% | -0.41% | 3.21% | 1.65% | 1.28% | -0.84% | 2.29% | -3.30% |
| 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% |
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% | 12.13% |
| Quartile Ranking | - | - | 4 | 1 | 4 | 4 | 4 | 1 | 4 | 4 |
| Category Rank | - | - | 948/ 976 | 256/ 1,122 | 1,231/ 1,244 | 1,321/ 1,334 | 1,361/ 1,417 | 51/ 1,554 | 1,672/ 1,672 | 1,710/ 1,725 |
7.94% (2019)
-4.06% (2022)
| Name | Percent |
|---|---|
| US Equity | 34.94 |
| Foreign Corporate Bonds | 25.11 |
| Canadian Equity | 18.08 |
| Foreign Government Bonds | 9.79 |
| Cash and Equivalents | 5.32 |
| Other | 6.76 |
| Name | Percent |
|---|---|
| Fixed Income | 41.22 |
| Financial Services | 10.92 |
| Energy | 7.30 |
| Technology | 6.31 |
| Healthcare | 5.11 |
| Other | 29.14 |
| Name | Percent |
|---|---|
| North America | 94.04 |
| Europe | 3.34 |
| Latin America | 1.22 |
| Africa and Middle East | 0.48 |
| Asia | 0.15 |
| Other | 0.77 |
| Name | Percent |
|---|---|
| Purpose Global Bond Fund ETF (BND) | 18.54 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 15.42 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 7.18 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 2.92 |
| Abbvie Inc | 1.20 |
| Manulife Financial Corp | 1.12 |
| TC Energy Corp | 1.10 |
| Procter & Gamble Co | 1.10 |
| Exxon Mobil Corp | 1.07 |
| Cisco Systems Inc | 1.06 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.53% | 7.49% | - |
|---|---|---|---|
| Beta | 0.57% | 0.69% | - |
| Alpha | -0.03% | -0.03% | - |
| Rsquared | 0.62% | 0.58% | - |
| Sharpe | -0.53% | -0.14% | - |
| Sortino | -0.58% | -0.30% | - |
| Treynor | -0.06% | -0.02% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.40% | 6.53% | 7.49% | - |
| Beta | 0.83% | 0.57% | 0.69% | - |
| Alpha | -0.10% | -0.03% | -0.03% | - |
| Rsquared | 0.44% | 0.62% | 0.58% | - |
| Sharpe | -0.13% | -0.53% | -0.14% | - |
| Sortino | 0.13% | -0.58% | -0.30% | - |
| Treynor | -0.01% | -0.06% | -0.02% | - |
| Tax Efficiency | 56.06% | - | - | - |
| 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.
| Name | Start Date |
|---|---|
| Neuberger Berman Breton Hill ULC | 10-26-2016 |
| Purpose Investments Inc. | 10-26-2016 |
| Fund Manager | Purpose Investments Inc. |
|---|---|
| Advisor | Purpose Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Mellon Global Securities Services |
| Distributor | - |
| Auditor | Ernst & Young LLP, Chartered Accountants |
| 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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