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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-11-2025) |
$17.81 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at July 31, 2025
As at July 31, 2025
Inception Return (October 26, 2016): 1.93%
| 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 | -0.55% | 0.43% | 0.82% | 2.33% | 3.33% | 3.89% | 2.65% | 0.63% | 2.17% | 1.47% | 2.02% | 1.85% | - | - |
| Benchmark | 1.48% | 6.62% | 2.10% | 4.88% | 10.66% | 13.20% | 11.58% | 5.69% | 6.45% | 7.05% | 6.81% | 7.24% | 6.89% | 6.68% |
| Category Average | 0.83% | 5.39% | 1.91% | 4.51% | 8.17% | 10.08% | 8.17% | 4.05% | 5.88% | 5.59% | 5.32% | 5.40% | 5.31% | 4.86% |
| Category Rank | 1,763 / 1,788 | 1,776 / 1,784 | 1,302 / 1,738 | 1,547 / 1,738 | 1,673 / 1,722 | 1,654 / 1,656 | 1,597 / 1,598 | 1,446 / 1,454 | 1,327 / 1,329 | 1,275 / 1,275 | 1,149 / 1,149 | 1,031 / 1,031 | - | - |
| Quartile Ranking | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.65% | 1.28% | -0.84% | 2.29% | -3.30% | 1.50% | 1.66% | 0.04% | -1.29% | 0.54% | 0.44% | -0.55% |
| Benchmark | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% | 1.48% |
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 | - | - | 920/ 948 | 254/ 1,087 | 1,191/ 1,204 | 1,281/ 1,294 | 1,325/ 1,380 | 53/ 1,522 | 1,630/ 1,630 | 1,669/ 1,683 |
7.94% (2019)
-4.06% (2022)
| Name | Percent |
|---|---|
| US Equity | 32.86 |
| Foreign Corporate Bonds | 23.85 |
| Canadian Equity | 19.64 |
| Foreign Government Bonds | 8.71 |
| Cash and Equivalents | 6.58 |
| Other | 8.36 |
| Name | Percent |
|---|---|
| Fixed Income | 40.18 |
| Financial Services | 9.69 |
| Energy | 6.66 |
| Technology | 5.74 |
| Consumer Services | 5.11 |
| Other | 32.62 |
| Name | Percent |
|---|---|
| North America | 95.35 |
| Europe | 2.68 |
| Latin America | 0.64 |
| Africa and Middle East | 0.29 |
| Asia | 0.15 |
| Other | 0.89 |
| Name | Percent |
|---|---|
| Purpose Global Bond Class ETF (IGB) | 19.15 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 14.99 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 7.31 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 3.55 |
| BMO Mid Federal Bond Index ETF (ZFM) | 2.15 |
| Purpose Cash Management Fund ETF - Closed | 1.49 |
| Agnico Eagle Mines Ltd | 1.09 |
| Abbvie Inc | 1.05 |
| Chevron Corp | 0.97 |
| Canadian Imperial Bank of Commerce | 0.97 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.26% | 5.87% | - |
|---|---|---|---|
| Beta | 0.62% | 0.54% | - |
| Alpha | -0.04% | -0.01% | - |
| Rsquared | 0.57% | 0.55% | - |
| Sharpe | -0.19% | -0.04% | - |
| Sortino | -0.04% | -0.17% | - |
| Treynor | -0.02% | 0.00% | - |
| Tax Efficiency | 43.75% | 35.65% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.50% | 6.26% | 5.87% | - |
| Beta | 0.39% | 0.62% | 0.54% | - |
| Alpha | -0.01% | -0.04% | -0.01% | - |
| Rsquared | 0.20% | 0.57% | 0.55% | - |
| Sharpe | 0.04% | -0.19% | -0.04% | - |
| Sortino | 0.10% | -0.04% | -0.17% | - |
| Treynor | 0.01% | -0.02% | 0.00% | - |
| Tax Efficiency | 55.12% | 43.75% | 35.65% | - |
| 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) | $1 |
| 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 | 1.98% |
|---|---|
| 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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