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Preferred Sh Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-16-2025) |
$17.87 |
|---|---|
| Change |
$0.01
(0.05%)
|
As at August 31, 2025
As at August 31, 2025
Inception Return (March 08, 2017): 1.29%
| 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 | 0.15% | 1.49% | 1.46% | 2.78% | 5.04% | 9.65% | 4.63% | -0.79% | 0.71% | 1.03% | 1.56% | 1.22% | - | - |
| Benchmark | 0.22% | 6.28% | 8.04% | 10.97% | 15.39% | 22.71% | 9.71% | 5.32% | 9.02% | 8.52% | 5.05% | 5.28% | 6.29% | 5.92% |
| Category Average | 0.27% | 5.72% | 6.33% | 8.99% | 13.59% | 19.59% | 8.99% | 4.57% | 8.62% | 7.98% | 4.72% | 4.86% | 5.81% | 5.79% |
| Category Rank | 45 / 65 | 65 / 65 | 60 / 65 | 60 / 65 | 62 / 64 | 62 / 64 | 62 / 64 | 63 / 64 | 63 / 64 | 57 / 58 | 51 / 52 | 48 / 49 | - | - |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.31% | 0.02% | 0.73% | 0.13% | 0.87% | 0.42% | -0.47% | -0.78% | 1.23% | 1.04% | 0.30% | 0.15% |
| Benchmark | 0.48% | -1.38% | 2.29% | 2.59% | 2.25% | 0.45% | -0.12% | -3.12% | 5.05% | 2.77% | 3.19% | 0.22% |
7.17% (April 2020)
-13.24% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | -7.05% | 14.65% | 3.06% | 1.74% | -16.35% | 2.96% | 10.88% |
| Benchmark | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% | 24.70% |
| Category Average | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% | 21.47% |
| Quartile Ranking | - | - | - | 2 | 1 | 4 | 4 | 2 | 4 | 4 |
| Category Rank | - | - | - | 20/ 50 | 5/ 54 | 50/ 59 | 63/ 64 | 31/ 64 | 59/ 64 | 62/ 64 |
14.65% (2019)
-16.35% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 73.23 |
| Cash and Equivalents | 11.02 |
| Foreign Government Bonds | 8.11 |
| US Equity | 7.65 |
| Name | Percent |
|---|---|
| Fixed Income | 81.34 |
| Cash and Cash Equivalent | 11.01 |
| Financial Services | 7.65 |
| Name | Percent |
|---|---|
| North America | 74.21 |
| Europe | 25.79 |
| Name | Percent |
|---|---|
| PNC Financial Services Group Inc. (USD) (The) 3.40% 15-Dec-2169 | 4.85 |
| US Bancorp (USD) 3.70% 15-Jan-2170 | 4.70 |
| Charles Schwab Corp - Pfd | 4.55 |
| United States Dollar | 4.47 |
| M&T Bank Corporation (USD) 3.50% 31-Dec-2049 | 4.39 |
| Citigroup Inc. (USD) 3.88% 18-May-2169 | 4.25 |
| Bank of New York Mellon Corporation (USD) (The) 3.75% 31-Dec-2049 | 4.17 |
| HSBC Holdings PLC 4.00% PERP | 3.98 |
| Barclays PLC 9.63% PERP | 3.40 |
| Bank of America Corporation (USD) 4.38% 31-Dec-2049 | 3.34 |
Purpose US Preferred Share Fund - Series A
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 9.09% | 9.01% | - |
|---|---|---|---|
| Beta | 0.60% | 0.56% | - |
| Alpha | -0.01% | -0.04% | - |
| Rsquared | 0.56% | 0.44% | - |
| Sharpe | 0.10% | -0.16% | - |
| Sortino | 0.29% | -0.27% | - |
| Treynor | 0.02% | -0.03% | - |
| Tax Efficiency | 46.93% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.26% | 9.09% | 9.01% | - |
| Beta | 0.21% | 0.60% | 0.56% | - |
| Alpha | 0.02% | -0.01% | -0.04% | - |
| Rsquared | 0.49% | 0.56% | 0.44% | - |
| Sharpe | 0.83% | 0.10% | -0.16% | - |
| Sortino | 1.52% | 0.29% | -0.27% | - |
| Treynor | 0.09% | 0.02% | -0.03% | - |
| Tax Efficiency | 52.95% | 46.93% | - | - |
| Start Date | March 08, 2017 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $0 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC4000 |
The fund seeks to provide unitholders with (i) with a regular stream of monthly distributions and (ii) opportunity for capital appreciation by investing primarily in U.S. dollar denominated investment grade preferred securities.
To achieve its investment objectives the fund will invest primarily in a portfolio of U.S. investment grade preferred securities of issuers that the investment sub-advisor or the manager believes have strong fundamentals and are priced at attractive relative valuations and will be actively managed by the investment sub-advisor. Preferred securities are primarily issued by companies in the financial sector and, to a lesser degree, by companies in other sectors, such as industrials and utilities.
| Portfolio Manager |
Neuberger Berman Investment Advisers LLC |
|---|---|
| Sub-Advisor |
Neuberger Berman Investment Advisers LLC |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 1,000 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.80% |
|---|---|
| Management Fee | 1.50% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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