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Purpose Strategic Yield Fund Series A
High Yield Fixed Income
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FundGrade A
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FundGrade A+® Rating Recipient
2025, 2022, 2021
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|
NAVPS (07-09-2026) |
$7.58 |
|---|---|
| Change |
$0.01
(0.10%)
|
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (August 26, 2011): 5.70%
| 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 | 0.35% | 2.93% | 2.97% | 2.97% | 9.74% | 9.72% | 9.63% | 7.01% | 4.13% | 8.08% | 5.94% | 5.51% | 5.69% | 6.67% |
| Benchmark | 2.93% | 4.53% | 5.26% | 5.26% | 9.62% | 10.56% | 11.83% | 12.00% | 6.19% | 6.01% | 5.66% | 5.81% | 5.54% | 6.21% |
| Category Average | 0.09% | 2.19% | 1.64% | 1.64% | 4.58% | 6.07% | 6.70% | 6.25% | 2.52% | 3.98% | 3.29% | 3.45% | 3.22% | 3.69% |
| Category Rank | 89 / 253 | 55 / 252 | 54 / 250 | 54 / 250 | 26 / 245 | 28 / 242 | 33 / 235 | 117 / 232 | 51 / 229 | 11 / 218 | 18 / 212 | 27 / 197 | 18 / 185 | 13 / 169 |
| Quartile Ranking | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.69% | 1.33% | 2.48% | 1.17% | 0.10% | -0.35% | 0.74% | -0.27% | -0.43% | 1.38% | 1.17% | 0.35% |
| Benchmark | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% | 2.93% |
Best Monthly Return Since Inception
5.23% (August 2020)
Worst Monthly Return Since Inception
-15.75% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.08% | 11.58% | -2.02% | 7.80% | 9.77% | 11.34% | -8.98% | 5.68% | 12.28% | 9.26% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | 3 | 1 | 2 | 4 | 1 | 1 | 2 | 4 | 1 | 1 |
| Category Rank | 117/ 168 | 9/ 176 | 74/ 187 | 178/ 211 | 19/ 217 | 6/ 222 | 67/ 229 | 223/ 235 | 29/ 241 | 17/ 242 |
Best Calendar Return (Last 10 years)
12.28% (2024)
Worst Calendar Return (Last 10 years)
-8.98% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 32.27 |
| Canadian Corporate Bonds | 32.01 |
| Canadian Government Bonds | 18.52 |
| Cash and Equivalents | 8.18 |
| Canadian Equity | 6.69 |
| Other | 2.33 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 83.01 |
| Cash and Cash Equivalent | 8.18 |
| Financial Services | 2.62 |
| Utilities | 1.94 |
| Energy | 1.93 |
| Other | 2.32 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.58 |
| Europe | 0.34 |
| Latin America | 0.05 |
| Other | 0.03 |
Top Holdings
| Name | Percent |
|---|---|
| Canadian Treasury Bill | 6.31 |
| Canadian Treasury Bill | 5.63 |
| Canada Government 09-Sep-2026 | 3.36 |
| United States Treasury Bill (USD) | 2.87 |
| Canadian Treasury Bill | 2.71 |
| Stonemor Inc 8.50% 15-May-2029 | 2.41 |
| Trulieve Cannabis Corp 10.50% 17-Dec-2030 | 2.26 |
| Hudson Pacific Properties LP 4.65% 01-Apr-2029 | 2.16 |
| Royal Bank of Canada 4.20% PERP | 2.13 |
| LSB Industries Inc 6.25% 15-Oct-2028 | 1.93 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Strategic Yield Fund Series A
Median
Other - High Yield Fixed Income
3 Yr Annualized
| Standard Deviation | 3.29% | 4.17% | 7.11% |
|---|---|---|---|
| Beta | 0.27 | 0.38 | 0.60 |
| Alpha | 0.06 | 0.02 | 0.03 |
| Rsquared | 0.13% | 0.31% | 0.28% |
| Sharpe | 1.76 | 0.29 | 0.68 |
| Sortino | 3.99 | 0.39 | 0.66 |
| Treynor | 0.21 | 0.03 | 0.08 |
| Tax Efficiency | 72.80% | 36.72% | 59.89% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.16% | 3.29% | 4.17% | 7.11% |
| Beta | 0.36 | 0.27 | 0.38 | 0.60 |
| Alpha | 0.06 | 0.06 | 0.02 | 0.03 |
| Rsquared | 0.19% | 0.13% | 0.31% | 0.28% |
| Sharpe | 2.23 | 1.76 | 0.29 | 0.68 |
| Sortino | 6.05 | 3.99 | 0.39 | 0.66 |
| Treynor | 0.20 | 0.21 | 0.03 | 0.08 |
| Tax Efficiency | 73.96% | 72.80% | 36.72% | 59.89% |
Fund Details
| Start Date | August 26, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC4604 |
Investment Objectives
The fund’s investment objective is to seek to provide investors with a high yield by investing primarily in, or obtaining exposure primarily to, fixed income securities of corporate issuers located in Canada or the United States.
Investment Strategy
To achieve its objective, the fund has entered into a forward agreement with another party under which the other party will buy Canadian shares owned by the fund for a price determined by the value of units of the reference fund. This provides the fund with economic returns similar to that of the reference fund. The fund may use derivatives from time to time for hedging and other non-hedging purposes.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc.
|
|---|---|
| Sub-Advisor |
Purpose Investment Partners Inc. |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company National Bank Financial Inc. |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.77% |
|---|---|
| Management Fee | 1.55% |
| 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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