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PK Core Fund Class A

Tactical Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-04-2025)
$21.66
Change
$0.00 (0.02%)

As at June 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025$8,000$9,000$10,000$11,000$7,000$12,000$13,000$14,000Period

Legend

PK Core Fund Class A

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Fund Returns

Inception Return (October 09, 2018): 1.33%

Fund Returns
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 -0.06% 5.95% 3.38% 3.38% 12.76% 10.39% 9.99% 5.32% 5.68% 1.74% - - - -
Benchmark 2.53% 2.76% 3.35% 3.35% 12.62% 13.35% 12.58% 5.72% 6.67% 6.88% 6.64% 6.83% 7.12% 7.01%
Category Average 1.95% 3.24% 3.79% 3.79% 10.18% 9.85% 8.92% 4.06% 6.24% 5.27% 4.87% 4.65% 4.89% 4.35%
Category Rank 315 / 322 27 / 321 168 / 318 168 / 318 97 / 318 145 / 313 107 / 312 102 / 306 197 / 296 260 / 288 - - - -
Quartile Ranking 4 1 3 3 2 2 2 2 3 4 - - - -

Monthly Return

Created with Highcharts 10.3.3-5%0%5%10%15%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 3.05% -0.35% 0.20% 1.65% 5.15% -0.82% 2.79% -2.82% -2.33% -3.26% 9.59% -0.06%
Benchmark 3.28% -0.07% 2.25% 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53%

Best Monthly Return Since Inception

9.59% (May 2025)

Worst Monthly Return Since Inception

-17.00% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 1.72% -12.87% 9.61% -9.96% 6.80% 16.63%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35% 11.73%
Quartile Ranking - - - - 4 4 3 3 3 1
Category Rank - - - - 275/ 275 295/ 295 191/ 297 190/ 311 217/ 312 50/ 314

Best Calendar Return (Last 10 years)

16.63% (2024)

Worst Calendar Return (Last 10 years)

-12.87% (2020)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 78.53
Canadian Government Bonds 10.90
International Equity 6.69
Canadian Corporate Bonds 3.61
Foreign Government Bonds 0.11
Other 0.16

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 64.03
Fixed Income 14.63
Exchange Traded Fund 14.54
Financial Services 1.57
Consumer Goods 1.07
Other 4.16

Geographic Allocation

Geographic Allocation
Name Percent
North America 93.23
Europe 4.46
Asia 2.20
Africa and Middle East 0.06
Other 0.05

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 28.28
Global X USD Cash Maximizer CC ETF (HSUV.U) 20.39
Purpose USD Cash Management Fund Class A 15.33
iShares Core Canadian Universe Bond Idx ETF (XBB) 14.66
Purpose Cash Management Fund ETF - Closed 14.51
BMO MSCI EAFE Hedged to CAD Index ETF (ZDM) 6.78
Purpose Credit Opportunities ETF (CROP) 0.03
Abbvie Inc 0.03
Canadian Dollar 0.00
United States Dollar -0.02

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return45678910111213140%5%10%15%20%

PK Core Fund Class A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 9.19% 9.07% -
Beta 0.82% 0.81% -
Alpha 0.00% 0.00% -
Rsquared 0.49% 0.52% -
Sharpe 0.65% 0.38% -
Sortino 1.52% 0.50% -
Treynor 0.07% 0.04% -
Tax Efficiency 100.00% 99.97% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.77% 9.19% 9.07% -
Beta 1.36% 0.82% 0.81% -
Alpha -0.04% 0.00% 0.00% -
Rsquared 0.51% 0.49% 0.52% -
Sharpe 0.74% 0.65% 0.38% -
Sortino 1.79% 1.52% 0.50% -
Treynor 0.07% 0.07% 0.04% -
Tax Efficiency 100.00% 100.00% 99.97% -

Fund Details

Start Date October 09, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $0

Fund Codes

FundServ Code Load Code Sales Status
PFC3600

Investment Objectives

The fund’s investment objectives are to provide unitholders with an attractive level of long-term capital growth by dynamically investing in a broad range of asset classes and geographies which may include equity, fixed income, inflation-sensitive securities, alternative investments and cash with the goal of achieving a positive total return in diverse market environments while reducing portfolio risk.

Investment Strategy

The fund primarily employs a dynamic rules-based asset allocation strategy to gain exposure to multiple asset classes and geographies with the goal of achieving a positive total return in diverse market environments while minimizing portfolio risk. The fund is not limited to how much it invests in each asset class or geographical region. The fund's sub-advisor tactically allocates assets based on market conditions.

Portfolio Management

Portfolio Manager

Purpose Investments Inc.

Sub-Advisor

Canaccord Genuity Corp

Management and Organization

Fund Manager

Purpose Investments Inc.

Custodian

CIBC Mellon Trust Company

Registrar

CIBC Mellon Global Securities Services Company

Distributor

Canaccord Genuity Corp

Investment Minimums

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

Fees

MER 1.45%
Management Fee 1.40%
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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