Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Purpose Cash Management Class A Units

  • Premium Feature Only
Add to My Watchlist

Canadian Money Market

NAVPS
(09-17-2025) 		$10.00
Change
$0.00 (0.01%)

As at August 31, 2025

As at August 31, 2025

Period
Created with Highcharts 10.3.3Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025$10,000$11,000$10,500$11,500$10,200$10,400$10,600$10,800$11,200$11,400Period

Legend

Purpose Cash Management Class A Units

Compare Options

Fund Returns

Inception Return (September 14, 2022): 4.13%

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 0.19% 0.61% 1.32% 1.86% 3.21% 4.03% - - - - - - - -
Benchmark 0.22% 0.66% 1.33% 1.84% 3.11% 4.00% 4.08% 3.24% 2.61% 2.35% 2.25% 2.11% 1.93% 1.78%
Category Average 0.18% 0.58% 1.20% 1.65% 2.79% 3.57% 3.54% 2.70% 2.14% 1.91% 1.80% 1.64% 1.49% 1.35%
Category Rank 147 / 273 132 / 271 100 / 265 84 / 265 83 / 262 86 / 251 - - - - - - - -
Quartile Ranking 3 2 2 2 2 2 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.30%0%0%0%0%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 0.36% 0.34% 0.30% 0.31% 0.29% 0.25% 0.26% 0.23% 0.21% 0.21% 0.21% 0.19%
Benchmark 0.34% 0.33% 0.29% 0.28% 0.26% 0.24% 0.23% 0.22% 0.22% 0.22% 0.22% 0.22%

Best Monthly Return Since Inception

0.44% (January 2024)

Worst Monthly Return Since Inception

0.19% (August 2025)

Calendar Return (%)

Created with Highcharts 10.3.30%1%2%3%4%5%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 4.65% 4.57%
Benchmark 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71% 4.47%
Category Average 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06% 4.01%
Quartile Ranking - - - - - - - - 2 2
Category Rank - - - - - - - - 89/ 229 81/ 252

Best Calendar Return (Last 10 years)

4.65% (2023)

Worst Calendar Return (Last 10 years)

4.57% (2024)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 97.21
Canadian Corporate Bonds 2.75
Canadian Government Bonds 0.04

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 97.21
Fixed Income 2.79

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Banner Trust 23-Jan-2026 1.36
Plaza Trust 09-Feb-2026 1.17
Rideau Trail Funding 1.13
Bay Street Funding Trust 1.13
Storm King Funding 1.09
Reliant Trust 1.04
Prime Trust 1.01
Lakeshore Trust 07-Jan-2026 0.96
Banner Trust 0.95
Storm King Funding 0.92

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.20% - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino 1.71% - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date September 14, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $295

Fund Codes

FundServ Code Load Code Sales Status
PFC7900

Investment Objectives

The fund seeks to earn a high rate of income, while at the same time preserving capital and maintaining liquidity, by investing primarily in high-quality debt securities, generally maturing in not more than one year.

Investment Strategy

To achieve its investment objectives the fund intends to have a significant proportion of its portfolio invested in high-quality short term corporate debt instruments.

Portfolio Management

Portfolio Manager

Purpose Investments Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

Purpose Investments Inc.
Custodian

CIBC Mellon Trust Company
Registrar

CIBC Mellon Global Securities Services Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.48%
Management Fee 0.50%
Load Back Fee Only
FE Max 2.50%
DSC Max -
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info