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Purpose Cash Management Class A Units
Canadian Money Market
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
Click for more information on Fundata’s ESG Grade.
|
NAVPS (07-22-2026) |
$10.00 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (September 14, 2022): 3.69%
| 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% | 0.53% | 1.06% | 1.06% | 2.28% | 2.94% | 3.57% | - | - | - | - | - | - | - |
| Benchmark | 0.19% | 0.57% | 1.11% | 1.11% | 2.35% | 2.88% | 3.57% | 3.63% | 2.98% | 2.50% | 2.33% | 2.24% | 2.10% | 1.94% |
| Category Average | 0.12% | 0.42% | 0.83% | 0.83% | 1.89% | 2.50% | 3.11% | 3.09% | 2.45% | 2.04% | 1.88% | 1.78% | 1.63% | 1.49% |
| Category Rank | 104 / 272 | 116 / 270 | 103 / 270 | 103 / 270 | 100 / 268 | 77 / 252 | 87 / 240 | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 2 | 2 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.21% | 0.19% | 0.21% | 0.21% | 0.18% | 0.21% | 0.18% | 0.17% | 0.19% | 0.17% | 0.17% | 0.19% |
| Benchmark | 0.22% | 0.22% | 0.22% | 0.20% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.19% | 0.19% | 0.19% |
Best Monthly Return Since Inception
0.44% (January 2024)
Worst Monthly Return Since Inception
0.14% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 4.65% | 4.57% | 2.68% |
| Benchmark | 0.50% | 0.65% | 1.34% | 1.66% | 0.56% | 0.11% | 1.95% | 4.71% | 4.47% | 2.64% |
| Category Average | 0.24% | 0.35% | 0.69% | 1.20% | 0.45% | -0.11% | 1.13% | 4.06% | 4.01% | 2.32% |
| Quartile Ranking | - | - | - | - | - | - | - | 2 | 2 | 2 |
| Category Rank | - | - | - | - | - | - | - | 84/ 223 | 80/ 246 | 77/ 260 |
Best Calendar Return (Last 10 years)
4.65% (2023)
Worst Calendar Return (Last 10 years)
2.68% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 98.54 |
| Canadian Corporate Bonds | 0.88 |
| Canadian Government Bonds | 0.58 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 98.54 |
| Fixed Income | 1.46 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Banner Trust 2.67% 05-Feb-2027 | 1.71 |
| Merit Trust 2.67% 05-Feb-2027 | 1.71 |
| Royal Bank of Canada 2.63% 12-Nov-2026 | 1.71 |
| Royal Bank of 2.64% 10-Mar-2027 | 1.71 |
| Bank of Nova Scotia/The 2.63% 05-Feb-2027 | 1.54 |
| Bank of Montreal 2.62% 21-Jan-2027 | 1.45 |
| Prime Trust | 1.25 |
| Bank of Montreal 2.62% 18-Nov-2026 | 1.19 |
| Bay Street Funding Trust | 0.94 |
| Temperance St Fund | 0.92 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Cash Management Class A Units
Median
Other - Canadian Money Market
3 Yr Annualized
| Standard Deviation | 0.33% | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | 3.91 | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.06% | 0.33% | - | - |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | -3.36 | 3.91 | - | - |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
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) | $394 |
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) | - |
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