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Foundation Wealth Income Pool Class E

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Global Core Plus Fixd Inc

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024

Click for more information on Fundata’s FundGrade

NAVPS
(05-26-2025) 		$19.44
Change
$0.01 (0.06%)

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jul 2020Oct 2020Jan 2021Apr 2021Jul 2021Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$9,500$10,000$10,500$11,000$11,500$12,000Period

Legend

Foundation Wealth Income Pool Class E

Compare Options

Fund Returns

Inception Return (April 14, 2020): 2.84%

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 0.18% 0.77% 2.42% 1.50% 7.47% 5.44% 3.93% 1.80% 2.59% - - - - -
Benchmark -1.24% 0.48% 2.90% 1.72% 9.54% 3.77% 3.65% 0.12% -1.76% 0.18% 1.02% 0.55% 1.24% 1.95%
Category Average - - - - - - - - - - - - - -
Category Rank 72 / 362 84 / 361 23 / 359 82 / 360 71 / 351 26 / 321 42 / 287 31 / 270 12 / 220 - - - - -
Quartile Ranking 1 1 1 1 1 1 1 1 1 - - - - -

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%4%5%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.03% 0.64% 1.56% 0.76% 1.38% -0.52% 1.06% -0.16% 0.73% 1.03% -0.44% 0.18%
Benchmark 0.00% 1.16% 3.88% -0.22% 1.89% -0.37% 0.95% 0.21% 1.24% 1.20% 0.53% -1.24%

Best Monthly Return Since Inception

3.32% (November 2023)

Worst Monthly Return Since Inception

-2.17% (September 2022)

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 - - - - - - 0.16% -7.51% 6.37% 5.76%
Benchmark 16.63% -1.36% -0.08% 7.82% 1.45% 7.03% -6.05% -10.83% 2.72% 6.80%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - - 1 1 2 1
Category Rank - - - - - - 28/ 257 40/ 283 93/ 321 58/ 347

Best Calendar Return (Last 10 years)

6.37% (2023)

Worst Calendar Return (Last 10 years)

-7.51% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Bonds - Funds 20.98
Canadian Corporate Bonds 16.57
Foreign Corporate Bonds 15.01
Canadian Government Bonds 11.06
Cash and Equivalents 10.85
Other 25.53

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 63.02
Mutual Fund 14.66
Financial Services 11.10
Cash and Cash Equivalent 7.44
Exchange Traded Fund 3.54
Other 0.24

Geographic Allocation

Geographic Allocation
Name Percent
North America 65.33
Multi-National 21.17
Europe 8.32
Latin America 2.17
Asia 1.60
Other 1.41

Top Holdings

Top Holdings
Name Percent
IA Clarington Core Plus Bond Fund Series A 11.70
BMO Aggregate Bond Index ETF (ZAG) 10.18
Capital Direct 1 Income Trust Class F 9.62
IA Clarington Loomis Global Multisector Bond Fd A 9.25
BMO Sustainable Glo M-Sector Bond Fund ETF ZMSB 8.91
BMO High Quality Corporate Bond Index ETF (ZQB) 7.66
Purpose Global Bond Class Series F 7.16
Big Banc Split Corp Preferred Shares (BNK.PR.A) 6.02
Pender Corporate Bond Fund Class I 5.95
BMO Emerging Markets Bond Hgd to CAD Index (ZEF) 4.94

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return23456789101112-4%-2%0%2%4%6%8%

Foundation Wealth Income Pool Class E

Median

Other - Global Core Plus Fixd Inc

3 Yr Annualized

Standard Deviation 4.27% 4.06% -
Beta 0.55% 0.40% -
Alpha 0.02% 0.03% -
Rsquared 0.54% 0.40% -
Sharpe 0.01% 0.05% -
Sortino 0.35% -0.13% -
Treynor 0.00% 0.01% -
Tax Efficiency 65.47% - -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.39% 4.27% 4.06% -
Beta 0.35% 0.55% 0.40% -
Alpha 0.04% 0.02% 0.03% -
Rsquared 0.43% 0.54% 0.40% -
Sharpe 1.48% 0.01% 0.05% -
Sortino 3.81% 0.35% -0.13% -
Treynor 0.10% 0.00% 0.01% -
Tax Efficiency 82.06% 65.47% - -

Fund Details

Start Date April 14, 2020
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC8188

Investment Objectives

The fund seeks to achieve a positive total return over time by investing in a broad range of fixed income securities, primarily through ETFs and mutual funds that invest in government debt, investment grade corporate debt and high yield debt. The fundamental investment objective may only be changed with the approval of a majority of the votes cast at a meeting of unitholders called for that purpose.

Investment Strategy

The fund invests in a portfolio of primarily North American securities, primarily through ETFs and mutual funds that invest in government debt, investment grade debt and high yield debt. The fund may also invest directly in fixed income securities, preferred securities and securities that hold portfolios of mortgages as permitted by Canadian securities laws.

Portfolio Management

Portfolio Manager

Purpose Investments Inc.
Sub-Advisor

Foundation Wealth Partners LP.

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 No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.63%
Management Fee 0.25%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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