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Longevity Pension Fund Class Accumulator A

Global Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(07-11-2024)
$106.74
Change
$0.71 (0.67%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

Longevity Pension Fund Class Accumulator A

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Fund Returns

Inception Return (June 01, 2021): 1.66%

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 0.07% 0.29% 3.72% 3.72% 8.15% 5.39% 1.73% - - - - - - -
Benchmark 1.79% 1.93% 7.81% 7.81% 14.07% 12.55% 3.51% 5.23% 5.76% 5.68% 6.03% 6.45% 6.40% 7.19%
Category Average 0.74% 5.44% 5.44% 5.44% 10.22% 9.06% 2.16% 5.38% 4.58% 4.52% 4.51% 4.94% 4.41% 4.56%
Category Rank 1,577 / 1,741 1,489 / 1,711 1,524 / 1,711 1,524 / 1,711 1,442 / 1,679 1,563 / 1,608 991 / 1,463 - - - - - - -
Quartile Ranking 4 4 4 4 4 4 3 - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.34% -0.93% -1.67% -0.40% 3.32% 2.63% 0.23% 0.94% 2.22% -0.97% 1.20% 0.07%
Benchmark 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79%

Best Monthly Return Since Inception

3.43% (January 2023)

Worst Monthly Return Since Inception

-4.07% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -6.98% 6.73%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - - - - - - - - 1 4
Category Rank - - - - - - - - 174/ 1,540 1,466/ 1,658

Best Calendar Return (Last 10 years)

6.73% (2023)

Worst Calendar Return (Last 10 years)

-6.98% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 18.32
Cash and Equivalents 17.99
Canadian Equity 16.40
Foreign Bonds - Other 14.66
International Equity 13.26
Other 19.37

Sector Allocation

Sector Allocation
Name Percent
Exchange Traded Fund 64.78
Fixed Income 21.58
Cash and Cash Equivalent 9.35
Mutual Fund 4.30
Other -0.01

Geographic Allocation

Geographic Allocation
Name Percent
North America 64.29
Multi-National 35.71

Top Holdings

Top Holdings
Name Percent
Purpose Global Bond Fund ETF (BND) 14.66
Purpose Core Dividend Fund ETF (PDF) 10.87
BMO Ultra Short-Term Bond ETF (ZST) 9.25
Purpose Cash Management Fund ETF - Closed 8.64
Purpose Premium Yield Fund ETF (PYF) 7.79
BMO Long-Term US Treasury Bond Index ETF (ZTL) 6.92
Purpose Canadian Preferred Share Fund ETF (RPS) 6.84
Purpose International Dividend Fund ETF (PID) 6.06
Purpose Strategic Yield Fund ETF (SYLD) 4.91
Purpose Diversified Real Asset Fund ETF (PRA) 4.66

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Longevity Pension Fund Class Accumulator A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 6.12% - -
Beta 0.57% - -
Alpha 0.00% - -
Rsquared 0.70% - -
Sharpe -0.18% - -
Sortino -0.24% - -
Treynor -0.02% - -
Tax Efficiency - - -
Volatility Volatility rating is 2 on a scale of 1 to 10 - -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.38% 6.12% - -
Beta 0.60% 0.57% - -
Alpha 0.00% 0.00% - -
Rsquared 0.71% 0.70% - -
Sharpe 0.58% -0.18% - -
Sortino 1.89% -0.24% - -
Treynor 0.05% -0.02% - -
Tax Efficiency 100.00% - - -

Fund Details

Start Date June 01, 2021
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
PFC9000

Investment Objectives

The Fund seeks to provide unitholders with the opportunity to invest in a conservative investment portfolio comprised of investments in a broad range of asset classes which may include fixed income, equity, derivative instruments, inflation sensitive securities and cash. In respect of the classes of units corresponding to the Decumulation Cohorts, the Fund also seeks to provide lifetime income paid through monthly cash distributions.

Investment Strategy

To achieve its investment objectives, the Fund will use a conservative approach to minimize risk and will invest in a broad range of asset classes using pension-style investing including equities, fixed income, inflation sensitive securities and cash, with the goal of generating income in diverse environments while reducing portfolio volatility.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 05-27-2021

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian CIBC Mellon Trust Company
Registrar CIBC Mellon Trust Company
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 50
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.23%
Management Fee 1.10%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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