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Purpose Structured Equity Yield Plus Fund Series A
Alternative Equity Focus
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-02-2026) |
$18.38 |
|---|---|
| Change |
$0.08
(0.43%)
|
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (September 14, 2021): 5.10%
| 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 | -0.56% | -0.57% | 1.04% | 1.74% | 5.85% | 6.44% | 10.25% | 9.71% | - | - | - | - | - | - |
| Benchmark | 1.22% | 4.29% | 11.58% | 12.52% | 32.26% | 26.70% | 22.93% | 19.08% | 14.95% | 17.20% | 14.87% | 13.32% | 13.15% | 12.50% |
| Category Average | -0.01% | 3.85% | 8.02% | 10.30% | 17.99% | 14.82% | 15.33% | 11.82% | 8.92% | 11.06% | 9.25% | - | - | - |
| Category Rank | 144 / 270 | 209 / 254 | 205 / 251 | 205 / 240 | 180 / 224 | 119 / 166 | 83 / 129 | 69 / 114 | - | - | - | - | - | - |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | - | - | - | - | - | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.68% | 0.54% | 0.14% | 1.25% | 0.38% | 0.69% | 0.44% | -2.95% | 4.25% | 0.57% | -0.58% | -0.56% |
| Benchmark | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% | 2.52% | 0.50% | 1.22% |
Best Monthly Return Since Inception
11.52% (January 2023)
Worst Monthly Return Since Inception
-9.92% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -19.14% | 21.35% | 16.18% | 7.84% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% | 15.40% |
| Quartile Ranking | - | - | - | - | - | - | 4 | 1 | 3 | 3 |
| Category Rank | - | - | - | - | - | - | 96/ 103 | 25/ 118 | 85/ 139 | 137/ 190 |
Best Calendar Return (Last 10 years)
21.35% (2023)
Worst Calendar Return (Last 10 years)
-19.14% (2022)
Asset Allocation
Sector Allocation
Geographic Allocation
Top Holdings
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Structured Equity Yield Plus Fund Series A
Median
Other - Alternative Equity Focus
3 Yr Annualized
| Standard Deviation | 11.17% | - | - |
|---|---|---|---|
| Beta | 0.81 | - | - |
| Alpha | -0.07 | - | - |
| Rsquared | 0.62% | - | - |
| Sharpe | 0.62 | - | - |
| Sortino | 1.27 | - | - |
| Treynor | 0.09 | - | - |
| Tax Efficiency | 71.29% | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.76% | 11.17% | - | - |
| Beta | 0.35 | 0.81 | - | - |
| Alpha | -0.04 | -0.07 | - | - |
| Rsquared | 0.41% | 0.62% | - | - |
| Sharpe | 0.62 | 0.62 | - | - |
| Sortino | 0.84 | 1.27 | - | - |
| Treynor | 0.10 | 0.09 | - | - |
| Tax Efficiency | 52.89% | 71.29% | - | - |
Fund Details
| Start Date | September 14, 2021 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $8 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC8400 |
Investment Objectives
The investment objective of the fund is to provide investors with (i) the opportunity for long-term capital appreciation, (ii) stable, enhanced monthly distributions, and (iii) managed downside risk compared to a direct investment in the broad equity markets by investing, directly or indirectly, in a broad portfolio of North American and global equity securities and partially hedging the portfolio’s downside risk. The fund will use leverage.
Investment Strategy
The fund currently employs (i) index investment strategies tracking broad equity markets and specific sectors and (ii) a multi-factor portfolio selection strategy that is intended to create value and reduce risk over the investment period.
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 | 2.94% |
|---|---|
| Management Fee | 1.65% |
| 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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