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Purpose Structured Equity Yield Plus Fund Series A

Alternative Equity Focus

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-14-2025)
$17.84
Change
$0.03 (0.16%)

As at April 30, 2025

As at March 31, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Nov 2021Mar 2022Jul 2022Nov 2022Mar 2023Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Mar 2025Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Oct 2024Jan 2025Apr 2025May 2022Jan 2023Sep 2023May 2024Jan 2025$7,000$8,000$9,000$10,000$11,000$12,000$13,000Period

Legend

Purpose Structured Equity Yield Plus Fund Series A

Compare Options


Fund Returns

Inception Return (September 14, 2021): 2.55%

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 -3.65% -7.57% -5.00% -5.70% 4.46% 11.97% 5.60% - - - - - - -
Benchmark -0.10% -2.00% 4.34% 1.41% 17.85% 13.20% 9.57% 10.07% 14.37% 10.31% 10.21% 9.29% 9.91% 8.27%
Category Average -0.78% -4.04% -0.82% -1.82% 6.93% 9.59% 6.30% 4.99% 8.81% 6.14% - - - -
Category Rank 174 / 230 139 / 223 174 / 209 152 / 221 135 / 185 49 / 148 78 / 135 - - - - - - -
Quartile Ranking 4 3 4 3 3 2 3 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.83% -0.21% 4.55% 0.87% 0.75% 0.86% 2.56% -1.77% 2.02% -1.04% -3.06% -3.65%
Benchmark 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10%

Best Monthly Return Since Inception

11.52% (January 2023)

Worst Monthly Return Since Inception

-9.92% (June 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-30%-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - -19.14% 21.35% 16.18%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average - - - - - 5.11% 17.27% -5.96% 6.54% 16.58%
Quartile Ranking - - - - - - - 4 1 3
Category Rank - - - - - - - 114/ 124 26/ 142 86/ 162

Best Calendar Return (Last 10 years)

21.35% (2023)

Worst Calendar Return (Last 10 years)

-19.14% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 62.14
Canadian Equity 26.90
International Equity 5.48
Cash and Equivalents 5.17
Income Trust Units 0.28
Other 0.03

Sector Allocation

Sector Allocation
Name Percent
Financial Services 30.39
Technology 18.09
Energy 10.07
Basic Materials 6.69
Healthcare 6.00
Other 28.76

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.13
Asia 2.61
Europe 1.21
Latin America 1.12
Africa and Middle East 0.79
Other 0.14

Top Holdings

Top Holdings
Name Percent
iShares Core S&P 500 Index ETF C$ Hgd (XSP) 21.63
iShares U.S. Small Cap Index ETF C$ Hgd (XSU) 19.03
BMO Equal Weight US Banks Hgd to CAD Idx ETF (ZUB) 13.37
iShares S&P/TSX 60 Index ETF (XIU) 12.20
iShares NASDAQ 100 Index ETF (XQQU) 9.43
iShares S&P/TSX Capped Energy Index ETF (XEG) 6.10
BMO Equal Weight Banks Index ETF (ZEB) 5.55
CAD Currency 4.97
iShares S&P/TSX Global Gold Index ETF (XGD) 3.72
iShares MSCI Emerging Markets Index ETF (XEM) 3.16

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return24681012141618202224262830323436-40%-30%-20%-10%0%10%20%30%

Purpose Structured Equity Yield Plus Fund Series A

Median

Other - Alternative Equity Focus

3 Yr Annualized

Standard Deviation 16.83% - -
Beta 1.13% - -
Alpha -0.05% - -
Rsquared 0.82% - -
Sharpe 0.17% - -
Sortino 0.35% - -
Treynor 0.03% - -
Tax Efficiency - - -
Volatility Volatility rating is 9 on a scale of 1 to 10 - -

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.51% 16.83% - -
Beta 0.68% 1.13% - -
Alpha -0.07% -0.05% - -
Rsquared 0.69% 0.82% - -
Sharpe 0.12% 0.17% - -
Sortino 0.30% 0.35% - -
Treynor 0.01% 0.03% - -
Tax Efficiency 39.60% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A32.232.236.736.70%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A32.432.438.838.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A30.030.034.434.40%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A40.140.141.541.50%10%20%30%40%50%60%70%80%90%100%

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, 2021
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status -
Sales Status Capped
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

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 3.45%
Management Fee 1.65%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.20%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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