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Canadian Money Market

NAVPS
(04-11-2024)
$10.00
Change
$0.00 (0.01%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

Purpose High Interest Savings Fund Class A

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Fund Returns

Inception Return (January 27, 2023): 4.89%

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 0.36% 0.40% 0.44% 1.12% 4.93% - - - - - - - - -
Benchmark 0.40% 1.21% 2.46% 1.21% 4.85% 3.91% 2.64% 2.02% 1.95% 1.87% 1.72% 1.56% 1.45% 1.39%
Category Average 0.33% 2.22% 2.22% 1.06% 4.21% 3.17% 2.05% 1.59% 1.48% 1.39% 1.25% 1.11% 1.01% 0.93%
Category Rank 140 / 235 157 / 233 104 / 232 157 / 233 58 / 219 - - - - - - - - -
Quartile Ranking 3 3 2 3 2 - - - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.41% 0.41% 0.39% 0.42% 0.41% 0.40% 0.44% 0.41% 0.41% 0.40% 0.37% 0.36%
Benchmark 0.35% 0.36% 0.37% 0.40% 0.41% 0.41% 0.41% 0.41% 0.41% 0.40% 0.40% 0.40%

Best Monthly Return Since Inception

0.44% (October 2023)

Worst Monthly Return Since Inception

0.06% (January 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
National Bank Cash Account 5.10% 31-Dec-2049 49.57
Scotiabank Deposit Account 5.50% 31-Dec-2049 10.30
Canada Government 0.00% 25-Apr-2024 9.94
Canada Government 0.00% 09-May-2024 9.09
Canada Government 0.00% 20-Jun-2024 6.39
Canada Government 0.00% 11-Apr-2024 5.72
Canada Government 0.00% 23-May-2024 5.68
Scotiabank Cash Account 4.80% 31-Dec-2049 2.36
Canada Government 0.00% 04-Jul-2024 0.91
Cash and Cash Equivalents 0.04

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date January 27, 2023
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
PFC8500

Investment Objectives

The Purpose High Interest Savings ETF seeks to maximize monthly income while preserving capital and liquidity. The Fund invests all of its assets in high interest deposit accounts with one or more chartered banks, providing investors with greater yield than traditional money market funds.

Investment Strategy

The Purpose High Interest Savings ETF invests all of the Fund's assets in high interest deposit accounts with one or more of chartered banks and/or Canadian credit unions.

Portfolio Manager(s)

Name Start Date
Neuberger Berman Breton Hill ULC 01-27-2023
Purpose Investments Inc. 01-27-2023

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100
PAC Subsequent 100
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER -
Management Fee 0.40%
Load Front Fee Only
FE Max 0.00%
DSC Max -
LL Max -
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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