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Purpose USD Cash Management Fund Class A

U.S. Money Market

NAVPS
(06-14-2024)
$10.00
Change
$0.00 (0.01%)

As at May 31, 2024

Period
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Legend

Purpose USD Cash Management Fund Class A

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Fund Returns

Inception Return (April 14, 2023): 5.16%

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 0.44% 1.32% 2.66% 2.22% 5.20% - - - - - - - - -
Benchmark 0.40% 1.22% 2.44% 2.03% 4.95% 4.24% 2.87% 2.17% 2.03% 2.06% 1.95% 1.76% 1.58% 1.42%
Category Average 0.40% 2.58% 2.58% 2.19% 5.21% 4.20% 2.83% 2.14% 2.02% 2.02% 1.88% 1.70% 1.53% 1.39%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.40% 0.42% 0.35% 0.40% 0.45% 0.43% 0.43% 0.48% 0.42% 0.40% 0.48% 0.44%
Benchmark 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%

Best Monthly Return Since Inception

0.48% (April 2024)

Worst Monthly Return Since Inception

0.01% (April 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 0.03% 0.05% 0.28% 0.88% 1.87% 2.08% 0.44% 0.04% 1.76% 4.82%
Category Average 0.10% 0.14% 0.34% 0.71% 1.63% 2.04% 0.51% 0.07% 1.38% 4.91%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Sector Allocation

Geographic Allocation

Top Holdings

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 April 14, 2023
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC7980

Investment Objectives

The fund seeks to earn a high rate of U.S. dollar income, while at the same time preserving capital and maintaining liquidity, by investing primarily in high-quality debt securities denominated in U.S. dollars, generally maturing in not more than one year.

Investment Strategy

To achieve its investment objectives, the fund intends to have a significant proportion of its portfolio invested in U.S. dollar denominated high-quality short term corporate debt instruments.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 04-14-2023

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian -
Registrar -
Distributor -
Auditor -

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.51%
Management Fee -
Load Back Fee Only
FE Max 2.50%
DSC Max -
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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