Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Fund Search
ETF Search
Stock Search

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info

Purpose USD Cash Management Fund Class A

  • Premium Feature Only
Add to My Watchlist

U.S. Money Market

NAVPS
(11-19-2024) 		$10.00
Change
$0.00 (0.01%)

As at October 31, 2024

Period
Loading...

Legend

Purpose USD Cash Management Fund Class A

Compare Options

Fund Returns

Inception Return (April 14, 2023): 5.13%

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 0.40% 1.22% 2.53% 4.36% 5.25% - - - - - - - - -
Benchmark 0.40% 1.22% 2.44% 4.11% 4.95% 4.82% 3.56% 2.67% 2.27% 2.26% 2.18% 2.00% 1.80% 1.62%
Category Average 0.43% 1.22% 2.51% 4.34% 5.13% 4.92% 3.53% 2.66% 2.29% 2.25% 2.13% 1.94% 1.76% 1.60%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 0.43% 0.43% 0.48% 0.42% 0.40% 0.48% 0.44% 0.39% 0.46% 0.41% 0.41% 0.40%
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 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.10% - - -
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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info