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Global Neutral Balanced
|
NAVPS (07-17-2025) |
$23.77 |
|---|---|
| Change |
$0.09
(0.40%)
|
As at June 30, 2025
As at June 30, 2025
Inception Return (October 24, 2023): 15.22%
| 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 | 1.55% | 3.36% | 6.48% | 6.48% | 13.02% | - | - | - | - | - | - | - | - | - |
| Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
| Category Average | 1.87% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.12% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
| Category Rank | 1,329 / 1,816 | 446 / 1,771 | 44 / 1,769 | 44 / 1,769 | 215 / 1,749 | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 3 | 2 | 1 | 1 | 1 | - | - | - | - | - | - | - | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.43% | 0.69% | 1.69% | -0.28% | 2.25% | -1.70% | 2.46% | 0.64% | -0.09% | -0.88% | 2.69% | 1.55% |
| Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
4.28% (November 2023)
-1.70% (December 2024)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 11.08% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | 4 |
| Category Rank | - | - | - | - | - | - | - | - | - | 1,359/ 1,714 |
11.08% (2024)
11.08% (2024)
| Name | Percent |
|---|---|
| International Equity | 21.06 |
| Canadian Equity | 17.06 |
| US Equity | 15.33 |
| Cash and Equivalents | 10.65 |
| Canadian Government Bonds | 10.18 |
| Other | 25.72 |
| Name | Percent |
|---|---|
| Fixed Income | 31.84 |
| Exchange Traded Fund | 19.30 |
| Financial Services | 10.94 |
| Technology | 5.36 |
| Consumer Goods | 3.96 |
| Other | 28.60 |
| Name | Percent |
|---|---|
| North America | 70.75 |
| Europe | 11.30 |
| Asia | 9.54 |
| Multi-National | 4.09 |
| Africa and Middle East | 0.69 |
| Other | 3.63 |
| Name | Percent |
|---|---|
| Purpose Core Equity Income Fund ETF (RDE) | 11.73 |
| BMO Aggregate Bond Index ETF (ZAG) | 10.11 |
| Invesco S&P 500 Equal Weight Index ETF C$H (EQL.F) | 8.94 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 6.61 |
| Purpose Tactical Asset Allocation Fund ETF (RTA) | 6.42 |
| iShares Core Canadian Corp Bond Index ETF (XCB) | 6.41 |
| iShares Core MSCI EAFE ETF (IEFA) | 5.29 |
| Purpose International Dividend Fund ETF (PID) | 5.13 |
| Purpose Cash Management Fund ETF - Closed | 5.07 |
| iShares MSCI EAFE Min Vol Factor ETF (EFAV) | 5.06 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.43% | - | - | - |
| Beta | 0.68% | - | - | - |
| Alpha | 0.04% | - | - | - |
| Rsquared | 0.70% | - | - | - |
| Sharpe | 1.67% | - | - | - |
| Sortino | 4.03% | - | - | - |
| Treynor | 0.13% | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | October 24, 2023 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $3 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC22100 |
The fund seeks to provide unitholders with a combination of long-term capital growth and a moderate level of income, primarily by investing in a diverse portfolio of equity securities and fixed income securities located anywhere in the world. The fund’s objective is to outperform a passive balanced strategy over a full market cycle on a risk adjusted basis.
The portfolio manager will primarily invest in global equities, fixed income securities, and other asset classes as deemed appropriate. The portfolio construction approach blends both active and passive investment strategies, intentionally deploying active strategies in markets that are less efficient or where they can otherwise add value through expected performance and/or risk management.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
- |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.59% |
|---|---|
| Management Fee | 1.20% |
| 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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