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Global Fixed Inc Balanced
|
NAVPS (12-31-2024) |
$22.30 |
|---|---|
| Change |
$0.06
(0.26%)
|
As at November 30, 2024
As at November 30, 2024
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Inception Return (October 24, 2023): 16.76%
| 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 | 2.03% | 3.28% | 7.11% | 11.21% | 13.92% | - | - | - | - | - | - | - | - | - |
| Benchmark | 1.82% | 3.80% | 8.94% | 11.34% | 13.26% | 8.62% | 1.64% | 1.33% | 2.61% | 3.78% | 3.35% | 3.68% | 3.77% | 4.67% |
| Category Average | 2.12% | 3.04% | 7.08% | 9.55% | 12.91% | 7.67% | 2.18% | 2.70% | 3.31% | 4.17% | 3.26% | 3.64% | 3.62% | 3.37% |
| Category Rank | 581 / 989 | 542 / 975 | 606 / 973 | 249 / 969 | 355 / 968 | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 2 | 2 | - | - | - | - | - | - | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.43% | 0.32% | 0.80% | 1.91% | -0.84% | 1.60% | -0.15% | 2.97% | 0.86% | 1.56% | -0.33% | 2.03% |
| Benchmark | 1.73% | 0.36% | 1.41% | 1.04% | -1.39% | 0.79% | 1.45% | 3.61% | -0.15% | 2.06% | -0.11% | 1.82% |
3.94% (November 2023)
-0.84% (April 2024)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 11.35% | 16.91% | 0.39% | 3.81% | 5.53% | 6.30% | 9.09% | -0.49% | -11.13% | 6.74% |
| Category Average | 6.43% | 1.21% | 4.39% | 5.49% | -2.85% | 9.97% | 7.08% | 4.51% | -11.10% | 7.71% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
-
-
| Name | Percent |
|---|---|
| Canadian Equity | 17.96 |
| Canadian Corporate Bonds | 15.59 |
| Canadian Government Bonds | 14.79 |
| International Equity | 12.19 |
| US Equity | 11.94 |
| Other | 27.53 |
| Name | Percent |
|---|---|
| Fixed Income | 43.78 |
| Exchange Traded Fund | 12.15 |
| Financial Services | 7.89 |
| Cash and Cash Equivalent | 6.57 |
| Technology | 3.48 |
| Other | 26.13 |
| Name | Percent |
|---|---|
| North America | 77.14 |
| Europe | 9.11 |
| Multi-National | 4.59 |
| Asia | 3.84 |
| Latin America | 0.56 |
| Other | 4.76 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 14.86 |
| iShares Core Canadian Corp Bond Index ETF (XCB) | 10.34 |
| Purpose Core Equity Income Fund ETF (RDE) | 7.17 |
| Purpose Global Bond Fund ETF (BND) | 6.62 |
| Purpose International Dividend Fund ETF (PID) | 5.98 |
| Invesco S&P 500 Equal Weight Index ETF C$H (EQL.F) | 5.90 |
| Purpose Canadian Preferred Share Fund ETF (RPS) | 5.84 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 5.73 |
| iShares Core MSCI EAFE ETF (IEFA) | 5.65 |
| Mackenzie Unconstrained Bond ETF (MUB) | 4.54 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.10% | - | - | - |
| Beta | 0.73% | - | - | - |
| Alpha | 0.04% | - | - | - |
| Rsquared | 0.64% | - | - | - |
| Sharpe | 2.12% | - | - | - |
| Sortino | 7.84% | - | - | - |
| Treynor | 0.12% | - | - | - |
| 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) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC22000 |
The fund seeks to provide unitholders with a combination of income and moderate long-term capital growth, 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.
| Name | Start Date |
|---|---|
| Purpose Investments Inc. | 10-13-2023 |
| Fund Manager | Purpose Investments Inc. |
|---|---|
| Advisor | Purpose Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | - |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.61% |
|---|---|
| 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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