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Global Equity Balanced
Click for more information on Fundata’s ESG Grade
Click for more information on Fundata’s ESG Grade.
|
NAVPS (12-23-2024) |
$24.32 |
|---|---|
| Change |
$0.06
(0.24%)
|
As at November 30, 2024
As at November 30, 2024
As at July 31, 2024
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Inception Return (October 24, 2023): 23.47%
| 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 | 3.00% | 5.10% | 9.01% | 16.48% | 19.82% | - | - | - | - | - | - | - | - | - |
| Benchmark | 3.57% | 6.48% | 11.92% | 21.38% | 24.12% | 16.67% | 7.75% | 8.70% | 9.16% | 9.70% | 8.52% | 9.33% | 8.82% | 9.35% |
| Category Average | 3.28% | 5.12% | 9.51% | 17.25% | 20.37% | 12.66% | 5.69% | 7.24% | 7.10% | 7.58% | 6.12% | 6.72% | 6.36% | 6.19% |
| Category Rank | 935 / 1,348 | 820 / 1,335 | 976 / 1,331 | 871 / 1,324 | 847 / 1,320 | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | - | - | - | - | - | - | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.87% | 0.69% | 2.29% | 2.84% | -1.24% | 2.15% | -0.37% | 3.87% | 0.23% | 2.08% | -0.04% | 3.00% |
| Benchmark | 2.26% | 1.06% | 4.23% | 2.30% | -1.69% | 2.36% | 2.01% | 3.06% | -0.02% | 2.38% | 0.42% | 3.57% |
5.11% (November 2023)
-1.24% (April 2024)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 13.13% | 17.03% | 3.66% | 11.99% | 0.72% | 16.29% | 12.17% | 11.33% | -12.03% | 15.07% |
| Category Average | 7.89% | 4.87% | 4.92% | 9.31% | -5.49% | 15.12% | 8.09% | 12.42% | -11.85% | 11.42% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
-
-
| Name | Percent |
|---|---|
| International Equity | 27.28 |
| Canadian Equity | 27.16 |
| US Equity | 22.43 |
| Canadian Government Bonds | 7.20 |
| Commodities | 4.58 |
| Other | 11.35 |
| Name | Percent |
|---|---|
| Financial Services | 15.52 |
| Fixed Income | 13.58 |
| Technology | 11.97 |
| Consumer Goods | 6.56 |
| Healthcare | 5.53 |
| Other | 46.84 |
| Name | Percent |
|---|---|
| North America | 66.69 |
| Asia | 13.67 |
| Europe | 13.01 |
| Latin America | 0.98 |
| Africa and Middle East | 0.80 |
| Other | 4.85 |
| Name | Percent |
|---|---|
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 14.78 |
| Purpose Core Equity Income Fund ETF (RDE) | 10.37 |
| Invesco S&P 500 Equal Weight Index ETF C$H (EQL.F) | 8.80 |
| BMO Aggregate Bond Index ETF (ZAG) | 8.57 |
| iShares Core MSCI EAFE ETF (IEFA) | 7.59 |
| Invesco QQQ ETF (QQQ) | 6.71 |
| Purpose Tactical Asset Allocation Fund ETF (RTA) | 6.59 |
| Purpose International Dividend Fund ETF (PID) | 6.43 |
| Vanguard FTSE Emerging Mkts All Cap Idx ETF (VEE) | 4.87 |
| Purpose Gold Bullion Fund ETF (KILO) | 4.56 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.58% | - | - | - |
| Beta | 0.80% | - | - | - |
| Alpha | 0.01% | - | - | - |
| Rsquared | 0.67% | - | - | - |
| Sharpe | 2.48% | - | - | - |
| Sortino | 9.36% | - | - | - |
| Treynor | 0.17% | - | - | - |
| Tax Efficiency | - | - | - | - |
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
| 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 |
|---|---|---|
| PFC22200 |
The fund seeks to provide unitholders with 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 | 1.58% |
|---|---|
| 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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