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Preferred Sh Fixed Income
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2018
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|
NAVPS (12-20-2024) |
$8.95 |
|---|---|
| Change |
$0.02
(0.20%)
|
As at November 30, 2024
As at September 30, 2024
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Inception Return (October 22, 2004): 5.91%
| 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 | 2.60% | 2.73% | 6.02% | 21.79% | 22.43% | 13.37% | 1.65% | 9.32% | 8.28% | 5.49% | 2.92% | 4.56% | 5.21% | 4.81% |
| Benchmark | 2.29% | 1.36% | 6.42% | 21.55% | 22.55% | 12.47% | 2.24% | 6.55% | 6.49% | 5.27% | 3.52% | 5.18% | 5.24% | 2.75% |
| Category Average | 2.02% | 2.25% | 6.38% | 19.18% | 20.65% | 11.95% | 2.15% | 6.75% | 6.41% | 5.30% | 3.44% | 4.99% | 5.19% | 3.22% |
| Category Rank | 14 / 65 | 11 / 63 | 50 / 63 | 28 / 63 | 31 / 63 | 30 / 63 | 54 / 63 | 13 / 63 | 16 / 58 | 34 / 53 | 39 / 49 | 32 / 36 | 19 / 24 | 4 / 19 |
| Quartile Ranking | 1 | 1 | 4 | 2 | 2 | 2 | 4 | 1 | 2 | 3 | 4 | 4 | 4 | 1 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.53% | 5.72% | 1.05% | 3.36% | 2.32% | 1.67% | 0.22% | 1.19% | 1.76% | 0.24% | -0.11% | 2.60% |
| Benchmark | 0.82% | 5.81% | 0.13% | 3.47% | 1.22% | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% | -1.38% | 2.29% |
10.92% (April 2020)
-22.15% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.54% | 7.07% | 10.45% | 12.15% | -14.36% | 0.10% | 5.11% | 29.81% | -20.33% | 7.95% |
| Benchmark | 6.82% | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% |
| Category Average | 7.19% | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% |
| Quartile Ranking | 4 | 1 | 1 | 3 | 4 | 4 | 3 | 1 | 4 | 1 |
| Category Rank | 17/ 19 | 2/ 21 | 5/ 30 | 27/ 36 | 49/ 49 | 52/ 53 | 42/ 58 | 5/ 63 | 63/ 63 | 13/ 63 |
29.81% (2021)
-20.33% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 69.51 |
| Cash and Equivalents | 21.04 |
| Canadian Corporate Bonds | 3.09 |
| Foreign Corporate Bonds | 2.26 |
| Canadian Government Bonds | 1.69 |
| Other | 2.41 |
| Name | Percent |
|---|---|
| Financial Services | 28.63 |
| Energy | 25.16 |
| Cash and Cash Equivalent | 21.04 |
| Utilities | 15.85 |
| Fixed Income | 6.14 |
| Other | 3.18 |
| Name | Percent |
|---|---|
| North America | 98.40 |
| Latin America | 1.61 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Canada Government 21-Nov-2024 | 6.91 |
| Cenovus Energy Inc - Pfd Sr 3 | 4.82 |
| Canada Government 18-Dec-2024 | 4.74 |
| Canada Government 10-Oct-2024 | 3.30 |
| Toronto-Dominion Bank - Pfd Cl A Sr 1 | 3.11 |
| TransAlta Corp - Pfd Sr E | 3.10 |
| Cenovus Energy Inc - Pfd Sr 1 | 2.43 |
| Brookfield Corp - Pfd | 2.22 |
| Pembina Pipeline Corp - Pfd Cl A Sr 3 | 2.19 |
| AltaGas Ltd - Pfd Sr G | 2.17 |
Purpose Canadian Preferred Share Fund Series A
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 12.41% | 17.05% | 13.98% |
|---|---|---|---|
| Beta | 0.99% | 1.08% | 0.97% |
| Alpha | -0.01% | 0.01% | 0.02% |
| Rsquared | 0.95% | 0.94% | 0.82% |
| Sharpe | -0.09% | 0.42% | 0.29% |
| Sortino | -0.07% | 0.51% | 0.26% |
| Treynor | -0.01% | 0.07% | 0.04% |
| Tax Efficiency | - | 71.92% | 54.08% |
| Volatility |
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|
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| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.70% | 12.41% | 17.05% | 13.98% |
| Beta | 0.77% | 0.99% | 1.08% | 0.97% |
| Alpha | 0.05% | -0.01% | 0.01% | 0.02% |
| Rsquared | 0.81% | 0.95% | 0.94% | 0.82% |
| Sharpe | 2.82% | -0.09% | 0.42% | 0.29% |
| Sortino | 49.05% | -0.07% | 0.51% | 0.26% |
| Treynor | 0.21% | -0.01% | 0.07% | 0.04% |
| Tax Efficiency | 89.12% | - | 71.92% | 54.08% |
| Start Date | October 22, 2004 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC1900 |
The fund seeks to provide a consistent stream of income with potential for capital appreciation by investing in Canadian income producing securities and Canadian equities.
The fund will invest in Canadian preferred securities, with a focus on preferred securities; dividend paying Canadian equities; income and royalty trusts; ETFs; and fixed-income investments, with a view to consistent interest or distribution payments. Investments in floating rate preferred securities will be of Canadian issuers whose debt, at a minimum, has an investment grade rating at the time of purchase.
| Name | Start Date |
|---|---|
| Purpose Investment Partners Inc. | 06-18-2018 |
| Purpose Investments Inc. | 06-18-2018 |
| Fund Manager | Purpose Investments Inc. |
|---|---|
| Advisor | Purpose Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Mellon Global Securities Services Company |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.72% |
|---|---|
| Management Fee | 1.50% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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