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Purpose Cash Management Class A Units

Canadian Money Market

NAVPS
(01-03-2025)
$10.00
Change
$0.00 (0.01%)

As at November 30, 2024

As at November 30, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
Viewing Data ranges from 2022-10-05 00:00:00 to 2024-11-30 00:00:00.
End of interactive chart.

Legend

Purpose Cash Management Class A Units

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Fund Returns

Inception Return (September 14, 2022): 4.55%

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 0.30% 1.00% 2.16% 4.24% 4.65% 4.62% - - - - - - - -
Benchmark 0.29% 0.96% 2.11% 4.18% 4.60% 4.62% 3.61% 2.72% 2.31% 2.20% 2.07% 1.89% 1.73% 1.62%
Category Average 0.26% 0.87% 1.90% 3.75% 4.13% 4.05% 2.98% 2.19% 1.86% 1.75% 1.59% 1.43% 1.29% 1.17%
Category Rank 102 / 277 91 / 276 79 / 267 89 / 264 90 / 264 88 / 241 - - - - - - - -
Quartile Ranking 2 2 2 2 2 2 - - - - - - - -

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.2879 to 0.44.
End of interactive chart.
Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 0.39% 0.44% 0.38% 0.37% 0.43% 0.40% 0.36% 0.41% 0.37% 0.36% 0.34% 0.30%
Benchmark 0.41% 0.40% 0.40% 0.40% 0.41% 0.40% 0.39% 0.38% 0.36% 0.34% 0.33% 0.29%

Best Monthly Return Since Inception

0.44% (January 2024)

Worst Monthly Return Since Inception

0.27% (October 2022)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.114159 to 4.708726.
End of interactive chart.
Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 4.65%
Benchmark 0.91% 0.55% 0.50% 0.65% 1.34% 1.66% 0.56% 0.11% 1.95% 4.71%
Category Average 0.30% 0.02% 0.24% 0.35% 0.69% 1.20% 0.45% -0.11% 1.13% 4.06%
Quartile Ranking - - - - - - - - - 2
Category Rank - - - - - - - - - 92/ 241

Best Calendar Return (Last 10 years)

4.65% (2023)

Worst Calendar Return (Last 10 years)

4.65% (2023)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 98.22
Canadian Corporate Bonds 1.78

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 98.22
Fixed Income 1.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Canada Government 07-May-2025 2.61
Canada Government 09-Apr-2025 2.52
Rideau Trail Funding 2.24
Canada Government 15-Jan-2025 1.98
Canada Government 18-Dec-2024 1.65
Banner Trust 07-Mar-2025 1.53
Canada Government 06-Dec-2024 1.35
Zeus Receivables Trust 20-Mar-2025 1.23
British Columbia Province 23-May-2025 1.22
Lakeshore Trust 03-Jun-2025 1.22

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: H.

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 0.14% - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date September 14, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC7900

Investment Objectives

The fund seeks to earn a high rate of income, while at the same time preserving capital and maintaining liquidity, by investing primarily in high-quality debt securities, 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 high-quality short term corporate debt instruments.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 03-17-2020

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.47%
Management Fee 0.50%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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