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Purpose US Cash Fund Class A

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U.S. Money Market

NAVPS
(12-20-2024) 		$10.00
Change
$0.00 (0.01%)

As at November 30, 2024

As at November 30, 2024

Period
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Legend

Purpose US Cash Fund Class A

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Fund Returns

Inception Return (September 29, 2022): 6.15%

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 0.34% 1.12% 2.37% 4.48% 4.94% 6.39% - - - - - - - -
Benchmark 0.40% 1.22% 2.44% 4.53% 4.95% 4.86% 3.70% 2.77% 2.33% 2.30% 2.22% 2.05% 1.85% 1.66%
Category Average 0.36% 1.22% 2.47% 4.72% 5.13% 4.97% 3.66% 2.75% 2.34% 2.29% 2.18% 1.99% 1.80% 1.63%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 0.44% 0.42% 0.39% 0.38% 0.44% 0.42% 0.38% 0.44% 0.41% 0.41% 0.38% 0.34%
Benchmark 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%

Best Monthly Return Since Inception

3.20% (January 2023)

Worst Monthly Return Since Inception

0.01% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 7.97%
Benchmark 0.03% 0.05% 0.28% 0.88% 1.87% 2.08% 0.44% 0.04% 1.76% 4.82%
Category Average 0.10% 0.14% 0.34% 0.71% 1.63% 2.04% 0.51% 0.07% 1.38% 4.91%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

7.97% (2023)

Worst Calendar Return (Last 10 years)

7.97% (2023)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
National Bank US Cash Account 4.65% 31-Dec-2049 49.54
Scotiabank US Cash Account 4.50% 31-Dec-2049 42.17
Scotiabank Deposit Account 4.95% 31-Dec-2049 7.33
CIBC US Cash Account 4.45% 31-Dec-2049 0.96
Cash and Cash Equivalents 0.00

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

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 0.11% - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date September 29, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC7700

Investment Objectives

The fund seeks to maximize U.S. dollar monthly income for shareholders while preserving capital and liquidity by investing primarily in high interest deposit accounts and high-quality money market securities denominated in U.S. dollars and generally with term to maturity not exceeding one year.

Investment Strategy

To achieve its investment objectives the fund will invest primarily U.S. dollar denominated high interest deposit accounts with one or more Canadian chartered banks and/or Canadian Credit Unions.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 02-18-2016
Neuberger Berman Canada ULC 09-30-2020

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 No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.43%
Management Fee 0.45%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.25%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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