Join Fund Library now and get free access to personalized features to help you manage your investments.
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-30-2024) |
$17.32 |
|---|---|
| Change |
-$0.05
(-0.31%)
|
As at March 31, 2024
As at March 31, 2024
Loading...
Inception Return (October 26, 2016): 1.64%
| 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 | 0.81% | 1.08% | 6.34% | 1.08% | 1.71% | 0.05% | 0.29% | 3.54% | 1.08% | 1.99% | 1.37% | - | - | - |
| Benchmark | 1.80% | 5.77% | 13.57% | 5.77% | 12.38% | 6.05% | 3.87% | 6.63% | 5.64% | 5.56% | 5.88% | 6.44% | 5.97% | 7.01% |
| Category Average | 1.96% | 12.03% | 12.03% | 4.49% | 10.15% | 3.31% | 3.22% | 7.67% | 4.79% | 4.62% | 4.52% | 5.09% | 4.15% | 4.67% |
| Category Rank | 1,712 / 1,734 | 1,701 / 1,734 | 1,697 / 1,710 | 1,701 / 1,734 | 1,650 / 1,683 | 1,596 / 1,616 | 1,393 / 1,433 | 1,335 / 1,357 | 1,294 / 1,300 | 1,143 / 1,165 | 1,000 / 1,006 | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.02% | -3.11% | 0.69% | 0.13% | -1.01% | -2.09% | -1.26% | 3.85% | 2.59% | 0.44% | -0.17% | 0.81% |
| Benchmark | 1.29% | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% |
5.15% (April 2020)
-8.67% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 2.30% | -1.48% | 7.94% | 0.08% | 5.08% | -4.06% | 0.60% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | 4 | 1 | 4 | 4 | 4 | 1 | 4 |
| Category Rank | - | - | - | 973/ 1,001 | 260/ 1,144 | 1,237/ 1,256 | 1,324/ 1,343 | 1,349/ 1,424 | 50/ 1,563 | 1,680/ 1,682 |
7.94% (2019)
-4.06% (2022)
| Name | Percent |
|---|---|
| US Equity | 32.49 |
| Foreign Corporate Bonds | 23.30 |
| Canadian Equity | 16.38 |
| Foreign Government Bonds | 11.49 |
| Cash and Equivalents | 8.76 |
| Other | 7.58 |
| Name | Percent |
|---|---|
| Fixed Income | 40.99 |
| Financial Services | 9.35 |
| Energy | 6.91 |
| Exchange Traded Fund | 5.99 |
| Healthcare | 5.68 |
| Other | 31.08 |
| Name | Percent |
|---|---|
| North America | 92.67 |
| Europe | 4.02 |
| Latin America | 1.55 |
| Africa and Middle East | 0.50 |
| Multi-National | 0.18 |
| Other | 1.08 |
| Name | Percent |
|---|---|
| Purpose Global Bond Fund ETF (BND) | 18.51 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 14.37 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 7.64 |
| Purpose Cash Management Fund ETF - Closed | 5.99 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 3.42 |
| Exxon Mobil Corp | 1.17 |
| Abbvie Inc | 1.16 |
| Manulife Financial Corp | 1.03 |
| Merck & Co Inc | 0.99 |
| Procter & Gamble Co | 0.91 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 5.79% | 6.99% | - |
|---|---|---|---|
| Beta | 0.52% | 0.66% | - |
| Alpha | -0.02% | -0.02% | - |
| Rsquared | 0.65% | 0.58% | - |
| Sharpe | -0.37% | -0.09% | - |
| Sortino | -0.59% | -0.31% | - |
| Treynor | -0.04% | -0.01% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.63% | 5.79% | 6.99% | - |
| Beta | 0.72% | 0.52% | 0.66% | - |
| Alpha | -0.07% | -0.02% | -0.02% | - |
| Rsquared | 0.65% | 0.65% | 0.58% | - |
| Sharpe | -0.43% | -0.37% | -0.09% | - |
| Sortino | -0.24% | -0.59% | -0.31% | - |
| Treynor | -0.04% | -0.04% | -0.01% | - |
| Tax Efficiency | 8.93% | - | - | - |
| Start Date | October 26, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2500 |
The fund seeks to provide (i) a moderate positive total return consisting of dividend income and capital appreciation, while trying to reduce portfolio volatility and (ii) monthly distributions, by investing in a broad range of asset classes which may include equities, fixed income, inflation sensitive securities and cash.
To achieve its investment objectives, the fund will use primarily rules-based portfolio selection strategies to invest in a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash, with the goal of generating income and achieving a moderate positive total return in diverse market environments while reducing portfolio volatility. The fund will, from time to time employ various investment strategies.
| Name | Start Date |
|---|---|
| Neuberger Berman Breton Hill ULC | 10-26-2016 |
| Purpose Investments Inc. | 10-26-2016 |
| Fund Manager | Purpose Investments Inc. |
|---|---|
| Advisor | Purpose Investments Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | CIBC Mellon Global Securities Services |
| Distributor | - |
| Auditor | Ernst & Young LLP, Chartered Accountants |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 5,000 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 15,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.83% |
|---|---|
| Management Fee | 1.55% |
| 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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
