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PK Core Fund Class A

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Tactical Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-29-2024) 		$19.29
Change
-$0.03 (-0.16%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

PK Core Fund Class A

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Fund Returns

Inception Return (October 09, 2018): -0.31%

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 2.14% 8.47% 13.64% 8.47% 12.95% 3.10% 4.15% 5.29% -0.45% - - - - -
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 1.99% 11.46% 11.46% 4.38% 9.40% 2.80% 3.17% 7.29% 4.50% 4.05% 3.79% 4.45% 3.50% 3.87%
Category Rank 127 / 360 14 / 360 106 / 360 14 / 360 89 / 358 169 / 358 135 / 342 255 / 334 300 / 317 - - - - -
Quartile Ranking 2 1 2 1 1 2 2 4 4 - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.94% 0.51% 1.56% 0.90% -1.24% -3.19% 0.55% 4.12% 0.08% 3.60% 2.51% 2.14%
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%

Best Monthly Return Since Inception

4.80% (July 2022)

Worst Monthly Return Since Inception

-17.00% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 1.72% -12.87% 9.61% -9.96% 6.80%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 6.78% 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35%
Quartile Ranking - - - - - 4 4 3 3 3
Category Rank - - - - - 312/ 312 332/ 332 211/ 336 206/ 357 252/ 358

Best Calendar Return (Last 10 years)

9.61% (2021)

Worst Calendar Return (Last 10 years)

-12.87% (2020)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 36.65
Canadian Equity 30.64
US Equity 27.95
Income Trust Units 3.82
Commodities 0.95
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 29.46
Financial Services 14.65
Technology 12.92
Consumer Services 11.37
Industrial Goods 9.82
Other 21.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.06
Other 0.94

Top Holdings

Top Holdings
Name Percent
Horizons USD Cash Maximizer ETF (HSUV.U) 23.87
Purpose Cash Management Fund ETF - Closed 7.19
Constellation Software Inc 4.03
JPMorgan Chase & Co 4.01
Berkshire Hathaway Inc Cl B 4.01
Hammond Power Solutions Inc Cl A 3.94
PRO REIT - Units 3.82
Royal Bank of Canada 3.68
United States Dollar 3.57
Amazon.com Inc 3.18

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

PK Core Fund Class A

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 8.87% 10.96% -
Beta 0.75% 0.92% -
Alpha 0.01% -0.05% -
Rsquared 0.58% 0.46% -
Sharpe 0.21% -0.16% -
Sortino 0.22% -0.29% -
Treynor 0.02% -0.02% -
Tax Efficiency 99.94% - -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.94% 8.87% 10.96% -
Beta 0.72% 0.75% 0.92% -
Alpha 0.04% 0.01% -0.05% -
Rsquared 0.60% 0.58% 0.46% -
Sharpe 1.11% 0.21% -0.16% -
Sortino 2.52% 0.22% -0.29% -
Treynor 0.11% 0.02% -0.02% -
Tax Efficiency 100.00% 99.94% - -

Fundata ESG Metrics

Fundata ESG Score

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.

Fundata E Score

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.

Fundata S Score

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.

Fundata G Score

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.

View the full methodology

Fund Details

Start Date October 09, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC3600

Investment Objectives

The fund’s investment objectives are to provide unitholders with an attractive level of long-term capital growth by dynamically investing in a broad range of asset classes and geographies which may include equity, fixed income, inflation-sensitive securities, alternative investments and cash with the goal of achieving a positive total return in diverse market environments while reducing portfolio risk.

Investment Strategy

The fund primarily employs a dynamic rules-based asset allocation strategy to gain exposure to multiple asset classes and geographies with the goal of achieving a positive total return in diverse market environments while minimizing portfolio risk. The fund is not limited to how much it invests in each asset class or geographical region. The fund's sub-advisor tactically allocates assets based on market conditions.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 09-26-2018
Canaccord Genuity Corp 10-14-2022

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 Canaccord Genuity Corp
Auditor Ernst & Young LLP

Investment Minimums

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

Fees

MER 1.41%
Management Fee 1.40%
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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