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Purpose Silver Bullion Fund - ETF Non-Currency Hedged Unit (SBT.B : TSX)

Commodity

Close
(06-14-2024)
$21.61
Change
$0.47 (2.22%)
Open $21.50
Day Range $21.50 - $21.50
Volume 250

As at May 31, 2024

As at May 31, 2024

Period
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Legend

Purpose Silver Bullion Fund - ETF Non-Currency Hedged Unit

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Fund Returns

Inception Return (March 31, 2011): 0.39%

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 16.16% 40.74% 25.29% 35.17% 34.48% 23.80% 7.48% 14.55% 16.27% 11.60% 8.24% 8.50% 7.36% 6.54%
Benchmark 2.77% 5.07% 11.79% 7.58% 17.55% 7.08% 7.35% 13.44% 10.14% 8.92% 8.75% 9.19% 7.72% 7.53%
Category Average 5.29% 15.80% 15.80% 17.49% 19.88% 13.39% 6.29% 8.02% 12.44% 9.75% 7.72% 7.17% 6.69% 5.65%
Category Rank 4 / 64 1 / 62 1 / 62 2 / 62 1 / 62 1 / 62 26 / 60 2 / 55 3 / 54 7 / 51 13 / 48 9 / 44 15 / 41 19 / 40
Quartile Ranking 1 1 1 1 1 1 2 1 1 1 2 1 2 2

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund -5.80% 7.96% 3.23% -5.53% 2.89% 5.18% -7.31% -1.66% -2.34% 10.28% 9.86% 16.16%
Benchmark 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77%

Best Monthly Return Since Inception

33.20% (July 2020)

Worst Monthly Return Since Inception

-21.42% (September 2011)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -10.88% -0.37% 13.17% -3.43% -2.19% 11.18% 43.17% -13.64% 9.89% -3.46%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average -3.70% -6.31% 11.08% 2.59% -2.08% 16.32% 28.34% -6.50% 3.28% 5.58%
Quartile Ranking 4 3 1 4 3 3 1 4 1 4
Category Rank 29/ 36 27/ 40 9/ 43 41/ 46 33/ 48 31/ 54 2/ 54 50/ 58 4/ 60 54/ 62

Best Calendar Return (Last 10 years)

43.17% (2020)

Worst Calendar Return (Last 10 years)

-13.64% (2021)

Asset Allocation

Asset Allocation
Name Percent
Commodities 99.78
Cash and Equivalents 0.22

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 0.22
Other 99.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 0.22
Other 99.78

Top Holdings

Top Holdings
Name Percent
Silver Bullion 99.03
SILVER CERTIFICATE 0.74
Cash and Cash Equivalents 0.22
United States Dollar 0.00

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Purpose Silver Bullion Fund - ETF Non-Currency Hedged Unit

Median

Other - Commodity

3 Yr Annualized

Standard Deviation 25.89% 30.79% 25.35%
Beta 0.27% 0.51% 0.44%
Alpha 0.08% 0.14% 0.06%
Rsquared 0.02% 0.07% 0.05%
Sharpe 0.29% 0.57% 0.31%
Sortino 0.50% 1.00% 0.44%
Treynor 0.28% 0.34% 0.18%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 25.76% 25.89% 30.79% 25.35%
Beta 0.28% 0.27% 0.51% 0.44%
Alpha 0.28% 0.08% 0.14% 0.06%
Rsquared 0.02% 0.02% 0.07% 0.05%
Sharpe 1.09% 0.29% 0.57% 0.31%
Sortino 2.55% 0.50% 1.00% 0.44%
Treynor 1.00% 0.28% 0.34% 0.18%
Tax Efficiency 100.00% 100.00% 100.00% 100.00%

Fund Details

Start Date March 31, 2011
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -
52 Week High $23.30
52 Week Low $15.34
Annual Dividend -
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

The Fund has been created to buy and hold substantially all of its assets in silver bullion and, incidental thereto, minor amounts of silver certificates.

Investment Strategy

The Fund invests in and holds substantially all of its assets in long-term holdings of silver bullion in order to provide investors with a secure, convenient, low-cost alternative for investors interested in holding an investment in silver bullion.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 04-11-2016

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian Canadian Imperial Bank of Commerce
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Fees

MER 0.47%
Management Fee 0.40%

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