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Purpose Tactical Asset Allocation Fund - ETF Shares (RTA : NEO)
Tactical Balanced
Click for more information on Fundata’s FundGrade
FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
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FundGrade A+® Rating Recipient
2021, 2020
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|
Close (10-27-2026) |
$35.79 |
|---|---|
| Change |
$0.12
(0.34%)
|
| Open | $35.74 |
|---|---|
| Day Range | $35.74 - $35.80 |
| Volume | 7,157 |
As at September 30, 2026
As at September 30, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (May 24, 2017): 7.44%
| 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 | -0.02% | 0.96% | 9.36% | 10.41% | 11.84% | 12.82% | 13.18% | 10.77% | 7.13% | 7.96% | 8.44% | 8.32% | 8.05% | - |
| Benchmark | 0.35% | -0.75% | 9.44% | 9.10% | 9.32% | 11.53% | 14.97% | 13.80% | 7.48% | 7.64% | 7.95% | 7.84% | 7.90% | 7.52% |
| Category Average | -1.43% | 5.16% | 5.16% | 6.26% | 7.45% | 8.64% | 11.77% | 10.32% | 5.80% | 6.73% | 6.15% | 5.76% | 5.46% | 5.32% |
| Category Rank | 36 / 329 | 47 / 329 | 33 / 329 | 57 / 326 | 76 / 325 | 63 / 318 | 121 / 315 | 144 / 313 | 86 / 288 | 96 / 279 | 56 / 272 | 39 / 253 | 39 / 241 | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | - |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.74% | 0.78% | -0.23% | -0.10% | 2.66% | -1.56% | 3.08% | 4.08% | 0.96% | 0.12% | 0.86% | -0.02% |
| Benchmark | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% | -1.63% | 0.55% | 0.35% |
Best Monthly Return Since Inception
6.85% (April 2020)
Worst Monthly Return Since Inception
-5.16% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -1.32% | 13.61% | 13.45% | 10.50% | -7.82% | 9.12% | 11.22% | 11.72% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% | 11.73% | 10.14% |
| Quartile Ranking | - | - | 1 | 2 | 1 | 3 | 2 | 2 | 3 | 2 |
| Category Rank | - | - | 42/ 242 | 124/ 258 | 14/ 277 | 164/ 279 | 91/ 293 | 116/ 313 | 200/ 315 | 95/ 318 |
Best Calendar Return (Last 10 years)
13.61% (2019)
Worst Calendar Return (Last 10 years)
-7.82% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 33.95 |
| Canadian Government Bonds | 33.56 |
| Canadian Corporate Bonds | 15.10 |
| Canadian Equity | 8.51 |
| Foreign Corporate Bonds | 3.80 |
| Other | 5.08 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 49.92 |
| Technology | 19.56 |
| Exchange Traded Fund | 8.21 |
| Financial Services | 5.19 |
| Consumer Services | 3.68 |
| Other | 13.44 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 98.55 |
| Europe | 1.21 |
| Latin America | 0.12 |
| Asia | 0.07 |
| Multi-National | 0.03 |
| Other | 0.02 |
Top Holdings
| Name | Percent |
|---|---|
| Vanguard Canadian Short-Term Bond Index ETF (VSB) | 49.95 |
| SPDR S&P 500 ETF Trust (SPY) | 24.84 |
| Invesco QQQ ETF (QQQ) | 10.27 |
| Global X S&P/TSX 60 Index ETF (CNDX) | 5.99 |
| Purpose Cash Management Fund ETF - Closed | 2.89 |
| Vanguard Short-Term Bond Index ETF (BSV) | 2.83 |
| Mackenzie Canadian Equity Index ETF (QCN) | 2.49 |
| Purpose USD Cash Management Fund Class A | 0.68 |
| Cash and Cash Equivalents | 0.06 |
| United States Dollar | 0.00 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Tactical Asset Allocation Fund - ETF Shares
Median
Other - Tactical Balanced
3 Yr Annualized
| Standard Deviation | 5.98% | 7.03% | - |
|---|---|---|---|
| Beta | 0.79% | 0.76% | - |
| Alpha | 0.01% | 0.01% | - |
| Rsquared | 0.78% | 0.79% | - |
| Sharpe | 1.56% | 0.58% | - |
| Sortino | 3.47% | 0.91% | - |
| Treynor | 0.12% | 0.05% | - |
| Tax Efficiency | 93.80% | 92.88% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.50% | 5.98% | 7.03% | - |
| Beta | 0.65% | 0.79% | 0.76% | - |
| Alpha | 0.05% | 0.01% | 0.01% | - |
| Rsquared | 0.78% | 0.78% | 0.79% | - |
| Sharpe | 1.66% | 1.56% | 0.58% | - |
| Sortino | 4.35% | 3.47% | 0.91% | - |
| Treynor | 0.14% | 0.12% | 0.05% | - |
| Tax Efficiency | 91.00% | 93.80% | 92.88% | - |
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.
Fund Details
| Start Date | May 24, 2017 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $330 |
| 52 Week High | $36.20 |
| 52 Week Low | $31.97 |
| Annual Dividend | $1.28 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | - |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
The fund seeks to provide long-term capital appreciation with lower volatility and correlation to the overall equity markets by investing in ETFs that are listed on North American exchanges and that represent North American equities, bonds and cash, using a tactical approach. The fund’s tactical investment approach can allocate the portfolio to equities, bonds and cash to achieve its objectives.
Investment Strategy
The portfolio manager will employ a proprietary, quantitatively driven investment process which drives its asset allocation decisions. The fund’s quantitative approach provides signals to the portfolio management team to increase equity exposure in up-markets and increase bond exposure in down-markets, in an effort to generate returns and also to avoid significant market declines.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Fees
| MER | 0.94% |
|---|---|
| Management Fee | 0.75% |
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