ETF Detail - Fund Library

Close (09-09-2024)	$19.74
Change	$0.09 (0.46%)

Open	-
Day Range	- - -
Volume	0

Closing Price / Volume

Period

Legend

Purpose US Preferred Share Fund - ETF Unit

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Fund Returns

Inception Return (March 15, 2017): 1.88%

Fund Returns
Row Heading	Return				Annualized Return
Row Heading	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	1.02%	3.57%	5.04%	8.01%	12.95%	3.76%	-2.15%	0.71%	1.05%	1.77%	1.40%	-	-	-
Benchmark	2.25%	5.23%	10.35%	16.76%	21.70%	6.15%	1.62%	7.96%	5.76%	3.10%	3.40%	5.00%	4.15%	2.47%
Category Average	2.03%	8.15%	8.15%	14.30%	19.67%	6.04%	1.38%	8.09%	5.62%	3.11%	3.26%	4.81%	4.28%	2.94%
Category Rank	63 / 66	58 / 66	61 / 66	62 / 66	63 / 66	59 / 64	62 / 64	62 / 64	56 / 58	49 / 52	47 / 49	-	-	-
Quartile Ranking	4	4	4	4	4	4	4	4	4	4	4	-	-	-

Monthly Return

Monthly Return
Return %	Aug	Sep	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul
Fund	-1.15%	-0.95%	-1.91%	4.92%	3.78%	2.84%	0.31%	1.69%	-0.58%	1.71%	0.80%	1.02%
Benchmark	-4.21%	1.44%	-2.80%	9.47%	0.82%	5.81%	0.13%	3.47%	1.22%	2.94%	-0.02%	2.25%

Best Monthly Return Since Inception

7.25% (April 2020)

Worst Monthly Return Since Inception

-13.19% (March 2020)

Calendar Return (%)

Calendar Return
Return %	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Fund	-	-	-	-	-6.14%	15.75%	4.02%	2.63%	-15.87%	3.81%
Benchmark	6.82%	-14.95%	6.98%	13.62%	-7.93%	3.48%	6.16%	19.35%	-18.08%	5.90%
Category Average	7.19%	-11.52%	8.78%	12.66%	-8.25%	4.17%	5.25%	19.63%	-16.73%	6.27%
Quartile Ranking	-	-	-	-	1	1	4	4	2	4
Category Rank	-	-	-	-	11/ 50	3/ 54	48/ 59	60/ 64	28/ 64	53/ 65

Best Calendar Return (Last 10 years)

15.75% (2019)

Worst Calendar Return (Last 10 years)

-15.87% (2022)

Asset Allocation

Asset Allocation
Name	Percent
Foreign Corporate Bonds	84.57
Foreign Government Bonds	7.63
US Equity	6.64
Cash and Equivalents	1.16

Sector Allocation

Sector Allocation
Name	Percent
Fixed Income	92.20
Financial Services	6.64
Cash and Cash Equivalent	1.16

Geographic Allocation

Geographic Allocation
Name	Percent
North America	74.08
Europe	25.91
Other	0.01

Top Holdings

Top Holdings
Name	Percent
Bank of New York Mellon Corporation (USD) (The) 3.75% 31-Dec-2049	4.18
Charles Schwab Corp - Pfd	4.14
Capital One Financial Corporation (USD) 3.95% 31-Dec-2049	3.91
PNC Financial Services Group Inc. (USD) (The) 3.40% 15-Dec-2169	3.90
US Bancorp (USD) 3.70% 15-Jan-2170	3.79
JPMorgan Chase & Company (USD) 3.65% 31-Dec-2049	3.76
Bank of America Corporation (USD) 4.38% 31-Dec-2049	3.62
M&T Bank Corporation (USD) 3.50% 31-Dec-2049	3.57
Citigroup Inc. (USD) 3.88% 18-May-2169	3.41
Skandinaviska Enskilda Bnkn AB 5.13% PERP	3.29

Equity Style

Fixed Income Style

Period:

Risk vs Return (3 Yr)

Purpose US Preferred Share Fund - ETF Unit

Median

Other - Preferred Sh Fixed Income

3 Yr Annualized

Standard Deviation	11.33%	11.48%	-
Beta	0.64%	0.59%	-
Alpha	-0.03%	-0.02%	-
Rsquared	0.47%	0.62%	-
Sharpe	-0.41%	-0.04%	-
Sortino	-0.52%	-0.14%	-
Treynor	-0.07%	-0.01%	-
Tax Efficiency	-	-	-
Volatility			-

Risk Rating

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio	1 Yr	3 Yr	5 Yr	10 Yr
Standard Deviation	7.18%	11.33%	11.48%	-
Beta	0.46%	0.64%	0.59%	-
Alpha	0.03%	-0.03%	-0.02%	-
Rsquared	0.64%	0.47%	0.62%	-
Sharpe	1.06%	-0.41%	-0.04%	-
Sortino	3.21%	-0.52%	-0.14%	-
Treynor	0.17%	-0.07%	-0.01%	-
Tax Efficiency	80.65%	-	-	-

No data available

Fund Details

Start Date	March 15, 2017
Instrument Type	Exchange Traded Fund
Share Class	Do-It-Yourself
Legal Status	Trust
Sales Status	Open
Currency	CAD
Distribution Frequency	Monthly
Assets ($mil)	-
52 Week High	$20.78
52 Week Low	$16.35
Annual Dividend	$1.13
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 seeks to provide unitholders with (i) with a regular stream of monthly distributions and (ii) opportunity for capital appreciation by investing primarily in U.S. dollar denominated investment grade preferred securities.

Investment Strategy

Portfolio Manager(s)

Name	Start Date
Neuberger Berman Investment Advisers LLC	03-15-2017
Purpose Investments Inc.	03-15-2017

Management and Organization

Fund Manager	Purpose Investments Inc.
Advisor	Purpose Investments Inc.
Custodian	CIBC Mellon Trust Company
Registrar	TSX Trust Company
Distributor	-
Auditor	Ernst & Young LLP

Fees

MER	0.88%
Management Fee	0.75%

Purpose US Preferred Share Fund - ETF Unit (RPU : NEO)

FundGrade D

FundGrade A+® Rating Recipient