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Purpose Global Bond Class - ETF Share (IGB : TSX)
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
Close (07-30-2026) |
$17.82 |
|---|---|
| Change |
-$0.02
(-0.11%)
|
| Open | $17.80 |
|---|---|
| Day Range | $17.80 - $17.82 |
| Volume | 14,515 |
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (June 15, 2018): 2.96%
| 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 | 0.36% | 2.74% | 1.25% | 1.25% | 3.47% | 6.29% | 6.77% | 6.42% | 2.76% | 3.91% | 3.31% | 3.00% | - | - |
| Benchmark | 2.52% | 3.06% | 3.70% | 3.70% | 6.25% | 7.75% | 7.57% | 6.70% | 2.41% | 1.24% | 2.24% | 2.74% | 2.70% | 2.60% |
| Category Average | 0.22% | 0.96% | 0.96% | 0.96% | 3.79% | 4.89% | 4.93% | - | - | - | - | - | - | - |
| Category Rank | 153 / 320 | 55 / 320 | 142 / 315 | 142 / 315 | 181 / 308 | 82 / 283 | 71 / 273 | 73 / 272 | 76 / 254 | 66 / 235 | 70 / 220 | 102 / 204 | - | - |
| Quartile Ranking | 2 | 1 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.27% | 1.19% | 0.77% | -0.22% | 0.14% | 0.01% | 0.37% | 0.38% | -2.18% | 1.37% | 0.98% | 0.36% |
| Benchmark | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% | 2.52% |
Best Monthly Return Since Inception
5.17% (November 2023)
Worst Monthly Return Since Inception
-10.07% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 3.28% | 6.34% | 2.22% | -7.67% | 7.80% | 7.01% | 6.13% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | - | - | - | 4 | 1 | 2 | 2 | 2 | 2 | 2 |
| Category Rank | - | - | - | 196/ 213 | 56/ 234 | 73/ 247 | 88/ 255 | 95/ 273 | 90/ 282 | 84/ 299 |
Best Calendar Return (Last 10 years)
7.80% (2023)
Worst Calendar Return (Last 10 years)
-7.67% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 60.22 |
| Cash and Equivalents | 21.22 |
| Foreign Government Bonds | 11.05 |
| Canadian Corporate Bonds | 4.39 |
| Canadian Government Bonds | 2.57 |
| Other | 0.55 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 81.39 |
| Cash and Cash Equivalent | 21.22 |
| Other | -2.61 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 74.18 |
| Latin America | 10.40 |
| Europe | 8.30 |
| Africa and Middle East | 5.41 |
| Asia | 0.67 |
| Other | 1.04 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury Bill (USD) | 17.49 |
| United States Treasury Bill (USD) | 4.40 |
| United States Dollar | 2.13 |
| Cash and Cash Equivalents | 1.59 |
| CDX ITRAXX.XO.45.V1 R 5% 5.00% 20-Jun-2031 | 1.01 |
| Cox Asset Mexico Sa Cv (USD) 7.75% 08-May-2036 | 0.99 |
| Argentina Government 1.50% 09-Jul-2035 | 0.98 |
| Galaxy Pipeline Asset BdCo Ltd 2.94% 30-Sep-2040 | 0.81 |
| Serbia International Bond (EUR) 4.88% 06-May-2038 | 0.78 |
| Brazilian Government International Bond (EUR) 5.50% 23-Apr-2036 | 0.73 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Global Bond Class - ETF Share
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 4.75% | 5.48% | - |
|---|---|---|---|
| Beta | 0.57% | 0.55% | - |
| Alpha | 0.02% | 0.01% | - |
| Rsquared | 0.30% | 0.36% | - |
| Sharpe | 0.67% | -0.01% | - |
| Sortino | 1.44% | -0.03% | - |
| Treynor | 0.06% | 0.00% | - |
| Tax Efficiency | 69.41% | 29.72% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.17% | 4.75% | 5.48% | - |
| Beta | 0.21% | 0.57% | 0.55% | - |
| Alpha | 0.02% | 0.02% | 0.01% | - |
| Rsquared | 0.09% | 0.30% | 0.36% | - |
| Sharpe | 0.36% | 0.67% | -0.01% | - |
| Sortino | 0.18% | 1.44% | -0.03% | - |
| Treynor | 0.05% | 0.06% | 0.00% | - |
| Tax Efficiency | 45.39% | 69.41% | 29.72% | - |
Fund Details
| Start Date | June 15, 2018 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $414 |
| 52 Week High | $18.76 |
| 52 Week Low | $17.79 |
| Annual Dividend | $0.87 |
| 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 investment objective of the fund is to provide Shareholders with exposure to a diversified portfolio of corporate, government or other bonds, and debt instruments or debt-like securities, of investment grade and noninvestment grade North American and/or international issuers. This could include investments in corporate bonds, notes, floating rate notes, convertible bonds, preferred shares, bank loans, government bonds or other income-producing securities.
Investment Strategy
The fund invests primarily in the Purpose Tactical Bond Fund (the "underlying fund"), which is also managed by the manager. In accordance with its investment objective, the underlying fund will invest primarily in corporate fixed-income securities. The fund may invest up to 25% of its assets in fixed income securities that are rated below investment grade. The underlying fund may also invest in government and other sovereign debt.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc.
|
|---|---|
| Sub-Advisor |
Purpose Investments Inc. |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Fees
| MER | 0.55% |
|---|---|
| Management Fee | 0.50% |
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