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Purpose Canadian Preferred Share Fund - ETF Units (RPS : NEO)
Preferred Sh Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
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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
2018
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|
Close (08-03-2026) |
$26.07 |
|---|---|
| Change |
$0.00
(0.00%)
|
| Open | $26.07 |
|---|---|
| Day Range | - - - |
| Volume | 0 |
As at June 30, 2026
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (March 15, 2017): 5.64%
| 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 | 0.20% | 3.22% | 4.47% | 4.47% | 13.22% | 14.28% | 17.85% | 9.71% | 6.79% | 14.03% | 9.92% | 5.97% | 5.82% | - |
| Benchmark | -0.08% | 4.02% | 4.39% | 4.39% | 12.89% | 15.01% | 16.89% | 9.81% | 6.47% | 10.99% | 8.18% | 5.81% | 5.74% | 7.07% |
| Category Average | -0.05% | 4.02% | 4.02% | 4.02% | 11.70% | 13.10% | 15.13% | 9.17% | 5.68% | 10.46% | 7.61% | 5.39% | 5.23% | 6.58% |
| Category Rank | 10 / 61 | 52 / 61 | 33 / 61 | 33 / 61 | 31 / 61 | 39 / 58 | 20 / 58 | 38 / 58 | 31 / 58 | 8 / 53 | 12 / 52 | 28 / 46 | 31 / 43 | - |
| Quartile Ranking | 1 | 4 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 1 | 1 | 3 | 3 | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.18% | 0.11% | 0.87% | 1.53% | 0.45% | 1.99% | 0.36% | 1.04% | -0.19% | 1.69% | 1.30% | 0.20% |
| Benchmark | 3.19% | 0.22% | 0.80% | 2.24% | -0.08% | 1.55% | 0.39% | 0.89% | -0.92% | 2.51% | 1.56% | -0.08% |
Best Monthly Return Since Inception
10.99% (April 2020)
Worst Monthly Return Since Inception
-22.09% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -13.67% | 0.96% | 5.99% | 30.88% | -19.68% | 8.83% | 25.35% | 15.28% |
| Benchmark | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% | 24.70% | 16.03% |
| Category Average | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% | 21.47% | 13.42% |
| Quartile Ranking | - | - | 4 | 4 | 2 | 1 | 4 | 1 | 2 | 3 |
| Category Rank | - | - | 43/ 44 | 40/ 48 | 25/ 53 | 3/ 58 | 51/ 58 | 3/ 58 | 27/ 58 | 36/ 61 |
Best Calendar Return (Last 10 years)
30.88% (2021)
Worst Calendar Return (Last 10 years)
-19.68% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 73.69 |
| Canadian Corporate Bonds | 9.16 |
| Cash and Equivalents | 7.13 |
| Canadian Government Bonds | 6.59 |
| International Equity | 3.02 |
| Other | 0.41 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 25.29 |
| Energy | 23.73 |
| Utilities | 23.73 |
| Fixed Income | 15.96 |
| Cash and Cash Equivalent | 7.13 |
| Other | 4.16 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.96 |
| Latin America | 3.02 |
| Other | 0.02 |
Top Holdings
| Name | Percent |
|---|---|
| Royal Bank of Canada 4.20% PERP | 5.97 |
| Canada Government 15-Jul-2026 | 4.85 |
| Capital Power Corp - Pfd Sr 1 | 4.41 |
| Toronto-Dominion Bank - Pfd Cl A Sr 1 | 3.59 |
| TransAlta Corp - Pfd Sr E | 3.58 |
| Canadian Treasury Bill | 3.47 |
| TC Energy Corp - Pfd Sr 9 | 3.02 |
| Brookfield Corp - Pfd | 2.82 |
| Pembina Pipeline Corp - Pfd Cl A Sr 3 | 2.70 |
| Enbridge Inc - Pfd Sr 11 | 2.57 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Canadian Preferred Share Fund - ETF Units
Median
Other - Preferred Sh Fixed Income
3 Yr Annualized
| Standard Deviation | 7.86% | 10.33% | - |
|---|---|---|---|
| Beta | 0.89% | 0.98% | - |
| Alpha | 0.03% | 0.00% | - |
| Rsquared | 0.94% | 0.94% | - |
| Sharpe | 1.69% | 0.40% | - |
| Sortino | 4.19% | 0.58% | - |
| Treynor | 0.15% | 0.04% | - |
| Tax Efficiency | 87.57% | 69.72% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.33% | 7.86% | 10.33% | - |
| Beta | 0.74% | 0.89% | 0.98% | - |
| Alpha | 0.03% | 0.03% | 0.00% | - |
| Rsquared | 0.88% | 0.94% | 0.94% | - |
| Sharpe | 3.07% | 1.69% | 0.40% | - |
| Sortino | 20.68% | 4.19% | 0.58% | - |
| Treynor | 0.14% | 0.15% | 0.04% | - |
| Tax Efficiency | 85.48% | 87.57% | 69.72% | - |
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 | 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) | $38 |
| 52 Week High | $26.13 |
| 52 Week Low | $23.27 |
| Annual Dividend | $1.14 |
| 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 a consistent stream of income with potential for capital appreciation by investing in Canadian income producing securities and Canadian equities.
Investment Strategy
The fund will invest in Canadian preferred securities, with a focus on preferred securities; dividend paying Canadian equities; income and royalty trusts; ETFs; and fixed-income investments, with a view to consistent interest or distribution payments. Investments in floating rate preferred securities will be of Canadian issuers whose debt, at a minimum, has an investment grade rating at the time of purchase.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Purpose Investment Partners Inc. |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Fees
| MER | 0.93% |
|---|---|
| Management Fee | 0.75% |
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