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Cdn Small/Mid Cap Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021

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NAVPS
(04-15-2024)
$15.64
Change
-$0.14 (-0.90%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

Purpose Canadian Equity Growth Fund Series A

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Fund Returns

Inception Return (September 16, 2009): 4.05%

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 -0.23% 1.58% -5.10% 4.05% -10.76% -25.98% -24.90% 4.62% -6.16% -4.15% 0.66% 3.32% -0.56% 0.99%
Benchmark 7.49% 7.92% 14.37% 7.92% 8.22% -2.72% 3.99% 22.48% 7.82% 6.15% 4.23% 7.10% 5.60% 3.95%
Category Average 2.60% 14.10% 14.10% 6.51% 10.12% 0.73% 4.35% 17.73% 7.77% 6.08% 4.99% 6.38% 4.84% 4.30%
Category Rank 215 / 217 196 / 214 213 / 213 196 / 214 213 / 213 211 / 211 201 / 201 193 / 193 185 / 185 177 / 177 166 / 167 159 / 165 141 / 141 134 / 136
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -0.45% -7.16% -1.26% 8.10% -4.61% -2.26% -5.10% -1.97% 0.23% 1.58% 2.68% -0.23%
Benchmark -1.16% -4.06% 0.59% 6.09% -1.31% -5.24% -2.58% 4.84% 3.76% -0.37% 0.77% 7.49%

Best Monthly Return Since Inception

21.67% (November 2020)

Worst Monthly Return Since Inception

-19.66% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 21.62% -19.52% 16.64% 47.88% -20.34% 1.85% 90.49% -3.44% -46.39% -13.21%
Benchmark -2.34% -13.31% 38.48% 2.75% -18.17% 15.84% 12.87% 20.27% -9.29% 4.79%
Category Average 3.45% -6.13% 18.01% 3.43% -15.15% 16.59% 11.91% 22.35% -11.32% 6.49%
Quartile Ranking 1 4 3 1 4 4 1 4 4 4
Category Rank 6/ 135 139/ 140 110/ 162 2/ 167 160/ 177 180/ 184 2/ 189 201/ 201 210/ 210 213/ 213

Best Calendar Return (Last 10 years)

90.49% (2020)

Worst Calendar Return (Last 10 years)

-46.39% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 65.87
US Equity 20.95
Cash and Equivalents 10.60
Canadian Corporate Bonds 2.12
Derivatives 0.46

Sector Allocation

Sector Allocation
Name Percent
Technology 19.23
Energy 17.51
Cash and Cash Equivalent 10.61
Industrial Goods 10.13
Healthcare 7.52
Other 35.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 8.02
Royal Wins Corp 6.65
Evome Medical Technologies 4.84
Good Natured Products Inc - Pfd 4.41
Hammond Power Solutions Inc Cl A 3.39
Avanti Helium Corp 3.31
MEG Energy Corp 3.24
Valeura Energy Inc 3.19
Athabasca Oil Corp 3.19
Fairfax Financial Holdings Ltd 3.10

Equity Style

Market capitalization is medium. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Purpose Canadian Equity Growth Fund Series A

Median

Other - Cdn Small/Mid Cap Equity

3 Yr Annualized

Standard Deviation 16.80% 26.74% 22.83%
Beta 0.71% 0.84% 0.79%
Alpha -0.31% -0.12% -0.01%
Rsquared 0.50% 0.60% 0.49%
Sharpe -1.76% -0.18% 0.09%
Sortino -1.79% -0.34% 0.04%
Treynor -0.42% -0.06% 0.03%
Tax Efficiency - - 67.71%
Volatility Volatility rating is 9 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 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.84% 16.80% 26.74% 22.83%
Beta 0.60% 0.71% 0.84% 0.79%
Alpha -0.16% -0.31% -0.12% -0.01%
Rsquared 0.37% 0.50% 0.60% 0.49%
Sharpe -1.10% -1.76% -0.18% 0.09%
Sortino -1.22% -1.79% -0.34% 0.04%
Treynor -0.25% -0.42% -0.06% 0.03%
Tax Efficiency - - - 67.71%

Fund Details

Start Date September 16, 2009
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
FIM740
PFC4900

Investment Objectives

The fund seeks to outperform the broad Canadian equity market as measured by the S&P/TSX Composite Index, over a time period longer than 5 years, providing long-term capital appreciation and value by investing primarily in equities of Canadian issuers. To assist in achieving this objective the fund may focus its assets in specific industry sectors and asset classes based on analysis of business cycles, industry sectors and market outlook.

Investment Strategy

The investment advisor adheres to a top-down approach that focuses on the overall market and sector specific issues and a bottom-up approach that focuses on company specific issues. The fund has the ability to take positions in equities (including income trusts), fixed income securities, convertible securities, mutual funds, ETFs and cash. The investment advisor will seek to identify and select for the fund the best risk return opportunities it finds available across the capitalization spectrum.

Portfolio Manager(s)

Name Start Date
Bruce Campbell 08-11-2009

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor StoneCastle Investment Management Ltd.
Custodian CIBC Mellon Trust Company
Registrar CIBC Mellon Global Securities Services Company
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 500
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 1,000

Fees

MER 3.06%
Management Fee 2.50%
Load Front Fee Only
FE Max 1.00%
DSC Max -
LL Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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