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Purpose Global Innovators Fund Series A

North American Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-18-2024)
$19.73
Change
-$0.17 (-0.85%)

As at June 30, 2024

As at June 30, 2024

As at February 29, 2024

Period
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Legend

Purpose Global Innovators Fund Series A

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Fund Returns

Inception Return (July 11, 2011): 5.65%

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 6.54% 4.17% 14.66% 14.66% 17.25% 7.60% -10.38% -1.04% 1.65% 0.76% 2.26% 3.76% 1.04% 2.28%
Benchmark 1.28% 2.40% 12.57% 12.57% 20.29% 18.43% 9.89% 14.82% 12.75% 11.74% 11.96% 12.31% 11.34% 11.38%
Category Average 1.22% 9.75% 9.75% 9.75% 16.63% 15.78% 5.39% 12.04% 9.61% 8.88% 9.08% 9.41% 7.96% 8.36%
Category Rank 3 / 177 41 / 177 60 / 177 60 / 177 95 / 176 144 / 165 137 / 137 121 / 122 109 / 110 83 / 84 77 / 77 72 / 74 45 / 45 30 / 31
Quartile Ranking 1 1 2 2 3 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -0.79% -0.89% -5.57% -3.48% 9.80% 3.91% 5.85% 6.65% -2.50% -5.36% 3.32% 6.54%
Benchmark 2.65% -0.16% -4.09% -1.39% 7.17% 2.86% 1.77% 4.26% 3.60% -2.26% 3.45% 1.28%

Best Monthly Return Since Inception

12.11% (May 2020)

Worst Monthly Return Since Inception

-12.73% (January 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 9.67% 5.91% -5.35% 13.25% -11.88% 11.08% 49.68% -2.21% -40.31% 10.46%
Benchmark 17.31% 5.50% 14.85% 11.54% -2.58% 24.09% 10.91% 26.72% -9.17% 17.51%
Category Average 14.45% 6.38% 4.55% 10.59% -6.12% 20.45% 16.55% 18.87% -14.77% 16.96%
Quartile Ranking 4 2 4 1 4 4 1 4 4 3
Category Rank 21/ 25 19/ 39 65/ 68 15/ 77 77/ 79 82/ 91 3/ 116 133/ 136 141/ 141 120/ 168

Best Calendar Return (Last 10 years)

49.68% (2020)

Worst Calendar Return (Last 10 years)

-40.31% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 84.14
International Equity 8.84
Canadian Equity 5.61
Cash and Equivalents 1.41

Sector Allocation

Sector Allocation
Name Percent
Technology 70.65
Consumer Services 6.54
Real Estate 6.16
Utilities 5.77
Industrial Goods 3.46
Other 7.42

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.17
Asia 4.75
Europe 4.09
Other -0.01

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 8.75
NVIDIA Corp 7.18
Amazon.com Inc 6.53
Lam Research Corp 4.87
Taiwan Semiconductor Manufactrg Co Ltd - ADR 4.75
ASML Holding NV - ADR 4.09
8Twelve Financial Technologies Inc 4.02
Meta Platforms Inc Cl A 3.90
Broadcom Inc 3.61
Advanced Micro Devices Inc 3.60

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Purpose Global Innovators Fund Series A

Median

Other - North American Equity

3 Yr Annualized

Standard Deviation 18.09% 19.11% 16.10%
Beta 0.90% 0.84% 0.93%
Alpha -0.19% -0.07% -0.07%
Rsquared 0.43% 0.38% 0.47%
Sharpe -0.68% 0.07% 0.13%
Sortino -0.82% 0.03% 0.05%
Treynor -0.14% 0.02% 0.02%
Tax Efficiency - 100.00% 100.00%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 9 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 18.02% 18.09% 19.11% 16.10%
Beta 1.31% 0.90% 0.84% 0.93%
Alpha -0.08% -0.19% -0.07% -0.07%
Rsquared 0.62% 0.43% 0.38% 0.47%
Sharpe 0.70% -0.68% 0.07% 0.13%
Sortino 1.53% -0.82% 0.03% 0.05%
Treynor 0.10% -0.14% 0.02% 0.02%
Tax Efficiency 100.00% - 100.00% 100.00%

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 July 11, 2011
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC4304

Investment Objectives

The fund seeks to provide shareholders with long term capital growth through the selection, management and strategic sector rotation and trading of global positions in equity, debt and derivative securities. The fund may have exposure to all sectors of the economy, with the ability to focus its assets in specific industry sectors and asset classes based on analysis of business cycles, industry sectors and market outlook.

Investment Strategy

The Fund’s portfolio will consist primarily of investments which generate capital gains, but will also include investments which generate income. The Fund may have exposure to all sectors of the economy, with the ability to focus its assets in specific industry sectors and asset classes based on analysis of business cycles, industry sectors and market outlook. The Fund will be global in nature and invest in small, medium and large cap companies.

Portfolio Manager(s)

Name Start Date
Greg Taylor 12-15-2017

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
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 50
SWP Allowed Yes
SWP Min Balance 15,000
SWP Min Withdrawal 100

Fees

MER 2.77%
Management Fee 1.75%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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