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Misc - Inc&Real Property

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-15-2024)
$25.21
Change
-$0.09 (-0.35%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Purpose Diversified Real Asset Fund Series A

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Fund Returns

Inception Return (September 05, 2013): 4.04%

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 7.35% -3.29% 0.43% 4.89% 5.35% 0.71% 11.89% 19.45% 9.11% 8.22% 6.99% 7.31% 4.94% 3.66%
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 0.86% 3.15% 3.15% 1.60% 3.18% 1.34% 3.80% 5.39% 3.78% 3.82% 3.70% 3.70% 3.18% 3.43%
Category Rank 5 / 83 30 / 83 40 / 83 30 / 83 54 / 83 45 / 83 6 / 82 5 / 80 12 / 77 16 / 68 19 / 63 15 / 57 16 / 33 23 / 30
Quartile Ranking 1 2 2 2 3 3 1 1 1 1 2 2 2 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.00% -6.91% 3.43% 4.63% -1.08% -2.83% 0.43% 3.18% 0.11% -3.29% 1.03% 7.35%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

9.21% (April 2020)

Worst Monthly Return Since Inception

-17.33% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -4.90% -14.41% 13.79% 3.52% -7.90% 10.91% 3.35% 22.39% 15.50% -0.22%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 5.16% 2.24% 1.46% 4.39% 0.91% 7.57% 1.50% 10.36% -0.98% 2.53%
Quartile Ranking 4 4 1 4 4 2 1 1 1 4
Category Rank 29/ 29 30/ 33 8/ 49 47/ 59 62/ 66 32/ 76 14/ 79 15/ 82 5/ 82 75/ 83

Best Calendar Return (Last 10 years)

22.39% (2021)

Worst Calendar Return (Last 10 years)

-14.41% (2015)

Asset Allocation

Asset Allocation
Name Percent
US Equity 41.04
Cash and Equivalents 25.55
International Equity 14.03
Commodities 11.38
Canadian Equity 7.99
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Basic Materials 26.09
Exchange Traded Fund 22.53
Real Estate 17.53
Energy 11.93
Consumer Goods 5.90
Other 16.02

Geographic Allocation

Geographic Allocation
Name Percent
North America 74.51
Europe 8.01
Latin America 3.65
Asia 2.44
Other 11.39

Top Holdings

Top Holdings
Name Percent
Purpose Cash Management Fund ETF - Closed 22.53
Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) 7.26
Purpose Silver Bullion Fund ETF N-C Hgd (SBT.B) 3.62
BHP Group Ltd - ADR 2.28
American Tower Corp 2.15
Prologis Inc 2.06
Southern Copper Corp 1.92
Cash and Cash Equivalents 1.90
Nutrien Ltd 1.87
Equinix Inc 1.78

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 Diversified Real Asset Fund Series A

Median

Other - Misc - Inc&Real Property

3 Yr Annualized

Standard Deviation 14.16% 15.80% 13.19%
Beta 0.82% 0.86% 0.86%
Alpha 0.04% 0.01% -0.03%
Rsquared 0.60% 0.71% 0.68%
Sharpe 0.68% 0.51% 0.23%
Sortino 1.08% 0.63% 0.16%
Treynor 0.12% 0.09% 0.04%
Tax Efficiency 90.59% 89.85% -
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 13.35% 14.16% 15.80% 13.19%
Beta 0.77% 0.82% 0.86% 0.86%
Alpha -0.05% 0.04% 0.01% -0.03%
Rsquared 0.54% 0.60% 0.71% 0.68%
Sharpe 0.10% 0.68% 0.51% 0.23%
Sortino 0.35% 1.08% 0.63% 0.16%
Treynor 0.02% 0.12% 0.09% 0.04%
Tax Efficiency 73.53% 90.59% 89.85% -

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 September 05, 2013
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC500

Investment Objectives

The fund seeks to provide shareholders with exposure to a diversified portfolio of asset classes that are directly or indirectly linked to physical assets with positive correlation to inflation and are expected to maintain their real (after inflation) value over time. These assets may include precious metals and related equities; industrial, energy and agricultural commodities and related equities; real estate investment trusts (REITs); emerging market (EM) currencies.

Investment Strategy

The fund uses various asset classes to provide positive correlation to inflation including: precious metals and related equities; industrial, energy and agricultural commodities and related equities; real estate investment trusts (REITs); emerging market (EM) currencies; real return bonds and treasury inflation-protected securities; and cash. The portfolio will be tactically rebalanced on a monthly basis with a risk-parity based asset allocation strategy to maximize returns while reducing risk.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 09-05-2013
Neuberger Berman Canada ULC 08-26-2022

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, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.13%
Management Fee 1.60%
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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