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Purpose Total Return Bond Fund Series A
High Yield Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-24-2026) |
$15.18 |
|---|---|
| Change |
$0.02
(0.12%)
|
As at July 31, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (September 04, 2013): 1.74%
| 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 | -0.83% | 0.05% | -0.17% | 0.12% | 1.23% | 2.60% | 4.04% | 2.30% | 0.95% | 1.25% | 1.47% | 1.66% | 1.25% | 1.49% |
| Benchmark | -1.29% | 3.37% | 4.17% | 3.90% | 6.59% | 8.26% | 10.95% | 10.62% | 5.75% | 5.25% | 5.36% | 5.59% | 5.64% | 5.76% |
| Category Average | -0.48% | 0.20% | 0.61% | 1.15% | 3.58% | 4.95% | 6.20% | 5.21% | 2.39% | 3.38% | 3.15% | 3.30% | 3.10% | 3.43% |
| Category Rank | 203 / 254 | 181 / 253 | 229 / 252 | 217 / 251 | 235 / 248 | 231 / 242 | 233 / 235 | 233 / 235 | 214 / 229 | 213 / 218 | 212 / 213 | 195 / 197 | 183 / 185 | 168 / 170 |
| Quartile Ranking | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.72% | 0.71% | -0.17% | 0.10% | -0.25% | 0.29% | 0.07% | -1.19% | 0.92% | 0.42% | 0.47% | -0.83% |
| Benchmark | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% | 2.93% | -1.29% |
Best Monthly Return Since Inception
4.50% (April 2020)
Worst Monthly Return Since Inception
-7.19% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.03% | 1.69% | -3.96% | 5.76% | 6.14% | -0.63% | -6.74% | 3.82% | 4.55% | 3.47% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | 4 | 4 | 4 | 4 | 2 | 4 | 1 | 4 | 4 | 4 |
| Category Rank | 151/ 168 | 167/ 176 | 142/ 187 | 200/ 211 | 80/ 217 | 209/ 222 | 37/ 229 | 230/ 235 | 233/ 241 | 226/ 242 |
Best Calendar Return (Last 10 years)
7.03% (2016)
Worst Calendar Return (Last 10 years)
-6.74% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 69.25 |
| Cash and Equivalents | 15.41 |
| Canadian Government Bonds | 7.84 |
| Canadian Corporate Bonds | 5.05 |
| Foreign Government Bonds | 1.63 |
| Other | 0.82 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 84.95 |
| Cash and Cash Equivalent | 8.56 |
| Exchange Traded Fund | 6.86 |
| Other | -0.37 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 96.38 |
| Latin America | 1.27 |
| Europe | 1.13 |
| Africa and Middle East | 0.46 |
| Asia | 0.03 |
| Other | 0.73 |
Top Holdings
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 62.62 |
| Purpose Global Bond Class ETF (IGB) | 14.25 |
| BMO Mid Federal Bond Index ETF (ZFM) | 7.57 |
| Purpose Cash Management Fund ETF - Closed | 6.86 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 5.15 |
| Cash and Cash Equivalents | 3.11 |
| Canadian Dollar | 0.38 |
| United States Dollar | 0.06 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Total Return Bond Fund Series A
Median
Other - High Yield Fixed Income
3 Yr Annualized
| Standard Deviation | 3.79% | 4.57% | 4.68% |
|---|---|---|---|
| Beta | 0.27 | 0.36 | 0.42 |
| Alpha | 0.01 | -0.01 | -0.01 |
| Rsquared | 0.11% | 0.23% | 0.31% |
| Sharpe | 0.16 | -0.42 | -0.07 |
| Sortino | 0.45 | -0.54 | -0.38 |
| Treynor | 0.02 | -0.05 | -0.01 |
| Tax Efficiency | 57.01% | - | - |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.20% | 3.79% | 4.57% | 4.68% |
| Beta | 0.26 | 0.27 | 0.36 | 0.42 |
| Alpha | 0.00 | 0.01 | -0.01 | -0.01 |
| Rsquared | 0.25% | 0.11% | 0.23% | 0.31% |
| Sharpe | -0.48 | 0.16 | -0.42 | -0.07 |
| Sortino | -0.91 | 0.45 | -0.54 | -0.38 |
| Treynor | -0.04 | 0.02 | -0.05 | -0.01 |
| Tax Efficiency | - | 57.01% | - | - |
Fund Details
| Start Date | September 04, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC100 |
Investment Objectives
The fund seeks to achieve a positive total return in diverse market environments over time by tactically allocating its assets among a broad range of fixed income securities, including government debt, investment grade corporate debt and high yield debt.
Investment Strategy
The fund obtains exposure primarily to a portfolio of fixed income securities including government debt, investment grade corporate debt, notes and high yield debt instruments. The fund primarily invests in a portfolio of North American fixed income securities but may also invest globally. The fund also may engage in short selling as permitted by NI 81-102.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Neuberger Berman Breton Hill ULC |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 5,000 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 15,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.45% |
|---|---|
| Management Fee | 0.95% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.50% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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