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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 (10-23-2026) |
$14.75 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at September 30, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (September 04, 2013): 1.57%
| 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 | -2.24% | -2.74% | -0.98% | -1.81% | -2.12% | 0.34% | 3.74% | 2.67% | 0.62% | 0.83% | 1.13% | 1.35% | 1.01% | 1.15% |
| Benchmark | -0.43% | -1.85% | 2.60% | 3.31% | 2.96% | 7.15% | 10.31% | 10.47% | 5.25% | 5.18% | 5.13% | 5.53% | 5.43% | 5.34% |
| Category Average | -1.92% | -1.80% | 0.35% | -0.19% | 0.49% | 3.07% | 6.17% | 6.04% | 2.05% | 3.07% | 2.94% | 3.06% | 2.88% | 3.10% |
| Category Rank | 184 / 259 | 229 / 257 | 243 / 257 | 231 / 255 | 240 / 254 | 238 / 246 | 241 / 243 | 238 / 239 | 221 / 233 | 218 / 223 | 217 / 218 | 206 / 208 | 187 / 189 | 172 / 174 |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.17% | 0.10% | -0.25% | 0.29% | 0.07% | -1.19% | 0.92% | 0.42% | 0.47% | -0.83% | 0.32% | -2.24% |
| Benchmark | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% | 2.93% | -1.29% | -0.14% | -0.43% |
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 | 155/ 172 | 171/ 180 | 146/ 191 | 203/ 215 | 84/ 221 | 213/ 226 | 41/ 233 | 234/ 239 | 237/ 245 | 230/ 246 |
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 | 72.96 |
| Cash and Equivalents | 22.41 |
| Foreign Government Bonds | 1.69 |
| Canadian Government Bonds | 1.53 |
| Foreign Bonds - Other | 1.03 |
| Other | 0.38 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 77.77 |
| Exchange Traded Fund | 16.85 |
| Cash and Cash Equivalent | 5.56 |
| Other | -0.18 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.01 |
| Europe | 1.13 |
| Latin America | 0.88 |
| Africa and Middle East | 0.23 |
| Asia | 0.11 |
| Other | 0.64 |
Top Holdings
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 66.46 |
| Purpose Cash Management Fund ETF - Closed | 16.85 |
| Purpose Global Bond Class ETF (IGB) | 14.86 |
| BMO Mid Federal Bond Index ETF (ZFM) | 1.27 |
| United States Dollar | 0.59 |
| Cash and Cash Equivalents | 0.39 |
| Canadian Dollar | -0.43 |
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 | 3.98% | 4.68% | 4.73% |
|---|---|---|---|
| Beta | 0.31 | 0.37 | 0.42 |
| Alpha | 0.01 | -0.01 | -0.01 |
| Rsquared | 0.12% | 0.23% | 0.31% |
| Sharpe | 0.12 | -0.49 | -0.15 |
| Sortino | 0.29 | -0.60 | -0.46 |
| Treynor | 0.02 | -0.06 | -0.02 |
| Tax Efficiency | 53.94% | - | - |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.01% | 3.98% | 4.68% | 4.73% |
| Beta | 0.30 | 0.31 | 0.37 | 0.42 |
| Alpha | -0.03 | 0.01 | -0.01 | -0.01 |
| Rsquared | 0.16% | 0.12% | 0.23% | 0.31% |
| Sharpe | -1.44 | 0.12 | -0.49 | -0.15 |
| Sortino | -1.62 | 0.29 | -0.60 | -0.46 |
| Treynor | -0.14 | 0.02 | -0.06 | -0.02 |
| Tax Efficiency | - | 53.94% | - | - |
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 | FE | Open |
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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