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High Yield Fixed Income
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NAVPS (07-26-2024) |
$15.68 |
---|---|
Change |
$0.05
(0.31%)
|
As at June 30, 2024
As at June 30, 2024
Inception Return (September 04, 2013): 1.40%
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 | 0.17% | -0.20% | 0.74% | 0.74% | 4.77% | 2.03% | -0.81% | 0.49% | 0.59% | 1.03% | 0.59% | 1.12% | 1.02% | 0.91% |
Benchmark | 1.79% | 2.35% | 6.59% | 6.59% | 14.42% | 13.47% | 3.38% | 3.80% | 3.77% | 4.27% | 4.15% | 5.14% | 5.27% | 5.98% |
Category Average | 0.68% | 2.56% | 2.56% | 2.56% | 7.97% | 6.42% | 0.23% | 2.95% | 2.20% | 2.59% | 2.42% | 3.11% | 2.73% | 2.49% |
Category Rank | 285 / 301 | 284 / 301 | 278 / 301 | 278 / 301 | 280 / 295 | 284 / 292 | 246 / 286 | 255 / 276 | 253 / 270 | 234 / 250 | 223 / 238 | 206 / 221 | 189 / 193 | 181 / 181 |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.04% | 0.03% | -1.13% | -0.80% | 3.75% | 2.13% | -0.02% | -0.01% | 0.96% | -1.44% | 1.08% | 0.17% |
Benchmark | 1.08% | 2.51% | -1.32% | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% | 0.00% | 1.79% |
4.50% (April 2020)
-7.19% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | 2.62% | -1.93% | 7.03% | 1.69% | -3.96% | 5.76% | 6.14% | -0.63% | -6.74% | 3.82% |
Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
Quartile Ranking | 3 | 2 | 4 | 4 | 4 | 4 | 2 | 4 | 1 | 4 |
Category Rank | 117/ 173 | 79/ 185 | 182/ 201 | 199/ 229 | 188/ 240 | 232/ 265 | 93/ 275 | 253/ 277 | 53/ 286 | 278/ 295 |
7.03% (2016)
-6.74% (2022)
Name | Percent |
---|---|
Foreign Corporate Bonds | 73.13 |
Canadian Corporate Bonds | 13.02 |
Canadian Government Bonds | 5.05 |
Cash and Equivalents | 4.52 |
Foreign Government Bonds | 3.39 |
Other | 0.89 |
Name | Percent |
---|---|
Fixed Income | 96.07 |
Cash and Cash Equivalent | 2.99 |
Exchange Traded Fund | 1.52 |
Financial Services | 0.05 |
Healthcare | 0.05 |
Other | -0.68 |
Name | Percent |
---|---|
North America | 95.37 |
Europe | 2.08 |
Latin America | 1.10 |
Africa and Middle East | 0.32 |
Asia | 0.18 |
Other | 0.95 |
Name | Percent |
---|---|
iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 66.57 |
Purpose Global Bond Fund ETF (BND) | 15.23 |
BMO Mid Corporate Bond Index ETF (ZCM) | 12.91 |
BMO Mid Federal Bond Index ETF (ZFM) | 4.38 |
Purpose Cash Management Fund ETF - Closed | 1.52 |
United States Dollar | 0.22 |
Canadian Dollar | -0.12 |
Cash and Cash Equivalents | -0.72 |
Purpose Total Return Bond Fund Series A
Median
Other - High Yield Fixed Income
Standard Deviation | 5.29% | 6.01% | 4.83% |
---|---|---|---|
Beta | 0.40% | 0.58% | 0.39% |
Alpha | -0.02% | -0.02% | -0.01% |
Rsquared | 0.27% | 0.46% | 0.31% |
Sharpe | -0.70% | -0.22% | -0.09% |
Sortino | -0.86% | -0.46% | -0.52% |
Treynor | -0.09% | -0.02% | -0.01% |
Tax Efficiency | - | - | - |
Volatility |
|
|
|
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 4.99% | 5.29% | 6.01% | 4.83% |
Beta | 0.49% | 0.40% | 0.58% | 0.39% |
Alpha | -0.02% | -0.02% | -0.02% | -0.01% |
Rsquared | 0.13% | 0.27% | 0.46% | 0.31% |
Sharpe | -0.01% | -0.70% | -0.22% | -0.09% |
Sortino | 0.72% | -0.86% | -0.46% | -0.52% |
Treynor | 0.00% | -0.09% | -0.02% | -0.01% |
Tax Efficiency | 63.09% | - | - | - |
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) | - |
FundServ Code | Load Code | Sales Status |
---|---|---|
PFC100 |
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.
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.
Name | Start Date |
---|---|
Purpose Investments Inc. | 09-04-2013 |
Neuberger Berman Breton Hill ULC | 12-10-2020 |
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 |
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 |
MER | 1.47% |
---|---|
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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