Try Fund Library Premium
For Free with a 30 day trial!
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-22-2025) |
$15.45 |
|---|---|
| Change |
-$0.02
(-0.14%)
|
As at April 30, 2025
As at April 30, 2025
Loading...
Inception Return (September 06, 2013): 3.33%
| 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 | -1.20% | 0.15% | 1.56% | 2.63% | 8.42% | 5.78% | 3.87% | 3.85% | 5.84% | 4.03% | 3.95% | 3.15% | 3.55% | 2.90% |
| Benchmark | -2.19% | -4.23% | 1.37% | -1.63% | 11.00% | 10.11% | 8.82% | 5.03% | 6.22% | 5.84% | 6.18% | 5.77% | 6.97% | 6.59% |
| Category Average | -1.53% | -3.30% | 0.71% | -0.84% | 8.59% | 7.60% | 5.79% | 3.60% | 6.15% | 4.75% | 4.87% | 4.51% | 5.24% | 4.46% |
| Category Rank | 390 / 1,766 | 34 / 1,765 | 450 / 1,759 | 18 / 1,765 | 1,113 / 1,725 | 1,511 / 1,663 | 1,535 / 1,622 | 778 / 1,441 | 806 / 1,343 | 999 / 1,295 | 941 / 1,160 | 866 / 988 | 856 / 926 | 759 / 809 |
| Quartile Ranking | 1 | 1 | 2 | 1 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.69% | -0.75% | 3.34% | 1.45% | 1.88% | -0.98% | 1.62% | -2.62% | 2.47% | 1.08% | 0.28% | -1.20% |
| Benchmark | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% |
5.76% (April 2020)
-10.01% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -5.49% | 10.11% | 2.29% | -5.06% | 10.11% | 2.22% | 8.60% | -3.69% | 4.61% | 7.01% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | 4 | 1 | 4 | 4 | 4 | 4 | 3 | 1 | 4 | 4 |
| Category Rank | 777/ 782 | 37/ 891 | 943/ 970 | 917/ 1,116 | 1,115/ 1,236 | 1,261/ 1,327 | 812/ 1,413 | 51/ 1,555 | 1,640/ 1,662 | 1,663/ 1,715 |
10.11% (2016)
-5.49% (2015)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 28.18 |
| Canadian Equity | 17.88 |
| US Equity | 17.25 |
| International Equity | 12.40 |
| Cash and Equivalents | 9.85 |
| Other | 14.44 |
| Name | Percent |
|---|---|
| Fixed Income | 40.59 |
| Financial Services | 9.11 |
| Energy | 7.99 |
| Basic Materials | 7.26 |
| Cash and Cash Equivalent | 6.65 |
| Other | 28.40 |
| Name | Percent |
|---|---|
| North America | 81.26 |
| Europe | 9.02 |
| Asia | 3.89 |
| Latin America | 2.42 |
| Africa and Middle East | 0.68 |
| Other | 2.73 |
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 20.51 |
| Purpose Global Bond Fund ETF (BND) | 15.26 |
| Purpose International Dividend Fund ETF (PID) | 7.50 |
| Cash and Cash Equivalents | 6.78 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 4.98 |
| BMO Mid Federal Bond Index ETF (ZFM) | 3.08 |
| Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) | 2.21 |
| Purpose Premium Yield Fund ETF (PYF) | 2.00 |
| Purpose Emerging Markets Dividend Fund ETF (REM) | 2.00 |
| Purpose Cash Management Fund ETF - Closed | 1.30 |
Purpose Monthly Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 7.71% | 6.86% | 6.94% |
|---|---|---|---|
| Beta | 0.78% | 0.66% | 0.60% |
| Alpha | -0.03% | 0.02% | -0.01% |
| Rsquared | 0.71% | 0.59% | 0.41% |
| Sharpe | 0.02% | 0.51% | 0.20% |
| Sortino | 0.20% | 0.64% | 0.02% |
| Treynor | 0.00% | 0.05% | 0.02% |
| Tax Efficiency | 37.20% | 59.47% | 16.89% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.08% | 7.71% | 6.86% | 6.94% |
| Beta | 0.59% | 0.78% | 0.66% | 0.60% |
| Alpha | 0.02% | -0.03% | 0.02% | -0.01% |
| Rsquared | 0.39% | 0.71% | 0.59% | 0.41% |
| Sharpe | 0.75% | 0.02% | 0.51% | 0.20% |
| Sortino | 1.47% | 0.20% | 0.64% | 0.02% |
| Treynor | 0.08% | 0.00% | 0.05% | 0.02% |
| Tax Efficiency | 71.30% | 37.20% | 59.47% | 16.89% |
| Start Date | September 06, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC200 |
The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) provide shareholders with stable monthly distributions.
The fund is tactically managed across a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash based on a risk-parity weighting methodology, with the goal of achieving a positive total return in diverse market environments while reducing portfolio risk.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Neuberger Berman Breton Hill ULC |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| 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 | 1.85% |
|---|---|
| Management Fee | 1.55% |
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
