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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-13-2025) |
$15.54 |
|---|---|
| Change |
-$0.04
(-0.29%)
|
As at May 31, 2025
As at May 31, 2025
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Inception Return (September 06, 2013): 3.45%
| 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 | 1.61% | 0.67% | 1.54% | 4.28% | 8.32% | 8.47% | 4.53% | 3.84% | 5.76% | 4.56% | 4.13% | 3.39% | 3.64% | 3.11% |
| Benchmark | 2.47% | -1.84% | 0.98% | 0.80% | 11.81% | 12.20% | 10.05% | 5.83% | 6.31% | 6.62% | 6.42% | 6.01% | 6.79% | 6.61% |
| Category Average | 2.61% | -0.83% | 0.46% | 1.76% | 9.03% | 10.05% | 6.90% | 4.09% | 6.21% | 5.55% | 5.13% | 4.79% | 5.31% | 4.62% |
| Category Rank | 1,692 / 1,812 | 73 / 1,769 | 316 / 1,763 | 41 / 1,768 | 1,284 / 1,742 | 1,403 / 1,667 | 1,571 / 1,621 | 1,009 / 1,460 | 852 / 1,345 | 1,046 / 1,296 | 956 / 1,160 | 927 / 1,039 | 863 / 931 | 758 / 809 |
| Quartile Ranking | 4 | 1 | 1 | 1 | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.75% | 3.34% | 1.45% | 1.88% | -0.98% | 1.62% | -2.62% | 2.47% | 1.08% | 0.28% | -1.20% | 1.61% |
| Benchmark | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% |
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 | 776/ 781 | 37/ 890 | 943/ 970 | 917/ 1,116 | 1,115/ 1,236 | 1,261/ 1,327 | 813/ 1,413 | 51/ 1,555 | 1,639/ 1,661 | 1,662/ 1,714 |
10.11% (2016)
-5.49% (2015)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 27.96 |
| Canadian Equity | 17.96 |
| US Equity | 16.83 |
| International Equity | 12.39 |
| Cash and Equivalents | 11.64 |
| Other | 13.22 |
| Name | Percent |
|---|---|
| Fixed Income | 39.13 |
| Financial Services | 9.21 |
| Energy | 7.76 |
| Exchange Traded Fund | 7.50 |
| Basic Materials | 7.23 |
| Other | 29.17 |
| Name | Percent |
|---|---|
| North America | 82.05 |
| Europe | 8.96 |
| Asia | 3.69 |
| Latin America | 1.97 |
| Africa and Middle East | 0.61 |
| Other | 2.72 |
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 20.11 |
| Purpose Global Bond Fund ETF (BND) | 14.95 |
| Purpose International Dividend Fund ETF (PID) | 7.45 |
| Purpose Cash Management Fund ETF - Closed | 5.22 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 4.86 |
| BMO Mid Federal Bond Index ETF (ZFM) | 2.98 |
| Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) | 2.14 |
| Purpose Emerging Markets Dividend Fund ETF (REM) | 2.00 |
| Purpose Premium Yield Fund ETF (PYF) | 1.95 |
| Agnico Eagle Mines Ltd | 1.17 |
Purpose Monthly Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 7.74% | 6.85% | 6.95% |
|---|---|---|---|
| Beta | 0.78% | 0.66% | 0.60% |
| Alpha | -0.03% | 0.02% | -0.01% |
| Rsquared | 0.71% | 0.59% | 0.42% |
| Sharpe | 0.10% | 0.49% | 0.23% |
| Sortino | 0.32% | 0.62% | 0.06% |
| Treynor | 0.01% | 0.05% | 0.03% |
| Tax Efficiency | 46.51% | 59.00% | 22.53% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.06% | 7.74% | 6.85% | 6.95% |
| Beta | 0.58% | 0.78% | 0.66% | 0.60% |
| Alpha | 0.02% | -0.03% | 0.02% | -0.01% |
| Rsquared | 0.39% | 0.71% | 0.59% | 0.42% |
| Sharpe | 0.77% | 0.10% | 0.49% | 0.23% |
| Sortino | 1.45% | 0.32% | 0.62% | 0.06% |
| Treynor | 0.08% | 0.01% | 0.05% | 0.03% |
| Tax Efficiency | 71.13% | 46.51% | 59.00% | 22.53% |
| 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) | $1 |
| 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) | - |
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