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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-11-2026) |
$16.98 |
|---|---|
| Change |
$0.04
(0.22%)
|
As at April 30, 2026
As at April 30, 2026
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Inception Return (September 06, 2013): 4.36%
| 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 | 1.69% | 3.53% | 8.45% | 6.82% | 17.17% | 12.71% | 9.45% | 7.05% | 6.39% | 7.65% | 5.81% | 5.52% | 4.62% | 4.84% |
| Benchmark | 3.53% | 2.14% | 1.68% | 3.20% | 15.84% | 13.40% | 11.99% | 10.53% | 7.11% | 7.76% | 7.21% | 7.34% | 6.84% | 7.83% |
| Category Average | 3.31% | 1.97% | 3.28% | 3.22% | 14.33% | 11.42% | 9.80% | 7.87% | 5.66% | 7.47% | 6.07% | 6.01% | 5.56% | 6.11% |
| Category Rank | 1,666 / 1,777 | 147 / 1,774 | 79 / 1,748 | 86 / 1,759 | 481 / 1,733 | 607 / 1,640 | 1,030 / 1,584 | 1,220 / 1,561 | 635 / 1,382 | 654 / 1,283 | 831 / 1,239 | 786 / 1,110 | 732 / 935 | 749 / 872 |
| Quartile Ranking | 4 | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 2 | 3 | 3 | 3 | 4 | 4 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.61% | 1.27% | 0.14% | 2.23% | 2.23% | 0.32% | 1.59% | -0.06% | 3.18% | 4.22% | -2.31% | 1.69% |
| Benchmark | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% |
5.76% (April 2020)
-10.01% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 10.11% | 2.29% | -5.06% | 10.11% | 2.22% | 8.60% | -3.69% | 4.61% | 7.01% | 12.57% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | 1 | 4 | 4 | 4 | 4 | 3 | 1 | 4 | 4 | 1 |
| Category Rank | 37/ 842 | 892/ 919 | 880/ 1,065 | 1,062/ 1,178 | 1,206/ 1,267 | 806/ 1,354 | 52/ 1,496 | 1,564/ 1,584 | 1,580/ 1,632 | 318/ 1,686 |
12.57% (2025)
-5.06% (2018)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 31.49 |
| Canadian Equity | 19.51 |
| US Equity | 15.60 |
| Cash and Equivalents | 13.06 |
| International Equity | 12.76 |
| Other | 7.58 |
| Name | Percent |
|---|---|
| Fixed Income | 37.97 |
| Financial Services | 11.36 |
| Energy | 8.67 |
| Basic Materials | 7.59 |
| Exchange Traded Fund | 7.29 |
| Other | 27.12 |
| Name | Percent |
|---|---|
| North America | 81.41 |
| Europe | 9.50 |
| Asia | 3.75 |
| Latin America | 2.31 |
| Africa and Middle East | 1.29 |
| Other | 1.74 |
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 22.96 |
| Purpose Global Bond Class ETF (IGB) | 15.15 |
| Purpose International Dividend Fund ETF (PID) | 7.32 |
| Purpose Cash Management Fund ETF - Closed | 5.20 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 2.42 |
| Purpose Emerging Markets Dividend Fund ETF (REM) | 2.06 |
| Purpose Premium Yield Fund ETF (PYF) | 2.01 |
| Cash and Cash Equivalents | 1.61 |
| Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) | 1.53 |
| Toronto-Dominion Bank | 1.30 |
Purpose Monthly Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.49% | 6.96% | 6.90% |
|---|---|---|---|
| Beta | 0.67 | 0.63 | 0.66 |
| Alpha | 0.02 | 0.02 | 0.00 |
| Rsquared | 0.51% | 0.56% | 0.50% |
| Sharpe | 0.87 | 0.51 | 0.45 |
| Sortino | 1.64 | 0.74 | 0.39 |
| Treynor | 0.08 | 0.06 | 0.05 |
| Tax Efficiency | 74.92% | 63.56% | 51.38% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.84% | 6.49% | 6.96% | 6.90% |
| Beta | 0.55 | 0.67 | 0.63 | 0.66 |
| Alpha | 0.08 | 0.02 | 0.02 | 0.00 |
| Rsquared | 0.43% | 0.51% | 0.56% | 0.50% |
| Sharpe | 2.35 | 0.87 | 0.51 | 0.45 |
| Sortino | 5.08 | 1.64 | 0.74 | 0.39 |
| Treynor | 0.25 | 0.08 | 0.06 | 0.05 |
| Tax Efficiency | 86.08% | 74.92% | 63.56% | 51.38% |
| 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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