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Preferred Sh Fixed Income
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2018
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|
NAVPS (10-11-2024) |
$8.71 |
|---|---|
| Change |
$0.01
(0.10%)
|
As at September 30, 2024
As at September 30, 2024
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Inception Return (October 22, 2004): 5.83%
| 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 | 0.24% | 3.21% | 7.62% | 18.83% | 27.45% | 10.20% | 1.07% | 10.33% | 8.02% | 2.80% | 2.88% | 4.54% | 5.21% | 4.44% |
| Benchmark | 0.48% | 5.52% | 9.92% | 20.49% | 29.26% | 11.12% | 2.03% | 7.57% | 6.59% | 3.56% | 3.78% | 5.28% | 5.64% | 2.79% |
| Category Average | 0.85% | 8.48% | 8.48% | 17.55% | 25.66% | 10.59% | 1.78% | 7.79% | 6.42% | 3.54% | 3.59% | 4.98% | 5.53% | 3.22% |
| Category Rank | 61 / 65 | 61 / 65 | 54 / 65 | 47 / 65 | 43 / 65 | 51 / 64 | 56 / 63 | 13 / 63 | 19 / 58 | 41 / 51 | 40 / 49 | 32 / 36 | 18 / 22 | 6 / 19 |
| Quartile Ranking | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 1 | 2 | 4 | 4 | 4 | 4 | 2 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.99% | 8.86% | 0.53% | 5.72% | 1.05% | 3.36% | 2.32% | 1.67% | 0.22% | 1.19% | 1.76% | 0.24% |
| Benchmark | -2.80% | 9.47% | 0.82% | 5.81% | 0.13% | 3.47% | 1.22% | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% |
10.92% (April 2020)
-22.15% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.54% | 7.07% | 10.45% | 12.15% | -14.36% | 0.10% | 5.11% | 29.81% | -20.33% | 7.95% |
| Benchmark | 6.82% | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% |
| Category Average | 7.19% | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% |
| Quartile Ranking | 4 | 1 | 1 | 3 | 4 | 4 | 3 | 1 | 4 | 1 |
| Category Rank | 17/ 19 | 2/ 21 | 5/ 30 | 27/ 36 | 49/ 49 | 52/ 53 | 42/ 58 | 5/ 63 | 63/ 63 | 13/ 64 |
29.81% (2021)
-20.33% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 69.51 |
| Cash and Equivalents | 21.04 |
| Canadian Corporate Bonds | 3.09 |
| Foreign Corporate Bonds | 2.26 |
| Canadian Government Bonds | 1.69 |
| Other | 2.41 |
| Name | Percent |
|---|---|
| Financial Services | 28.63 |
| Energy | 25.16 |
| Cash and Cash Equivalent | 21.04 |
| Utilities | 15.85 |
| Fixed Income | 6.14 |
| Other | 3.18 |
| Name | Percent |
|---|---|
| North America | 98.40 |
| Latin America | 1.61 |
| Other | -0.01 |
| Name | Percent |
|---|---|
| Canada Government 21-Nov-2024 | 6.91 |
| Cenovus Energy Inc - Pfd Sr 3 | 4.82 |
| Canada Government 18-Dec-2024 | 4.74 |
| Canada Government 10-Oct-2024 | 3.30 |
| Toronto-Dominion Bank - Pfd Cl A Sr 1 | 3.11 |
| TransAlta Corp - Pfd Sr E | 3.10 |
| Cenovus Energy Inc - Pfd Sr 1 | 2.43 |
| Brookfield Corp - Pfd | 2.22 |
| Pembina Pipeline Corp - Pfd Cl A Sr 3 | 2.19 |
| AltaGas Ltd - Pfd Sr G | 2.17 |
Purpose Canadian Preferred Share Fund Series A
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 12.53% | 17.04% | 13.97% |
|---|---|---|---|
| Beta | 1.00% | 1.08% | 0.97% |
| Alpha | -0.01% | 0.01% | 0.02% |
| Rsquared | 0.95% | 0.95% | 0.81% |
| Sharpe | -0.12% | 0.41% | 0.27% |
| Sortino | -0.13% | 0.49% | 0.22% |
| Treynor | -0.02% | 0.06% | 0.04% |
| Tax Efficiency | - | 70.84% | 49.77% |
| Volatility |
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|
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| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.84% | 12.53% | 17.04% | 13.97% |
| Beta | 0.88% | 1.00% | 1.08% | 0.97% |
| Alpha | 0.02% | -0.01% | 0.01% | 0.02% |
| Rsquared | 0.94% | 0.95% | 0.95% | 0.81% |
| Sharpe | 2.05% | -0.12% | 0.41% | 0.27% |
| Sortino | 9.79% | -0.13% | 0.49% | 0.22% |
| Treynor | 0.23% | -0.02% | 0.06% | 0.04% |
| Tax Efficiency | 90.60% | - | 70.84% | 49.77% |
| Start Date | October 22, 2004 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC1900 |
The fund seeks to provide a consistent stream of income with potential for capital appreciation by investing in Canadian income producing securities and Canadian equities.
The fund will invest in Canadian preferred securities, with a focus on preferred securities; dividend paying Canadian equities; income and royalty trusts; ETFs; and fixed-income investments, with a view to consistent interest or distribution payments. Investments in floating rate preferred securities will be of Canadian issuers whose debt, at a minimum, has an investment grade rating at the time of purchase.
| Name | Start Date |
|---|---|
| Purpose Investment Partners Inc. | 06-18-2018 |
| Purpose Investments Inc. | 06-18-2018 |
| 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 | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.72% |
|---|---|
| Management Fee | 1.50% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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