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Purpose Multi-Asset Income Fund Series A

Global Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-23-2024)
$8.07
Change
-$0.06 (-0.69%)

As at April 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

Purpose Multi-Asset Income Fund Series A

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Fund Returns

Inception Return (November 02, 2015): 2.48%

Fund Returns
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 -2.85% -2.90% 7.25% -2.07% -4.91% -6.77% -2.45% 5.79% 1.23% 1.22% 1.13% 2.41% - -
Benchmark -1.57% 3.31% 11.56% 4.12% 9.21% 7.74% 3.11% 5.05% 4.84% 5.39% 5.04% 6.48% 6.12% 6.83%
Category Average -1.99% 10.80% 10.80% 2.42% 6.62% 4.42% 1.99% 5.55% 4.00% 4.27% 3.94% 4.83% 4.01% 4.42%
Category Rank 1,696 / 1,710 1,709 / 1,710 1,658 / 1,699 1,701 / 1,710 1,658 / 1,659 1,606 / 1,607 1,423 / 1,429 563 / 1,332 1,261 / 1,281 1,140 / 1,153 989 / 1,002 922 / 936 - -
Quartile Ranking 4 4 4 4 4 4 4 2 4 4 4 4 - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -3.42% 0.21% 0.14% -2.71% -2.68% -3.37% 4.99% 4.30% 0.86% -1.17% 1.13% -2.85%
Benchmark -1.31% 0.46% 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57%

Best Monthly Return Since Inception

8.35% (November 2020)

Worst Monthly Return Since Inception

-21.07% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - 7.12% 6.71% -6.90% 13.24% 0.22% 19.91% -13.07% -0.32%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 7.77% 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53%
Quartile Ranking - - 1 3 4 2 4 1 4 4
Category Rank - - 180/ 897 544/ 984 1,058/ 1,127 527/ 1,233 1,296/ 1,316 32/ 1,400 1,214/ 1,539 1,658/ 1,658

Best Calendar Return (Last 10 years)

19.91% (2021)

Worst Calendar Return (Last 10 years)

-13.07% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 50.11
Income Trust Units 23.30
International Equity 11.09
Commodities 5.57
US Equity 2.80
Other 7.13

Sector Allocation

Sector Allocation
Name Percent
Real Estate 22.52
Financial Services 14.86
Exchange Traded Fund 14.40
Utilities 10.52
Energy 9.55
Other 28.15

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.32
Europe 7.57
Asia 3.83
Latin America 3.55
Africa and Middle East 0.02
Other 5.71

Top Holdings

Top Holdings
Name Percent
Purpose International Dividend Fund ETF (PID) 11.23
Purpose Strategic Yield Fund ETF (SYLD) 9.21
Purpose Gold Bullion Fund ETF (KILO) 5.54
Purpose Canadian Preferred Share Fund ETF (RPS) 5.12
BSR REIT - Units 3.14
Enbridge Inc 3.06
iShares 20 Plus Year Treasury Bond ETF (TLT) 2.63
Storagevault Canada Inc 2.35
Brookfield Infrastructure Partners LP - Units 2.26
TC Energy Corp 2.23

Equity Style

Market capitalization is large. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Purpose Multi-Asset Income Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 9.80% 13.76% -
Beta 0.75% 1.08% -
Alpha -0.05% -0.03% -
Rsquared 0.48% 0.41% -
Sharpe -0.49% 0.02% -
Sortino -0.64% -0.07% -
Treynor -0.06% 0.00% -
Tax Efficiency - - -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.96% 9.80% 13.76% -
Beta 0.93% 0.75% 1.08% -
Alpha -0.13% -0.05% -0.03% -
Rsquared 0.55% 0.48% 0.41% -
Sharpe -0.94% -0.49% 0.02% -
Sortino -1.02% -0.64% -0.07% -
Treynor -0.10% -0.06% 0.00% -
Tax Efficiency - - - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date November 02, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC600

Investment Objectives

The fund seeks to provide shareholders with (i) long-term capital appreciation through investment in a portfolio of high quality North American dividend-paying equity securities; and (ii) monthly distributions.

Investment Strategy

To achieve its objective, the portfolio advisor will actively manage the equity, fixed income, and cash components of the fund. The fund is not limited to how much it invests in each asset class. This will vary according to market conditions. The portfolio advisor decides how much of the fund's assets are invested in equity and fixed income securities according to market conditions. The fund can invest up to 100% of its assets in foreign securities.

Portfolio Manager(s)

Name Start Date
Purpose Investment Partners Inc. 03-31-2018
Greg Taylor 03-31-2018

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian National Bank Financial Inc.
Registrar CIBC Mellon Global Securities Services Company
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 15,000
SWP Min Withdrawal 100

Fees

MER 2.11%
Management Fee 1.55%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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