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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (06-15-2026) |
$18.12 |
|---|---|
| Change |
-$0.06
(-0.35%)
|
As at May 31, 2026
As at May 31, 2026
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Inception Return (October 26, 2016): 2.24%
| 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 | -0.50% | -2.80% | 0.91% | 1.54% | 4.47% | 5.39% | 4.41% | 2.79% | 1.84% | 2.72% | 2.04% | 2.55% | 1.91% | - |
| Benchmark | 4.15% | 4.24% | 6.13% | 7.49% | 17.74% | 14.74% | 14.02% | 11.92% | 8.11% | 8.14% | 8.14% | 7.77% | 7.25% | 7.84% |
| Category Average | 2.60% | 2.28% | 5.38% | 5.90% | 14.32% | 11.64% | 11.45% | 8.71% | 6.06% | 7.52% | 6.76% | 6.24% | 5.81% | 6.18% |
| Category Rank | 1,774 / 1,774 | 1,765 / 1,771 | 1,694 / 1,754 | 1,700 / 1,755 | 1,693 / 1,731 | 1,624 / 1,654 | 1,583 / 1,583 | 1,555 / 1,555 | 1,393 / 1,396 | 1,281 / 1,282 | 1,238 / 1,238 | 1,105 / 1,105 | 981 / 981 | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.44% | -0.55% | 1.98% | 1.25% | -0.93% | 1.32% | -0.61% | 1.61% | 2.81% | -2.76% | 0.47% | -0.50% |
| Benchmark | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% |
5.15% (April 2020)
-8.67% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 2.30% | -1.48% | 7.94% | 0.08% | 5.08% | -4.06% | 0.60% | 3.44% | 5.41% |
| 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 | - | 4 | 1 | 4 | 4 | 4 | 1 | 4 | 4 | 4 |
| Category Rank | - | 886/ 914 | 245/ 1,060 | 1,163/ 1,176 | 1,253/ 1,265 | 1,294/ 1,349 | 54/ 1,491 | 1,578/ 1,578 | 1,614/ 1,626 | 1,579/ 1,681 |
7.94% (2019)
-4.06% (2022)
| Name | Percent |
|---|---|
| US Equity | 27.57 |
| Foreign Corporate Bonds | 27.09 |
| Cash and Equivalents | 17.97 |
| Canadian Equity | 16.98 |
| Foreign Government Bonds | 6.04 |
| Other | 4.35 |
| Name | Percent |
|---|---|
| Fixed Income | 37.03 |
| Cash and Cash Equivalent | 17.20 |
| Financial Services | 10.56 |
| Energy | 5.89 |
| Technology | 5.36 |
| Other | 23.96 |
| Name | Percent |
|---|---|
| North America | 93.48 |
| Europe | 2.84 |
| Latin America | 2.15 |
| Africa and Middle East | 1.15 |
| Asia | 0.14 |
| Other | 0.24 |
| Name | Percent |
|---|---|
| Purpose Global Bond Class ETF (IGB) | 20.88 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 15.49 |
| Cash and Cash Equivalents | 8.25 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 3.63 |
| United States Dollar | 3.41 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 1.62 |
| Toronto-Dominion Bank | 1.30 |
| Canadian Imperial Bank of Commerce | 1.05 |
| Cisco Systems Inc | 1.04 |
| Royal Bank of Canada | 0.98 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 5.77% | 5.85% | - |
|---|---|---|---|
| Beta | 0.50 | 0.50 | - |
| Alpha | -0.02 | -0.02 | - |
| Rsquared | 0.38% | 0.51% | - |
| Sharpe | 0.16 | -0.16 | - |
| Sortino | 0.38 | -0.24 | - |
| Treynor | 0.02 | -0.02 | - |
| Tax Efficiency | 65.59% | 19.91% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.31% | 5.77% | 5.85% | - |
| Beta | 0.32 | 0.50 | 0.50 | - |
| Alpha | -0.01 | -0.02 | -0.02 | - |
| Rsquared | 0.21% | 0.38% | 0.51% | - |
| Sharpe | 0.41 | 0.16 | -0.16 | - |
| Sortino | 0.43 | 0.38 | -0.24 | - |
| Treynor | 0.07 | 0.02 | -0.02 | - |
| Tax Efficiency | 66.51% | 65.59% | 19.91% | - |
| Start Date | October 26, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2500 |
The fund seeks to provide (i) a moderate positive total return consisting of dividend income and capital appreciation, while trying to reduce portfolio volatility and (ii) monthly distributions, by investing in a broad range of asset classes which may include equities, fixed income, inflation sensitive securities and cash.
To achieve its investment objectives, the fund will use primarily rules-based portfolio selection strategies to invest in a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash, with the goal of generating income and achieving a moderate positive total return in diverse market environments while reducing portfolio volatility. The fund will, from time to time employ various investment strategies.
| 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 |
| 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 | 1.98% |
|---|---|
| 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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