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Global Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (07-26-2024) |
$17.77 |
---|---|
Change |
$0.10
(0.55%)
|
As at June 30, 2024
As at June 30, 2024
Inception Return (October 26, 2016): 1.35%
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 | -0.41% | -1.80% | -0.74% | -0.74% | 1.34% | 1.39% | -1.01% | 1.39% | 0.57% | 1.32% | 1.07% | - | - | - |
Benchmark | 1.79% | 1.93% | 7.81% | 7.81% | 14.07% | 12.55% | 3.51% | 5.23% | 5.76% | 5.68% | 6.03% | 6.45% | 6.40% | 7.19% |
Category Average | 0.73% | 5.44% | 5.44% | 5.44% | 10.21% | 9.05% | 2.16% | 5.38% | 4.58% | 4.52% | 4.51% | 4.94% | 4.41% | 4.55% |
Category Rank | 1,659 / 1,742 | 1,706 / 1,712 | 1,698 / 1,712 | 1,698 / 1,712 | 1,648 / 1,680 | 1,602 / 1,609 | 1,447 / 1,464 | 1,337 / 1,342 | 1,280 / 1,284 | 1,150 / 1,165 | 1,038 / 1,044 | - | - | - |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - |
Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | 0.13% | -1.01% | -2.09% | -1.26% | 3.85% | 2.59% | 0.44% | -0.17% | 0.81% | -2.30% | 0.92% | -0.41% |
Benchmark | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% |
5.15% (April 2020)
-8.67% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | 2.30% | -1.48% | 7.94% | 0.08% | 5.08% | -4.06% | 0.60% |
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 | - | - | - | 4 | 1 | 4 | 4 | 4 | 1 | 4 |
Category Rank | - | - | - | 951/ 979 | 259/ 1,122 | 1,217/ 1,236 | 1,299/ 1,318 | 1,327/ 1,402 | 50/ 1,541 | 1,657/ 1,659 |
7.94% (2019)
-4.06% (2022)
Name | Percent |
---|---|
US Equity | 31.46 |
Foreign Corporate Bonds | 23.51 |
Canadian Equity | 16.28 |
Cash and Equivalents | 10.85 |
Foreign Government Bonds | 10.85 |
Other | 7.05 |
Name | Percent |
---|---|
Fixed Income | 40.83 |
Financial Services | 9.07 |
Cash and Cash Equivalent | 8.56 |
Energy | 6.64 |
Technology | 5.41 |
Other | 29.49 |
Name | Percent |
---|---|
North America | 93.06 |
Europe | 3.74 |
Latin America | 1.43 |
Africa and Middle East | 0.39 |
Asia | 0.22 |
Other | 1.16 |
Name | Percent |
---|---|
Purpose Global Bond Fund ETF (BND) | 18.35 |
iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 14.61 |
iShares 20 Plus Year Treasury Bond ETF (TLT) | 7.29 |
BMO Mid Corporate Bond Index ETF (ZCM) | 2.83 |
United States Dollar | 2.71 |
Purpose Cash Management Fund ETF - Closed | 2.30 |
Cash and Cash Equivalents | 1.95 |
Abbvie Inc | 1.12 |
Exxon Mobil Corp | 1.10 |
Procter & Gamble Co | 1.04 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
Standard Deviation | 5.92% | 7.08% | - |
---|---|---|---|
Beta | 0.53% | 0.67% | - |
Alpha | -0.03% | -0.03% | - |
Rsquared | 0.64% | 0.59% | - |
Sharpe | -0.65% | -0.18% | - |
Sortino | -0.84% | -0.40% | - |
Treynor | -0.07% | -0.02% | - |
Tax Efficiency | - | - | - |
Volatility | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.23% | 5.92% | 7.08% | - |
Beta | 0.67% | 0.53% | 0.67% | - |
Alpha | -0.08% | -0.03% | -0.03% | - |
Rsquared | 0.67% | 0.64% | 0.59% | - |
Sharpe | -0.54% | -0.65% | -0.18% | - |
Sortino | -0.37% | -0.84% | -0.40% | - |
Treynor | -0.05% | -0.07% | -0.02% | - |
Tax Efficiency | - | - | - | - |
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.
Name | Start Date |
---|---|
Neuberger Berman Breton Hill ULC | 10-26-2016 |
Purpose Investments Inc. | 10-26-2016 |
Fund Manager | Purpose Investments Inc. |
---|---|
Advisor | Purpose Investments Inc. |
Custodian | CIBC Mellon Trust Company |
Registrar | CIBC Mellon Global Securities Services |
Distributor | - |
Auditor | Ernst & Young LLP, Chartered Accountants |
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 | 1.83% |
---|---|
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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