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Purpose Conservative Income Fund Series A
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-20-2026) |
$18.22 |
|---|---|
| Change |
-$0.06
(-0.33%)
|
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (October 26, 2016): 2.34%
| 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 | 1.16% | 1.12% | 2.71% | 2.71% | 5.21% | 6.22% | 4.57% | 3.77% | 1.82% | 2.97% | 2.15% | 2.53% | 2.19% | - |
| Benchmark | 2.26% | 10.26% | 9.92% | 9.92% | 17.43% | 15.00% | 14.69% | 13.77% | 7.96% | 8.39% | 8.32% | 7.94% | 7.96% | 8.11% |
| Category Average | 1.08% | 7.14% | 7.04% | 7.04% | 13.43% | 11.84% | 11.29% | 10.44% | 5.92% | 7.49% | 6.60% | 6.30% | 6.09% | 6.28% |
| Category Rank | 1,160 / 1,785 | 1,768 / 1,775 | 1,703 / 1,757 | 1,703 / 1,757 | 1,682 / 1,735 | 1,612 / 1,660 | 1,595 / 1,595 | 1,554 / 1,554 | 1,410 / 1,413 | 1,283 / 1,286 | 1,236 / 1,236 | 1,109 / 1,109 | 981 / 981 | - |
| Quartile Ranking | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.55% | 1.98% | 1.25% | -0.93% | 1.32% | -0.61% | 1.61% | 2.81% | -2.76% | 0.47% | -0.50% | 1.16% |
| Benchmark | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% |
Best Monthly Return Since Inception
5.15% (April 2020)
Worst Monthly Return Since Inception
-8.67% (March 2020)
Calendar Return (%)
| 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 | - | 885/ 913 | 245/ 1,058 | 1,161/ 1,174 | 1,251/ 1,263 | 1,292/ 1,347 | 53/ 1,489 | 1,576/ 1,576 | 1,612/ 1,624 | 1,577/ 1,679 |
Best Calendar Return (Last 10 years)
7.94% (2019)
Worst Calendar Return (Last 10 years)
-4.06% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 29.32 |
| Foreign Corporate Bonds | 28.44 |
| Canadian Equity | 17.57 |
| Cash and Equivalents | 14.14 |
| Foreign Government Bonds | 6.12 |
| Other | 4.41 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 38.46 |
| Cash and Cash Equivalent | 13.38 |
| Financial Services | 11.50 |
| Energy | 5.87 |
| Technology | 5.45 |
| Other | 25.34 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 93.51 |
| Europe | 2.81 |
| Latin America | 2.20 |
| Africa and Middle East | 1.14 |
| Asia | 0.14 |
| Other | 0.20 |
Top Holdings
| Name | Percent |
|---|---|
| Purpose Global Bond Class ETF (IGB) | 20.97 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 15.92 |
| Cash and Cash Equivalents | 5.35 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 3.77 |
| United States Dollar | 3.18 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 1.63 |
| Toronto-Dominion Bank | 1.42 |
| Canadian Imperial Bank of Commerce | 1.15 |
| Royal Bank of Canada | 1.10 |
| Cisco Systems Inc | 1.05 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 5.79% | 5.84% | - |
|---|---|---|---|
| Beta | 0.51 | 0.50 | - |
| Alpha | -0.02 | -0.02 | - |
| Rsquared | 0.38% | 0.51% | - |
| Sharpe | 0.19 | -0.17 | - |
| Sortino | 0.42 | -0.24 | - |
| Treynor | 0.02 | -0.02 | - |
| Tax Efficiency | 66.82% | 17.82% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.37% | 5.79% | 5.84% | - |
| Beta | 0.34 | 0.51 | 0.50 | - |
| Alpha | 0.00 | -0.02 | -0.02 | - |
| Rsquared | 0.22% | 0.38% | 0.51% | - |
| Sharpe | 0.54 | 0.19 | -0.17 | - |
| Sortino | 0.63 | 0.42 | -0.24 | - |
| Treynor | 0.09 | 0.02 | -0.02 | - |
| Tax Efficiency | 71.21% | 66.82% | 17.82% | - |
Fund Details
| 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) | $0 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2500 |
Investment Objectives
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.
Investment Strategy
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 Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Neuberger Berman Breton Hill ULC |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services |
| Distributor |
- |
Investment Minimums
| 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 |
Fees
| 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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