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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-19-2026) |
$17.96 |
|---|---|
| Change |
$0.08
(0.43%)
|
As at April 30, 2026
As at April 30, 2026
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Inception Return (October 26, 2016): 2.31%
| 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 | 0.47% | 0.44% | 2.76% | 2.05% | 5.57% | 6.15% | 3.49% | 2.85% | 2.05% | 3.13% | 2.10% | 2.67% | 2.00% | - |
| Benchmark | 3.53% | 2.14% | 1.68% | 3.20% | 15.84% | 13.40% | 11.99% | 10.53% | 7.11% | 7.76% | 7.21% | 7.34% | 6.84% | 7.83% |
| Category Average | 3.31% | 1.97% | 3.28% | 3.21% | 14.33% | 11.42% | 9.80% | 7.87% | 5.66% | 7.47% | 6.07% | 6.01% | 5.56% | 6.11% |
| Category Rank | 1,737 / 1,769 | 1,555 / 1,766 | 1,063 / 1,740 | 1,398 / 1,751 | 1,677 / 1,725 | 1,586 / 1,632 | 1,576 / 1,576 | 1,553 / 1,553 | 1,365 / 1,374 | 1,275 / 1,278 | 1,235 / 1,235 | 1,106 / 1,106 | 931 / 931 | - |
| Quartile Ranking | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.54% | 0.44% | -0.55% | 1.98% | 1.25% | -0.93% | 1.32% | -0.61% | 1.61% | 2.81% | -2.76% | 0.47% |
| Benchmark | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% |
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 | - | 887/ 915 | 245/ 1,061 | 1,161/ 1,174 | 1,250/ 1,262 | 1,291/ 1,346 | 54/ 1,488 | 1,576/ 1,576 | 1,612/ 1,624 | 1,576/ 1,678 |
7.94% (2019)
-4.06% (2022)
| Name | Percent |
|---|---|
| US Equity | 28.09 |
| Foreign Corporate Bonds | 27.61 |
| Canadian Equity | 16.77 |
| Cash and Equivalents | 16.54 |
| Foreign Government Bonds | 6.64 |
| Other | 4.35 |
| Name | Percent |
|---|---|
| Fixed Income | 38.20 |
| Cash and Cash Equivalent | 15.75 |
| Financial Services | 10.44 |
| Energy | 6.11 |
| Technology | 5.15 |
| Other | 24.35 |
| Name | Percent |
|---|---|
| North America | 93.11 |
| Europe | 3.27 |
| Latin America | 1.65 |
| Africa and Middle East | 1.57 |
| Asia | 0.17 |
| Other | 0.23 |
| Name | Percent |
|---|---|
| Purpose Global Bond Class ETF (IGB) | 21.10 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 15.48 |
| Cash and Cash Equivalents | 7.20 |
| United States Dollar | 3.79 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 3.62 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 1.63 |
| Toronto-Dominion Bank | 1.22 |
| Canadian Imperial Bank of Commerce | 1.07 |
| Agnico Eagle Mines Ltd | 0.96 |
| Royal Bank of Canada | 0.93 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.10% | 5.84% | - |
|---|---|---|---|
| Beta | 0.59 | 0.52 | - |
| Alpha | -0.03 | -0.02 | - |
| Rsquared | 0.46% | 0.54% | - |
| Sharpe | 0.00 | -0.12 | - |
| Sortino | 0.14 | -0.19 | - |
| Treynor | 0.00 | -0.01 | - |
| Tax Efficiency | 56.59% | 28.45% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.23% | 6.10% | 5.84% | - |
| Beta | 0.43 | 0.59 | 0.52 | - |
| Alpha | -0.01 | -0.03 | -0.02 | - |
| Rsquared | 0.33% | 0.46% | 0.54% | - |
| Sharpe | 0.61 | 0.00 | -0.12 | - |
| Sortino | 0.74 | 0.14 | -0.19 | - |
| Treynor | 0.07 | 0.00 | -0.01 | - |
| Tax Efficiency | 72.92% | 56.59% | 28.45% | - |
| 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) | $1 |
| 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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