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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 (08-21-2026) |
$18.33 |
|---|---|
| Change |
$0.04
(0.22%)
|
As at July 31, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (October 26, 2016): 2.43%
| 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 | 1.09% | 1.74% | 2.18% | 3.82% | 6.94% | 5.12% | 4.90% | 3.70% | 1.86% | 2.95% | 2.24% | 2.62% | 2.40% | - |
| Benchmark | -1.63% | 4.77% | 7.02% | 8.13% | 13.83% | 12.24% | 13.41% | 12.14% | 7.27% | 7.65% | 8.00% | 7.67% | 7.96% | 7.56% |
| Category Average | -0.55% | 3.12% | 5.16% | 6.44% | 11.87% | 10.01% | 10.67% | 9.08% | 5.56% | 6.85% | 6.46% | 6.12% | 6.10% | 5.95% |
| Category Rank | 99 / 1,781 | 1,658 / 1,773 | 1,708 / 1,769 | 1,617 / 1,754 | 1,611 / 1,732 | 1,607 / 1,660 | 1,588 / 1,595 | 1,560 / 1,560 | 1,411 / 1,418 | 1,290 / 1,293 | 1,250 / 1,250 | 1,116 / 1,116 | 1,000 / 1,000 | - |
| Quartile Ranking | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.98% | 1.25% | -0.93% | 1.32% | -0.61% | 1.61% | 2.81% | -2.76% | 0.47% | -0.50% | 1.16% | 1.09% |
| Benchmark | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% | -1.63% |
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 | - | 886/ 914 | 245/ 1,059 | 1,162/ 1,175 | 1,252/ 1,264 | 1,289/ 1,344 | 53/ 1,486 | 1,573/ 1,573 | 1,608/ 1,620 | 1,574/ 1,676 |
Best Calendar Return (Last 10 years)
7.94% (2019)
Worst Calendar Return (Last 10 years)
-4.06% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 29.36 |
| Foreign Corporate Bonds | 27.13 |
| Canadian Equity | 19.85 |
| Cash and Equivalents | 10.64 |
| Foreign Government Bonds | 6.01 |
| Other | 7.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 39.17 |
| Financial Services | 14.02 |
| Cash and Cash Equivalent | 6.46 |
| Technology | 5.89 |
| Energy | 5.28 |
| Other | 29.18 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 93.07 |
| Europe | 3.14 |
| Latin America | 1.94 |
| Africa and Middle East | 0.68 |
| Asia | 0.05 |
| Other | 1.12 |
Top Holdings
| Name | Percent |
|---|---|
| Purpose Global Bond Class ETF (IGB) | 21.69 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 15.82 |
| Purpose Cash Management Fund ETF - Closed | 4.18 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 3.77 |
| BMO Mid Federal Bond Index ETF (ZFM) | 1.92 |
| Toronto-Dominion Bank | 1.64 |
| Bank of Nova Scotia | 1.38 |
| Royal Bank of Canada | 1.34 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 1.30 |
| Canadian Imperial Bank of Commerce | 1.24 |
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 | 5.80% | 5.85% | - |
|---|---|---|---|
| Beta | 0.47 | 0.49 | - |
| Alpha | -0.01 | -0.02 | - |
| Rsquared | 0.35% | 0.48% | - |
| Sharpe | 0.26 | -0.16 | - |
| Sortino | 0.50 | -0.23 | - |
| Treynor | 0.03 | -0.02 | - |
| Tax Efficiency | 69.06% | 18.87% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.29% | 5.80% | 5.85% | - |
| Beta | 0.27 | 0.47 | 0.49 | - |
| Alpha | 0.03 | -0.01 | -0.02 | - |
| Rsquared | 0.16% | 0.35% | 0.48% | - |
| Sharpe | 0.86 | 0.26 | -0.16 | - |
| Sortino | 1.12 | 0.50 | -0.23 | - |
| Treynor | 0.17 | 0.03 | -0.02 | - |
| Tax Efficiency | 78.21% | 69.06% | 18.87% | - |
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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