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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 (10-08-2026) |
$17.65 |
|---|---|
| Change |
$0.07
(0.42%)
|
As at September 30, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (October 26, 2016): 2.05%
| 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 | -3.49% | -2.16% | -1.06% | 0.49% | 0.25% | 1.93% | 4.85% | 3.64% | 1.29% | 2.52% | 1.60% | 2.23% | 1.97% | - |
| Benchmark | 0.35% | -0.75% | 9.44% | 9.10% | 9.32% | 11.53% | 14.97% | 13.80% | 7.48% | 7.64% | 7.95% | 7.84% | 7.90% | 7.52% |
| Category Average | -0.99% | -0.80% | 6.27% | 6.17% | 7.28% | 8.59% | 11.93% | 10.64% | 5.69% | 6.71% | 6.31% | 6.11% | 5.92% | 5.83% |
| Category Rank | 1,780 / 1,788 | 1,607 / 1,761 | 1,749 / 1,752 | 1,734 / 1,734 | 1,711 / 1,719 | 1,636 / 1,643 | 1,579 / 1,579 | 1,547 / 1,547 | 1,445 / 1,445 | 1,307 / 1,307 | 1,246 / 1,246 | 1,128 / 1,128 | 998 / 998 | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.93% | 1.32% | -0.61% | 1.61% | 2.81% | -2.76% | 0.47% | -0.50% | 1.16% | 1.09% | 0.29% | -3.49% |
| Benchmark | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% | -1.63% | 0.55% | 0.35% |
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 | - | 880/ 908 | 244/ 1,053 | 1,156/ 1,169 | 1,246/ 1,258 | 1,283/ 1,338 | 53/ 1,481 | 1,555/ 1,555 | 1,590/ 1,602 | 1,572/ 1,658 |
Best Calendar Return (Last 10 years)
7.94% (2019)
Worst Calendar Return (Last 10 years)
-4.06% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 31.42 |
| Foreign Corporate Bonds | 29.57 |
| Canadian Equity | 20.02 |
| Cash and Equivalents | 7.97 |
| Foreign Government Bonds | 6.68 |
| Other | 4.34 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 39.37 |
| Financial Services | 14.66 |
| Cash and Cash Equivalent | 6.69 |
| Healthcare | 5.74 |
| Technology | 5.62 |
| Other | 27.92 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 94.01 |
| Europe | 3.06 |
| Latin America | 1.40 |
| Africa and Middle East | 0.37 |
| Asia | 0.19 |
| Other | 0.97 |
Top Holdings
| Name | Percent |
|---|---|
| Purpose Global Bond Class ETF (IGB) | 23.95 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 17.99 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 4.27 |
| Toronto-Dominion Bank | 1.55 |
| Bank of Nova Scotia | 1.52 |
| Royal Bank of Canada | 1.37 |
| Canadian Imperial Bank of Commerce | 1.32 |
| Purpose Cash Management Fund ETF - Closed | 1.29 |
| Manulife Financial Corp | 1.21 |
| Abbvie 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 | 6.00% | 6.03% | - |
|---|---|---|---|
| Beta | 0.48 | 0.49 | - |
| Alpha | -0.02 | -0.02 | - |
| Rsquared | 0.28% | 0.45% | - |
| Sharpe | 0.27 | -0.26 | - |
| Sortino | 0.46 | -0.34 | - |
| Treynor | 0.03 | -0.03 | - |
| Tax Efficiency | 68.58% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.29% | 6.00% | 6.03% | - |
| Beta | 0.28 | 0.48 | 0.49 | - |
| Alpha | -0.02 | -0.02 | -0.02 | - |
| Rsquared | 0.11% | 0.28% | 0.45% | - |
| Sharpe | -0.29 | 0.27 | -0.26 | - |
| Sortino | -0.51 | 0.46 | -0.34 | - |
| Treynor | -0.06 | 0.03 | -0.03 | - |
| Tax Efficiency | - | 68.58% | - | - |
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 | FE | Open |
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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