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High Yield Fixed Income
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2022, 2021
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|
NAVPS (12-12-2025) |
$7.64 |
|---|---|
| Change |
-$0.02
(-0.21%)
|
As at November 30, 2025
As at June 30, 2025
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Inception Return (August 26, 2011): 5.74%
| 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 | 0.10% | 3.79% | 8.61% | 9.64% | 10.00% | 12.32% | 8.88% | 4.48% | 6.24% | 6.51% | 6.28% | 5.43% | 6.38% | 6.21% |
| Benchmark | -0.09% | 2.59% | 6.52% | 6.44% | 8.65% | 12.20% | 11.47% | 6.44% | 5.33% | 5.54% | 5.97% | 5.36% | 5.54% | 6.12% |
| Category Average | 0.19% | 1.29% | 4.08% | 5.70% | 5.33% | 7.94% | 6.98% | 2.81% | 3.01% | 3.33% | 3.82% | 3.18% | 3.55% | 3.80% |
| Category Rank | 172 / 244 | 14 / 243 | 12 / 242 | 15 / 239 | 13 / 239 | 16 / 238 | 48 / 232 | 48 / 226 | 19 / 219 | 11 / 213 | 17 / 204 | 20 / 182 | 10 / 170 | 18 / 164 |
| Quartile Ranking | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.33% | 1.07% | 0.41% | -0.81% | -1.20% | 1.50% | 1.56% | 1.69% | 1.33% | 2.48% | 1.17% | 0.10% |
| Benchmark | 2.08% | 1.94% | 0.36% | -0.24% | -3.14% | 1.07% | 1.47% | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% |
5.23% (August 2020)
-15.75% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -5.46% | 11.08% | 11.58% | -2.02% | 7.80% | 9.77% | 11.34% | -8.98% | 5.68% | 12.28% |
| Benchmark | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% |
| Category Average | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% |
| Quartile Ranking | 4 | 3 | 1 | 2 | 4 | 1 | 1 | 2 | 4 | 1 |
| Category Rank | 124/ 150 | 118/ 164 | 9/ 172 | 74/ 183 | 179/ 207 | 19/ 214 | 6/ 219 | 63/ 226 | 225/ 232 | 29/ 238 |
12.28% (2024)
-8.98% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 42.29 |
| Cash and Equivalents | 24.76 |
| Canadian Corporate Bonds | 14.11 |
| Canadian Equity | 8.24 |
| Canadian Government Bonds | 4.47 |
| Other | 6.13 |
| Name | Percent |
|---|---|
| Fixed Income | 61.30 |
| Cash and Cash Equivalent | 24.76 |
| Financial Services | 4.52 |
| Consumer Goods | 2.89 |
| Real Estate | 2.38 |
| Other | 4.15 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Latin America | 0.02 |
| Name | Percent |
|---|---|
| Stonemor Inc 8.50% 15-May-2029 | 3.19 |
| LSB Industries Inc 6.25% 15-Oct-2028 | 2.88 |
| Trulieve Cannabis Corp - Pfd | 2.87 |
| Canada Government 3.50% 01-Sep-2029 | 2.86 |
| Royal Bank of Canada 4.20% PERP | 2.80 |
| Rithm Capital Corp 6.25% 15-Oct-2025 | 2.43 |
| Canada Government 08-Oct-2025 | 2.42 |
| Hudson Pacific Properties LP 4.65% 01-Apr-2029 | 1.98 |
| EchoStar Corp 10.75% 30-Nov-2029 | 1.94 |
| Vistra Operations Co LLC 5.00% 31-Jul-2027 | 1.85 |
Purpose Strategic Yield Fund Series A
Median
Other - High Yield Fixed Income
| Standard Deviation | 3.71% | 4.51% | 7.52% |
|---|---|---|---|
| Beta | 0.36% | 0.35% | 0.60% |
| Alpha | 0.05% | 0.04% | 0.03% |
| Rsquared | 0.19% | 0.23% | 0.27% |
| Sharpe | 1.27% | 0.77% | 0.60% |
| Sortino | 2.92% | 1.09% | 0.56% |
| Treynor | 0.13% | 0.10% | 0.07% |
| Tax Efficiency | 70.47% | 59.73% | 54.98% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.71% | 3.71% | 4.51% | 7.52% |
| Beta | 0.58% | 0.36% | 0.35% | 0.60% |
| Alpha | 0.05% | 0.05% | 0.04% | 0.03% |
| Rsquared | 0.62% | 0.19% | 0.23% | 0.27% |
| Sharpe | 1.87% | 1.27% | 0.77% | 0.60% |
| Sortino | 3.68% | 2.92% | 1.09% | 0.56% |
| Treynor | 0.12% | 0.13% | 0.10% | 0.07% |
| Tax Efficiency | 74.40% | 70.47% | 59.73% | 54.98% |
| Start Date | August 26, 2011 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC4604 |
The fund’s investment objective is to seek to provide investors with a high yield by investing primarily in, or obtaining exposure primarily to, fixed income securities of corporate issuers located in Canada or the United States.
To achieve its objective, the fund has entered into a forward agreement with another party under which the other party will buy Canadian shares owned by the fund for a price determined by the value of units of the reference fund. This provides the fund with economic returns similar to that of the reference fund. The fund may use derivatives from time to time for hedging and other non-hedging purposes.
| Portfolio Manager |
Purpose Investments Inc.
|
|---|---|
| Sub-Advisor |
Purpose Investment Partners Inc. |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company National Bank Financial Inc. |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.77% |
|---|---|
| Management Fee | 1.55% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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