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Purpose Marijuana Opportunities Fund Class A

Sector Equity

NAVPS
(02-11-2025)
$2.95
Change
-$0.07 (-2.25%)

As at January 31, 2025

As at January 31, 2025

Period
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Purpose Marijuana Opportunities Fund Class A

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Fund Returns

Inception Return (January 31, 2018): -22.73%

Fund Returns
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 -7.21% -45.28% -49.38% -7.21% -63.85% -31.60% -45.31% -44.38% -29.04% -30.98% -22.74% - - -
Benchmark 3.48% 6.47% 12.11% 3.48% 25.19% 14.44% 9.97% 13.55% 11.45% 12.03% 10.30% 9.84% 11.29% 8.96%
Category Average 4.51% 7.84% 9.21% 4.51% 22.32% 22.11% 9.34% 7.78% 12.02% 12.76% 11.48% 12.92% 12.26% 11.27%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan
Fund -10.52% 9.51% 13.27% -31.28% -9.65% 3.64% -13.87% 10.15% -2.49% -33.73% -11.01% -7.21%
Benchmark 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48%

Best Monthly Return Since Inception

38.98% (January 2019)

Worst Monthly Return Since Inception

-36.73% (December 2022)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - -15.47% 59.91% -22.50% -68.69% -6.77% -47.03%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average 16.21% -0.43% 20.39% 1.55% 22.37% 29.99% 15.34% -25.24% 26.53% 20.41%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

59.91% (2020)

Worst Calendar Return (Last 10 years)

-68.69% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 74.19
Canadian Equity 21.94
Cash and Equivalents 2.97
Derivatives 0.89
International Equity 0.01

Sector Allocation

Sector Allocation
Name Percent
Healthcare 63.73
Consumer Services 20.58
Consumer Goods 11.90
Cash and Cash Equivalent 2.97
Technology 0.00
Other 0.82

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.99
Europe 0.01

Top Holdings

Top Holdings
Name Percent
Green Thumb Industries Inc 27.45
Trulieve Cannabis Corp 16.81
Verano Holdings Corp Cl A 13.67
Curaleaf Holdings Inc 7.94
Britannia Life Sciences Inc 5.83
Grown Rogue International Inc 4.91
Cansortium Inc 4.12
Planet 13 Holdings Inc 3.94
Greenlane Holdings Inc Cl A 1.95
Vext Science Inc 1.78

Equity Style

Market capitalization is small. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Purpose Marijuana Opportunities Fund Class A

Median

Other - Sector Equity

3 Yr Annualized

Standard Deviation 55.60% 53.81% -
Beta 1.13% 1.27% -
Alpha -0.54% -0.35% -
Rsquared 0.08% 0.14% -
Sharpe -0.83% -0.40% -
Sortino -0.97% -0.54% -
Treynor -0.41% -0.17% -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 52.20% 55.60% 53.81% -
Beta -0.87% 1.13% 1.27% -
Alpha -0.63% -0.54% -0.35% -
Rsquared 0.03% 0.08% 0.14% -
Sharpe -1.68% -0.83% -0.40% -
Sortino -1.64% -0.97% -0.54% -
Treynor 1.01% -0.41% -0.17% -
Tax Efficiency - - - -

Fund Details

Start Date January 31, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC4200

Investment Objectives

The fund seeks to provide unitholders with attractive long-term capital appreciation by investing in global issuers with interest in the marijuana or marijuana related industries. While the fund will primarily invest in equity securities, it may also acquire other types of securities of publicly listed companies, including, but not limited to, ADRs, preferred shares, convertible securities, debt securities, subscription receipts, options and warrants.

Investment Strategy

The fund will primarily invest in equity securities from domestic and global issuers that are involved in marijuana and marijuana related businesses, including research and development and other ancillary businesses to the marijuana industry.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 01-31-2018

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian CIBC Mellon Trust Company
Registrar CIBC Mellon Global Securities Services Company
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 15,000
SWP Min Withdrawal 100

Fees

MER 2.28%
Management Fee 1.75%
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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