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Purpose Structured Equity Yield Fund Series A
North American Equity
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-15-2026) |
$18.74 |
|---|---|
| Change |
$0.00
(-0.01%)
|
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (April 06, 2020): 4.49%
| 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 | -0.40% | 3.26% | 1.85% | 1.85% | 5.74% | 7.34% | 9.88% | 9.15% | 4.18% | 4.69% | - | - | - | - |
| Benchmark | 1.25% | 12.12% | 12.83% | 12.83% | 30.34% | 25.35% | 23.64% | 21.84% | 15.83% | 18.23% | 16.22% | 15.00% | 14.81% | 14.81% |
| Category Average | 2.08% | 12.46% | 9.29% | 9.29% | 15.73% | 13.33% | 14.42% | 14.55% | 8.49% | 12.47% | 10.66% | 9.98% | 10.01% | 10.18% |
| Category Rank | 170 / 188 | 181 / 188 | 183 / 185 | 183 / 185 | 161 / 181 | 154 / 174 | 147 / 173 | 159 / 166 | 134 / 138 | 121 / 121 | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.62% | 1.30% | 0.44% | 0.14% | 0.95% | 0.31% | 0.54% | 0.35% | -2.24% | 3.20% | 0.46% | -0.40% |
| Benchmark | 2.72% | 3.12% | 5.20% | 2.01% | 1.91% | -0.28% | 0.61% | 3.77% | -3.61% | 5.90% | 4.56% | 1.25% |
Best Monthly Return Since Inception
8.74% (January 2023)
Worst Monthly Return Since Inception
-7.67% (June 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 3.30% | -15.00% | 16.73% | 13.01% | 6.37% |
| Benchmark | 14.85% | 11.54% | -2.58% | 24.09% | 10.91% | 26.72% | -9.17% | 17.51% | 28.77% | 21.74% |
| Category Average | 4.55% | 10.59% | -6.12% | 20.45% | 16.55% | 18.87% | -14.77% | 16.96% | 18.75% | 8.61% |
| Quartile Ranking | - | - | - | - | - | 4 | 3 | 2 | 4 | 4 |
| Category Rank | - | - | - | - | - | 132/ 135 | 93/ 142 | 82/ 170 | 159/ 173 | 144/ 181 |
Best Calendar Return (Last 10 years)
16.73% (2023)
Worst Calendar Return (Last 10 years)
-15.00% (2022)
Asset Allocation
Sector Allocation
Geographic Allocation
Top Holdings
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Structured Equity Yield Fund Series A
Median
Other - North American Equity
3 Yr Annualized
| Standard Deviation | 8.51% | 10.59% | - |
|---|---|---|---|
| Beta | 0.67 | 0.75 | - |
| Alpha | -0.05 | -0.07 | - |
| Rsquared | 0.65% | 0.73% | - |
| Sharpe | 0.74 | 0.16 | - |
| Sortino | 1.56 | 0.23 | - |
| Treynor | 0.09 | 0.02 | - |
| Tax Efficiency | 76.82% | 45.15% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.27% | 8.51% | 10.59% | - |
| Beta | 0.36 | 0.67 | 0.75 | - |
| Alpha | -0.04 | -0.05 | -0.07 | - |
| Rsquared | 0.60% | 0.65% | 0.73% | - |
| Sharpe | 0.79 | 0.74 | 0.16 | - |
| Sortino | 1.04 | 1.56 | 0.23 | - |
| Treynor | 0.09 | 0.09 | 0.02 | - |
| Tax Efficiency | 62.66% | 76.82% | 45.15% | - |
Fund Details
| Start Date | April 06, 2020 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $24 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC6200 |
Investment Objectives
The investment objective of the fund is to provide investors with (i) the opportunity for long-term capital appreciation, (ii) stable, monthly distributions, and (iii) less downside risk than a direct investment in the broad equity markets by investing, directly or indirectly, in a broad portfolio of North American and global equity securities and partially hedging the portfolio’s downside risk.
Investment Strategy
The fund currently employs (i) index investment strategies tracking broad equity markets and specific sectors and (ii) a multi-factor portfolio selection strategy that is intended to create value and reduce risk over the investment period. The fund obtains its exposure by investing in Canadian index participation units (as defined in NI 81-102) and other Canadian ETFs that the manager believes have an attractive valuation and strong fundamentals.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.88% |
|---|---|
| Management Fee | 1.65% |
| 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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