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Foundation Wealth Income Pool Class E
Global Core Plus Fixd Inc
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FundGrade A
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FundGrade A+® Rating Recipient
2025, 2024
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|
NAVPS (06-19-2026) |
$20.14 |
|---|---|
| Change |
$0.00
(-0.01%)
|
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (April 14, 2020): 3.50%
| 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 | 0.85% | -0.06% | 2.94% | 2.03% | 6.96% | 6.78% | 6.25% | 4.84% | 2.75% | 3.15% | - | - | - | - |
| Benchmark | 1.42% | -0.89% | -1.04% | 0.67% | 3.04% | 5.68% | 3.76% | 3.43% | 0.69% | -1.15% | 0.15% | 1.07% | 0.67% | 0.99% |
| Category Average | 0.68% | -0.99% | 0.13% | 0.62% | - | - | - | - | - | - | - | - | - | - |
| Category Rank | 176 / 368 | 39 / 368 | 6 / 368 | 19 / 368 | 9 / 359 | 13 / 347 | 7 / 317 | 18 / 299 | 22 / 271 | 6 / 236 | - | - | - | - |
| Quartile Ranking | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.90% | 0.17% | 0.86% | 1.05% | 0.92% | -0.06% | 0.90% | 1.10% | 0.98% | -1.55% | 0.67% | 0.85% |
| Benchmark | 1.17% | -0.22% | 0.81% | 2.14% | 0.41% | -0.23% | -1.70% | -0.25% | 1.83% | -0.86% | -1.43% | 1.42% |
Best Monthly Return Since Inception
3.32% (November 2023)
Worst Monthly Return Since Inception
-2.17% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 0.16% | -7.51% | 6.37% | 5.76% | 6.65% |
| Benchmark | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% | 6.80% | 3.01% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | 1 | 1 | 2 | 1 | 1 |
| Category Rank | - | - | - | - | - | 31/ 258 | 46/ 284 | 92/ 317 | 58/ 343 | 14/ 356 |
Best Calendar Return (Last 10 years)
6.65% (2025)
Worst Calendar Return (Last 10 years)
-7.51% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 24.97 |
| Foreign Bonds - Funds | 15.99 |
| Cash and Equivalents | 14.33 |
| Foreign Government Bonds | 10.91 |
| Canadian Corporate Bonds | 10.65 |
| Other | 23.15 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 63.02 |
| Mutual Fund | 14.81 |
| Exchange Traded Fund | 9.62 |
| Financial Services | 6.54 |
| Cash and Cash Equivalent | 4.87 |
| Other | 1.14 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 71.99 |
| Multi-National | 16.11 |
| Europe | 7.50 |
| Latin America | 2.95 |
| Asia | 2.13 |
| Other | -0.68 |
Top Holdings
| Name | Percent |
|---|---|
| Pender Corporate Bond Fund Class A | 11.03 |
| Purpose Global Bond Class Series F | 9.95 |
| NEI Global Total Return Bond Fund Series O | 9.47 |
| Purpose Cash Management Fund ETF - Closed | 9.45 |
| BMO Sustainable Glo M-Sector Bond Fund ETF ZMSB | 8.98 |
| BMO Aggregate Bond Index ETF (ZAG) | 8.81 |
| IA Clarington Loomis Global Multisector Bond Fd A | 8.78 |
| Capital Direct 1 Income Trust Class F | 8.29 |
| BMO High Quality Corporate Bond Index ETF (ZQB) | 7.83 |
| IA Clarington Agile Core Plus Bond GIF B | 7.05 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Foundation Wealth Income Pool Class E
Median
Other - Global Core Plus Fixd Inc
3 Yr Annualized
| Standard Deviation | 3.25% | 3.93% | - |
|---|---|---|---|
| Beta | 0.40 | 0.43 | - |
| Alpha | 0.05 | 0.02 | - |
| Rsquared | 0.38% | 0.45% | - |
| Sharpe | 0.79 | -0.03 | - |
| Sortino | 1.76 | -0.08 | - |
| Treynor | 0.06 | 0.00 | - |
| Tax Efficiency | 76.64% | 50.38% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.61% | 3.25% | 3.93% | - |
| Beta | 0.24 | 0.40 | 0.43 | - |
| Alpha | 0.06 | 0.05 | 0.02 | - |
| Rsquared | 0.16% | 0.38% | 0.45% | - |
| Sharpe | 1.70 | 0.79 | -0.03 | - |
| Sortino | 2.06 | 1.76 | -0.08 | - |
| Treynor | 0.18 | 0.06 | 0.00 | - |
| Tax Efficiency | 78.46% | 76.64% | 50.38% | - |
Fund Details
| Start Date | April 14, 2020 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC8188 |
Investment Objectives
The fund seeks to achieve a positive total return over time by investing in a broad range of fixed income securities, primarily through ETFs and mutual funds that invest in government debt, investment grade corporate debt and high yield debt. The fundamental investment objective may only be changed with the approval of a majority of the votes cast at a meeting of unitholders called for that purpose.
Investment Strategy
The fund invests in a portfolio of primarily North American securities, primarily through ETFs and mutual funds that invest in government debt, investment grade debt and high yield debt. The fund may also invest directly in fixed income securities, preferred securities and securities that hold portfolios of mortgages as permitted by Canadian securities laws.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Foundation Wealth Partners LP.
|
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 | 0.63% |
|---|---|
| Management Fee | 0.25% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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