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Foundation Wealth Diversifier Pool Class E

Miscellaneous - Other

NAVPS
(04-22-2024)
$24.01
Change
$0.05 (0.22%)

As at March 31, 2024

As at March 31, 2024

Period
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Legend

Foundation Wealth Diversifier Pool Class E

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Fund Returns

Inception Return (April 15, 2020): 6.53%

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 3.73% 6.50% 15.93% 6.50% 10.89% 0.44% 3.78% - - - - - - -
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 0.24% 4.85% 4.85% 1.47% 9.73% 6.19% 3.77% 8.54% 8.73% 5.66% 4.87% 5.44% 4.09% 4.64%
Category Rank 1 / 12 3 / 12 1 / 12 3 / 12 7 / 12 9 / 12 5 / 12 - - - - - - -
Quartile Ranking 1 1 1 1 3 3 2 - - - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 0.95% -2.75% 0.72% 1.24% -1.39% -3.11% -0.73% 5.48% 3.95% 0.09% 2.58% 3.73%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

5.79% (January 2023)

Worst Monthly Return Since Inception

-7.48% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - 11.06% -13.20% 9.67%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 7.50% 1.10% 4.45% 6.11% -16.12% 20.78% 18.07% 7.80% -6.20% 10.49%
Quartile Ranking - - - - - - - 2 3 3
Category Rank - - - - - - - 5/ 12 9/ 12 7/ 12

Best Calendar Return (Last 10 years)

11.06% (2021)

Worst Calendar Return (Last 10 years)

-13.20% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 28.77
Cash and Equivalents 16.41
Income Trust Units 10.37
Commodities 10.01
US Equity 8.95
Other 25.49

Sector Allocation

Sector Allocation
Name Percent
Mutual Fund 28.83
Exchange Traded Fund 14.05
Real Estate 11.50
Cash and Cash Equivalent 8.64
Financial Services 6.89
Other 30.09

Geographic Allocation

Geographic Allocation
Name Percent
North America 75.28
Multi-National 9.85
Europe 3.04
Asia 1.10
Latin America 0.70
Other 10.03

Top Holdings

Top Holdings
Name Percent
CI Canadian REIT ETF (RIT) 12.15
Dynamic Global Real Estate Fund Series F 11.92
Purpose Tactical Asset Allocation Fund Series A 10.13
TD Active Global Infrastructure Equity ETF (TINF) 10.03
Purpose Gold Bullion Fund ETF (KILO) 8.18
Purpose Premium Yield Fund - Series A 6.98
Dynamic Preferred Yield Fund 6.39
Dynamic Active Discount Bond ETF 6.25
Atrium Mortgage Investment Corp 4.75
Dynamic Strategic Gold Class Series A 3.86

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Foundation Wealth Diversifier Pool Class E

Median

Other - Miscellaneous - Other

3 Yr Annualized

Standard Deviation 10.42% - -
Beta 0.74% - -
Alpha -0.03% - -
Rsquared 0.89% - -
Sharpe 0.16% - -
Sortino 0.17% - -
Treynor 0.02% - -
Tax Efficiency - - -
Volatility Volatility rating is 5 on a scale of 1 to 10 - -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.29% 10.42% - -
Beta 0.67% 0.74% - -
Alpha 0.01% -0.03% - -
Rsquared 0.85% 0.89% - -
Sharpe 0.65% 0.16% - -
Sortino 1.59% 0.17% - -
Treynor 0.09% 0.02% - -
Tax Efficiency 90.74% - - -

Fund Details

Start Date April 15, 2020
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC8288

Investment Objectives

The fund seeks to provide unitholders with positive absolute returns that have reduced correlations to the broader securities markets. The fund will utilize a multi-strategy approach by allocating its assets across various asset classes including equities and commodities. 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 seeks to achieve its investment objectives by investing in securities including, equities, mutual funds, ETFs and securities offered under offering memorandum, that are expected to have a reduced correlation with more traditional investments. The investment advisor utilizes a fundamental approach to select securities that provide broad diversification for investors including commodities and cryptocurrencies and hedge fund strategies.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 04-15-2020
Foundation Wealth Partners LP. 03-22-2022

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 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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