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Purpose Global Resource Fund Series A (FE)

Natural Resources Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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Fundata ESG GradeE Click for more information on Fundata’s ESG Grade

Fundata ESG Grade E

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NAVPS
(04-17-2024)
$2.18
Change
-$0.01 (-0.42%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

Purpose Global Resource Fund Series A (FE)

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Fund Returns

Inception Return (June 22, 2006): -2.20%

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 9.12% 17.02% 7.09% 17.02% 12.06% 17.24% 29.80% 44.90% 16.70% 11.42% 6.56% 8.23% 3.99% 0.18%
Benchmark 10.75% 8.69% 8.09% 8.69% 5.74% -0.88% 12.02% 17.84% 8.22% 7.02% 4.58% 6.38% 3.91% 2.10%
Category Average 7.75% 5.73% 5.73% 5.89% 7.71% 1.94% 14.09% 28.30% 11.41% 7.92% 6.01% 7.97% 5.16% 2.36%
Category Rank 33 / 118 4 / 118 64 / 118 4 / 118 49 / 117 3 / 116 3 / 112 7 / 110 15 / 110 25 / 108 73 / 98 67 / 93 72 / 86 72 / 79
Quartile Ranking 2 1 3 1 2 1 1 1 1 1 3 3 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.15% -7.72% 5.53% 7.06% -0.52% -0.25% 1.10% -4.86% -4.86% 3.77% 3.34% 9.12%
Benchmark 3.89% -9.56% 1.78% 5.23% 0.19% -2.98% -2.12% 2.75% -1.11% -2.35% 0.51% 10.75%

Best Monthly Return Since Inception

30.47% (April 2020)

Worst Monthly Return Since Inception

-35.99% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund -23.58% -30.47% 40.60% -9.62% -33.72% 7.49% -8.96% 35.38% 61.50% -3.97%
Benchmark -5.59% -23.78% 36.74% -1.69% -15.86% 20.06% -7.01% 21.57% 12.86% -0.78%
Category Average -12.08% -22.23% 40.92% -2.18% -21.77% 9.95% 5.03% 32.84% 13.19% 2.62%
Quartile Ranking 4 4 3 4 4 4 4 2 1 4
Category Rank 71/ 77 76/ 81 60/ 93 84/ 98 104/ 108 90/ 110 106/ 110 55/ 111 3/ 113 108/ 117

Best Calendar Return (Last 10 years)

61.50% (2022)

Worst Calendar Return (Last 10 years)

-33.72% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 62.08
US Equity 33.04
Cash and Equivalents 2.69
International Equity 2.01
Foreign Corporate Bonds 0.17
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Energy 88.68
Basic Materials 5.79
Exchange Traded Fund 2.69
Consumer Services 1.39
Fixed Income 0.17
Other 1.28

Geographic Allocation

Geographic Allocation
Name Percent
North America 97.99
Europe 2.01

Top Holdings

Top Holdings
Name Percent
Valeura Energy Inc 10.56
TAG Oil Ltd 9.57
PBF Energy Inc Cl A 9.48
Tenaz Energy Corp 8.95
Marathon Petroleum Corp 8.09
Cenovus Energy Inc 7.35
Tourmaline Oil Corp 6.40
ARC Resources Ltd 5.51
Valero Energy Corp 5.38
Advantage Energy Ltd 4.94

Equity Style

Market capitalization is medium. Equity style is blend.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Purpose Global Resource Fund Series A (FE)

Median

Other - Natural Resources Equity

3 Yr Annualized

Standard Deviation 22.61% 31.75% 26.65%
Beta 0.93% 1.27% 1.15%
Alpha 0.17% 0.08% -0.01%
Rsquared 0.55% 0.73% 0.68%
Sharpe 1.16% 0.59% 0.09%
Sortino 2.04% 0.83% 0.04%
Treynor 0.28% 0.15% 0.02%
Tax Efficiency 90.09% 82.61% -
Volatility Volatility rating is 10 on a scale of 1 to 10 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 17.63% 22.61% 31.75% 26.65%
Beta 0.72% 0.93% 1.27% 1.15%
Alpha 0.08% 0.17% 0.08% -0.01%
Rsquared 0.50% 0.55% 0.73% 0.68%
Sharpe 0.46% 1.16% 0.59% 0.09%
Sortino 0.91% 2.04% 0.83% 0.04%
Treynor 0.11% 0.28% 0.15% 0.02%
Tax Efficiency 81.69% 90.09% 82.61% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date June 22, 2006
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC5104

Investment Objectives

The fundamental investment objective of the fund is to provide current income and long-term capital appreciation by investing primarily in a diversified portfolio of North American resource equity and income securities, including dividend paying or distribution paying North American resource equity and income securities such as common shares, income trust units, convertible bonds, and, to a lesser extent, interestbearing securities such as corporate bonds.

Investment Strategy

The Fund’s investment strategy entails initially investing in shares of resource issuers engaged in oil and gas or mining exploration, development or production or energy production, including alternative energy production, and that have experienced management; have a strong exploration program in place; may require time to mature; and offer potential for future growth.

Portfolio Manager(s)

Name Start Date
Steve Vannatta 12-15-2017

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 500
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 3.05%
Management Fee 1.90%
Load Front 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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