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Alternative Equity Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-28-2026) |
$18.35 |
|---|---|
| Change |
-$0.06
(-0.34%)
|
As at March 31, 2026
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Inception Return (September 14, 2021): 4.66%
| 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 | -2.95% | -1.85% | -0.11% | -1.85% | 8.15% | 7.53% | 12.70% | 5.47% | - | - | - | - | - | - |
| Benchmark | -4.32% | 3.93% | 10.43% | 3.93% | 34.83% | 24.96% | 21.18% | 13.97% | 15.19% | 19.59% | 14.05% | 13.29% | 11.94% | 12.59% |
| Category Average | -3.14% | 1.36% | 3.96% | 1.36% | 18.20% | 12.21% | 12.89% | 9.03% | 8.31% | 11.51% | - | - | - | - |
| Category Rank | 125 / 258 | 178 / 248 | 175 / 244 | 178 / 248 | 128 / 208 | 96 / 165 | 56 / 125 | 77 / 119 | - | - | - | - | - | - |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 3 | 2 | 3 | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.65% | 5.96% | 2.92% | 0.78% | 1.68% | 0.54% | 0.14% | 1.25% | 0.38% | 0.69% | 0.44% | -2.95% |
| Benchmark | -0.10% | 5.56% | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% |
11.52% (January 2023)
-9.92% (June 2022)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -19.14% | 21.35% | 16.18% | 7.84% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | - | - | - | - | 5.11% | 17.27% | -5.96% | 6.54% | 16.58% | 15.40% |
| Quartile Ranking | - | - | - | - | - | - | 4 | 1 | 3 | 3 |
| Category Rank | - | - | - | - | - | - | 98/ 107 | 27/ 125 | 85/ 146 | 139/ 197 |
21.35% (2023)
-19.14% (2022)
Purpose Structured Equity Yield Plus Fund Series A
Median
Other - Alternative Equity Focus
| Standard Deviation | 11.54% | - | - |
|---|---|---|---|
| Beta | 0.77% | - | - |
| Alpha | -0.03% | - | - |
| Rsquared | 0.59% | - | - |
| Sharpe | 0.78% | - | - |
| Sortino | 1.64% | - | - |
| Treynor | 0.12% | - | - |
| Tax Efficiency | 75.85% | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.53% | 11.54% | - | - |
| Beta | 0.49% | 0.77% | - | - |
| Alpha | -0.07% | -0.03% | - | - |
| Rsquared | 0.41% | 0.59% | - | - |
| Sharpe | 0.68% | 0.78% | - | - |
| Sortino | 1.03% | 1.64% | - | - |
| Treynor | 0.12% | 0.12% | - | - |
| Tax Efficiency | 65.31% | 75.85% | - | - |
| Start Date | September 14, 2021 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Capped |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $7 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC8400 |
The investment objective of the fund is to provide investors with (i) the opportunity for long-term capital appreciation, (ii) stable, enhanced monthly distributions, and (iii) managed downside risk compared to 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. The fund will use leverage.
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.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 5,000 |
| PAC Subsequent | 100 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.94% |
|---|---|
| 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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