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Purpose Bitcoin ETF Class A

Alternative Other

NAVPS
(07-18-2024)
$9.80
Change
-$0.17 (-1.66%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

Purpose Bitcoin ETF Class A

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Fund Returns

Inception Return (October 13, 2021): -2.78%

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 -11.49% -16.29% 39.69% 39.69% 89.56% 71.05% - - - - - - - -
Benchmark -1.42% -0.53% 6.05% 6.05% 12.13% 11.27% 5.98% 12.35% 9.28% 8.36% 8.65% 8.95% 7.89% 6.95%
Category Average -6.93% 30.57% 30.57% 30.57% 51.82% 49.38% 8.60% 8.55% 7.64% 6.40% 6.34% 6.44% 5.37% 5.00%
Category Rank 90 / 90 90 / 90 42 / 90 42 / 90 22 / 83 39 / 73 - - - - - - - -
Quartile Ranking 4 4 2 2 2 3 - - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -4.49% -10.59% 2.61% 28.11% 8.99% 10.91% 0.74% 45.56% 13.80% -16.85% 13.73% -11.49%
Benchmark 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42%

Best Monthly Return Since Inception

45.56% (February 2024)

Worst Monthly Return Since Inception

-40.89% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -65.67% 143.17%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 4.57% -0.60% 6.48% 4.63% -4.48% 6.64% 14.43% 7.75% -45.86% 66.56%
Quartile Ranking - - - - - - - - 4 1
Category Rank - - - - - - - - 54/ 65 19/ 79

Best Calendar Return (Last 10 years)

143.17% (2023)

Worst Calendar Return (Last 10 years)

-65.67% (2022)

Asset Allocation

Asset Allocation
Name Percent
Commodities 99.89
Cash and Equivalents 0.11

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 0.11
Other 99.89

Geographic Allocation

Geographic Allocation
Name Percent
North America 0.10
Other 99.90

Top Holdings

Top Holdings
Name Percent
Bitcoin 1 XBT 99.89
Cash and Cash Equivalents 0.11
Canadian Dollar 0.01
United States Dollar -0.01

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date October 13, 2021
Instrument Type Mutual Fund (Alternative)
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
PFC6700

Investment Objectives

The fund has been created to buy and hold substantially all of its assets in long-term holdings of Bitcoin and seeks to provide unitholders with the opportunity for long-term capital appreciation. In respect of the ETF Carbon Offset Units, the fund will purchase carbon offset credits in order to seek to neutralize the carbon footprint related to the fund’s Bitcoin allocable to such units.

Investment Strategy

To achieve its investment objective, the fund invests in and holds substantially all of its assets in long-term holdings of Bitcoin in order to provide unitholders with a secure, convenient, lower-cost alternative to a direct investment in Bitcoin. The fund will not speculate with regard to short-term changes in Bitcoin prices. The fund will not use derivatives instruments, the underlying interest of which is Bitcoin, for non-hedging purposes.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 10-18-2021

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian Cidel 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 5,000
PAC Subsequent 100
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.45%
Management Fee 2.00%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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