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Purpose Ether Yield ETF Class A

Alternative Other

NAVPS
(12-06-2024)
$4.59
Change
$0.18 (4.18%)

As at October 31, 2024

As at October 31, 2024

Period
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Legend

Purpose Ether Yield ETF Class A

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Fund Returns

Inception Return (December 02, 2021): -24.10%

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 -2.26% -21.84% -13.53% -0.72% 20.45% 14.15% - - - - - - - -
Benchmark 0.85% 5.30% 12.95% 18.24% 32.06% 15.16% 8.05% 15.02% 11.33% 11.65% 9.36% 9.62% 9.96% 8.41%
Category Average 4.07% -5.23% 2.48% 25.94% 42.17% 32.89% -0.34% 6.48% 6.85% 6.37% 5.35% 5.54% 5.33% 4.70%
Category Rank 84 / 89 67 / 87 75 / 87 82 / 87 60 / 87 60 / 76 - - - - - - - -
Quartile Ranking 4 4 4 4 3 4 - - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 10.06% 10.23% -0.76% 43.03% -1.23% -18.09% 28.35% -10.98% -3.17% -22.90% 3.73% -2.26%
Benchmark 7.48% 3.91% 0.55% 1.82% 4.14% -1.82% 2.77% -1.42% 5.87% 1.22% 3.15% 0.85%

Best Monthly Return Since Inception

65.93% (July 2022)

Worst Monthly Return Since Inception

-47.74% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - -67.33% 69.52%
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 4
Category Rank - - - - - - - - 58/ 62 59/ 76

Best Calendar Return (Last 10 years)

69.52% (2023)

Worst Calendar Return (Last 10 years)

-67.33% (2022)

Asset Allocation

Asset Allocation
Name Percent
Commodities 99.12
Cash and Equivalents 0.88

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 0.87
Other 99.13

Geographic Allocation

Geographic Allocation
Name Percent
North America 0.87
Other 99.13

Top Holdings

Top Holdings
Name Percent
Purpose Ether ETF - CAD ETF NC Hedged (ETHH.B) 99.48
Cash and Cash Equivalents 1.36
United States Dollar 0.00
Canadian Dollar -0.42
ETHH/B CN -0.43

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  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 64.02% - - -
Beta 2.30% - - -
Alpha -0.30% - - -
Rsquared 0.12% - - -
Sharpe 0.49% - - -
Sortino 1.03% - - -
Treynor 0.14% - - -
Tax Efficiency 73.39% - - -

Fund Details

Start Date December 02, 2021
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC7000

Investment Objectives

The fund seeks to provide unitholders with (a) monthly distributions and (b) long-term capital appreciation. The fund will achieve its investment objectives primarily by obtaining exposure to Ether and by implementing a derivatives based strategy in respect of portfolio securities. The fund will not change its fundamental investment objectives unless the consent of a majority of the fund’s unitholders has been obtained

Investment Strategy

The fund seeks to achieve its investment objectives by investing indirectly in long-term holdings of Ether primarily through investment in units of the Purpose Ether ETF and implementing an option writing strategy (as described below). The fund may also invest in other investment funds which provide exposure to Ether.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 11-24-2021

Management and Organization

Fund Manager Purpose Investments Inc.
Advisor Purpose Investments Inc.
Custodian CIBC Mellon Trust Company
Registrar -
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.41%
Management Fee 2.10%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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