Join Fund Library now and get free access to personalized features to help you manage your investments.

Purpose Active Growth Fund Class A

Global Equity Balanced

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(12-06-2024)
$24.92
Change
$0.12 (0.47%)

As at October 31, 2024

As at October 31, 2024

As at July 31, 2024

Period
Loading...

Legend

Purpose Active Growth Fund Class A

Compare Options


Fund Returns

Inception Return (October 24, 2023): 22.01%

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 -0.04% 2.28% 8.11% 13.09% 22.29% - - - - - - - - -
Benchmark 0.42% 2.79% 10.62% 17.20% 26.88% 18.07% 6.92% 9.55% 8.96% 9.52% 8.24% 8.84% 8.53% 9.24%
Category Average -0.20% 2.18% 8.64% 13.52% 23.22% 13.95% 4.36% 8.19% 6.92% 7.23% 5.79% 6.34% 6.05% 6.04%
Category Rank 683 / 1,382 726 / 1,381 966 / 1,375 885 / 1,371 904 / 1,364 - - - - - - - - -
Quartile Ranking 2 3 3 3 3 - - - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 5.11% 2.87% 0.69% 2.29% 2.84% -1.24% 2.15% -0.37% 3.87% 0.23% 2.08% -0.04%
Benchmark 5.87% 2.26% 1.06% 4.23% 2.30% -1.69% 2.36% 2.01% 3.06% -0.02% 2.38% 0.42%

Best Monthly Return Since Inception

5.11% (November 2023)

Worst Monthly Return Since Inception

-1.24% (April 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 13.13% 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07%
Category Average 7.89% 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
International Equity 28.29
Canadian Equity 26.75
US Equity 20.67
Canadian Government Bonds 7.24
Commodities 4.84
Other 12.21

Sector Allocation

Sector Allocation
Name Percent
Financial Services 15.06
Fixed Income 13.96
Technology 11.11
Consumer Goods 6.37
Basic Materials 5.71
Other 47.79

Geographic Allocation

Geographic Allocation
Name Percent
North America 65.41
Asia 13.26
Europe 13.06
Multi-National 1.43
Latin America 0.98
Other 5.86

Top Holdings

Top Holdings
Name Percent
BMO S&P/TSX Capped Composite Index ETF (ZCN) 14.34
Purpose Core Equity Income Fund ETF (RDE) 10.41
BMO Aggregate Bond Index ETF (ZAG) 8.73
Invesco S&P 500 Equal Weight Index ETF (EQL) 8.46
iShares Core MSCI EAFE ETF (IEFA) 7.80
Purpose International Dividend Fund ETF (PID) 6.65
Purpose Tactical Asset Allocation Fund ETF (RTA) 6.62
Invesco QQQ ETF (QQQ) 6.54
Vanguard FTSE Emerging Mkts All Cap Idx ETF (VEE) 5.09
Purpose Gold Bullion Fund ETF (KILO) 4.83

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.

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 6.51% - - -
Beta 0.83% - - -
Alpha 0.00% - - -
Rsquared 0.75% - - -
Sharpe 2.43% - - -
Sortino 10.65% - - -
Treynor 0.19% - - -
Tax Efficiency - - - -

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 October 24, 2023
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
PFC22200

Investment Objectives

The fund seeks to provide unitholders with long-term capital growth, primarily by investing in a diverse portfolio of equity securities and fixed income securities located anywhere in the world . The fund’s objective is to outperform a passive balanced strategy over a full market cycle on a risk adjusted basis.

Investment Strategy

The portfolio manager will primarily invest in global equities, fixed income securities, and other asset classes as deemed appropriate. The portfolio construction approach blends both active and passive investment strategies, intentionally deploying active strategies in markets that are less efficient or where they can otherwise add value through expected performance and/or risk management.

Portfolio Manager(s)

Name Start Date
Purpose Investments Inc. 10-13-2023

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 -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.58%
Management Fee 1.20%
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) -

Join Fund Library now and get free access to personalized features to help you manage your investments.