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Purpose Active Growth Fund Class A
Global Equity Balanced
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
Click for more information on Fundata’s ESG Grade.
|
NAVPS (09-23-2026) |
$29.83 |
|---|---|
| Change |
-$0.31
(-1.03%)
|
As at August 31, 2026
As at August 31, 2026
As at August 31, 2026
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Legend
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Fund Returns
Inception Return (October 24, 2023): 19.01%
| 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 | 1.21% | 2.49% | 6.20% | 12.81% | 19.44% | 16.98% | - | - | - | - | - | - | - | - |
| Benchmark | 1.05% | 1.74% | 7.92% | 11.89% | 17.45% | 16.20% | 16.92% | 16.12% | 9.52% | 10.84% | 10.94% | 10.00% | 10.30% | 10.06% |
| Category Average | 0.95% | 1.94% | 5.51% | 9.57% | 14.45% | 12.83% | 13.78% | 12.56% | 7.16% | 8.91% | 8.54% | 7.61% | 7.61% | 7.41% |
| Category Rank | 410 / 1,293 | 378 / 1,288 | 570 / 1,281 | 202 / 1,277 | 194 / 1,260 | 228 / 1,220 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 2 | 2 | 1 | 1 | 1 | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.41% | 1.39% | 1.30% | -0.32% | 2.56% | 3.58% | -3.65% | 3.56% | 3.86% | 1.38% | -0.12% | 1.21% |
| Benchmark | 4.09% | 2.18% | -0.22% | -1.10% | 1.51% | 2.14% | -4.22% | 5.33% | 5.15% | 2.23% | -1.52% | 1.05% |
Best Monthly Return Since Inception
5.11% (November 2023)
Worst Monthly Return Since Inception
-3.65% (March 2026)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | 14.43% | 17.48% |
| Benchmark | 3.66% | 11.99% | 0.72% | 16.29% | 12.17% | 11.33% | -12.03% | 15.07% | 21.57% | 13.15% |
| Category Average | 4.92% | 9.31% | -5.49% | 15.12% | 8.09% | 12.42% | -11.85% | 11.42% | 15.99% | 11.72% |
| Quartile Ranking | - | - | - | - | - | - | - | - | 4 | 1 |
| Category Rank | - | - | - | - | - | - | - | - | 943/ 1,206 | 111/ 1,233 |
Best Calendar Return (Last 10 years)
17.48% (2025)
Worst Calendar Return (Last 10 years)
14.43% (2024)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 36.45 |
| Canadian Equity | 20.34 |
| US Equity | 19.09 |
| Cash and Equivalents | 9.34 |
| Foreign Corporate Bonds | 4.94 |
| Other | 9.84 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 17.80 |
| Technology | 12.22 |
| Fixed Income | 10.43 |
| Exchange Traded Fund | 10.41 |
| Basic Materials | 5.85 |
| Other | 43.29 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 59.25 |
| Asia | 16.11 |
| Europe | 13.61 |
| Multi-National | 5.11 |
| Africa and Middle East | 1.50 |
| Other | 4.42 |
Top Holdings
| Name | Percent |
|---|---|
| iShares Core MSCI EAFE ETF (IEFA) | 11.80 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 11.47 |
| Purpose Core Equity Income Fund ETF (RDE) | 9.94 |
| CI Invesco S&P 500 Equal Wght Ind ETF C$H (EQL.F) | 6.95 |
| Purpose International Dividend Fund ETF (PID) | 6.55 |
| Invesco QQQ ETF (QQQ) | 6.54 |
| Purpose Tactical Asset Allocation Fund ETF (RTA) | 5.26 |
| iShares MSCI Japan ETF (EWJ) | 5.22 |
| Avantis International Equity ETF | 5.09 |
| Purpose Global Bond Fund ETF (BND) | 5.01 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
3 Yr Annualized
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.50% | - | - | - |
| Beta | 0.71 | - | - | - |
| Alpha | 0.06 | - | - | - |
| Rsquared | 0.86% | - | - | - |
| Sharpe | 2.12 | - | - | - |
| Sortino | 3.82 | - | - | - |
| Treynor | 0.22 | - | - | - |
| Tax Efficiency | 92.59% | - | - | - |
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) | $5 |
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 Management
| Portfolio Manager |
Purpose Investments Inc.
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
- |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.59% |
|---|---|
| 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) | - |
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