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Alternative Credit Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (12-12-2025) |
$10.40 |
|---|---|
| Change |
-$0.03
(-0.29%)
|
As at November 30, 2025
As at September 30, 2025
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Inception Return (August 30, 2013): 6.80%
| 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 | 0.29% | 3.30% | 7.24% | 7.38% | 7.75% | 11.21% | 7.64% | 4.37% | 5.50% | 6.69% | 6.96% | 6.38% | 6.83% | 7.13% |
| Benchmark | 0.26% | 2.84% | 2.50% | 3.81% | 3.28% | 5.72% | 4.33% | 0.82% | -0.13% | 1.09% | 2.21% | 1.89% | 1.95% | 2.09% |
| Category Average | 0.28% | 1.45% | 3.76% | 5.27% | 5.49% | 7.68% | 6.84% | 4.16% | 4.06% | 4.45% | - | - | - | - |
| Category Rank | 15 / 71 | 4 / 65 | 4 / 62 | 17 / 52 | 15 / 52 | 5 / 41 | 21 / 38 | 21 / 36 | 14 / 36 | 10 / 35 | 9 / 35 | 8 / 31 | 7 / 25 | 9 / 21 |
| Quartile Ranking | 1 | 1 | 1 | 2 | 2 | 1 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | 2 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.34% | 0.97% | 0.16% | -0.92% | -1.60% | 1.54% | 1.41% | 1.30% | 1.05% | 1.94% | 1.04% | 0.29% |
| Benchmark | -0.52% | 1.13% | 1.14% | -0.29% | -0.77% | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% |
5.81% (April 2020)
-11.73% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.60% | 12.04% | 9.66% | 3.90% | 8.55% | 14.01% | 8.76% | -7.27% | 5.42% | 12.04% |
| Benchmark | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% |
| Category Average | - | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% |
| Quartile Ranking | 3 | 3 | 2 | 1 | 3 | 1 | 1 | 4 | 4 | 1 |
| Category Rank | 8/ 13 | 12/ 21 | 10/ 25 | 5/ 31 | 18/ 35 | 8/ 35 | 8/ 36 | 34/ 36 | 37/ 40 | 8/ 41 |
14.01% (2020)
-7.27% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 37.97 |
| Cash and Equivalents | 20.83 |
| Canadian Corporate Bonds | 14.55 |
| Canadian Equity | 11.31 |
| US Equity | 5.94 |
| Other | 9.40 |
| Name | Percent |
|---|---|
| Fixed Income | 58.31 |
| Cash and Cash Equivalent | 20.84 |
| Financial Services | 4.66 |
| Real Estate | 2.93 |
| Mutual Fund | 2.86 |
| Other | 10.40 |
| Name | Percent |
|---|---|
| North America | 97.20 |
| Multi-National | 2.86 |
| Latin America | 0.01 |
| Name | Percent |
|---|---|
| Canada Government 05-Nov-2025 | 5.37 |
| Canadian Treasury Bill | 2.90 |
| Stonemor Inc 8.50% 15-May-2029 | 2.88 |
| Purpose Strategic Yield Fund | 2.86 |
| Purpose Canadian Preferred Share Fund | 2.72 |
| Canada Government 3.50% 01-Sep-2029 | 2.41 |
| Canada Government 3.50% 01-Mar-2028 | 2.28 |
| Trulieve Cannabis Corp - Pfd | 2.18 |
| Hudson Pacific Properties LP 4.65% 01-Apr-2029 | 1.88 |
| Vistra Operations Co LLC 5.00% 31-Jul-2027 | 1.87 |
Purpose Credit Opportunities Fund Series A2
Median
Other - Alternative Credit Focus
| Standard Deviation | 4.16% | 4.57% | 6.49% |
|---|---|---|---|
| Beta | 0.37% | 0.29% | 0.40% |
| Alpha | 0.06% | 0.05% | 0.06% |
| Rsquared | 0.24% | 0.14% | 0.10% |
| Sharpe | 0.85% | 0.61% | 0.82% |
| Sortino | 1.86% | 0.78% | 0.87% |
| Treynor | 0.10% | 0.10% | 0.13% |
| Tax Efficiency | 69.92% | 59.68% | 65.39% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.59% | 4.16% | 4.57% | 6.49% |
| Beta | 0.63% | 0.37% | 0.29% | 0.40% |
| Alpha | 0.05% | 0.06% | 0.05% | 0.06% |
| Rsquared | 0.24% | 0.24% | 0.14% | 0.10% |
| Sharpe | 1.35% | 0.85% | 0.61% | 0.82% |
| Sortino | 2.08% | 1.86% | 0.78% | 0.87% |
| Treynor | 0.08% | 0.10% | 0.10% | 0.13% |
| Tax Efficiency | 71.17% | 69.92% | 59.68% | 65.39% |
| Start Date | August 30, 2013 |
|---|---|
| Instrument Type | Exempt Product (Hedge Fund) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $1 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC4800 |
The investment objective of the Fund is to maximize total returns for Unitholders, consisting of both distributions and capital appreciation. The Fund invests, directly or indirectly, primarily in debt and equity securities of non-investment grade rated issuers, both publicly-traded and privately-held.
The Fund pursues its investment objective by using the following investment strategies: Long/Short Positions, Short Selling, Pairs Trading, Inter-Capital Arbitrage, Convertible Arbitrage, Merger Arbitrage, Derivatives, Securities Lending.
| Portfolio Manager |
LOGiQ Capital Partners Inc.
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
- |
| Distributor |
- |
| RSP Eligible | No |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | - |
|---|---|
| Management Fee | 1.85% |
| 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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