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Global Neutral Balanced
Click for more information on Fundata’s FundGrade.
NAVPS (05-14-2024) |
$17.55 |
---|---|
Change |
$0.01
(0.06%)
|
As at April 30, 2024
As at April 30, 2024
Inception Return (October 26, 2016): 1.31%
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 | -2.30% | -1.67% | 5.22% | -1.24% | -1.63% | -0.35% | -0.60% | 1.66% | 0.52% | 1.54% | 0.84% | - | - | - |
Benchmark | -1.57% | 3.31% | 11.56% | 4.12% | 9.21% | 7.74% | 3.11% | 5.05% | 4.84% | 5.39% | 5.04% | 6.48% | 6.12% | 6.83% |
Category Average | -1.99% | 10.80% | 10.80% | 2.42% | 6.62% | 4.42% | 1.99% | 5.55% | 4.00% | 4.27% | 3.94% | 4.83% | 4.01% | 4.42% |
Category Rank | 1,430 / 1,710 | 1,703 / 1,710 | 1,698 / 1,699 | 1,676 / 1,710 | 1,636 / 1,659 | 1,595 / 1,607 | 1,384 / 1,429 | 1,328 / 1,332 | 1,274 / 1,281 | 1,134 / 1,153 | 996 / 1,002 | - | - | - |
Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - |
Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -3.11% | 0.69% | 0.13% | -1.01% | -2.09% | -1.26% | 3.85% | 2.59% | 0.44% | -0.17% | 0.81% | -2.30% |
Benchmark | -1.31% | 0.46% | 1.75% | 0.57% | -3.70% | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% |
5.15% (April 2020)
-8.67% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | - | - | 2.30% | -1.48% | 7.94% | 0.08% | 5.08% | -4.06% | 0.60% |
Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
Quartile Ranking | - | - | - | 4 | 1 | 4 | 4 | 4 | 1 | 4 |
Category Rank | - | - | - | 956/ 984 | 260/ 1,127 | 1,214/ 1,233 | 1,297/ 1,316 | 1,325/ 1,400 | 50/ 1,539 | 1,656/ 1,658 |
7.94% (2019)
-4.06% (2022)
Name | Percent |
---|---|
US Equity | 32.61 |
Foreign Corporate Bonds | 23.33 |
Canadian Equity | 15.99 |
Foreign Government Bonds | 10.81 |
Cash and Equivalents | 9.87 |
Other | 7.39 |
Name | Percent |
---|---|
Fixed Income | 40.31 |
Financial Services | 9.07 |
Energy | 6.99 |
Exchange Traded Fund | 6.03 |
Healthcare | 5.42 |
Other | 32.18 |
Name | Percent |
---|---|
North America | 93.31 |
Europe | 3.61 |
Latin America | 1.37 |
Africa and Middle East | 0.46 |
Multi-National | 0.18 |
Other | 1.07 |
Name | Percent |
---|---|
Purpose Global Bond Fund ETF (BND) | 18.32 |
iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 14.42 |
iShares 20 Plus Year Treasury Bond ETF (TLT) | 7.29 |
Purpose Cash Management Fund ETF - Closed | 6.03 |
BMO Mid Corporate Bond Index ETF (ZCM) | 3.39 |
Exxon Mobil Corp | 1.22 |
Abbvie Inc | 1.07 |
Merck & Co Inc | 0.99 |
Manulife Financial Corp | 0.98 |
Procter & Gamble Co | 0.94 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
Standard Deviation | 5.94% | 7.07% | - |
---|---|---|---|
Beta | 0.53% | 0.67% | - |
Alpha | -0.02% | -0.03% | - |
Rsquared | 0.65% | 0.58% | - |
Sharpe | -0.53% | -0.17% | - |
Sortino | -0.75% | -0.40% | - |
Treynor | -0.06% | -0.02% | - |
Tax Efficiency | - | - | - |
Volatility | - |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 6.98% | 5.94% | 7.07% | - |
Beta | 0.73% | 0.53% | 0.67% | - |
Alpha | -0.08% | -0.02% | -0.03% | - |
Rsquared | 0.69% | 0.65% | 0.58% | - |
Sharpe | -0.89% | -0.53% | -0.17% | - |
Sortino | -0.85% | -0.75% | -0.40% | - |
Treynor | -0.08% | -0.06% | -0.02% | - |
Tax Efficiency | - | - | - | - |
Start Date | October 26, 2016 |
---|---|
Instrument Type | Mutual Fund |
Share Class | Commission Based Advice |
Legal Status | Corporation |
Sales Status | Open |
Currency | CAD |
Distribution Frequency | Monthly |
Assets ($mil) | - |
FundServ Code | Load Code | Sales Status |
---|---|---|
PFC2500 |
The fund seeks to provide (i) a moderate positive total return consisting of dividend income and capital appreciation, while trying to reduce portfolio volatility and (ii) monthly distributions, by investing in a broad range of asset classes which may include equities, fixed income, inflation sensitive securities and cash.
To achieve its investment objectives, the fund will use primarily rules-based portfolio selection strategies to invest in a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash, with the goal of generating income and achieving a moderate positive total return in diverse market environments while reducing portfolio volatility. The fund will, from time to time employ various investment strategies.
Name | Start Date |
---|---|
Neuberger Berman Breton Hill ULC | 10-26-2016 |
Purpose Investments Inc. | 10-26-2016 |
Fund Manager | Purpose Investments Inc. |
---|---|
Advisor | Purpose Investments Inc. |
Custodian | CIBC Mellon Trust Company |
Registrar | CIBC Mellon Global Securities Services |
Distributor | - |
Auditor | Ernst & Young LLP, Chartered Accountants |
RSP Eligible | Yes |
---|---|
PAC Allowed | Yes |
PAC Initial Investment | 5,000 |
PAC Subsequent | 100 |
SWP Allowed | Yes |
SWP Min Balance | 15,000 |
SWP Min Withdrawal | 100 |
MER | 1.83% |
---|---|
Management Fee | 1.55% |
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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