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Global Fixed Inc Balanced
|
NAVPS (06-13-2025) |
$22.97 |
|---|---|
| Change |
-$0.11
(-0.46%)
|
As at May 31, 2025
As at May 31, 2025
Inception Return (October 24, 2023): 12.99%
| 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 | 1.66% | 0.93% | 2.50% | 3.91% | 9.79% | - | - | - | - | - | - | - | - | - |
| Benchmark | 0.54% | -1.78% | 0.94% | 0.74% | 9.96% | 7.76% | 6.51% | 2.72% | 1.77% | 2.85% | 3.39% | 2.98% | 3.53% | 3.98% |
| Category Average | 1.52% | -0.50% | 0.70% | 1.79% | 7.84% | 7.64% | 5.02% | 2.22% | 3.69% | 3.53% | 3.44% | 3.12% | 3.50% | 3.11% |
| Category Rank | 392 / 994 | 3 / 985 | 14 / 984 | 3 / 984 | 83 / 968 | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 1 | 1 | 1 | 1 | - | - | - | - | - | - | - | - | - |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.15% | 2.97% | 0.86% | 1.56% | -0.33% | 2.03% | -1.36% | 2.09% | 0.85% | 0.03% | -0.76% | 1.66% |
| Benchmark | 1.45% | 3.61% | -0.15% | 2.06% | -0.11% | 1.82% | 0.19% | 1.92% | 0.64% | -0.65% | -1.67% | 0.54% |
3.94% (November 2023)
-1.36% (December 2024)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 9.70% |
| Benchmark | 16.91% | 0.39% | 3.81% | 5.53% | 6.30% | 9.09% | -0.49% | -11.13% | 6.74% | 11.56% |
| Category Average | 1.21% | 4.39% | 5.49% | -2.85% | 9.97% | 7.08% | 4.51% | -11.10% | 7.71% | 8.38% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | 2 |
| Category Rank | - | - | - | - | - | - | - | - | - | 342/ 958 |
9.70% (2024)
9.70% (2024)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 14.74 |
| Canadian Government Bonds | 14.31 |
| Cash and Equivalents | 13.16 |
| International Equity | 12.86 |
| Canadian Equity | 12.22 |
| Other | 32.71 |
| Name | Percent |
|---|---|
| Fixed Income | 47.03 |
| Exchange Traded Fund | 14.57 |
| Financial Services | 8.38 |
| Technology | 3.50 |
| Consumer Goods | 2.99 |
| Other | 23.53 |
| Name | Percent |
|---|---|
| North America | 78.11 |
| Europe | 9.74 |
| Multi-National | 4.34 |
| Asia | 3.79 |
| Latin America | 0.46 |
| Other | 3.56 |
| Name | Percent |
|---|---|
| BMO Aggregate Bond Index ETF (ZAG) | 14.42 |
| iShares Core Canadian Corp Bond Index ETF (XCB) | 10.07 |
| Purpose Core Equity Income Fund ETF (RDE) | 7.13 |
| Purpose Cash Management Fund ETF - Closed | 6.84 |
| Purpose International Dividend Fund ETF (PID) | 6.57 |
| Purpose Global Bond Fund ETF (BND) | 6.41 |
| iShares Core MSCI EAFE ETF (IEFA) | 6.08 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 5.73 |
| Invesco S&P 500 Equal Weight Index ETF C$H (EQL.F) | 5.44 |
| BMO Mid-Term U.S. IG Corp Bond Hedged to CAD (ZMU) | 4.99 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.56% | - | - | - |
| Beta | 0.72% | - | - | - |
| Alpha | 0.03% | - | - | - |
| Rsquared | 0.61% | - | - | - |
| Sharpe | 1.30% | - | - | - |
| Sortino | 3.18% | - | - | - |
| Treynor | 0.08% | - | - | - |
| Tax Efficiency | - | - | - | - |
| 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) | $1 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC22000 |
The fund seeks to provide unitholders with a combination of income and moderate 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.
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 |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
- |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| 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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