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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (02-23-2026) |
$17.14 |
|---|---|
| Change |
$0.05
(0.29%)
|
As at January 31, 2026
As at January 31, 2026
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Inception Return (September 06, 2013): 4.16%
| 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 | 3.18% | 4.76% | 9.84% | 3.18% | 13.35% | 11.70% | 7.97% | 6.23% | 6.44% | 5.62% | 5.80% | 4.88% | 4.45% | 5.17% |
| Benchmark | 1.04% | -0.46% | 6.37% | 1.04% | 8.61% | 14.04% | 12.14% | 7.56% | 6.69% | 7.09% | 7.87% | 7.18% | 7.63% | 7.18% |
| Category Average | 1.22% | 1.28% | 6.38% | 1.22% | 8.41% | 11.45% | 9.44% | 5.72% | 5.98% | 5.87% | 6.56% | 5.55% | 5.88% | 6.01% |
| Category Rank | 77 / 1,767 | 44 / 1,756 | 145 / 1,745 | 77 / 1,767 | 119 / 1,713 | 935 / 1,658 | 1,347 / 1,607 | 782 / 1,534 | 683 / 1,366 | 857 / 1,284 | 933 / 1,228 | 848 / 1,100 | 815 / 925 | 660 / 848 |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 3 | 4 | 3 | 2 | 3 | 4 | 4 | 4 | 4 |
| Return % | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.08% | 0.28% | -1.20% | 1.61% | 1.27% | 0.14% | 2.23% | 2.23% | 0.32% | 1.59% | -0.06% | 3.18% |
| Benchmark | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% |
5.76% (April 2020)
-10.01% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 10.11% | 2.29% | -5.06% | 10.11% | 2.22% | 8.60% | -3.69% | 4.61% | 7.01% | 12.57% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | 1 | 4 | 4 | 4 | 4 | 3 | 1 | 4 | 4 | 1 |
| Category Rank | 37/ 845 | 896/ 923 | 883/ 1,069 | 1,065/ 1,182 | 1,209/ 1,271 | 809/ 1,358 | 52/ 1,500 | 1,585/ 1,607 | 1,606/ 1,658 | 338/ 1,713 |
12.57% (2025)
-5.06% (2018)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 29.55 |
| Canadian Equity | 18.89 |
| US Equity | 18.00 |
| International Equity | 14.26 |
| Cash and Equivalents | 13.55 |
| Other | 5.75 |
| Name | Percent |
|---|---|
| Fixed Income | 32.67 |
| Financial Services | 10.21 |
| Basic Materials | 9.44 |
| Energy | 8.47 |
| Cash and Cash Equivalent | 8.44 |
| Other | 30.77 |
| Name | Percent |
|---|---|
| North America | 79.24 |
| Europe | 10.15 |
| Asia | 4.25 |
| Latin America | 2.37 |
| Africa and Middle East | 1.01 |
| Other | 2.98 |
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 22.71 |
| Purpose Global Bond Class ETF (IGB) | 12.99 |
| Purpose International Dividend Fund ETF (PID) | 8.16 |
| Cash and Cash Equivalents | 3.98 |
| Purpose Cash Management Fund ETF - Closed | 3.03 |
| Purpose Gold Bullion Fund ETF N-C Hgd (KILO.B) | 2.92 |
| Purpose Emerging Markets Dividend Fund ETF (REM) | 2.20 |
| Purpose Premium Yield Fund ETF (PYF) | 1.91 |
| Agnico Eagle Mines Ltd | 1.51 |
| Chevron Corp | 1.14 |
Purpose Monthly Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.07% | 6.67% | 6.82% |
|---|---|---|---|
| Beta | 0.66% | 0.62% | 0.62% |
| Alpha | 0.00% | 0.02% | 0.01% |
| Rsquared | 0.48% | 0.54% | 0.45% |
| Sharpe | 0.67% | 0.56% | 0.50% |
| Sortino | 1.30% | 0.77% | 0.46% |
| Treynor | 0.06% | 0.06% | 0.06% |
| Tax Efficiency | 70.13% | 63.73% | 55.01% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.21% | 6.07% | 6.67% | 6.82% |
| Beta | 0.40% | 0.66% | 0.62% | 0.62% |
| Alpha | 0.09% | 0.00% | 0.02% | 0.01% |
| Rsquared | 0.37% | 0.48% | 0.54% | 0.45% |
| Sharpe | 2.41% | 0.67% | 0.56% | 0.50% |
| Sortino | 6.50% | 1.30% | 0.77% | 0.46% |
| Treynor | 0.26% | 0.06% | 0.06% | 0.06% |
| Tax Efficiency | 82.19% | 70.13% | 63.73% | 55.01% |
| Start Date | September 06, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC200 |
The fund seeks to (i) maximize total return, consisting of dividend income and capital appreciation by tactically investing in a broad range of asset classes which may include equity, fixed income and inflation sensitive securities and cash; and (ii) provide shareholders with stable monthly distributions.
The fund is tactically managed across a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash based on a risk-parity weighting methodology, with the goal of achieving a positive total return in diverse market environments while reducing portfolio risk.
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Neuberger Berman Breton Hill ULC |
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
| 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 | 1.85% |
|---|---|
| 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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