Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
Purpose Real Estate Income Fund Series A
Real Estate Equity
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$17.92 |
|---|---|
| Change |
-$0.17
(-0.95%)
|
As at April 30, 2026
As at April 30, 2026
Loading......
Legend
Compare Options
Fund Returns
Inception Return (April 29, 2014): 3.61%
| 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 | 5.32% | 3.90% | 6.85% | 7.49% | 14.37% | 11.42% | 5.34% | -0.42% | 2.60% | 5.72% | 3.19% | 4.78% | 3.51% | 3.60% |
| Benchmark | 5.83% | 7.07% | 8.36% | 9.38% | 16.41% | 15.18% | 10.42% | 4.99% | 5.94% | 8.10% | 4.42% | 5.71% | 4.71% | 5.30% |
| Category Average | 6.60% | 5.38% | 7.17% | 8.29% | 13.07% | 11.80% | 6.84% | 1.78% | 3.11% | 5.61% | 3.38% | 4.45% | 4.01% | 4.45% |
| Category Rank | 149 / 152 | 140 / 152 | 74 / 152 | 105 / 152 | 44 / 151 | 95 / 145 | 120 / 140 | 127 / 138 | 99 / 129 | 66 / 123 | 72 / 121 | 49 / 107 | 74 / 101 | 80 / 99 |
| Quartile Ranking | 4 | 4 | 2 | 3 | 2 | 3 | 4 | 4 | 4 | 3 | 3 | 2 | 3 | 4 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.43% | 0.05% | -0.06% | 1.08% | 1.64% | -1.18% | -0.78% | 0.19% | 3.45% | 3.56% | -4.73% | 5.32% |
| Benchmark | 1.79% | -0.66% | 0.44% | 3.85% | 2.37% | -0.49% | 2.55% | -3.40% | 2.15% | 7.41% | -5.81% | 5.83% |
Best Monthly Return Since Inception
9.25% (January 2023)
Worst Monthly Return Since Inception
-20.67% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 12.86% | -3.78% | 0.07% | 22.25% | -8.91% | 36.12% | -22.06% | 2.44% | 2.41% | 6.36% |
| Benchmark | 1.59% | 1.40% | 2.74% | 15.42% | -11.04% | 30.68% | -19.44% | 10.39% | 10.11% | 4.74% |
| Category Average | 1.20% | 5.38% | 0.16% | 19.52% | -6.93% | 27.77% | -21.53% | 6.48% | 5.17% | 4.31% |
| Quartile Ranking | 1 | 4 | 3 | 1 | 4 | 1 | 3 | 4 | 4 | 1 |
| Category Rank | 12/ 99 | 100/ 101 | 76/ 105 | 21/ 113 | 105/ 123 | 6/ 129 | 67/ 129 | 129/ 140 | 130/ 145 | 24/ 147 |
Best Calendar Return (Last 10 years)
36.12% (2021)
Worst Calendar Return (Last 10 years)
-22.06% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Income Trust Units | 58.73 |
| US Equity | 26.23 |
| Canadian Equity | 14.08 |
| Cash and Equivalents | 0.81 |
| Other | 0.15 |
Sector Allocation
| Name | Percent |
|---|---|
| Real Estate | 87.67 |
| Healthcare | 8.13 |
| Industrial Services | 0.76 |
| Cash and Cash Equivalent | 0.64 |
| Exchange Traded Fund | 0.17 |
| Other | 2.63 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 98.27 |
| Asia | 1.58 |
| Multi-National | 0.15 |
Top Holdings
| Name | Percent |
|---|---|
| Flagship Communities REIT - Units | 5.83 |
| Granite REIT - Units | 5.22 |
| BSR REIT - Units | 5.05 |
| Dream Industrial REIT - Units | 4.78 |
| Killam Apartment REIT - Units Cl A | 4.29 |
| Prologis Inc | 4.17 |
| Chartwell Retirement Residences - Units | 4.15 |
| Canadian Apartment Properties REIT - Units | 4.05 |
| Sienna Senior Living Inc | 3.98 |
| H&R REIT - Units | 3.16 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Real Estate Income Fund Series A
Median
Other - Real Estate Equity
3 Yr Annualized
| Standard Deviation | 13.01% | 15.01% | 14.46% |
|---|---|---|---|
| Beta | 0.81 | 0.90 | 0.90 |
| Alpha | -0.03 | -0.03 | -0.01 |
| Rsquared | 0.73% | 0.81% | 0.81% |
| Sharpe | 0.18 | 0.05 | 0.19 |
| Sortino | 0.35 | 0.06 | 0.15 |
| Treynor | 0.03 | 0.01 | 0.03 |
| Tax Efficiency | 64.30% | 29.27% | 49.73% |
| Volatility |
|
|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 10.15% | 13.01% | 15.01% | 14.46% |
| Beta | 0.60 | 0.81 | 0.90 | 0.90 |
| Alpha | 0.04 | -0.03 | -0.03 | -0.01 |
| Rsquared | 0.57% | 0.73% | 0.81% | 0.81% |
| Sharpe | 1.14 | 0.18 | 0.05 | 0.19 |
| Sortino | 2.07 | 0.35 | 0.06 | 0.15 |
| Treynor | 0.19 | 0.03 | 0.01 | 0.03 |
| Tax Efficiency | 86.32% | 64.30% | 29.27% | 49.73% |
Fund Details
| Start Date | April 29, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $0 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC800 |
Investment Objectives
The fund seeks to (i) provide shareholders with long-term capital appreciation by investing in a portfolio of real estate focused equity securities listed on major North American exchanges and (ii) reduce the risk of rising interest rates associated with real estate equity securities by tactically hedging the duration of the portfolio.
Investment Strategy
The fund uses an active, fundamental approach to investing in real estate equities. The fund will also employ technical analysis to assist in security selection drawing on macroeconomic factors and trends in addition to company-specific growth, equity and value factors. The fund may invest in underlying funds to achieve its investment objectives.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Global Securities Services Company |
| Distributor |
- |
Investment Minimums
| 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 |
Fees
| MER | 1.94% |
|---|---|
| Management Fee | 1.65% |
| 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) | - |
Try Fund Library Premium
Free with a 30 day trial!
Gain access to
- Unlimited Watchlists
- Advanced Search Filtering
- Fund Comparisons
- Portfolio Scenarios
- Customizable PDF Reports
- Portfolio Rebalancer new
