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Purpose Enhanced Premium Yield Fund A
Misc - Inc&Real Property
|
NAVPS (05-13-2026) |
$3.99 |
|---|---|
| Change |
-$0.01
(-0.24%)
|
As at April 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (November 03, 2014): 0.14%
| 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 | 3.10% | 1.30% | 0.58% | 0.10% | 7.32% | 8.05% | 8.86% | 8.53% | 6.27% | 7.60% | 6.22% | 5.69% | 2.33% | 3.46% |
| Benchmark | 3.81% | 7.00% | 13.54% | 7.89% | 40.10% | 28.50% | 21.54% | 16.52% | 15.51% | 18.30% | 14.14% | 13.56% | 12.35% | 12.61% |
| Category Average | 0.90% | 1.31% | 1.95% | 1.97% | 5.64% | 4.23% | 3.56% | 2.89% | 3.65% | 4.52% | 3.73% | 3.84% | 3.66% | 3.74% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.39% | 2.00% | 0.58% | 1.71% | 0.13% | -0.25% | -0.08% | 0.55% | -1.18% | -0.56% | -1.19% | 3.10% |
| Benchmark | 5.56% | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% |
Best Monthly Return Since Inception
13.16% (January 2019)
Worst Monthly Return Since Inception
-13.59% (September 2015)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 20.18% | -13.99% | -18.86% | 22.78% | 2.54% | 7.71% | -3.96% | 12.73% | 10.57% | 9.12% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | 1.46% | 4.39% | 0.91% | 7.57% | 1.50% | 10.36% | -0.98% | 2.53% | 4.40% | 3.23% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
Best Calendar Return (Last 10 years)
22.78% (2019)
Worst Calendar Return (Last 10 years)
-18.86% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 61.84 |
| US Equity | 29.07 |
| International Equity | 8.05 |
| Foreign Government Bonds | 0.99 |
| Other | 0.05 |
Sector Allocation
| Name | Percent |
|---|---|
| Exchange Traded Fund | 53.54 |
| Technology | 14.21 |
| Cash and Cash Equivalent | 8.30 |
| Financial Services | 6.35 |
| Healthcare | 5.17 |
| Other | 12.43 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 91.90 |
| Europe | 4.35 |
| Asia | 3.35 |
| Latin America | 0.26 |
| Africa and Middle East | 0.08 |
| Other | 0.06 |
Top Holdings
| Name | Percent |
|---|---|
| Purpose Cash Management Fund ETF - Closed | 53.54 |
| United States Dollar | 6.65 |
| Microsoft Corp | 1.86 |
| T-Mobile US Inc | 1.85 |
| Apple Inc | 1.84 |
| Eli Lilly and Co | 1.78 |
| Home Depot Inc | 1.75 |
| Visa Inc Cl A | 1.75 |
| Medtronic PLC | 1.73 |
| Wells Fargo & Co | 1.72 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Enhanced Premium Yield Fund A
Median
Other - Misc - Inc&Real Property
3 Yr Annualized
| Standard Deviation | 5.82% | 7.57% | 11.89% |
|---|---|---|---|
| Beta | 0.35 | 0.48 | 0.56 |
| Alpha | 0.02 | -0.01 | -0.03 |
| Rsquared | 0.48% | 0.64% | 0.37% |
| Sharpe | 0.87 | 0.46 | 0.19 |
| Sortino | 1.82 | 0.68 | 0.13 |
| Treynor | 0.14 | 0.07 | 0.04 |
| Tax Efficiency | 58.14% | 43.94% | - |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.87% | 5.82% | 7.57% | 11.89% |
| Beta | 0.19 | 0.35 | 0.48 | 0.56 |
| Alpha | 0.01 | 0.02 | -0.01 | -0.03 |
| Rsquared | 0.18% | 0.48% | 0.64% | 0.37% |
| Sharpe | 0.99 | 0.87 | 0.46 | 0.19 |
| Sortino | 1.85 | 1.82 | 0.68 | 0.13 |
| Treynor | 0.25 | 0.14 | 0.07 | 0.04 |
| Tax Efficiency | 49.92% | 58.14% | 43.94% | - |
Fund Details
| Start Date | November 03, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $10 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC4404 |
Investment Objectives
The fund seeks to provide shareholders with long-term capital appreciation and high monthly income by investing in equity markets including by (a) writing cash covered put options to receive premiums and reduce the net cost of acquiring securities and (b) directly investing in equity securities and writing call options on these securities to receive dividends and premiums. The fundamental investment objective of the fund cannot be changed without the approval of the fund’s shareholders
Investment Strategy
To achieve its investment objectives, the fund will use various portfolio selection strategies to invest in (a) a broad range of equity securities and cash in order to create long term value, generate regular income and reduce risk over the investment period and (b) a broad range of derivative instruments in compliance with Canadian securities laws to enhance portfolio income, offer long-term capital appreciation and preserve capital.
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc. |
|---|---|
| Sub-Advisor |
Neuberger Berman Breton Hill ULC |
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 | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 100 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.80% |
|---|---|
| Management Fee | 1.50% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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