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Purpose Premium Yield Fund - Series A
Misc - Inc&Real Property
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade A
Click for more information on Fundata’s ESG Grade.
|
NAVPS (05-13-2026) |
$14.59 |
|---|---|
| Change |
-$0.02
(-0.12%)
|
As at April 30, 2026
As at April 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (January 18, 2016): 3.43%
| 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 | 0.49% | 0.23% | 0.13% | -0.08% | 1.57% | 4.48% | 5.13% | 5.67% | 4.71% | 5.04% | 3.74% | 3.53% | 3.42% | 3.47% |
| 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 | 0.42% | 0.56% | 0.12% | 0.80% | 0.12% | -0.59% | -0.07% | 0.28% | -0.30% | -0.55% | 0.29% | 0.49% |
| 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
7.70% (April 2020)
Worst Monthly Return Since Inception
-8.66% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 2.73% | 0.95% | 5.89% | -2.63% | 3.77% | 4.10% | 7.30% | 6.23% | 4.40% |
| 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)
7.30% (2023)
Worst Calendar Return (Last 10 years)
-2.63% (2020)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 85.19 |
| US Equity | 13.50 |
| International Equity | 1.35 |
Sector Allocation
| Name | Percent |
|---|---|
| Exchange Traded Fund | 84.67 |
| Technology | 3.99 |
| Consumer Services | 2.87 |
| Financial Services | 2.49 |
| Healthcare | 2.12 |
| Other | 3.86 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 98.69 |
| Europe | 1.03 |
| Latin America | 0.32 |
Top Holdings
| Name | Percent |
|---|---|
| Purpose Cash Management Fund ETF - Closed | 84.67 |
| Procter & Gamble Co | 1.75 |
| Home Depot Inc | 1.49 |
| Visa Inc Cl A | 1.19 |
| Medtronic PLC | 1.03 |
| Microsoft Corp | 0.98 |
| Salesforce Inc | 0.97 |
| Booking Holdings Inc | 0.91 |
| ServiceNow Inc | 0.76 |
| Oracle Corp | 0.68 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Premium Yield Fund - Series A
Median
Other - Misc - Inc&Real Property
3 Yr Annualized
| Standard Deviation | 2.25% | 3.02% | 4.78% |
|---|---|---|---|
| Beta | 0.08 | 0.15 | 0.27 |
| Alpha | 0.03 | 0.02 | 0.00 |
| Rsquared | 0.16% | 0.41% | 0.55% |
| Sharpe | 0.62 | 0.59 | 0.34 |
| Sortino | 1.62 | 0.89 | 0.15 |
| Treynor | 0.18 | 0.12 | 0.06 |
| Tax Efficiency | 40.81% | 40.59% | - |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.52% | 2.25% | 3.02% | 4.78% |
| Beta | 0.00 | 0.08 | 0.15 | 0.27 |
| Alpha | 0.02 | 0.03 | 0.02 | 0.00 |
| Rsquared | 0.00% | 0.16% | 0.41% | 0.55% |
| Sharpe | -0.53 | 0.62 | 0.59 | 0.34 |
| Sortino | -1.07 | 1.62 | 0.89 | 0.15 |
| Treynor | 10.52 | 0.18 | 0.12 | 0.06 |
| Tax Efficiency | - | 40.81% | 40.59% | - |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | January 18, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $78 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2300 |
Investment Objectives
The fund seeks to provide shareholders with (i) high monthly income and (ii) long-term capital appreciation. The fund will achieve its investment objectives primarily by investing in the equity markets including by (i) writing cash covered put options to reduce the net cost of acquiring securities and receive premiums and (ii) directly investing in equity securities and writing call options on these securities to receive dividends and premiums.
Investment Strategy
To achieve its investment objectives, the fund uses primarily rules-based portfolio selection strategies to invest in a broad range of equity securities and cash in order to create value, generate income and reduce risk over the investment period. The fund also uses a broad range of derivative instruments in compliance with Canadian securities laws including options, futures contracts, warrants, forward contracts and swaps to enhance portfolio income, offer long-term capital appreciation.
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 | 5,000 |
| PAC Subsequent | 100 |
| SWP Allowed | Yes |
| SWP Min Balance | 15,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.81% |
|---|---|
| Management Fee | 1.60% |
| 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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