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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (04-24-2026) |
$18.13 |
|---|---|
| Change |
-$0.04
(-0.22%)
|
As at March 31, 2026
As at March 31, 2026
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Inception Return (October 26, 2016): 2.28%
| 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 | -2.76% | 1.58% | 1.33% | 1.58% | 3.72% | 4.68% | 3.68% | 2.34% | 2.02% | 3.92% | 2.09% | 2.66% | 2.10% | - |
| Benchmark | -3.32% | -0.31% | -0.10% | -0.31% | 9.45% | 10.57% | 11.17% | 8.29% | 6.50% | 7.93% | 7.03% | 6.79% | 6.91% | 7.25% |
| Category Average | -3.50% | -0.09% | 0.96% | -0.09% | 8.98% | 8.53% | 9.07% | 5.89% | 5.31% | 7.96% | 5.85% | 5.58% | 5.40% | 5.77% |
| Category Rank | 336 / 1,776 | 363 / 1,760 | 810 / 1,744 | 363 / 1,760 | 1,578 / 1,711 | 1,557 / 1,654 | 1,588 / 1,606 | 1,540 / 1,550 | 1,339 / 1,365 | 1,278 / 1,284 | 1,234 / 1,234 | 1,109 / 1,109 | 927 / 927 | - |
| Quartile Ranking | 1 | 1 | 2 | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.29% | 0.54% | 0.44% | -0.55% | 1.98% | 1.25% | -0.93% | 1.32% | -0.61% | 1.61% | 2.81% | -2.76% |
| Benchmark | -2.19% | 2.47% | 2.53% | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% |
5.15% (April 2020)
-8.67% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | 2.30% | -1.48% | 7.94% | 0.08% | 5.08% | -4.06% | 0.60% | 3.44% | 5.41% |
| 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 | - | 4 | 1 | 4 | 4 | 4 | 1 | 4 | 4 | 4 |
| Category Rank | - | 894/ 922 | 248/ 1,068 | 1,168/ 1,181 | 1,258/ 1,270 | 1,302/ 1,357 | 54/ 1,499 | 1,606/ 1,606 | 1,640/ 1,654 | 1,599/ 1,709 |
7.94% (2019)
-4.06% (2022)
| Name | Percent |
|---|---|
| US Equity | 31.39 |
| Foreign Corporate Bonds | 29.85 |
| Canadian Equity | 17.20 |
| Cash and Equivalents | 10.35 |
| Foreign Government Bonds | 6.41 |
| Other | 4.80 |
| Name | Percent |
|---|---|
| Fixed Income | 40.41 |
| Financial Services | 10.36 |
| Cash and Cash Equivalent | 9.51 |
| Energy | 6.80 |
| Technology | 5.59 |
| Other | 27.33 |
| Name | Percent |
|---|---|
| North America | 92.41 |
| Europe | 3.47 |
| Africa and Middle East | 2.02 |
| Latin America | 1.84 |
| Asia | 0.13 |
| Other | 0.13 |
| Name | Percent |
|---|---|
| Purpose Global Bond Class ETF (IGB) | 22.32 |
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 16.83 |
| United States Dollar | 4.07 |
| iShares 20 Plus Year Treasury Bond ETF (TLT) | 4.02 |
| BMO Mid Corporate Bond Index ETF (ZCM) | 1.74 |
| Toronto-Dominion Bank | 1.16 |
| Agnico Eagle Mines Ltd | 1.13 |
| Canadian Imperial Bank of Commerce | 1.01 |
| Exxon Mobil Corp | 0.94 |
| Royal Bank of Canada | 0.91 |
Purpose Conservative Income Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.11% | 5.84% | - |
|---|---|---|---|
| Beta | 0.62 | 0.53 | - |
| Alpha | -0.03 | -0.01 | - |
| Rsquared | 0.48% | 0.55% | - |
| Sharpe | 0.02 | -0.11 | - |
| Sortino | 0.19 | -0.19 | - |
| Treynor | 0.00 | -0.01 | - |
| Tax Efficiency | 58.88% | 27.91% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.51% | 6.11% | 5.84% | - |
| Beta | 0.51 | 0.62 | 0.53 | - |
| Alpha | -0.01 | -0.03 | -0.01 | - |
| Rsquared | 0.44% | 0.48% | 0.55% | - |
| Sharpe | 0.25 | 0.02 | -0.11 | - |
| Sortino | 0.21 | 0.19 | -0.19 | - |
| Treynor | 0.03 | 0.00 | -0.01 | - |
| Tax Efficiency | 59.80% | 58.88% | 27.91% | - |
| Start Date | October 26, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2500 |
The fund seeks to provide (i) a moderate positive total return consisting of dividend income and capital appreciation, while trying to reduce portfolio volatility and (ii) monthly distributions, by investing in a broad range of asset classes which may include equities, fixed income, inflation sensitive securities and cash.
To achieve its investment objectives, the fund will use primarily rules-based portfolio selection strategies to invest in a broad range of asset classes including equities, fixed income, inflation sensitive securities and cash, with the goal of generating income and achieving a moderate positive total return in diverse market environments while reducing portfolio volatility. The fund will, from time to time employ various investment strategies.
| 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 |
| 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 | 1.98% |
|---|---|
| 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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