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Purpose Premium Yield Fund - Series A Non Currency Hedged Shares
Misc - Inc&Real Property
|
NAVPS (05-13-2026) |
$24.20 |
|---|---|
| Change |
-$0.06
(-0.26%)
|
As at April 30, 2026
As at April 30, 2026
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Fund Returns
Inception Return (November 29, 2018): 4.77%
| 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 | -0.09% | 0.76% | -2.98% | -1.66% | 1.86% | 3.39% | 5.72% | 7.26% | 6.21% | 5.42% | 4.57% | - | - | - |
| 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 | -0.18% | 0.31% | 1.98% | 0.63% | 1.66% | 0.50% | -0.34% | -1.01% | -2.40% | -0.46% | 1.32% | -0.09% |
| 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
4.79% (April 2020)
Worst Monthly Return Since Inception
-5.20% (April 2025)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 2.30% | 0.34% | 5.37% | 3.09% | 8.83% | 17.08% | -1.10% |
| 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)
17.08% (2024)
Worst Calendar Return (Last 10 years)
-1.10% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 74.93 |
| US Equity | 22.54 |
| International Equity | 2.40 |
| Foreign Government Bonds | 0.10 |
| Other | 0.03 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 74.93 |
| Technology | 7.76 |
| Financial Services | 3.87 |
| Healthcare | 3.02 |
| Consumer Services | 2.67 |
| Other | 7.75 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 97.57 |
| Europe | 1.71 |
| Latin America | 0.57 |
| Asia | 0.09 |
| Other | 0.06 |
Top Holdings
| Name | Percent |
|---|---|
| Purpose USD Cash Management Fund Class A | 74.68 |
| General Electric Co | 2.19 |
| T-Mobile US Inc | 2.09 |
| Eli Lilly and Co | 1.58 |
| Visa Inc Cl A | 1.46 |
| Wells Fargo & Co | 1.41 |
| Medtronic PLC | 1.35 |
| Palantir Technologies Inc Cl A | 1.24 |
| Uber Technologies Inc | 1.24 |
| Home Depot Inc | 1.17 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Premium Yield Fund - Series A Non Currency Hedged Shares
Median
Other - Misc - Inc&Real Property
3 Yr Annualized
| Standard Deviation | 6.14% | 6.26% | - |
|---|---|---|---|
| Beta | 0.10 | 0.18 | - |
| Alpha | 0.04 | 0.03 | - |
| Rsquared | 0.03% | 0.13% | - |
| Sharpe | 0.35 | 0.54 | - |
| Sortino | 0.63 | 0.77 | - |
| Treynor | 0.21 | 0.19 | - |
| Tax Efficiency | 48.64% | 58.64% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.18% | 6.14% | 6.26% | - |
| Beta | -0.04 | 0.10 | 0.18 | - |
| Alpha | 0.03 | 0.04 | 0.03 | - |
| Rsquared | 0.01% | 0.03% | 0.13% | - |
| Sharpe | -0.11 | 0.35 | 0.54 | - |
| Sortino | -0.34 | 0.63 | 0.77 | - |
| Treynor | 0.12 | 0.21 | 0.19 | - |
| Tax Efficiency | - | 48.64% | 58.64% | - |
Fund Details
| Start Date | November 29, 2018 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $5 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC2370 |
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 | 1.86% |
|---|---|
| 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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