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Purpose Cash Management Class A Units
Canadian Money Market
|
NAVPS (08-19-2026) |
$10.00 |
|---|---|
| Change |
$0.00
(0.01%)
|
As at July 31, 2026
As at July 31, 2026
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Fund Returns
Inception Return (September 14, 2022): 3.66%
| 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 | 0.18% | 0.54% | 1.06% | 1.24% | 2.26% | 2.82% | 3.50% | - | - | - | - | - | - | - |
| Benchmark | 0.19% | 0.56% | 1.12% | 1.30% | 2.31% | 2.78% | 3.50% | 3.64% | 3.02% | 2.53% | 2.33% | 2.25% | 2.11% | 1.95% |
| Category Average | 0.16% | 0.41% | 0.83% | 0.99% | 1.84% | 2.40% | 3.05% | 3.10% | 2.49% | 2.06% | 1.89% | 1.79% | 1.65% | 1.51% |
| Category Rank | 112 / 274 | 121 / 272 | 106 / 272 | 105 / 272 | 99 / 270 | 80 / 259 | 87 / 245 | - | - | - | - | - | - | - |
| Quartile Ranking | 2 | 2 | 2 | 2 | 2 | 2 | 2 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.19% | 0.21% | 0.21% | 0.18% | 0.21% | 0.18% | 0.17% | 0.19% | 0.17% | 0.17% | 0.19% | 0.18% |
| Benchmark | 0.22% | 0.22% | 0.20% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.19% | 0.19% | 0.19% | 0.19% |
Best Monthly Return Since Inception
0.44% (January 2024)
Worst Monthly Return Since Inception
0.14% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 4.65% | 4.57% | 2.68% |
| Benchmark | 0.50% | 0.65% | 1.34% | 1.66% | 0.56% | 0.11% | 1.95% | 4.71% | 4.47% | 2.64% |
| Category Average | 0.24% | 0.35% | 0.69% | 1.20% | 0.45% | -0.11% | 1.13% | 4.06% | 4.01% | 2.32% |
| Quartile Ranking | - | - | - | - | - | - | - | 2 | 2 | 2 |
| Category Rank | - | - | - | - | - | - | - | 84/ 225 | 80/ 248 | 77/ 262 |
Best Calendar Return (Last 10 years)
4.65% (2023)
Worst Calendar Return (Last 10 years)
2.68% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| Cash and Equivalents | 96.55 |
| Canadian Bonds - Other | 1.63 |
| Canadian Corporate Bonds | 1.24 |
| Canadian Government Bonds | 0.58 |
Sector Allocation
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 96.55 |
| Fixed Income | 3.45 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Banner Trust 2.70% 05-Feb-2027 | 1.64 |
| Merit Trust 2.70% 05-Feb-2027 | 1.64 |
| Royal Bank of Canada 2.66% 12-Nov-2026 | 1.64 |
| Royal Bank of 2.68% 10-Mar-2027 | 1.64 |
| Rideau Trail Funding Trust 2.72% 21-Jul-2027 | 1.63 |
| Elgin Trail Funding | 1.61 |
| Bank of Nova Scotia/The 2.66% 05-Feb-2027 | 1.48 |
| Bank of Montreal 2.65% 21-Jan-2027 | 1.39 |
| Prime Trust | 1.20 |
| Cu Inc | 1.05 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Purpose Cash Management Class A Units
Median
Other - Canadian Money Market
3 Yr Annualized
| Standard Deviation | 0.33% | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | 3.26 | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.05% | 0.33% | - | - |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | -3.38 | 3.26 | - | - |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
Fund Details
| Start Date | September 14, 2022 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $396 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC7900 |
Investment Objectives
The fund seeks to earn a high rate of income, while at the same time preserving capital and maintaining liquidity, by investing primarily in high-quality debt securities, generally maturing in not more than one year.
Investment Strategy
To achieve its investment objectives the fund intends to have a significant proportion of its portfolio invested in high-quality short term corporate debt instruments.
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 | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.48% |
|---|---|
| Management Fee | 0.50% |
| Load | Back Fee Only |
| FE Max | 2.50% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.25% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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