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Purpose Credit Opportunities Class Series A
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$20.12 |
|---|---|
| Change |
$0.01
(0.03%)
|
As at April 30, 2026
No data available
Fund Returns
Inception Return (February 04, 2026): 1.22%
| 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 | 1.47% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 0.06% | -0.26% | -0.74% | 0.36% | 1.56% | 5.13% | 3.07% | 2.76% | 0.70% | 0.18% | 1.34% | 1.91% | 1.59% | 1.73% |
| Category Average | 0.80% | 0.58% | 1.70% | 1.30% | 6.26% | 6.47% | 6.27% | 5.32% | 3.62% | 5.20% | 4.26% | - | - | - |
| Category Rank | 25 / 149 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - | -0.54% | 1.47% |
| Benchmark | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% |
Best Monthly Return Since Inception
1.47% (April 2026)
Worst Monthly Return Since Inception
-0.54% (March 2026)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
Best Calendar Return (Last 10 years)
-
Worst Calendar Return (Last 10 years)
-
Asset Allocation
Sector Allocation
Geographic Allocation
Top Holdings
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
3 Yr Annualized
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | - | - | - | - |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | - | - | - | - |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
Fund Details
| Start Date | February 04, 2026 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Corporation |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| PFC4806 |
Investment Objectives
The fund seeks to maximize total returns for shareholders, consisting of both distributions and capital appreciation. The fund obtains exposure, directly and/or indirectly, primarily to debt and equity securities of non-investment grade rated, publicly traded issuers. The aggregate gross exposure of the fund shall not exceed the limits on the use of leverage described below under Investment strategies or as otherwise permitted under applicable securities legislation.
Investment Strategy
To achieve its investment objectives, the fund obtains exposure, directly and/or indirectly, primarily to debt and equity securities of non-investment grade rated, publicly traded issuers, using the investment strategies described below. The fund uses corporate credit investment and leveraged company strategies designed to maximize risk- adjusted returns and preserve capital in each phase of the credit cycle. Over the course of a credit cycle, the goal is to generate returns commensurate with th
Portfolio Management
| Portfolio Manager |
Purpose Investments Inc.
|
|---|---|
| Sub-Advisor |
Purpose Investment Partners Inc.
|
Management and Organization
| Fund Manager |
Purpose Investments Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
CIBC Mellon Trust Company |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | - |
|---|---|
| Management Fee | 2.00% |
| 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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