(As of 10/31/2023)

Purpose Canadian Preferred Share Fund Series A

(Preferred Share Fixed Income)
FundGrade A+® Rating recipient
For more information about FundGrade click here






Inception Return
(10/22/2004) 		4.66 %
YTD Return -1.36 %
NAVPS
(11/24/2023) 		$7.61
Change $0.04 / 0.46 %
Growth of $10,000 (As of October 31, 2023)
MER 1.75 %
Assets ($mil) -
Rank (1Yr) 42/70
Std Dev (3Yr) 19.14 %
Volatility Ranking (3Yr) 7/10
RRSP Eligibility Yes
Load Front Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The investment objective of the fund is to provide a consistent stream of income with the potential for capital appreciation by investing primarily in Canadian income producing securities and Canadian equities.
Fund Manager

Purpose Investments Inc.

Portfolio Manager

Purpose Investments Inc.

Sub-Advisor

Purpose Investment Partners Inc.

 
Asset Allocation
(As of April 30, 2023)
Sector Allocation
(As of April 30, 2023)
Geographic Allocation
(As of April 30, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
Canadian Invmt Grade Pfd Sh Fd (P2L) T (RIGP.UN)Canadian EquityMutual FundCanada4.78%
Toronto-Dominion Bank - Pfd Cl B Sr 3Canadian EquityFinancial ServicesCanada4.68%
Royal Bank of Canada - Pfd Sr AZCanadian EquityFinancial ServicesCanada4.03%
TransAlta Corp - Pfd Sr ECanadian EquityUtilitiesCanada3.34%
ECN Capital Corp - Pfd Sr CCanadian EquityFinancial ServicesCanada2.76%
AltaGas Ltd - Pfd Sr ECanadian EquityUtilitiesCanada2.61%
Toronto-Dominion Bank - Pfd Cl A Sr 5Canadian EquityFinancial ServicesCanada2.58%
Pembina Pipeline Corp - Pfd Cl A Sr 3Canadian EquityEnergyCanada2.54%
Brookfield Corp - PfdCanadian EquityFinancial ServicesCanada2.52%
TC Energy Corp - Pfd Sr 9Canadian EquityEnergyCanada2.29%

Performance Data (As of October 31, 2023)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -1.99 -3.56 -2.43 -1.36 -5.38 4.90 -1.22 3.02
Benchmark -2.80 -5.55 -6.42 -4.04 -6.32 0.35 -0.94 0.44
Quartile Ranking 1 1 1 1 3 1 4 1

Calendar Return (%) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund -20.33 29.81 5.11 0.10 -14.36 12.15 10.45 7.07 5.54 9.76
Benchmark -18.08 19.35 6.16 3.48 -7.93 13.62 6.98 -14.95 6.82 -2.64
Quartile Ranking 4 1 3 4 4 3 1 1 4 1

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