(As of 5/31/2024)

Purpose Canadian Preferred Share Fund Series A

(Preferred Share Fixed Income)
FundGrade A+® Rating recipient
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Inception Return
(10/22/2004)
5.75 %
YTD Return 14.87 %
NAVPS
(6/11/2024)
$8.43
Change $0.00 / 0.01 %
Growth of $10,000 (As of May 31, 2024)
MER 1.72 %
Assets ($mil) -
Rank (1Yr) 13/70
Std Dev (3Yr) 19.14 %
Volatility Ranking (3Yr) 6/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The fund seeks to provide a consistent stream of income with potential for capital appreciation by investing 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 March 31, 2024)
Sector Allocation
(As of March 31, 2024)
Geographic Allocation
(As of March 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Cenovus Energy Inc - Pfd Sr 3Canadian EquityEnergyCanada4.73%
Toronto-Dominion Bank - Pfd Cl B Sr 3Canadian EquityFinancial ServicesCanada4.57%
Royal Bank of Canada - Pfd Sr AZCanadian EquityFinancial ServicesCanada3.84%
TransAlta Corp - Pfd Sr ECanadian EquityUtilitiesCanada3.18%
Toronto-Dominion Bank - Pfd Cl A Sr 1Canadian EquityFinancial ServicesCanada3.09%
Canada Government 0.00% 06-Jun-2024Cash and EquivalentsCash and Cash EquivalentCanada3.09%
Canada Government 0.00% 20-Jun-2024Cash and EquivalentsCash and Cash EquivalentCanada2.93%
Bank of Montreal - Pfd Sr 27Canadian EquityFinancial ServicesCanada2.81%
Cenovus Energy Inc - Pfd Sr 1Canadian EquityEnergyCanada2.47%
AltaGas Ltd - Pfd Sr GCanadian EquityUtilitiesCanada2.39%

Performance Data (As of May 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 1.67 7.53 15.48 14.87 27.43 1.02 7.18 4.24
Benchmark 2.94 7.81 15.16 14.22 22.33 1.07 5.74 2.42
Quartile Ranking 4 2 2 2 1 4 2 2

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 7.95 -20.33 29.81 5.11 0.10 -14.36 12.15 10.45 7.07 5.54
Benchmark 5.90 -18.08 19.35 6.16 3.48 -7.93 13.62 6.98 -14.95 6.82
Quartile Ranking 1 4 1 3 4 4 3 1 1 4

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