Inception Return
(10/27/2014)
|
7.59 %
|
|
YTD Return
|
11.98 %
|
|
NAVPS
(5/29/2023)
|
$38.09
|
|
Change
|
($0.08) / -0.21 %
|
|
|
Growth of $10,000
(As of April 30, 2023)
|
|
MER
|
0.74 %
|
|
Assets ($mil)
|
-
|
|
Rank (1Yr)
|
88/164
|
|
Std Dev (3Yr)
|
18.17 %
|
|
Volatility Ranking (3Yr)
|
10/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
No Load
|
|
Max Front End
|
-
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
The Purpose Best Ideas Fund seeks to provide shareholders with attractive long-term capital appreciation by investing in a portfolio of North American equities considered to be high conviction securities across a group of some of the world's most renowned investment managers. The group of investment managers is selected by the Manager and the Investment Advisor.
|
Fund Manager
Purpose Investments Inc.
Portfolio Manager
Purpose Investments Inc.
Sub-Advisor
Neuberger Berman Breton Hill ULC
|
|
Asset Allocation
(As of April 30, 2023)
|
Sector Allocation
(As of April 30, 2023)
|
Geographic Allocation
(As of April 30, 2023)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Meta Platforms Inc Cl A | US Equity | Technology | United States | 4.64% |
| Microsoft Corp | US Equity | Technology | United States | 3.92% |
| Salesforce Inc | US Equity | Technology | United States | 3.89% |
| Alphabet Inc Cl A | US Equity | Technology | United States | 3.81% |
| Apple Inc | US Equity | Technology | United States | 3.64% |
| Amazon.com Inc | US Equity | Consumer Services | United States | 3.60% |
| Mercadolibre Inc | International Equity | Technology | Latin America | 3.46% |
| Coca-Cola Co | US Equity | Consumer Goods | United States | 3.43% |
| Booking Holdings Inc | US Equity | Consumer Services | United States | 3.42% |
| Visa Inc Cl A | US Equity | Financial Services | United States | 3.38% |
Performance Data
(As of April 30, 2023)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
1.23
|
3.04
|
10.73
|
11.98
|
2.71
|
1.25
|
4.97
|
-
|
|
Benchmark
|
1.08
|
1.00
|
6.67
|
7.14
|
4.47
|
13.96
|
10.67
|
11.93
|
|
Quartile Ranking
|
3
|
2
|
1
|
1
|
3
|
4
|
4
|
-
|
|
Calendar Return (%)
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
|
Fund
|
-33.72
|
9.83
|
25.85
|
27.10
|
-0.23
|
17.43
|
-3.97
|
15.24
|
-
|
-
|
|
Benchmark
|
-9.17
|
26.72
|
10.91
|
24.09
|
-2.58
|
11.54
|
14.85
|
5.50
|
17.31
|
26.78
|
|
Quartile Ranking
|
4
|
4
|
1
|
1
|
1
|
1
|
4
|
1
|
-
|
-
|