Inception Return
(11/17/2015)
|
5.08 %
|
|
YTD Return
|
8.51 %
|
|
NAVPS
(9/6/2024)
|
$14.58
|
|
Change
|
($0.05) / -0.36 %
|
|
|
Growth of $10,000
(As of July 31, 2024)
|
|
MER
|
2.04 %
|
|
Assets ($mil)
|
-
|
|
Rank (1Yr)
|
217/334
|
|
Std Dev (3Yr)
|
7.13 %
|
|
Volatility Ranking (3Yr)
|
3/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Back Fee Only
|
|
Max Front End
|
5.00 %
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
The fund seeks to provide long-term capital appreciation with lower volatility and correlation to the overall equity markets by investing in ETFs that are listed on North American exchanges and that represent North American equities, bonds and cash, using a tactical approach. The fund’s tactical investment approach can allocate the portfolio to equities, bonds and cash to achieve its objectives.
|
Fund Manager
Purpose Investments Inc.
Portfolio Manager
Purpose Investments Inc.
Sub-Advisor
Data not available
|
|
Asset Allocation
(As of July 31, 2024)
|
Sector Allocation
(As of July 31, 2024)
|
Geographic Allocation
(As of July 31, 2024)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| iShares Core S&P/TSX Capped Composit Idx ETF (XIC) | Canadian Equity | Exchange Traded Fund | Canada | 55.73% |
| Vanguard Short-Term Bond Index ETF (BSV) | Foreign Bonds | Exchange Traded Fund | United States | 25.41% |
| Vanguard Total Stock Market Index ETF (VTI) | US Equity | Exchange Traded Fund | United States | 15.27% |
| Vanguard Canadian Short-Term Bond Index ETF (VSB) | Domestic Bonds | Fixed Income | Canada | 1.88% |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | Canada | 0.67% |
| United States Dollar | Cash and Equivalents | Cash and Cash Equivalent | United States | 0.63% |
| Purpose USD Cash Management Fund | Cash and Equivalents | Cash and Cash Equivalent | United States | 0.51% |
| Canadian Dollar | Cash and Equivalents | Cash and Cash Equivalent | Canada | -0.11% |
Performance Data
(As of July 31, 2024)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
3.01
|
5.47
|
8.21
|
8.51
|
10.24
|
2.44
|
5.71
|
-
|
|
Benchmark
|
3.28
|
6.95
|
10.49
|
11.35
|
15.79
|
4.08
|
6.34
|
7.42
|
|
Quartile Ranking
|
2
|
3
|
2
|
2
|
3
|
3
|
2
|
-
|
|
Calendar Return (%)
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
|
Fund
|
7.94
|
-8.81
|
9.31
|
12.21
|
12.45
|
-2.38
|
3.24
|
4.36
|
-
|
-
|
|
Benchmark
|
11.69
|
-11.62
|
6.48
|
11.12
|
12.26
|
2.68
|
8.66
|
2.39
|
17.05
|
12.44
|
|
Quartile Ranking
|
3
|
2
|
3
|
1
|
3
|
2
|
4
|
3
|
-
|
-
|