Inception Return
(11/17/2015)
|
4.86 %
|
|
YTD Return
|
4.85 %
|
|
NAVPS
(4/17/2024)
|
$14.29
|
|
Change
|
($0.04) / -0.27 %
|
|
|
Growth of $10,000
(As of March 31, 2024)
|
|
MER
|
2.01 %
|
|
Assets ($mil)
|
-
|
|
Rank (1Yr)
|
167/356
|
|
Std Dev (3Yr)
|
7.13 %
|
|
Volatility Ranking (3Yr)
|
3/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Front 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 March 31, 2024)
|
Sector Allocation
(As of March 31, 2024)
|
Geographic Allocation
(As of March 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 | 54.90% |
| Vanguard Total Stock Market Index ETF (VTI) | US Equity | Exchange Traded Fund | United States | 23.91% |
| Invesco QQQ ETF (QQQ) | US Equity | Exchange Traded Fund | United States | 10.37% |
| Vanguard Short-Term Bond Index ETF (BSV) | Foreign Bonds | Exchange Traded Fund | United States | 6.64% |
| Vanguard Canadian Short-Term Bond Index ETF (VSB) | Domestic Bonds | Fixed Income | Canada | 3.08% |
| Purpose USD Cash Management Fund Class A | Cash and Equivalents | Cash and Cash Equivalent | United States | 0.52% |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | Canada | 0.39% |
| United States Dollar | Cash and Equivalents | Cash and Cash Equivalent | United States | 0.18% |
Performance Data
(As of March 31, 2024)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
2.61
|
4.85
|
10.52
|
4.85
|
9.91
|
3.09
|
5.59
|
-
|
|
Benchmark
|
1.80
|
5.77
|
13.57
|
5.77
|
12.38
|
3.87
|
5.64
|
7.01
|
|
Quartile Ranking
|
1
|
2
|
3
|
2
|
2
|
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
|
-
|
-
|