(As of 10/31/2023)

Purpose Tactical Asset Allocation Fund Series A

(Tactical Balanced)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2020





Inception Return
(11/17/2015) 		3.71 %
YTD Return 1.66 %
NAVPS
(11/30/2023) 		$13.59
Change $0.04 / 0.28 %
Growth of $10,000 (As of October 31, 2023)
MER 2.01 %
Assets ($mil) -
Rank (1Yr) 267/358
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 objective of the Purpose Tactical Asset Allocation Fund is 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 October 31, 2023)
Sector Allocation
(As of October 31, 2023)
Geographic Allocation
(As of October 31, 2023)
Top 10 Holdings
NameAssetSectorGeographicPercent
Vanguard Short-Term Bond Index ETF (BSV)Foreign BondsExchange Traded FundUnited States23.93%
iShares Core Canadian Universe Bond Idx ETF (XBB)Domestic BondsFixed IncomeCanada22.02%
Vanguard Canadian Short-Term Bond Index ETF (VSB)Domestic BondsFixed IncomeCanada21.49%
Horizons S&P/TSX 60 Index ETF (HXT)Canadian EquityExchange Traded FundCanada14.63%
Vanguard Total Bond Market Index ETF (BND)Foreign BondsExchange Traded FundUnited States10.10%
Vanguard Total Stock Market Index ETF (VTI)US EquityExchange Traded FundUnited States6.53%
United States DollarCash and EquivalentsCash and Cash EquivalentUnited States1.18%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada0.12%

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 -0.74 -4.32 -2.29 1.66 0.74 2.22 4.74 -   
Benchmark 0.21 -2.95 -2.10 4.24 8.02 1.35 4.50 6.61
Quartile Ranking 2 3 1 2 3 3 1 -

Calendar Return (%) 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund -8.81 9.31 12.21 12.45 -2.38 3.24 4.36 -      -      -     
Benchmark -11.62 6.48 11.12 12.26 2.68 8.66 2.39 17.05 12.44 18.86
Quartile Ranking 2 3 1 3 2 4 3 - - -

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