(As of 4/30/2024)

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)
4.58 %
YTD Return 2.89 %
NAVPS
(5/23/2024)
$14.50
Change ($0.07) / -0.48 %
Growth of $10,000 (As of April 30, 2024)
MER 2.04 %
Assets ($mil) -
Rank (1Yr) 163/355
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 April 30, 2024)
Sector Allocation
(As of April 30, 2024)
Geographic Allocation
(As of April 30, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Vanguard Canadian Short-Term Bond Index ETF (VSB)Domestic BondsFixed IncomeCanada30.63%
Vanguard Short-Term Bond Index ETF (BSV)Foreign BondsExchange Traded FundUnited States27.69%
iShares Core S&P/TSX Capped Composit Idx ETF (XIC)Canadian EquityExchange Traded FundCanada13.82%
iShares Core Canadian Universe Bond Idx ETF (XBB)Domestic BondsFixed IncomeCanada13.45%
Vanguard Total Stock Market Index ETF (VTI)US EquityExchange Traded FundUnited States12.43%
United States DollarCash and EquivalentsCash and Cash EquivalentUnited States1.30%
Purpose USD Cash Management Fund Class ACash and EquivalentsCash and Cash EquivalentUnited States0.54%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada0.17%
Canadian DollarCash and EquivalentsCash and Cash EquivalentCanada-0.03%

Performance Data (As of April 30, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -1.87 2.60 9.25 2.89 6.75 1.99 4.53 -   
Benchmark -1.57 3.31 11.56 4.12 9.21 3.11 4.84 6.83
Quartile Ranking 2 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 - -

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