(As of 12/31/2021)

Purpose Tactical Asset Allocation Fund Series A

(Tactical Balanced)



2020


FundGrade A+® Rating recipient
For more information about
FundGrade click here
Inception Return
(11/17/2015)
6.15 %
YTD Return 9.31 %
NAVPS
(1/25/2022)
$13.71
Change ($0.03) / -0.22 %
Growth of $10,000 (As of December 31, 2021)
MER 1.90 %
Assets ($mil) -
Rank (1Yr) 224/359
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
Data not available
Sub-Advisor
Data not available
 
Asset Allocation
(As of December 31, 2021)
Sector Allocation
(As of December 31, 2021)
Geographic Allocation
(As of December 31, 2021)
Top 10 Holdings
NameAssetSectorGeographicPercent
iShares Core Canadian Short Term Bon Idx ETF (XSB)Domestic BondsFixed IncomeCanada43.07%
SPDR S&P 500 ETF Trust (SPY)US EquityExchange Traded FundUnited States23.20%
Horizons S&P/TSX 60 Index ETF (HXT)Canadian EquityExchange Traded FundCanada16.09%
Invesco QQQ ETF (QQQ)US EquityExchange Traded FundUnited States9.99%
iShares Core S&P/TSX Capped Composit Idx ETF (XIC)Canadian EquityExchange Traded FundCanada3.23%
iShares Core Canadian Universe Bond Idx ETF (XBB)Domestic BondsFixed IncomeCanada2.32%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada1.77%
United States DollarCash and EquivalentsCash and Cash EquivalentUnited States0.32%

Performance Data (As of December 31, 2021)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.58 2.00 1.21 9.31 9.31 11.31 6.81 -   
Benchmark 0.85 2.66 4.21 6.48 6.48 9.92 8.18 9.92
Quartile Ranking 4 4 4 3 3 2 2 -

Calendar Return (%) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund 9.31 12.21 12.45 -2.39 3.24 4.36 -      -      -      -     
Benchmark 6.48 11.12 12.26 2.68 8.66 2.39 17.05 12.44 18.86 8.49
Quartile Ranking 3 1 3 2 4 3 - - - -

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