(As of 5/31/2022)

Purpose Tactical Asset Allocation Fund Series A

(Tactical Balanced)
FundGrade A+® Rating recipient
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2020





Inception Return
(11/17/2015)
4.67 %
YTD Return -6.52 %
NAVPS
(6/23/2022)
$12.56
Change $0.02 / 0.12 %
Growth of $10,000 (As of May 31, 2022)
MER 1.90 %
Assets ($mil) -
Rank (1Yr) 185/345
Std Dev (3Yr) 7.13 %
Volatility Ranking (3Yr) 2/10
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 May 31, 2022)
Sector Allocation
(As of May 31, 2022)
Geographic Allocation
(As of May 31, 2022)
Top 10 Holdings
NameAssetSectorGeographicPercent
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada21.28%
iShares S&P/TSX 60 Index ETF (XIU)Canadian EquityExchange Traded FundCanada15.32%
iShares Core Canadian Short Term Bon Idx ETF (XSB)Domestic BondsFixed IncomeCanada12.88%
Vanguard Short-Term Bond Index ETF (BSV)Foreign BondsExchange Traded FundUnited States11.34%
iShares Core S&P 500 Index ETF C$ Hgd (XSP)US EquityExchange Traded FundNorth America9.36%
United States DollarCash and EquivalentsCash and Cash EquivalentUnited States6.74%
Invesco QQQ ETF (QQQ)US EquityExchange Traded FundUnited States6.67%
SPDR S&P 500 ETF Trust (SPY)US EquityExchange Traded FundUnited States4.42%
Vanguard Total Bond Market Index ETF (BND)Foreign BondsExchange Traded FundUnited States3.96%
iShares Core S&P/TSX Capped Composit Idx ETF (XIC)Canadian EquityExchange Traded FundCanada3.06%

Performance Data (As of May 31, 2022)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -0.36 -2.90 -5.98 -6.52 -2.64 5.22 4.66 -   
Benchmark -0.93 -7.31 -11.53 -12.28 -5.89 3.29 3.66 8.18
Quartile Ranking 3 2 3 2 3 2 2 -

Calendar Return (%) 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Fund 9.31 12.21 12.45 -2.38 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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