(As of 3/31/2024)

Purpose Credit Opportunities Fund Series A

(Alternative Credit Focused)
FundGrade A+® Rating recipient
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Inception Return
(9/9/2019)
5.38 %
YTD Return 2.88 %
NAVPS
(4/18/2024)
$9.75
Change ($0.01) / -0.07 %
Growth of $10,000 (As of March 31, 2024)
MER 2.12 %
Assets ($mil) -
Rank (1Yr) 54/116
Std Dev (3Yr) -
Volatility Ranking (3Yr) 1/10
RRSP Eligibility Yes
Load Front Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
The fund seeks to maximize total returns for unitholders, consisting of both distributions and capital appreciation. The fund invests, directly or indirectly, primarily in debt and equity securities of non-investment grade rated, publicly traded issuers. The aggregate gross exposure of the fund shall not exceed the limits on the use of leverage or as otherwise permitted under applicable securities legislation.
Fund Manager

Purpose Investment Partners Inc.

Portfolio Manager

Sandy Liang, Purpose Investment Partners Inc.

Sub-Advisor

Purpose Investments Inc.

 
Allocations
Data not available
Top 10 Holdings
Data not available

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 1.39 2.88 6.25 2.88 7.86 1.30 -    -   
Benchmark 0.48 -1.28 6.84 -1.28 1.93 -1.50 0.22 2.01
Quartile Ranking 1 2 2 2 2 3 - -

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 5.42 -7.27 8.81 13.94 -      -      -      -      -      -     
Benchmark 6.38 -11.46 -2.71 8.61 6.97 1.29 2.70 1.54 3.57 9.10
Quartile Ranking 3 3 1 1 - - - - - -

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