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Purpose Short Dur Tactical Bond D
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Fund Sponsor: Purpose Investments Inc
Portfolio Manager: Purpose Investments Inc
Fund Type: Open-Ended

Asset Class: Canadian Short Term Fixed Income
5-Star Rating:
RRSP Eligible: Yes

Inception Date: May, 2017
Total Assets: $107.00Thousand  
Sales Fee Type: No Load
Mgmt Expense Ratio (MER): 0.42%
Closed: No

Min. Invest (initial): $5,000.00
Subsequent: $100.00
Min. Invest (initial RRSP):
Subsequent RRSP:
Restricted: No


Statistics


As of December 3, 2018

Current Price: $18.90
Daily Change $: $0.03
1 day: 0.13%
7 day: -0.24%
Month-to-Date: 0.13%
30 day: -0.49%
Year-to-Date: 7.64%

Returns as of October 31, 2018
Fund Group Avg Index*
1 month -0.48% -0.26% -0.26%
3 month -0.18% -0.20% -0.20%
6 month 5.95% -0.15% -0.17%
1 year 10.47% -0.41% -0.48%
3 year n/a 0.26% 0.21%
5 year n/a 0.42% 0.53%
10 year n/a 1.48% 1.46%
15 year n/a 1.80% 1.87%
20 year n/a 2.55% 2.36%
Since Inception n/a n/a n/a
3 year risk n/a 1.46 0.82
3 year beta n/a n/a 1.00
* Index refers to Globe Cdn Short Tm Fixed Inc Peer Index

Top Holdings as of Oct 31, 2018
BMO High Yield US Corp Bond Hed ETF       16.35%
Purpose High Interest SAvings ETF       4.97%
Bank of Nova Scotia 3.036% 18-Oct-2024       3.81%
Royal Bank       3.03%
Bank of America Corp 4.100% 24-Jul-2023       2.83%
No Name Available       2.83%
Nova Chemicals Corp       2.83%
JPMorgan Chase & Co 3.559% 23-Apr-2024       2.77%
Goldman SAchs Group Inc 3.200% 23-Feb-20       2.73%
Apple Inc 2.400% 13-Jan-2023       2.69%
Extras

Fund Report
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Fund Codes & Fees
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Fund Price History
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Distribution Report (18 Months Up To December 3, 2018)

Frequency of Income Distributions:  None
Frequency of Capital Gain Distributions:  None

Date Income
Dividend
Capital
Gain
Total 
(Current Period)
Trailing 12-
Months Total
Reinvestment
Price
Jun 30, 2017 0.0370   0.0370 0.0370 19.794
Jul 26, 2017 0.0400   0.0400 0.0770 19.746
Aug 29, 2017 0.0500   0.0500 0.1270 19.699
Sep 29, 2017 0.0550   0.0550 0.1820 19.676
Oct 31, 2017 0.0600   0.0600 0.2420 19.817
Nov 30, 2017 0.0630   0.0630 0.3050 19.774
Dec 22, 2017   0.4350 0.4350 0.7400 19.764
Dec 29, 2017 0.0630   0.0630 0.8030 19.672
Jan 31, 2018 0.0600   0.0600 0.8630 19.543
Feb 28, 2018 0.0600   0.0600 0.9230 19.445
Mar 29, 2018 0.0600   0.0600 0.9830 19.366
Apr 30, 2018 0.6000   0.6000 1.5830 19.304
May 31, 2018 0.6000   0.6000 2.1830 19.260
Jun 29, 2018 0.6000   0.6000 2.7460 19.213
Jul 31, 2018 0.0600   0.0600 2.7660 19.208
Aug 31, 2018 0.0600   0.0600 2.7760 19.227
Sep 28, 2018 0.0600   0.0600 2.7810 19.146
Oct 31, 2018 0.0600   0.0600 2.7810 18.994

Investment Objectives
The fund seeks to provide regular income in diverse market environments and protect capital from changes in interest rates over time by allocating its assets primarily among a broad range of investment grade fixed income securities and maintaining overall portfolio duration of no more than 2.5 years.

Portfolio Composition
as of Oct 31, 2018

Sector Weightings
as of Oct 31, 2018

Bond 88.59% 5-10 years maturity 51.86%
Cash and Short Term Securities 40.53% 1-5 years maturity 32.64%
Stock 0.02% 10-20 years maturity 0.10%
Other -29.13% Less than 1 year maturity 0.05%
More than 20 years maturity 0.03%

Portfolio Manager(s)

Team Managed Manager
Purpose Investments Inc
Start Date: June, 2017
Fund Return: 7.81%
Also manages: Purpose Cdn Financial Income ETF, Purpose Enhanced US Eqt ETF NCH, Purpose Short Dur Tactical Bond A, Purpose Short Dur Tactical Bond ETF, Purpose Short Dur Tactical Bond F, Purpose Tactical Hdg Eqt ETF NCH