Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.98% 0.27% 557.63M 6225.57
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
5.81% 51.22% 22.95M Upgrade

Basic Info

Investment Strategy
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.
General
Security Type Exchange-Traded Fund
Equity Style Small Cap/Value
Fixed Income Style --
Broad Asset Class --
Broad Category Alternative
Category Name Alternative Credit Focused
Category Index Morningstar CAD O/N Cash GR CAD
Global Category Name Alternative Miscellaneous
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective --
Fund Owner Firm Name Purpose Investments Inc.
Prospectus Benchmark Index
ICE BofA US Cash Pay HY TR USD 70.00%
S&P 500 TR CAD 30.00%
Broad Asset Class Benchmark Index
^SPTSX60TR 100.0%
Manager Tenure
Sandy Liang 7.93 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
--
--
--
As of June 14, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
--
--
--
--
--
-5.87%
6.32%
4.50%
9.78%
-7.58%
21.93%
5.56%
28.04%
-6.24%
12.05%
3.68%
--
--
--
--
0.98%
-8.33%
5.31%
0.17%
--
--
--
--
--
2.48%
9.94%
4.69%
--
--
--
--
--
-0.72%
5.70%
4.72%
--
--
8.62%
10.60%
12.51%
-8.64%
6.84%
5.13%
As of June 14, 2024.

Asset Allocation

As of April 30, 2023.
Type % Net % Long % Short
Cash 8.42% Upgrade Upgrade
Stock 9.27% Upgrade Upgrade
Bond 65.66% Upgrade Upgrade
Convertible 6.34% Upgrade Upgrade
Preferred 10.29% Upgrade Upgrade
Other 0.02% Upgrade Upgrade

Basic Info

Investment Strategy
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.
General
Security Type Exchange-Traded Fund
Equity Style Small Cap/Value
Fixed Income Style --
Broad Asset Class --
Broad Category Alternative
Category Name Alternative Credit Focused
Category Index Morningstar CAD O/N Cash GR CAD
Global Category Name Alternative Miscellaneous
YCharts Categorization Other
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective --
Fund Owner Firm Name Purpose Investments Inc.
Prospectus Benchmark Index
ICE BofA US Cash Pay HY TR USD 70.00%
S&P 500 TR CAD 30.00%
Broad Asset Class Benchmark Index
^SPTSX60TR 100.0%
Manager Tenure
Sandy Liang 7.93 yrs

Top Portfolio Holders

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