Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.78% -0.16% 9.253M 606.70
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
0% 113.6% -1.017M Upgrade

Basic Info

Investment Strategy
The Purpose Best Ideas Fund seeks to provide shareholders with attractive long-term capital appreciation by investing in a high conviction portfolio of North American equities.
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Growth
Fixed Income Style --
Broad Asset Class --
Broad Category Equity
Category Name North American Equity
Category Index Morningstar DM Americas GR CAD
Global Category Name US Equity Large Cap Blend
YCharts Categorization US Large Cap Blend
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective --
Fund Owner Firm Name Purpose Investments Inc.
Prospectus Benchmark Index
Russell Top 200 Growth TR USD 100.0%
Broad Asset Class Benchmark Index
^SPTSX60TR 100.0%
Manager Tenure
Frank Maeba 9.43 yrs

Performance Versus Category

 
20%
15%
10%
5%
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View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 23, 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
12.87%
-4.97%
35.78%
25.74%
11.54%
-32.97%
32.07%
12.67%
9.78%
-7.58%
21.93%
5.56%
28.04%
-6.24%
12.05%
5.47%
22.62%
-11.92%
35.93%
23.07%
10.70%
-39.61%
36.14%
9.72%
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19.06%
52.73%
-1.64%
-36.97%
0.79%
18.03%
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24.21%
12.17%
23.55%
-18.66%
19.30%
5.90%
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19.55%
7.24%
As of April 23, 2024.

Asset Allocation

As of March 31, 2024.
Type % Net % Long % Short
Cash 0.77% Upgrade Upgrade
Stock 99.23% Upgrade Upgrade
Bond 0.00% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Basic Info

Investment Strategy
The Purpose Best Ideas Fund seeks to provide shareholders with attractive long-term capital appreciation by investing in a high conviction portfolio of North American equities.
General
Security Type Exchange-Traded Fund
Equity Style Large Cap/Growth
Fixed Income Style --
Broad Asset Class --
Broad Category Equity
Category Name North American Equity
Category Index Morningstar DM Americas GR CAD
Global Category Name US Equity Large Cap Blend
YCharts Categorization US Large Cap Blend
YCharts Benchmark S&P 500 Total Return (^SPXTR)
Prospectus Objective --
Fund Owner Firm Name Purpose Investments Inc.
Prospectus Benchmark Index
Russell Top 200 Growth TR USD 100.0%
Broad Asset Class Benchmark Index
^SPTSX60TR 100.0%
Manager Tenure
Frank Maeba 9.43 yrs

Top Portfolio Holders

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