Purpose Global Flexible Credit Fund F
PFC3301

  • NAV
    8.09
  • TODAY'S CHANGE (%)
    0.00 (0.06%)
  • Investment Style
    Small Cap Value
  • 52 Week Range
    7.60
    8.13
  • Distribution Yield
    6.27%
  • MER
    1.45
  • AUM
    ---
  • RRSP Eligibility
    Yes
  • Load Type
    No Load
  • Overall Morningstar Rating
    out of 505 funds

Search Criteria

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CompanyCountrySymbol

Performance

Graph. See accessible table below

Analyst Report

No reports available

Calendar Year Total Returns

YearFundBest-Fit IndexCategory
As of 2024-10-31
2023
+10.63%
+13.20%
+9.07%
2022
-11.20%
-0.68%
-9.19%
2021
+5.80%
+3.54%
+3.54%
2020
-3.66%
+2.84%
+4.67%
2019
+7.19%
+10.65%
+8.82%

Holdings Diversification

Asset Class
Fixed Income		98.2%
Other		1.2%
Cash		0.6%
US Equity		0.1%
CDN Equity		0
Int'l Equity		0
Sectors
Communication Services0.1%
Basic Mat.0
Consumer Cyclical0
Consumer Defensive0
Energy0
Financial Serv.s0
Healthcare0
Industrials0
Real Estate0
Technology0
Utilities0
Geographic Region
United States		100.0%
Latin America		0
Africa		0
Asia/Oceania		0
Canada		0
Europe		0
As of 2024-10-31

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
US Treasury Bond Future Dec 24
Short
11.7%
+3.45%
$-4.9M
Euro Bobl Future Dec 24
Long
4.7%
0.00%
$2.0M
Ultra 10 Year US Treasury Note Future Dec 24
Long
3.8%
---
$1.6M
5 Year Treasury Note Future Dec 24
Long
3.6%
+100.00%
$1.5M
888 Acquisitions Ltd. 7.558%
Long
3.5%
0.00%
$1.5M
2 Year Treasury Note Future Dec 24
Long
3.4%
---
$1.4M
Euro Bund Future Dec 24
Long
2.8%
-53.85%
$1.2M
Pacific Gas and Electric Company 6.75%
Long
1.8%
0.00%
$762.9K
BARINGS CLO LTD 2024-I 0%
Long
1.7%
0.00%
$719.6K
OCP CLO 2024-31 LTD 0%
Long
1.7%
0.00%
$710.5K
As of 2024-11-22
Fund Profile
Best Fit Index
Morningstar LSTA US LL100 TR USD
Category
High Yield Fixed Income
Sponsor
Purpose Investments Inc.
Inception
August 7, 2018
As of 2024-10-31

The fund’s investment objectives are to maximise total return from current income and long-term capital appreciation by investing in a diversified mix of global fixed rate and floating rate debt securities, including high income securities. The fund seeks to achieve its investment objective primarily by investing in debt securities and money market instruments, including through the use of derivatives, issued by governments and their agencies and corporations worldwide including within emerging markets.

Holding Details
Total Net Assets$744.3K
Annual Portfolio Turnover63.23%
Equity Style
Small Cap Value
Credit Quality / Duration
---
Tax-Adjusted Rating
Not Rated
FUND IS OPEN TO NEW INVESTORS
Initial Investment(s)$5,000
Subsequent Investment(s)$100
Initial RRSP Investment(s)$5,000
Subsequent RRSP Investment(s)$100
Fees & Expenses
Maximum Initial Sales Fees---
Maximum Deferred Sales Fees---
Actual Management Fee0.85%
Actual Mgmt. Expense Ratio (MER)1.45%
Load TypeNo Load

Morningstar Ratings

Time HorizonStar Rating
Tax-Adjusted Rating
Overall
---
3 Year
---
5 Year
---
10 YearNot Rated---
As of 2024-10-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

Management & Contact

Contact Information

Purpose Investments Inc.
Purpose Investments Inc. Suite 1700, P.O. Box 83 Toronto, ON M5H 3P5 Canada
Toronto ON Canada M5H 3P5
Tel: 877-789-1517
Fax: 416 583-3851
Portfolio Manager since August 07, 2018
Norman Milner