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Alternatives

Purpose Credit Opportunities Fund

The purpose of this fund

  • Invest like a lender in high-conviction opportunities, backed by deep research
  • Opportunistically uses a range of instruments to hedge exposures and express views around relative value
  • Uniquely uses no leverage to generate equity-like returns, primarily from credit instruments
  • Winner of the FundGrade A+ Award** in 2022
  • Winner of the Best 1-year return in 2018 in the Credit Focused category at the Canadian Hedge Fund Awards.
  • Winner of the Best 3-Year Return in Credit Focused Category at Canadian Hedge Fund Awards. First place in 2020, third place in 2021 and 2022.
  • Winner of the Best 5-Year Return in Credit Focused Category at Canadian Hedge Fund Awards. First place in 2019, third place in 2021 and second place 2022.

Managed by -

Sandy Liang, CFA

Sandy Liang, CFA

Head of Fixed Income, Lead Portfolio ManagerPurpose Investment Partners

Jeremy Lin, CFA

Jeremy Lin, CFA

Portfolio Manager

Purpose Investments

* The awards are judged strictly on three- and five-year performance to June 2021, with Fundata Canada Inc. managing the collection and tabulation of the data to determine the winners. There is no nomination process or subjective assessment in identifying the winning hedge funds. Find out more at www.canhfawards.com.

** These annual awards recognize the best of the best among Canadian investment funds that have maintained a high FundGrade rating throughout a calendar year. FundGrade ranks and grades Canadian investment funds monthly against their peers using risk-adjusted performance metrics measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. It’s a completely quantitative measure. To make the grades relevant, funds are only measured against similar investment products with comparable investment mandates. Find out more at www.fundgradeawards.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. The prospectus contains important detailed information about the investment fund. Please read the prospectus before investing. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. The indicated rate of return is the historical annual compounded total return including changes in share/unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.

This information is provided for illustrative and discussion purposes only. This material is not intended as a formal research report and should not be relied upon as a basis for making an investment decision. Historical trends do not imply, forecast or guarantee future results. Information is as of the date indicated and subject to change without notice. Nothing herein constitutes a prediction or projection of future events or future market behavior.

If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

FUND DETAILS

ETF  CROP
ETF (CROP)
YIELD

5.57%

MGMT FEE

0.85%

AUM

$680.9M

NAV

$18.86

(2024-11-25)

PERFORMANCE FEE

10.00%

SETTLEMENT DATE

T+1

 EXPAND ALL DETAILS

RETURNSAS AT 2024-10-31

Series1Y3Y5Y10YSince Inception
ETF15.54%3.26%--3.13%
F15.52%3.12%7.08%-6.89%
A14.60%2.12%6.14%-5.95%
I16.32%3.76%7.85%-7.72%
ETF (USD)15.24%---7.13%
F (USD)15.52%3.12%7.08%-6.89%
A (USD)14.60%2.12%6.14%-5.95%
F2 (OM)15.58%3.16%7.24%7.76%8.18%
A2 (OM)14.69%2.14%6.18%6.46%6.90%
I2 (OM)17.76%4.39%9.00%9.82%12.55%

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