Key stats
About PURPOSE TACTICAL ASSET ALLOCATION FUND
Expense ratio
0.94%
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Inception date
May 11, 2017
The fund tactically allocates its portfolio of North American equity, bonds and cash using a proprietary, quantitatively driven investment model involving relative strength, momentum, monetary policies, economic indicators and a fundamental metrics. The model signals to the portfolio management team to increase equity exposure in bullish markets and increase bond exposure in bearish markets. The holdings can toggle between 100% equity and 100% bonds/cash, using ETFs and cash, dependent upon the models short-term outlook for the market. The fund uses this model on 80% of the portfolio while 20% is discretionally managed by the investment advisors fundamental view of the market conditions. RTA allocates 30% - 50% to non-Canadian securities.