Key stats
About PURPOSE TACTICAL ASSET ALLOCATION FUND
Home page
Inception date
May 11, 2017
Structure
Canadian Mutual Fund Trust (ON)
Distributes
Capital Gains
Tax on distributions
Ordinary income
Primary advisor
Purpose Investments, Inc.
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF98.83%
Cash1.17%
Top 10 holdings
Dividends
Dividend payout history