Purpose Multi-Strategy Market Neutral Fund (PMM.TO)
ETF Info
CA74640H1038
74640H103
1x
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of CA$10,000 in Purpose Multi-Strategy Market Neutral Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Purpose Multi-Strategy Market Neutral Fund had a return of -1.89% year-to-date (YTD) and 13.86% in the last 12 months. Over the past 10 years, Purpose Multi-Strategy Market Neutral Fund had an annualized return of 1.71%, while the S&P 500 had an annualized return of 11.26%, indicating that Purpose Multi-Strategy Market Neutral Fund did not perform as well as the benchmark.
PMM.TO
-1.89%
-0.81%
6.60%
13.86%
1.68%
1.71%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of PMM.TO, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -0.84% | -1.89% | |||||||||||
| 2024 | 2.18% | 3.03% | 2.85% | -1.03% | 0.45% | 3.42% | 1.65% | -2.53% | 1.62% | 1.94% | 3.94% | 1.43% | 20.49% |
| 2023 | 0.67% | 0.05% | -0.05% | 1.07% | 0.40% | 1.91% | -0.79% | 1.94% | -1.66% | -0.05% | 1.64% | 0.63% | 5.85% |
| 2022 | -3.60% | -1.13% | 0.26% | -0.93% | -0.47% | -2.25% | 1.87% | 0.58% | 2.14% | 0.51% | 1.12% | -1.81% | -3.80% |
| 2021 | -0.26% | -0.16% | 1.16% | 1.19% | 1.69% | 1.97% | 2.28% | 0.97% | -3.21% | -1.83% | -1.51% | 3.79% | 6.01% |
| 2020 | -1.03% | -5.54% | -10.86% | 1.13% | -0.80% | -1.93% | 1.15% | 0.81% | -1.24% | -0.11% | 2.07% | 2.03% | -14.11% |
| 2019 | 2.97% | 2.27% | -0.91% | 2.89% | -5.88% | -0.59% | 1.14% | -0.32% | 1.67% | -1.96% | 1.59% | -0.67% | 1.88% |
| 2018 | 1.45% | -0.78% | 0.26% | 1.22% | -0.17% | 1.21% | -0.55% | 1.42% | -0.13% | -3.26% | -2.32% | -1.11% | -2.86% |
| 2017 | -0.05% | 1.47% | 0.00% | 0.18% | -2.44% | -0.14% | -0.42% | 0.79% | 1.52% | 1.91% | 2.14% | 1.49% | 6.56% |
| 2016 | -2.14% | -0.78% | 1.23% | -1.89% | -0.49% | 2.38% | 2.03% | -1.09% | 0.19% | 2.35% | 1.97% | 0.18% | 3.86% |
| 2015 | -0.05% | 3.20% | 1.32% | -3.89% | 2.41% | -2.12% | -0.53% | -2.18% | -3.56% | 3.08% | 3.48% | 1.01% | 1.79% |
| 2014 | 3.28% | 0.24% | 0.68% | 4.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PMM.TO is 62, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Purpose Multi-Strategy Market Neutral Fund (PMM.TO) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Purpose Multi-Strategy Market Neutral Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of CA$0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.20 | CA$0.56 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.92% | 2.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Purpose Multi-Strategy Market Neutral Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | CA$0.00 | CA$0.00 | CA$0.00 | ||||||||||
| 2024 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 |
| 2023 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 |
| 2022 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 |
| 2021 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 |
| 2020 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 |
| 2019 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 |
| 2018 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.00 | CA$0.20 | CA$0.20 |
| 2017 | CA$0.56 | CA$0.56 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Purpose Multi-Strategy Market Neutral Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Purpose Multi-Strategy Market Neutral Fund was 23.50%, occurring on Jun 15, 2020. Recovery took 1086 trading sessions.
The current Purpose Multi-Strategy Market Neutral Fund drawdown is 2.52%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.5% | Apr 25, 2019 | 287 | Jun 15, 2020 | 1086 | Oct 11, 2024 | 1373 |
| -11.59% | Apr 13, 2015 | 120 | Oct 1, 2015 | 308 | Dec 21, 2016 | 428 |
| -7.73% | Sep 28, 2018 | 61 | Dec 24, 2018 | 82 | Apr 24, 2019 | 143 |
| -5.24% | Jan 23, 2018 | 16 | Feb 13, 2018 | 93 | Jun 27, 2018 | 109 |
| -4.74% | Mar 2, 2017 | 119 | Aug 21, 2017 | 48 | Oct 30, 2017 | 167 |
Volatility
Volatility Chart
The current Purpose Multi-Strategy Market Neutral Fund volatility is 2.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.