Overview
Portfolio Breakdown
Performance & Distributions
Documents
News & Updates
Overview
The purpose of this fund
A high-conviction equity fund built with the top picks of the world’s best money managers.
- •Universe built with the investments of the top 20 global money managers, including Warren Buffett (Berkshire Hathaway Inc.), Carl Icahn (Icahn Capital LP) and Bill Ackman (Pershing Square Capital Management)
- •Proprietary methodology selects the highest-consensus investments
- •Equal-weighted portfolio of the top 25 ideas
- •Tax-efficient returns from its corporate class structure
- •Winner of the FundGrade A+ Award* in 2021
- •First Place Winner for Five-Year Returns in North American Equities at the Refinitiv Lipper Fund Awards** in 2021
Managed by -
Purpose Investments Inc.
Sub-advised by -
Neuberger Berman Canada
Frank Maeba
Portfolio Manager
Neuberger Berman Canada
Founded in 1939 with a focus on deep fundamental research, Neuberger Berman Investment Advisers manages more than $460-billion USD in assets today, primarily for institutional advisors. The firm takes a boots-on-the-ground approach, employing more than 600 investment professionals in 35 cities around the world.
*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.
**The Refinitiv Lipper Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers and focus the investment world on top funds. The merit of the winners is based on entirely objective, quantitative criteria. This coupled with the unmatched depth of fund data, results in a unique level of prestige and ensures the award has lasting value. Renowned fund data and proprietary methodology is the foundation of this prestigious award qualification, recognizing excellence in fund management. Find out more at www.lipperfundawards.com.