Portfolio Breakdown

Philosophy

Our investment philosophy is to prioritize stable monthly distribution payments and reduce portfolio volatility while achieving modest returns.

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Objective

The fund’s core objective is to provide investors in the Decumulation Class with monthly income distributions in retirement.

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Approach

The portfolio is actively managed and has exposure across a range of asset classes including equities, fixed income, and alternatives.

A “core-satellite” approach develops core building blocks of the long-term, income-based portfolio complemented with satellite factor tilts to adjust the portfolio's risk characteristics.

Hedging strategies reduce portfolio volatility by trading some upside potential to protect against market corrections.

This pension-style management aims to match assets to liabilities and evolve depending on the fund’s current and future obligations.

Using a unique longevity risk pooling function, the fund effectively offers a “longevity benefit” to those investors who live the longest.

Asset Class Breakdown

EquitiesFixed IncomeAlternativesCash
Equities:  
42.99%
Fixed Income:  
34.92%
Alternatives:  
13.97%
Cash:  
8.12%

Geographic Breakdown

CanadaUnited StatesInternational & EmergingCash
Canada:  
39.74%
United States:  
37.63%
International & Emerging:  
14.52%
Cash:  
8.12%

Sector Breakdown

Financials:  
38.38%
Energy:  
8.79%
Real Estate:  
7.5%
Consumer Discretionary:  
6.77%
Precious Metals:  
5.47%
Materials:  
5.13%
Information Technology:  
4.51%
Utilities:  
4.76%
Industrials:  
4.37%
Communication Services:  
4.49%
Health Care:  
4.32%
Consumer Staples:  
3.87%
Other:  
1.66%
FinancialsEnergyReal EstateConsumer DiscretionaryPrecious MetalsMaterialsInformation TechnologyUtilitiesIndustrialsCommunication ServicesHealth CareConsumer StaplesOther

Portfolio Holdings

As at December 07, 2021

Fund Constituent
Ticker
Portfolio Weight
Equities
Fixed Income
Alternative Strategies
Other

The MER for the Longevity Pension Fund includes the costs of the underlying Purpose Investments funds. There is no duplication of management fees chargeable in connection with the Longevity Pension Fund and its investment in the Purpose Investments funds.

ESG and Sustainable Investing

ESG is an investment framework that incorporates environmental, social, and governance factors that are material to corporate performance. Purpose Investments was one of the first investment firms in the world to embed ESG across our entire process, and it's at the foundation of how we think about building products, like Longevity.

We believe that ESG information results in a more effective investment process, better security selection, and higher quality returns while benefitting society.

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Disclaimer

The Fund has a unique mutual fund structure. Income in the form of Fund distributions is not guaranteed, and the frequency and amount of distributions may increase or decrease. Most mutual funds redeem at their associated Net Asset Value (NAV). In contrast, redemptions in the decumulation class of the Fund (whether voluntary or at death) will occur at the lesser of NAV or the initial investment amount less any distributions received. You can always access the lesser of unpaid capital (initial value of your investment less any income payments made) or your net asset value. Fees may apply. Please review the prospectus or speak to your advisor for more details.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Investment fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the full amount of your investment in the fund will be returned to you.