Stock Quote Today & Recent News Purpose Multi-Strategy Market Neutral Fund T.PMM

The Purpose Multi-Strategy Market Neutral Fund seeks to provide unitholders with positive absolute returns that are not correlated to the broader securities markets. The Fund will utilize a multi-strategy approach by allocating its assets across various asset classes including equities, currencies and commodities. The ETF invests in long and short positions across multiple asset classes, which may include, but are not limited to, equity securities, fixed income securities, commodities and currencies. Positions are chosen based on an analysis of technical trends and fundamental outperformance factors that are tailored to each asset class. The Funds investment strategy is designed to provide market neutral returns that are non correlated to the broader equity and fixed income markets.