TORONTO, April 14, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose Investments”) today announced changes to the risk rating of four of its funds effective immediately.
These changes are the result of the implementation of the standardized risk classification methodology pursuant to National Instrument 81-102 – Investment Funds and are not a result of any changes to the investment objectives, strategies or management of the funds.
| Fund |
Current |
New |
| Purpose Tactical Hedged Equity Fund |
medium |
low to medium |
| Purpose Monthly Income Fund |
low |
low to medium |
| Purpose Canadian Preferred Share Fund |
low to medium |
medium |
| Purpose Multi-Asset Income Fund |
low |
low to medium |
Please consult your advisor and read the simplified prospectus or ETF facts of the applicable fund before investing.
About Purpose Investments Inc.
Purpose Investments is an asset management company with more than $14 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, offering a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent, technology-driven financial services platform that is reshaping the industry by connecting and creating opportunities across asset management, wealth management and small business financial services. Learn more at www.purposeinvest.com or @PurposeInvest.
For further information please contact:
Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257
Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
