TORONTO, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose Investments”) today announced a change to the risk rating of one of its funds effective immediately.
The change in risk rating is the result of the implementation of the standardized risk classification methodology pursuant to National Instrument 81-102 – Investment Funds and is not the result of any change to the investment objectives, strategies or management of the fund.
| Fund | Current | New |
| Purpose Structured Equity Growth Fund | Low to Medium | Medium |
Please consult your advisor and read the simplified prospectus or fund facts of the fund before investing.
About Purpose Investments Inc.
Purpose Investments is an asset management company with approximately $20 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers 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 company.
For further information, please contact:
Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257
Commissions, trailing commissions, management fees, and expenses may all 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 the 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.
