Purpose Investments Inc. (“Purpose Investments” or “the Company”) is announcing a correction to its earlier press release dated March 7, 2023, which aimed to clarify the firm’s ESG policy as it relates to funds managed by the Company. This press release updates the list of all Purpose Investments funds that do not fall under the ESG classification.
The updates outlined above were requested by the Staff of the Ontario Securities Commission in connection with the Staff’s issue-oriented review of ESG-Related Funds. The following list includes all Purpose Investments Funds that do not fall under the ESG classification.
About Purpose Investments
Purpose Investments is an asset management company with over $15 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.
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Commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. 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. Fund distribution levels and frequencies are not guaranteed and may vary at the Purpose Investment’s sole discretion.
Information contained on this page was published at a specific point in time. Upon publication, it is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice, and updated information can be found on each fund’s specific webpage. Purpose’s ESG policy can be found at https://www.purposeinvest.com/esg