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Posted by Purpose Investments on Sep 14th, 2021

Purpose Investments Expands Structured Product Offering with Launch of Purpose Structured Equity Yield Plus Portfolio

Purpose Investments Inc. (“Purpose Investments”) today announced the launch of Purpose Structured Equity Yield Plus Portfolio (“PSY Plus” or the “Fund”). The Fund is available in two mutual fund versions, Series F (management fee of 0.65%) and Series A (management fee of 1.65%).

Built on the successes of the first-of-its-kind Purpose Structured Equity Yield Portfolio (PSY) and Purpose Structured Equity Yield Portfolio II (PSY II), which help investors solve the complex challenges of uncertainty in multiple ways, the Fund uses derivative-based strategies linked to North American and global equities to offer an attractive alternative to traditional fixed income and equity portfolios. By employing a conservative leverage methodology, the Fund is designed to provide a higher yield than PSY II.

“Our Structured Equity Yield funds have been embraced by investors who appreciate the value proposition of high tax-efficient alternative yields, equity diversification and contingent downside protection,” said Som Seif, CEO and founder of Purpose Investments, “Given the current market environment of record low rates coupled with stretched equity valuations, we thought this would be the perfect complement to our existing set of solutions.”

Purpose Structured Equity Yield Plus Portfolio employs a multi-factor portfolio selection strategy to create a diverse portfolio that generates high income with a low correlation to broad equity markets. The Fund was designed to provide the following:

  • The opportunity for long-term capital appreciation.
  • Stable, enhanced, monthly return-on-capital distributions that target a net yield of over 7%.
  • Less risk compared with a direct investment in the broad equity markets.

“It’s a natural expansion for us after the incredibly positive experience with our other structured product line up of mutual funds,” said Greg Taylor, Chief Investment Officer of Purpose Investments, “The past couple years have shown us how market volatility can happen unexpectedly. We’re happy to offer more risk-averse investors the opportunity for consistent, healthy yield without sacrificing their peace of mind with a fund that prioritizes downside protection.”

For more information on the Fund, please visit: https://www.purposeinvest.com/funds/purpose-structured-equity-yield-plus-portfolio

About Purpose Investments

Purpose Investments is an asset management company with more than $12 billion 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 Financial, 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 all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. 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 mentioned in this story