Purpose Investments Inc. (“Purpose Investments” or “Purpose”) today announced the launch of its newest innovation, Purpose Structured Equity Yield Portfolio (“the Fund”). The Fund will be available today in two mutual fund versions, Series F (management fee of 0.65%) and Series A (management fee of 1.65%).
The first of its kind in Canada, Purpose Structured Equity Yield Portfolio replicates the outcomes of multiple structured notes into a mutual fund solution. The Fund is a one-ticket solution that pairs a stable and tax-efficient yield with contingent downside protection built in via an actively-managed derivatives-based strategy.
“Purpose Structured Equity Yield Portfolio provides investors with an elegant approach to adding stability with above-market yields, even while traditionally stable investments, like fixed income instruments, are seeing their returns compressed,” said Som Seif, CEO and Founder of Purpose Investments.
Purpose employs a multi-factor portfolio selection strategy to create a diverse portfolio with a lower correlation to broad equity markets. This includes:
- Analyzing macroeconomic factors such as earnings, dividend yields, interest rates, economic/business cycles and geopolitical risks.
- Selecting Global and North American equity indices that have strong fundamentals, creates value, and reduces risk in a portfolio.
- Investing in derivatives that provide exposure to selected indices, stable income through coupon payments, and contingent protection against losses.
“Uncertainty can manifest in many different ways. One of the best strategies to guard against it is to add stability,” said Greg Taylor, Chief Investment Officer, Purpose Investments. “Purpose Structured Equity Yield Portfolio is an innovative, tax-efficient approach to build stability during times of uncertainty.”
To learn more about how the Fund uniquely meets the challenges of uncertainty head-on and how it will benefit thoughtful Canadian investors, visit
For product-specific information, visit Purpose Structured Equity Yield Portfolio.
About Purpose Investments
Purpose Investments is an asset management company with more than $8-billion under management. Purpose Investments is built around the core values of risk management, quality investment strategies, transparency, accessibility and sustainability. 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:
Purpose Investments Inc.
Tel: (877) 789-1517
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.