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Posted by Purpose Investments on Oct 19th, 2023

Purpose Investments Unveils Tactical Thematic Fund to Access Market-Leading Growth Trends While Minimizing Downside Risk

Systematic approach to thematic investments selects leaders based on momentum with an automated sell discipline to take the emotion out of the exits.

Toronto, October 19, 2023 – Purpose Investments Inc. (“Purpose”) is proud to announce the launch of the Purpose Tactical Thematic Fund (the “Fund”), a tactical thematic equity fund that uses momentum indicators to capture uptrends across the market’s most dynamic themes, combined with a rules-based sell discipline that defuses the emotional biases that can cause investors to hold onto these trades for too long. The Fund will begin trading today on Cboe Canada (formerly Neo Exchange Inc.) under the ticker RTT. The Fund also offers conventional series A, F, I, XA, XF, and XUF mutual fund shares.

Building on the proprietary methodology pioneered with the award-winning Purpose Tactical Asset Allocation Fund (ticker: RTA), the Fund will use a rules-based strategy that targets thematic investments positioned to benefit from disruptive shifts in cutting-edge fields like renewable energy, biotechnology, and AI. The investment process is designed to build exposure to themes with the strongest uptrends while avoiding and exiting those in a downtrend.

“Thematic investing is an inspiring and innovative space. Catching onto those themes can be easy, but far too often, knowing when to exit those positions can be challenging,” says Vlad Tasevski, Head of Asset Management, Institutions and Investors at Purpose. “With the Purpose Tactical Thematic Fund, investors can gain exposure to those rising themes, before many others even see the uptrend, with an emotionless tactical sell discipline for when those trends turn.”

Key benefits of the Fund include:

  • Upside exposure to innovative and transformational sectors with market-leading price growth.
  • Diversification across opportunities, limiting concentration risk in a singular market trend.
  • Automated de-risking methodology to instill an emotionless exit discipline.
  • All-in-all, a core solution to incorporate market-leading growth opportunities into a portfolio with built-in risk management to manage the volatility.

“Investing in thematic ETFs is exciting and can really provide a growth tilt for a portfolio,” says Craig Basinger, Chief Market Strategist at Purpose and the Fund’s portfolio manager. “Unfortunately, many investor experiences with thematic ETFs have been poor, buying late and holding on too long. With our rules-based process, we believe we have created a safer way to gain exposure to this exciting part of the market.”

As Purpose Investments continues to lead the way in innovative financial products, the Purpose Tactical Thematic Fund represents the firm’s latest step in identifying underserved areas for investors and solving their challenges with unique tools to thrive in dynamic market environments. Learn more about the Fund here:

About Purpose Investments

Purpose Investments is an asset management company with over $17 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

The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this information, and any representation to the contrary is an offence. Information contained in this document 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.

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. 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.

Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

Fund mentioned in this story