TORONTO, April 21, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose” or “Purpose Investments”) announced today that it has changed the risk rating for Purpose Global Innovators Fund (TSX: PINV, the “Fund”) from “medium” to “medium-to-high.” This change is a result of the risk rating methodology mandated by the Canadian Securities Administrators and the periodic review by Purpose to determine the risk level of its publicly offered mutual funds.
No material changes have been made to the investment objective, strategies, or management of the Fund as a result. The change in the risk rating will be reflected in the Fund’s offering documents, which will be completed in accordance with applicable securities laws.
About Purpose Investments
Purpose Investments Inc. is an asset management company with over $22 billion in assets under management, focused on client-centric innovation across ETFs and investment funds. Purpose is a division of Purpose Unlimited, an independent financial technology company led by entrepreneur Som Seif.
For further information, please email us at: [email protected]
Media inquiries:
Keera Hart
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.
