Purpose announces the launch of the ETF series for several


TORONTO, Sep 29, 2021 (GLOBE NEWSWIRE) – Purpose Investment Partners Inc. (a subsidiary of Purpose Investments Inc.), hereinafter referred to as “Purpose”, today announced the launch of a new series of ETFs for its credit funds, Purpose Credit Opportunities Fund (the “Fund”), which will begin trading today on the Toronto Stock Exchange under the symbol: CROP.

The Fund seeks to maximize total return to unitholders, consisting of both distributions and capital appreciation. To achieve its investment objectives, the Fund invests, directly and indirectly, primarily in debt and equity securities of listed unlisted issuers.

The Fund has won first place three times in the Canadian Hedge Fund Awards (2020, 2019 and 2018) in the Credit Focused Return category for various measurement periods. The fund is actively managed by Morningstar 5-Star Fund Manager Sandy Liang, CFA, who leads credit strategies and fixed income for Purpose, and Purpose’s credit research team.

Building on the success of its Series A and Series F offerings, Purpose is pleased to offer investors a new way to invest in the Fund.

“One of our mantras when investing in credit is to think like a lender, and the team’s extensive credit research allows us to effectively apply this mantra to our portfolio,” said Sandy Liang. . “We are delighted to offer a series of ETFs to provide investors with the ability to generate absolute returns similar to equities with less risk. “

The Fund combines active bottom-up credit seeking and risk management through the use of various hedging tools to generate income while reducing volatility without resorting to leverage. For more information about the Fund, please visit: https://www.purposeinvest.com/funds/purpose-credit-opportunities-fund.

About Purpose Investments

Purpose Investment Partners Inc. is a subsidiary of Purpose Investments Inc. (“Purpose Investments”), an asset management company with more than $ 12 billion under management. Purpose Investments has a relentless focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by renowned entrepreneur Som Seif and is a division of Purpose Financial, an independent, technology-driven financial services company.

For more information please contact:

Keera Hart
[email protected]

Commissions, trailing commissions, management fees and expenses can all be associated with the investments of investment funds. Please read the prospectus and other information documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or by 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 bought 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.


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