TORONTO, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose Investments”) today announced the launch of the ETF series of the Purpose Active Equity Fund (the “Fund” or “PAEF”), an equity fund actively allocated across global markets, on the Toronto Stock Exchange (the “TSX”) under the ticker PAEF.
PAEF is the fourth fund in the Purpose Active Suite, joining the Purpose Active Conservative Fund (PACF), Purpose Active Balanced Fund (PABF) and Purpose Active Growth Fund (PAGF), which as at October 23, 2026, had over $714M in assets under management.
“PAEF is a natural extension of the Purpose Active Suite. It holds mainly equities and sits further out on the risk/return spectrum. This isn’t a beta-chasing strategy: we use portfolio tilts and exposures to be more contrarian or opportunistic, and a sleeve of diversifiers helps control risk,” said Craig Basinger, Chief Market Strategist and Portfolio Manager at Purpose Investments.
“As with all our funds, we combine active and passive strategies, with portfolio tilts based on our outlook and risk assessment of the markets. Plus, lots of content to share our thinking and positioning along the journey.”
About PAEF
- Seeks to provide shareholders with long-term capital growth, primarily by investing in a diversified portfolio of global equity securities.
- Primarily invests in global equities but may also invest in such other asset classes as determined by Purpose Investments, as manager, in its sole discretion.
- The portfolio construction approach blends both active and passive investment strategies, intentionally deploying active strategies in markets that are less efficient or where they can otherwise add value through expected performance and/or risk management and passive exposure in markets that are more efficient.
- Designed to be diversified across geographies, based on long-term asset class returns and volatility.
About Purpose Investments
Purpose Investments is the investment management business within Purpose Unlimited, an independent technology-driven financial services company. It designs portfolio construction frameworks and manages a range of ETFs and mutual funds, with a record of building what did not previously exist — from income and structured solutions to the world’s first physically settled Bitcoin ETF and one of the first Ether ETFs. Every strategy starts from a view rather than a gap in the lineup, with a consistent discipline around risk and long-term value. Purpose Investments manages over $33 billion in assets as at October 30, 2026.
Media Inquiries
Keera Hart
Keera.Hart@earnscliffe.ca
905-580-1257
Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the Fund’s prospectus and other disclosure documents before investing. There can be no assurance that the full amount of your investment in the Fund will be returned to you. If securities of the Fund 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.
