Steadyhand Class – Purpose Active Conservative Fund

The fund seeks to provide unitholders with a combination of income and moderate long-term capital growth, primarily by investing in a diverse portfolio of equity securities and fixed income securities located anywhere in the world. The fund’s objective is to outperform a passive balanced strategy over a full market cycle on a risk adjusted basis.

The management fee for the fund is 1.34%. The fee includes all of the fund's operating expenses and taxes, as well as all management fees paid to Steadyhand and the managers of the underlying funds. In other words, there is no double-dipping on fees. For further information, click here.

You have a medium to long-term investment horizon and a medium risk tolerance. Consider this fund if you’re seeking a diversified mix of stocks and fixed income, with Craig Basinger and his team actively managing asset allocation and rebalancing. The fund is designed to serve as a one-stop investment solution and a core holding within a portfolio, if applicable.

Canada and abroad: The fund invests in equities in Canada and abroad, with a tilt towards foreign stocks. The geographic allocation of the fund's equity investments may vary from these parameters, however, based on where the manager is seeing the best value. The fixed income portion of the fund primarily invests in bonds and income-producing securities issued by Canadian governments and corporations.

The Purpose Active Conservative Fund is a globally diversified, multi-asset fund-of-funds portfolio that invests across equities and fixed income using both active and passive strategies. Craig Basinger and his team actively adjust the asset mix based on macro, valuation, momentum and fundamental signals, with a more conservative allocation that emphasizes fixed income while seeking moderate long-term growth.

• Make sure the fund’s conservative, globally diversified approach fits within your overall investment plan.

• Understand that Craig Basinger and his team have flexibility to adjust the mix of stocks and fixed income as market conditions change.

• Stay invested and allow the team to make asset allocation and rebalancing decisions on your behalf.

• Maintain realistic expectations. Returns will reflect the performance of both stocks and fixed income, with a greater emphasis on fixed income.

Purpose Investments Inc.

• Independent, Toronto-based investment firm founded in 2012 by well-known entrepreneur Som Seif.

• Believe in outcomes over benchmarks.

• Experienced leadership team.

• Mission is to be the leader in modern, client-focused financial services.