Steadyhand Class – Purpose Active Growth Fund

The fund seeks to provide unitholders with 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. Any change to the fundamental investment objectives must be approved by a majority of votes cast at a meeting of securityholders called for that purpose. 

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 long-term investment horizon (over 5 years) and a moderate to high tolerance for risk. Consider this fund if you are seeking long-term capital growth through a globally diversified portfolio with a greater emphasis on equities, complemented by fixed-income exposure to provide additional diversification. Craig Basinger and his team actively manage the fund’s asset allocation and rebalancing, adjusting exposures as market conditions and opportunities evolve. The fund is designed to serve as a one-stop, growth-oriented portfolio for investors who are comfortable accepting greater market fluctuations in pursuit of higher long-term return potential.

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 Growth Fund is a globally diversified, multi-asset fund-of-funds portfolio that invests across equities and fixed income using both active and passive approaches. Craig Basinger and his team actively adjust the asset mix based on macro conditions, valuations, momentum and fundamental signals, with a greater emphasis on equities to pursue long-term growth.

• This fund is predominantly invested in stocks. Make sure its growth-oriented approach fits within your investment plan.

• Be aware that its active, non-benchmark-oriented approach may cause the Fund to perform differently from broader markets at times.

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

• Keep a long-term perspective and avoid reacting to short-term market movements.

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.