TORONTO, May 19, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose Investments”) announces today that effective May 30, 2022, Class D1 Units, Class D2 Units, Class D2 Units D3, D4 Class Units, D5 Class Units, D Accumulating Class Units and DT5 Accumulating Class Units of the Longevity Pension Fund (the “Fund”) will be renamed as follows based on the Net Asset Value relative per Fund unit on May 27, 2022.
|Funds||Existing class||Redesignated to|
|Longevity pension fund||Class D1 units||Class F1 units|
|Class D2 Units||Class F2 units|
|Class D3 Units||Class F3 Units|
|Class D4 Units||Class F4 Units|
|Class D5 Units||Class F5 Units|
|Class D Accumulation Units||Class F Accumulation Units|
|DT5 Accumulator Class Units||Accumulator Class Units FT5|
About Purpose Investments Inc.
Purpose Investments is an asset management company with over $13 billion in assets under management. Purpose Investments has a relentless focus on client-centric innovation, offering a range of managed and quantitative investment products. Purpose Investments is led by renowned entrepreneur Som Seif and is a division of Purpose Unlimited, an independent, technology-driven financial services platform that is reshaping the industry by connecting and creating opportunities in asset management, asset management wealth management and small business financial services.
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Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. There is no guarantee that the full amount of your investment in a fund will be returned to you. If securities are bought or sold on an 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.