TORONTO, Feb. 18 10, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) today announced that it has changed the risk rating of Black Diamond Global Equity Fund (the “Fund”) from “low to medium” to “medium. “. This change is the result of the risk rating methodology imposed by the Canadian Securities Administrators and the periodic review by Purpose to determine the level of risk of its mutual funds offered to the public.

No material changes have therefore been made to the investment objective, strategies or management of the Fund. The change in risk rating will be reflected in amendments to the Fund’s offering documents, which will be completed in accordance with applicable securities laws.

About Purpose Investments

Purpose Investments is an asset management company with approximately $14 billion under management. Purpose Investments has a relentless focus on client-centric innovation and offers a range of results-driven products. Purpose Investments is led by renowned entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-focused financial services company.

For more information, please contact:
Keera Hart
[email protected]

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 covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. 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.

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation to buy the securities to which it refers. This press release is not for distribution in the United States or for distribution to US news agencies.