Purpose Investments Wins Again at Fund Awards
November 13 2023 - 1:35PM
Purpose Investments Inc. (“Purpose”) is proud to announce that its
Purpose Strategic Yield Fund (the “Fund”) won Best Fund over 5
Years in the High Yield Fixed Income category at the 2023 Refinitiv
Lipper Fund Awards.
“This award is a great reflection of the excellence of the
Fund’s portfolio management team, their investment process, and
philosophy,” said Vlad Tasevski, Head of Asset Management,
Institutions, and Investors at Purpose.
The Refinitiv Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers. The merit of the winners is based on objective, quantitative
criteria using Lipper’s proven proprietary methodology, which can
be viewed here.
“This honour validates the Fund’s deep-value fundamental
research in identifying fixed-income securities with the best
asymmetric risk/reward opportunities,” said Morningstar 5-star
rated fund manager Sandy Liang, Head of Fixed Income at Purpose.
“Trusting our credit investing philosophy and experience through
multiple business cycles has paid off for our unitholders and
helped them reach their financial goals. I’d like to thank the
entire investment team at Purpose, specifically Jeremy Lin, Ilia
Verpakhovski, and Ragheb Othmani, who are crucial in contributing
to the Fund’s success.”
Purpose Investments boasts an industry-renowned ETF and fund
lineup, which includes an award-winning active fixed-income
strategy, the Purpose Credit Opportunities Fund (TSX: CROP), and
the world’s first high-interest savings ETF, the Purpose High
Interest Savings Fund (TSX: PSA), among others. Learn more about
Purpose’s ETFs and funds here: www.purposeinvest.com.
About Refinitiv Lipper Fund Awards
For more than 30 years and in over 17 countries worldwide, the
highly respected Refinitiv Lipper Awards have honoured funds and
fund management firms that have excelled in providing consistently
strong risk-adjusted performance relative to their peers and focus
the investment world on top funds. The merit of the winners is
based on entirely objective, quantitative criteria. This, coupled
with the unmatched depth of fund data, results in a unique level of
prestige and ensures the award has lasting value. Renowned fund
data and proprietary methodology are the foundation of this
prestigious award qualification, recognizing excellence in fund
management. Find out more at www.lipperfundawards.com.
About Purpose Investments Inc.
Purpose Investments is an asset management company with
approximately $18 billion in assets under management. Purpose
Investments has an unrelenting focus on client-centric innovation
and offers a range of managed and quantitative investment products.
Purpose Investments is led by well-known entrepreneur Som Seif and
is a division of Purpose Unlimited, an independent
technology-driven financial services company.
For further information, please contact:Keera Hart
keera.hart@kaiserpartners.com905-580-1257
Commissions, trailing commissions, management fees and expenses
all may be associated with investment fund investments. Please read
the prospectus and other disclosure documents before investing.
There can be no assurance that the full amount of your investment
in a fund will be returned to you. If the securities 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. Fund distribution levels and frequencies are not
guaranteed and may vary at the Purpose Investment’s sole
discretion.
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