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Purpose Global Innovators Fund
Symbol PINV
Shares Issued 75,000
Close 2026-10-26 C$ 29.01
Market Cap C$ 2,175,750
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Purpose Global Innovators to terminate Dec. 30

2026-10-30 10:46 ET - News Release

Ms. Keera Hart reports

PURPOSE INVESTMENTS ANNOUNCES TERMINATION OF PURPOSE GLOBAL INNOVATORS FUND

Purpose Investments Inc. has decided to terminate Purpose Global Innovators Fund at the close of business on or about Dec. 30, 2026. The termination will be made in accordance with applicable securities and regulatory requirements as well as the declaration of trust of the fund.

The fund offers ETF (exchange-traded fund) units, Series A units and Series F units. Effective as of the market close on the date hereof, units of the fund will no longer be available for purchase, including any purchases made through a preauthorized purchase plan.

It is anticipated that ETF units will be voluntarily delisted from the Toronto Stock Exchange at the close of business on or about Dec. 30, 2026. Purpose regularly reviews its fund offerings to ensure each offering is appropriately scaled, cost-effective and economically viable for investors. As part of its latest review, a decision was made to terminate the fund due to its relatively small size, which has made it challenging to manage the fund efficiently in accordance with its stated investment objectives.

Holders of mutual fund units will have the option to redeem their units at net asset value on or prior to the termination date. There will be no fees or redemption charges applicable to such redemptions. Holders of ETF units may continue to trade and sell such units on the TSX until the delisting date.

All units not redeemed prior to 4 p.m. EDT on the termination date will be automatically redeemed at net asset value, with proceeds either deposited into the unitholder's account or a cheque mailed directly to the unitholder or to their dealer, nominee or intermediary, as applicable.

If required, a final distribution for the fund will occur on or about the termination date.

Unitholders of record as of the date hereof will be sent a written notice regarding the termination of the fund.

There may be tax implications for unitholders with respect to any disposition of units. Purpose strongly urges unitholders to contact their financial advisers to discuss the financial and tax implications associated with a redemption of units and the termination of the fund.

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