Purpose Investments Launches ETF Series of Canada’s First Structured Equity Yield Fund (TSX: PSY)

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeGlobeNewswireThis section is The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Purpose Investments Launches ETF Series of Canada's First Structured Equity Yield Fund (TSX: PSY)Author of the article: You can save this article by registering for free here. Or sign-in if you have an account.TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose Investments”) today listed a new ETF series of the Purpose Structured Equity Yield Fund (the “Fund” and “PSY”), which begins trading today on the Toronto Stock Exchange (TSX) under the ticker PSY. This ETF provides investors with exposure to a broad portfolio of North American and global securities through an actively managed strategy to generate income with contingent downside protection. The initial distribution is targeted at approximately 6.4% per annum on the initial price of the ETF shares.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountCanadian investors are increasingly looking for investments that pay a steady income while providing contingent downside protection against market declines. Achieving this usually has meant buying separate products and tracking each one. PSY brings these elements together to deliver the same outcome in one professionally managed fund with exposure across global markets, without the complexity.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againPurpose Investments was the first in Canada to launch a fund with this strategy, which is designed to generate attractive income while providing contingent downside protection against moderate market declines. The Purpose structured equity family of funds has since grown to more than $2.1 billion in assets under management.“Purpose has always set out to be first where it matters to clients. When we launched this strategy in 2019, it was the first of its kind in Canada, and it has proven itself through very different markets over time. The ETF series is the natural next step: taking something we’ve built and tested and making it available to more investors, in the format they prefer,” said Vlad Tasevski, Chief Innovation Officer, Purpose Investments.“Our role is to manage this strategy actively through every kind of market — adjusting the fund’s positions as conditions change to keep the income and the protection working together,” said Jason Chen, Portfolio Manager, Systematic Investing at Purpose Investments. “The ETF series makes the fund easier to own.”First of its kind ETF series in Canada: PSY provides investors with easy access to income with contingent downside protection in a single fund. The fund is diversified across global reference indices and maturities, with daily liquidity listed on the TSX.Targets stable distributions: An actively managed, derivative-based strategy designed to generate attractive monthly income while protecting against moderate market declines, diversified across global reference indices and maturities.Tax-efficient income: The Fund’s corporate class structure allows it to pay monthly distributions as capital gains rather than ordinary income, helping investors keep more of what they earn.About Purpose InvestmentsPurpose Investments is an asset management company with more than $32 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.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Keera HartKeera.Hart@earnscliffe.ca905-580-1257Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the Fund’s prospectus and other disclosure documents before investing. There can be no assurance that the full amount of your investment in the Fund will be returned to you. If securities of the Fund 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. The Fund does not have a fixed distribution amount and distributions are not guaranteed. The amount of cash distributions, if any, will be set at Purpose Investment’s sole discretion and may be based on Purpose Investment’s assessment of the prevailing market conditions, the Fund’s ability to generate sufficient levels of distributable cash and any other factors that Purpose Investments, in its discretion, may deem relevant.Certain statements in this document may be forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.

Original Source

Read the full article at Financialpost →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.