Purpose Investments Files for Actively Managed Global Equity ETF (PAEF)

Purpose Investments has filed to launch the Purpose Active Equity Fund ETF Shares (PAEF CN), an actively managed fund seeking long-term capital growth through a diversified portfolio of global equities. The strategy will allocate investments across different geographical markets, using long-term asset class returns and volatility to guide portfolio construction. The fund will carry a management fee of 0.20%, offering investors access to an actively managed global equity strategy.