PR Newswire | Sep 29, 2021 11:00AM EDT

09/29 10:00 CDT

Purpose Investments Virtually Opens the Market TORONTO, Sept. 29, 2021

TORONTO, Sept. 29, 2021 /CNW/ - Som Seif, Chief Executive Officer and Founder of Purpose Investments Inc. ("Purpose Investments" or "Purpose"); Sandy Liang, Head of Fixed Income and Portfolio Manager at Purpose; and their team joined Keith Wu, Head, ETF Customer Success, TMX Group to celebrate the launch of the Purpose Credit Opportunities ETF (TSX: CROP) and open the market.

Since its inception in 2013, the Fund has had an incredible track record, winning first-place at the Canadian Hedge Fund Awards for three straight years for best one- (2018), three- (2020), and five-year (2019) returns. The Fund combines active, bottom-up credit research with risk management through the use of various hedging tools to generate income while reducing volatility without the use of leverage.

Purpose is an asset management company with more than $12 billion in assets under management. Purpose has an unrelenting focus on client-centric innovation, offering a range of managed and quantitative investment products. Purpose is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent, technology-driven financial services platform which is reshaping the industry by connecting and creating opportunities across asset management, wealth management and small business financial services.

For Market Openings:Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 (SD-SDI) and is produced at the TMX Broadcast Centre and sent live to the TOC. To pick up the feed via the Dejero network, please contact avservices@tmx.com. The client feature video will begin playing on the TMX media wall at approximately 9:27 a.m. ET and the markets will open with the sound of a siren at 9:30 a.m. ET.

Date: Wednesday, September 29, 2021

Time: 9:00am - 9:30am

Place: Virtually Broadcast

SOURCE Toronto Stock Exchange