TORONTO, Sept. 06, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) today announced changes to the risk ratings for 16 public investment funds under its management (collectively, the “Funds”). These changed risk ratings have been determined in accordance with the standardized risk classification methodology mandated by the Canadian Securities Administrators. In the course of internal reviews, Purpose noted that the Funds have been inadvertently reporting incorrect risk ratings. Effective immediately, the new risk ratings of the Funds are set out in the table below.
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