PURPOSE TACTICAL HEDGED EQUITY FUND (CAD) PHE.CA

Purpose Tactical Hedged Equity Fund is an actively managed equity hedge strategy that combines a U.S. stock-selection mandate with a dynamic hedging overlay. The fund's objective is growth with reduced downside risk in falling markets, achieved by selecting high-quality U.S. equities via a fundamental rules-based, multi-factor framework and implementing an options-based hedge to protect against significant market declines.

The stock selection process emphasises factors such as fundamental change, valuation, growth, and quality among U.S.-listed equities, seeking to differentiate strong from weak performers.

The hedging component (options-based) is designed to provide material protection during downturns while limiting drag during rising markets. The fund is offered by Purpose Investments Inc., with sub-advising by Neuberger Berman.

It is structured as an exchange-traded fund (ETF) in Canada (and corporate/mutual fund share classes under its prospectus) where multiple share classes exist; the investment strategy and objectives are common across them all.