Purpose Investments Launches US Dividend Fund


    Purpose Investments Inc. has launched a U.S. dividend fund. The initial public offering of the currency hedged ETF units and non-currency hedged ETF units has closed and the ETF units have commenced trading on the Toronto Stock Exchange under the ticker symbols PUD (currency hedged) and PUD.B (non-currency hedged). Som Seif, its president and chief executive officer, says “For Canadians seeking to increase their exposure to the U.S. economy, this fund is composed entirely of high-quality dividend-paying U.S. equities.”