Purpose Investments Announces Launch of Innovative Fund to Give Investors Convenient and Affordable Access to Physical Gold Bullion
Purpose Investments, Inc. (“Purpose”) is pleased to announce the launch of Purpose Gold Bullion Fund (“the Fund”), a low-cost way for investors to access physical gold through an exchange-traded fund. The Fund is offered in three ETF versions: Canadian dollar hedged (KILO), Canadian dollar non-hedged (KILO.B) and US dollar denominated (KILO.U). It is also available as an F-class mutual fund on Fundserv (PFC3701). Purpose has completed the initial public offering of ETF shares and the Fund will commence trading on the Toronto Stock Exchange today under the ticker symbol “KILO.”