Ms. Keera Hart reports
PURPOSE INVESTMENTS ANNOUNCES CHANGE OF INVESTMENT OBJECTIVE FOR CERTAIN FUNDS AND IMPLEMENTATION OF STAKING IN PURPOSE ETHER ETF
Purpose Investments Inc. will proceed with changing the investment objectives for Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF to permit the use of leverage through cash borrowing of up to 33 per cent of the respective fund's unlevered net asset value, after receiving approval for such change at an adjourned meeting of unitholders of each fund held on Oct. 31, 2025. The change of investment objectives for each fund is expected to take place in early December, 2025.
Purpose Investments additionally announced today that it will begin staking the ether in the portfolio of Purpose Ether ETF on or about Dec. 5, 2025, enabling the fund to earn additional yield through ethereum's proof-of-stake mechanism. This initiative reflects Purpose's commitment to innovation and delivering enhanced value for investors. In connection with the commencement of staking, Purpose will begin to charge a fee to Purpose Ether ETF. The implementation of the staking service fee was approved by unitholders of Purpose Ether ETF at an adjourned meeting of unitholders of the fund held on Oct. 31, 2025.
Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the prospectus can be obtained from the Purpose website. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Fund distributions and their frequency are not guaranteed and may vary at the sole discretion of Purpose Investments.
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