Purpose Investments Inc. (“Purpose Investments”) today announced that effective as of November 30, 2022, it has completed the previously announced redesignation of all of the issued and outstanding Canadian dollar denominated ETF non-currency hedged carbon offset units (the “ETF Carbon Offset units”) of Purpose Ether ETF (the “Purpose Fund”). Each ETF Carbon Offset unit was redesignated into 0.49707  Canadian dollar denominated ETF non-currency hedged units (“ETF units”) of the Purpose Fund based on the relative net asset value per unit of each class of the Purpose Fund on November 29, 2022. No fractional ETF units were issued in connection with the redesignation.

About Purpose Investments

Purpose Investments Inc. is an asset management company with approximately $14 billion in assets under management. Purpose has an unrelenting focus on client-centric innovation, and offers a range of outcome-focused products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

For further information please contact:

Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. 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.