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Purpose Investments Announces New Fund Name and New Investment Strategy for Purpose International Enhanced Equity Income Fund (formerly, Purpose International Tactical Hedged Equity Fund)

The new fund strategy aims to provide investors with attractive monthly income while providing exposure to a diversified portfolio of international companies

TORONTO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose Investments”) has updated the investment strategy of the previously named Purpose International Tactical Hedged Equity Fund (TSX: PHW) (the “Fund”). The investment objective of the Fund remains unchanged. In conjunction with the change of investment strategy, the name of the Fund has also been changed to Purpose International Enhanced Equity Income Fund. The portfolio management team, fund codes, ticker and risk rating, which is low to medium, will remain unchanged. Purpose will continue as the investment manager of the Fund and Neuberger Berman Canada (“Neuberger”) as sub-advisor of the Fund.

Under the new investment strategy, the Fund aims to provide investors with attractive monthly income through an active covered call strategy and selective cash-covered puts, designed to capture premiums while maintaining exposure to market upside.

The key benefits of the new strategy include:

  • Enhanced Monthly Income: The strategy is designed to provide attractive monthly income from a covered call strategy on up to 50% of the portfolio with selective use of cash-covered puts.
  • Core International Exposure: The strategy complements and diversifies equity exposure by actively selecting international stocks from developed markets outside of North America.
  • Tax-efficiency: The Fund will continue to provide tax-efficient returns from its corporate class structure.

“Many investors remain heavily concentrated in North American markets,” said Frank Maeba, Senior Portfolio Manager at Neuberger. “Yet, some of the most compelling opportunities today lie abroad. Valuations in Europe and Asia remain attractive, dividend yields are strong, and companies are benefiting from global supply chain realignments and regional growth catalysts. By combining these equities with an active income overlay, we can help investors capture both higher yields and international diversification.”

For more information about Purpose International Enhanced Equity Income Fund, please visit: https://www.purposeinvest.com/funds/purpose-international-enhanced-equity-income-fund

About Purpose Investments 

Purpose Investments is an asset management company with approximately $27 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment 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 email us at info@purposeinvest.com 

Media inquiries: 
Keera Hart 
keera.hart@kaiserpartners.com 
905-580-1257 

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 purposeinvest.com. 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. 

Certain statements in this document may be forward-looking. Forward-looking statements ("FLS") are statements that are predictive in nature, depend on or refer to future events or conditions, or include words such as "may," "will," "should," "could," "expect," "anticipate," "intend," "plan," "believe," "estimate" or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise. 


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