Purpose Investments - CEO, Som Seif
CEO, Som Seif
Source: Purpose Investments
  • Purpose Investments (BDIC) has launched the Black Diamond Impact Core Equity Fund
  • Black Diamond Impact Core Equity Fund will begin trading today on the Toronto Stock Exchange under the ticker BDIC
  • Black Diamond Impact Core Equity Fund opened trading at $20.00 per share
  • The Fund offers diverse exposure across equity securities of companies all around the world
  • The Fund’s investment objectives are to provide unit-holders with long-term capital growth and current income
  • Purpose Investments Inc. is an asset management company with approximately $12 billion in assets under management

Purpose Investments (BDIC) has introduced the Black Diamond Impact Core Equity Fund.

Black Diamond Impact Core Equity Fund will begin trading today, July 12, 2022, on the Toronto Stock Exchange under the ticker BDIC.

Having closed the offering of the initial units of the Fund, Purpose Investments is offering investors a new global equity fund with ETF units, Class A, Class F, and Class I units.

The company believes that Black Diamond Impact Core Equity Fund offers diverse exposure across equity securities of companies all around the world that demonstrate a forward-looking sensitivity to environmental, social, and governance factors.

The fund’s investment objectives are to provide unit-holders with long-term capital growth and current income.

Under this mandate, the portfolio management team will carefully assess opportunities by analyzing governance structures, stakeholder alignment, incentives, and capital allocation.

The sub-advisor for this Fund is Black Diamond Asset Management Inc.

Purpose Investments Inc. is an asset management company with approximately $12 billion in assets under management.

Black Diamond Impact Core Equity Fund opened trading at $20.00 per share.

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