The purpose of this fund

An equally weighted portfolio of Canada's 'Big-Six' banks through Class A and Preferred shares issued by the corporation.

• •Equal weight exposure to Canada’s Big-Six banks through split share structure
• •Active covered-call writing strategy on up to 30% to enhance income and reduce volatility
• •Preferred Shares: attractive income stream with 6% coupon and high asset coverage ratio
• •Class A Shares: opportunity for greater upside participation relative to holding the portfolio directly

Equal weighted exposure to Canada’s Big-Six Banks enhanced with covered calls through a split share structure.

Class A Shares: To provide holders with regular monthly cash distributions targeting a yield of 8.0% per year (based on the issue price of the Class A Shares) To provide holders the opportunity for capital appreciation.

Preferred Shares: To provide holders with 6% fixed coupon cumulative preferential monthly cash distributions.

Managed by -

Purpose Investments