PURPOSE GLOBAL FLEXIBLE CREDIT FUND - CAD HEDGED

The ETF invests to generate current income and preserve capital by investing primarily in floating rate debt securities, short-term debt securities, high yield debt securities and asset-backed and mortgage-backed securities. The manager intends to hedge substantially all of the value of the portfolio that is attributed to the ETF units and denominated in U.S. dollars or any other currencies other than the Canadian dollar back to the Canadian dollar.