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ETF FACTS

PURPOSE INVESTMENTS INC.


PURPOSE BITCOIN ETF – ETF UNIT
February 11, 2021
This document contains key information you should know about the Purpose Bitcoin ETF. You can find more details about
this exchange traded fund (ETF) in its prospectus. Ask your representative for a copy, contact Purpose Investments Inc. at
info@purposeinvest.com, or by calling 1-877-789-1517 or visit www.purposeinvest.com.

Before you invest, consider how the ETF would work with your other investments and your tolerance for risk.

This ETF is an alternative mutual fund. It is permitted to invest in asset classes or use investment strategies that are
not permitted for other types of mutual funds. The specific strategies that differentiate this fund from conventional mutual
funds may include the: ability to borrow cash to use for investment purposes and increased ability to invest in physical
commodities. While these specific strategies will be used in accordance with the fund's investment objectives and
strategies, during certain market conditions they may accelerate the pace at which your investment decreases in value.

The ETF invests in bitcoin. Given the speculative nature of bitcoin and the volatility of the bitcoin markets, there is
considerable risk that the ETF will not be able to meet its investment objectives. An investment in the ETF is not
intended as a complete investment program and is appropriate only for investors who have the capacity to absorb a
loss of some or all of their investment.

QUICK FACTS
Date ETF started: February 11, 2021 Fund Manager: Purpose Investments Inc.

Total Value of Fund on February This information is not Portfolio Manager: Purpose Investments Inc.
11, 2021: available as this class
of the ETF is new

Management Expense Ratio This information is not Distributions: Annually, if any


(MER): available as this class
of the ETF is new

TRADING INFORMATION PRICING INFORMATION


(12 MONTHS ENDING FEBRUARY 11, 2021) (12 MONTHS ENDING FEBRUARY 11, 2021)
Ticker Symbol: BTCC Market price: This information is not available
as this class of the ETF is new
Exchange: Toronto Stock Exchange Net asset value (NAV): This information is not available
as this class of the ETF is new
Currency: CAD Average bid-ask spread: This information is not available
as this class of the ETF is new

Average daily volume: This information is not


available as this class of the
ETF is new
Number of days traded: This information is not
available as this class of the
ETF is new

WHAT DOES THE ETF INVEST IN?


The ETF seeks to replicate the performance of price of bitcoin, less the ETF’s fees and expenses. The ETF will not
speculate with regard to short-term changes in bitcoin prices.
Top 10 Investments (February 11, 2021) Investment Mix (February 11, 2021)
This information is not available because this ETF is new. This information is not available because this ETF is new.

Page 1
ETF FACTS
PURPOSE INVESTMENTS INC.
PURPOSE BITCOIN ETF – ETF UNIT
February 11, 2021
HOW RISKY IS IT?
The value of the ETF can go down as well as up. You can AVERAGE RETURN
lose money. This section shows the value and annual compounded
rate of return of a hypothetical $1,000 investment in units
One way to gauge risk is to look at how much an ETF’s of the ETF. However, this information is not available
returns change over time. This is called “volatility”. because this class of the ETF is new.
In general, ETFs with higher volatility will have returns that
change more over time. They typically have a greater TRADING ETFS
chance of losing money and may have a greater chance ETFs hold a basket of investments, like mutual funds, but
of higher returns. ETFs with lower volatility tend to have trade on exchanges like stocks. Here are a few things to
returns that change less over time. They typically have keep in mind when trading ETFs:
lower returns and may have a lower chance of losing
money. PRICING
ETFs have two sets of prices: market price and net asset
RISK RATING value (NAV).
Purpose Investments Inc. has rated the volatility of this
ETF as high. MARKET PRICE
• ETFs are bought and sold on exchanges at the
Because this is a new ETF, the risk rating is only an market price. The market price can change
estimate by the manager. Generally, the rating is throughout the trading day. Factors like supply,
based on how much the ETF’s returns have
changed from year to year. It doesn’t tell you how demand and changes in the value of an ETF’s
volatile the ETF will be in the future. The rating can investments can affect the market price.
change over time. An ETF with a low risk rating can still • You can get price quotes any time during the trading
lose money. day. Quotes have two parts: bid and ask.
• The bid is the highest price a buyer is willing to pay if
you want to sell your ETF units. The ask is the lowest
price a seller is willing to accept if you want to buy
ETF units. The difference between the two is called
For more information about the risk rating and specific
the “bid-ask spread”.
risks that can affect the ETF’s returns, see the sections
entitled “What are the risks of investing in the fund?” and • In general, a smaller bid-ask spread means the ETF
“Who should invest in this fund?” in the ETF’s prospectus. is more liquid. That means you are more likely to get
the price you expect.
NO GUARANTEES
ETFs do not have any guarantees. You may not get back NET ASSET VALUE (NAV)
the amount of money you invest. • Like mutual funds, ETFs have a NAV. It is calculated
after the close of each trading day and reflects the
value of an ETF’s investments at that point in time.
HOW HAS THE ETF PERFORMED?
This section tells you how units of the ETF have • NAV is used to calculate financial information for
performed, with returns calculated using the ETF’s net reporting purposes – like the returns shown in this
asset value (NAV). However, this information is not document.
available because this class of the ETF is new.
ORDERS
YEAR-BY-YEAR RETURNS There are two main options for placing trades: market
This section tells you how units of the ETF have orders and limit orders. A market order lets you buy or sell
performed in past calendar years. However, this units at the current market price. A limit order lets you set
information is not available because this class of the the price at which you are willing to buy or sell units.
ETF is new.
TIMING
In general, market prices of ETFs can be more volatile
BEST AND WORST 3-MONTH RETURNS
around the start and end of the trading day. Consider
This section shows the best and worst returns for the
using a limit order or placing a trade at another time during
units of the ETF in a 3-month period. However, this
the trading day.
information is not available because this class of the
ETF is new.

Page 2
ETF FACTS
PURPOSE INVESTMENTS INC.
PURPOSE BITCOIN ETF – ETF UNIT
February 11, 2021
WHO IS THIS ETF FOR?
Investors who: WHAT IF I CHANGE MY MIND?
• want capital growth over the long term; Under securities law in some provinces and territories,
• seek an attractive risk-adjusted rate of return; you have:
• are investing for the long term; • the right to cancel your purchase within 48 hours after
• can tolerate high risk. you receive confirmation of the purchase; and
• the right to cancel a purchase, or in some
Don’t buy this ETF if you need a steady source of jurisdictions, claim damages, if the prospectus, the
income from your investment. ETF Facts or financial statements contain a
misrepresentation. You must act within the time limit
A WORD ABOUT TAX set by the securities law in your province or territory.
In general, you’ll have to pay income tax on any money
you make on an ETF. How much you pay depends on the For more information, see the securities law of your
tax laws where you live and whether or not you hold the province or territory or ask a lawyer.
ETF in a registered plan such as a Registered Retirement
Savings Plan, or a Tax-Free Savings Account. FOR MORE INFORMATION
Contact Purpose Investments Inc. or your representative
Keep in mind that if you hold your ETF in a non-registered for a copy of the ETF’s prospectus and other disclosure
account, distributions from the ETF are included in your documents. These documents and the ETF Facts make
taxable income, whether you get them in cash or have up the ETF’s legal documents.
them reinvested.
Purpose Investments Inc.
HOW MUCH DOES IT COST? 130 Adelaide St. W
This section shows the fees and expenses you could pay Suite 3100
to buy, own and sell units of the ETF. Fees and expenses P.O. Box 109
— including trailing commissions — can vary among Toronto, ON M5H 3P5
ETFs. Higher commissions can influence representatives T: 416.583.3850
to recommend one investment over another. Ask about TF: 877.789.1517
other ETFs and investments that may be suitable for you F: 416.583.3851
at a lower cost. www.purposeinvest.com
1. BROKERAGE COMMISSIONS
You may have to pay a commission every time you buy
and sell units of the ETF. Commissions may vary by
brokerage firm. Some brokerage firms may offer
commission-free ETFs or require a minimum purchase
amount.

2. ETF EXPENSES
You don’t pay these expenses directly. They affect you
because they reduce the ETF’s returns. The ETF’s
expenses are made up of the management fee, operating
expenses and trading costs. The ETF unit’s annual
management fee is 1.00% of the class’ value. As this ETF
is new, operating expenses and trading costs are not yet
available.

TRAILING COMMISSIONS
The trailing commission is an ongoing commission. It
is paid for as long as you own the ETF. It is for the
services and advice that your representative and their
firm provide to you.
This ETF doesn’t have a trailing commission.

Page 3
ETF FACTS
PURPOSE INVESTMENTS INC.
PURPOSE BITCOIN ETF – CAD ETF Non-currency Hedged
Units
February 11, 2021

This document contains key information you should know about the Purpose Bitcoin ETF. You can find more details about
this exchange traded fund (ETF) in its prospectus. Ask your representative for a copy, contact Purpose Investments Inc. at
info@purposeinvest.com, or by calling 1-877-789-1517 or visit www.purposeinvest.com.

Before you invest, consider how the ETF would work with your other investments and your tolerance for risk.

This ETF is an alternative mutual fund. It is permitted to invest in asset classes or use investment strategies that are
not permitted for other types of mutual funds. The specific strategies that differentiate this fund from conventional mutual
funds may include the: ability to borrow cash to use for investment purposes and increased ability to invest in physical
commodities. While these specific strategies will be used in accordance with the fund's investment objectives and
strategies, during certain market conditions they may accelerate the pace at which your investment decreases in value.

The ETF invests in bitcoin. Given the speculative nature of bitcoin and the volatility of the bitcoin markets, there is
considerable risk that the ETF will not be able to meet its investment objectives. An investment in the ETF is not
intended as a complete investment program and is appropriate only for investors who have the capacity to absorb a
loss of some or all of their investment.

QUICK FACTS
Date ETF started: February 11, 2021 Fund Manager: Purpose Investments Inc.

Total Value of Fund on February This information is not Portfolio Manager: Purpose Investments Inc.
11, 2021: available as this class
of the ETF is new

Management Expense Ratio This information is not Distributions: Annually, if any


(MER): available as this class
of the ETF is new

TRADING INFORMATION PRICING INFORMATION


(12 MONTHS ENDING FEBRUARY 11, 2021) (12 MONTHS ENDING FEBRUARY 11, 2021)
Ticker Symbol: BTCC.B Market price: This information is not available
as this class of the ETF is new
Exchange: Toronto Stock Exchange Net asset value (NAV): This information is not available
as this class of the ETF is new
Currency: CAD Average bid-ask spread: This information is not available
as this class of the ETF is new
Average daily volume: This information is not
available as this class of the
ETF is new
Number of days traded: This information is not
available as this class of the
ETF is new

WHAT DOES THE ETF INVEST IN?


The ETF seeks to replicate the performance of price of bitcoin, less the ETF’s fees and expenses. The ETF will not
speculate with regard to short-term changes in bitcoin prices.
Top 10 Investments (February 11, 2021) Investment Mix (February 11, 2021)
This information is not available because this ETF is new. This information is not available because this ETF is new.

Page 1
ETF FACTS
PURPOSE INVESTMENTS INC.
PURPOSE BITCOIN ETF – CAD ETF Non-currency Hedged
Units
February 11, 2021
HOW RISKY IS IT? month period. However, this information is not available
The value of the ETF can go down as well as up. You can because the ETF is new.
lose money.

One way to gauge risk is to look at how much an ETF’s AVERAGE RETURN
returns change over time. This is called “volatility”. This section shows the value and annual compounded
In general, ETFs with higher volatility will have returns that rate of return of a hypothetical $1,000 investment in CAD
change more over time. They typically have a greater ETF non-currency hedged units of the ETF. However,
chance of losing money and may have a greater chance this information is not available because the ETF is new.
of higher returns. ETFs with lower volatility tend to have
returns that change less over time. They typically have TRADING ETFS
lower returns and may have a lower chance of losing ETFs hold a basket of investments, like mutual funds, but
money. trade on exchanges like stocks. Here are a few things to
keep in mind when trading ETFs:
RISK RATING
Purpose Investments Inc. has rated the volatility of this PRICING
ETF as high. ETFs have two sets of prices: market price and net asset
value (NAV).
Because this is a new ETF, the risk rating is only an
estimate by the manager. Generally, the rating is MARKET PRICE
based on how much the ETF’s returns have • ETFs are bought and sold on exchanges at the
changed from year to year. It doesn’t tell you how market price. The market price can change
volatile the ETF will be in the future. The rating can throughout the trading day. Factors like supply,
change over time. An ETF with a low risk rating can still demand and changes in the value of an ETF’s
lose money.
investments can affect the market price.
• You can get price quotes any time during the trading
day. Quotes have two parts: bid and ask.
• The bid is the highest price a buyer is willing to pay if
For more information about the risk rating and specific you want to sell your CAD ETF non-currency hedged
risks that can affect the ETF’s returns, see the sections units. The ask is the lowest price a seller is willing to
entitled “What are the risks of investing in the fund?” and accept if you want to buy ETF units. The difference
“Who should invest in this fund?” in the ETF’s prospectus. between the two is called the “bid-ask spread”.
• In general, a smaller bid-ask spread means the ETF
NO GUARANTEES is more liquid. That means you are more likely to get
ETFs do not have any guarantees. You may not get back the price you expect.
the amount of money you invest.
NET ASSET VALUE (NAV)
HOW HAS THE ETF PERFORMED? • Like mutual funds, ETFs have a NAV. It is calculated
This section tells you how CAD ETF non-currency after the close of each trading day and reflects the
hedged units of the ETF have performed, with returns value of an ETF’s investments at that point in time.
calculated using the ETF’s net asset value (NAV). • NAV is used to calculate financial information for
However, this information is not available because the reporting purposes – like the returns shown in this
ETF is new. document.

YEAR-BY-YEAR RETURNS ORDERS


There are two main options for placing trades: market
This section tells you how CAD ETF non-currency
orders and limit orders. A market order lets you buy or sell
hedged units of the ETF have performed in past units at the current market price. A limit order lets you set
calendar years. However, this information is not the price at which you are willing to buy or sell units.
available because the ETF is new.
TIMING
BEST AND WORST 3-MONTH RETURNS In general, market prices of ETFs can be more volatile
This section shows the best and worst returns for the around the start and end of the trading day. Consider
CAD ETF noncurrency hedged units of the ETF in a 3-
Page 2
ETF FACTS
PURPOSE INVESTMENTS INC.
PURPOSE BITCOIN ETF – CAD ETF Non-currency Hedged
Units
February 11, 2021
using a limit order or placing a trade at another time during expenses are made up of the management fee,
the trading day. operating expenses and trading costs. The CAD ETF
non-currency hedged unit’s annual management fee is
WHO IS THIS ETF FOR? 1.00% of the class’ value. As this ETF is new, operating
Investors who: expenses and trading costs are not yet available.
• want capital growth over the long term;
• seek an attractive risk-adjusted rate of return; TRAILING COMMISSIONS
• are investing for the long term; The trailing commission is an ongoing commission. It
• can tolerate high risk. is paid for as long as you own the ETF. It is for the
services and advice that your representative and their
firm provide to you.
Don’t buy this ETF if you need a steady source of
income from your investment. This ETF doesn’t have a trailing commission.

A WORD ABOUT TAX


In general, you’ll have to pay income tax on any money WHAT IF I CHANGE MY MIND?
you make on an ETF. How much you pay depends on the Under securities law in some provinces and territories,
tax laws where you live and whether or not you hold the you have:
ETF in a registered plan such as a Registered Retirement • the right to cancel your purchase within 48 hours after
Savings Plan, or a Tax-Free Savings Account. you receive confirmation of the purchase; and
• the right to cancel a purchase, or in some
Keep in mind that if you hold your ETF in a non-registered jurisdictions, claim damages, if the prospectus, the
account, distributions from the ETF are included in your ETF Facts or financial statements contain a
taxable income, whether you get them in cash or have misrepresentation. You must act within the time limit
them reinvested. set by the securities law in your province or territory.

HOW MUCH DOES IT COST? For more information, see the securities law of your
This section shows the fees and expenses you could pay province or territory or ask a lawyer.
to buy, own and sell CAD non-hedged units of the ETF.
Fees and expenses — including trailing commissions — FOR MORE INFORMATION
can vary among ETFs. Higher commissions can influence Contact Purpose Investments Inc. or your representative
representatives to recommend one investment over for a copy of the ETF’s prospectus and other disclosure
another. Ask about other ETFs and investments that may documents. These documents and the ETF Facts make
be suitable for you at a lower cost. up the ETF’s legal documents.
Purpose Investments Inc.
1. BROKERAGE COMMISSIONS 130 Adelaide St. W
You may have to pay a commission every time you buy Suite 3100
and sell CAD non-hedged units of the ETF. Commissions P.O. Box 109
may vary by brokerage firm. Some brokerage firms may Toronto, ON M5H 3P5
offer commission-free ETFs or require a minimum
purchase amount. T: 416.583.3850
TF: 877.789.1517
2. ETF EXPENSES F: 416.583.3851
You don’t pay these expenses directly. They affect you www.purposeinvest.com
because they reduce the ETF’s returns. The ETF’s

Page 3
ETF FACTS
PURPOSE INVESTMENTS INC.
PURPOSE BITCOIN ETF – USD ETF Non-currency Hedged
Units
February 11, 2021
This document contains key information you should know about the Purpose Bitcoin ETF. You can find more details about
this exchange traded fund (ETF) in its prospectus. Ask your representative for a copy, contact Purpose Investments Inc. at
info@purposeinvest.com, or by calling 1-877-789-1517 or visit www.purposeinvest.com.

Before you invest, consider how the ETF would work with your other investments and your tolerance for risk.

This ETF is an alternative mutual fund. It is permitted to invest in asset classes or use investment strategies that are
not permitted for other types of mutual funds. The specific strategies that differentiate this fund from conventional mutual
funds may include the: ability to borrow cash to use for investment purposes and increased ability to invest in physical
commodities. While these specific strategies will be used in accordance with the fund's investment objectives and
strategies, during certain market conditions they may accelerate the pace at which your investment decreases in value.

The ETF invests in bitcoin. Given the speculative nature of bitcoin and the volatility of the bitcoin markets, there is
considerable risk that the ETF will not be able to meet its investment objectives. An investment in the ETF is not
intended as a complete investment program and is appropriate only for investors who have the capacity to absorb a
loss of some or all of their investment.

QUICK FACTS
Date ETF started: February 11, 2021 Fund Manager: Purpose Investments Inc.

Total Value of Fund on February This information is not Portfolio Manager: Purpose Investments Inc.
11, 2021: available as this class
of the ETF is new

Management Expense Ratio This information is not Distributions: Annually, if any


(MER): available as this class
of the ETF is new

TRADING INFORMATION PRICING INFORMATION


(12 MONTHS ENDING FEBRUARY 11, 2021) (12 MONTHS ENDING FEBRUARY 11, 2021)
Ticker Symbol: BTCC.U Market price: This information is not available
as this class of the ETF is new
Exchange: Toronto Stock Exchange Net asset value (NAV): This information is not available
as this class of the ETF is new
Currency: USD Average bid-ask spread: This information is not available
as this class of the ETF is new

Average daily volume: This information is not


available as this class of the
ETF is new
Number of days traded: This information is not
available as this class of the
ETF is new

WHAT DOES THE ETF INVEST IN?


The ETF seeks to replicate the performance of price of bitcoin, less the ETF’s fees and expenses. The ETF will not
speculate with regard to short-term changes in bitcoin prices.
Top 10 Investments (February 11, 2021) Investment Mix (February 11, 2021)
This information is not available because this ETF is new. This information is not available because this ETF is new.

Page 1
ETF FACTS
PURPOSE INVESTMENTS INC.
PURPOSE BITCOIN ETF – USD ETF Non-currency Hedged
Units
February 11, 2021
HOW RISKY IS IT? period. However, this information is not available
The value of the ETF can go down as well as up. You can because this class of the ETF is new.
lose money.
AVERAGE RETURN
One way to gauge risk is to look at how much an ETF’s This section shows the value and annual compounded
returns change over time. This is called “volatility”. rate of return of a hypothetical $1,000 investment in USD
In general, ETFs with higher volatility will have returns that non-currency hedged units of the ETF. However, this
change more over time. They typically have a greater information is not available because this class of the
chance of losing money and may have a greater chance ETF is new.
of higher returns. ETFs with lower volatility tend to have
returns that change less over time. They typically have TRADING ETFS
lower returns and may have a lower chance of losing ETFs hold a basket of investments, like mutual funds, but
money. trade on exchanges like stocks. Here are a few things to
keep in mind when trading ETFs:
RISK RATING
Purpose Investments Inc. has rated the volatility of this PRICING
ETF as high. ETFs have two sets of prices: market price and net asset
value (NAV).
Because this is a new ETF, the risk rating is only an
estimate by the manager. Generally, the rating is MARKET PRICE
based on how much the ETF’s returns have
changed from year to year. It doesn’t tell you how • ETFs are bought and sold on exchanges at the
volatile the ETF will be in the future. The rating can market price. The market price can change
change over time. An ETF with a low risk rating can still throughout the trading day. Factors like supply,
lose money. demand and changes in the value of an ETF’s
investments can affect the market price.
• You can get price quotes any time during the trading
day. Quotes have two parts: bid and ask.
For more information about the risk rating and specific • The bid is the highest price a buyer is willing to pay if
you want to sell your USD ETF non-currency hedged
risks that can affect the ETF’s returns, see the sections
units. The ask is the lowest price a seller is willing to
entitled “What are the risks of investing in the fund?” and
accept if you want to buy USD ETF non-currency
“Who should invest in this fund?” in the ETF’s prospectus.
hedged units. The difference between the two is
called the “bid-ask spread”.
NO GUARANTEES
ETFs do not have any guarantees. You may not get back • In general, a smaller bid-ask spread means the ETF
the amount of money you invest. is more liquid. That means you are more likely to get
the price you expect.
HOW HAS THE ETF PERFORMED?
NET ASSET VALUE (NAV)
This section tells you how USD ETF non-currency
• Like mutual funds, ETFs have a NAV. It is calculated
hedged units of the ETF have performed, with returns
after the close of each trading day and reflects the
calculated using the ETF’s net asset value (NAV).
value of an ETF’s investments at that point in time.
However, this information is not available because the
ETF is new. • NAV is used to calculate financial information for
reporting purposes – like the returns shown in this
YEAR-BY-YEAR RETURNS document.
This section tells you how units of the USD non-currency
hedged units of the ETF have performed in past ORDERS
calendar years. However, this information is not There are two main options for placing trades: market
available because this class of the ETF is new. orders and limit orders. A market order lets you buy or sell
units at the current market price. A limit order lets you set
BEST AND WORST 3-MONTH RETURNS the price at which you are willing to buy or sell units.
This section shows the best and worst returns for the
USD non-currency hedged units of the ETF in a 3-month

Page 2
ETF FACTS
PURPOSE INVESTMENTS INC.
PURPOSE BITCOIN ETF – USD ETF Non-currency Hedged
Units
February 11, 2021
TIMING
In general, market prices of ETFs can be more volatile TRAILING COMMISSIONS
around the start and end of the trading day. Consider The trailing commission is an ongoing commission. It
using a limit order or placing a trade at another time during is paid for as long as you own the ETF. It is for the
the trading day. services and advice that your representative and their
firm provide to you.
WHO IS THIS ETF FOR? This ETF doesn’t have a trailing commission.
Investors who:
• want capital growth over the long term;
• seek an attractive risk-adjusted rate of return; WHAT IF I CHANGE MY MIND?
• are investing for the long term; Under securities law in some provinces and territories,
• can tolerate high risk. you have:
• the right to cancel your purchase within 48 hours after
Don’t buy this ETF if you need a steady source of you receive confirmation of the purchase; and
income from your investment. • the right to cancel a purchase, or in some
jurisdictions, claim damages, if the prospectus, the
A WORD ABOUT TAX ETF Facts or financial statements contain a
In general, you’ll have to pay income tax on any money misrepresentation. You must act within the time limit
you make on an ETF. How much you pay depends on the set by the securities law in your province or territory.
tax laws where you live and whether or not you hold the
ETF in a registered plan such as a Registered Retirement For more information, see the securities law of your
Savings Plan, or a Tax-Free Savings Account. province or territory or ask a lawyer.

Keep in mind that if you hold your ETF in a non-registered FOR MORE INFORMATION
account, distributions from the ETF are included in your Contact Purpose Investments Inc. or your representative
taxable income, whether you get them in cash or have for a copy of the ETF’s prospectus and other disclosure
them reinvested. documents. These documents and the ETF Facts make
up the ETF’s legal documents.
HOW MUCH DOES IT COST? Purpose Investments Inc.
This section shows the fees and expenses you could pay 130 Adelaide St. W
to buy, own and sell units of the USD ETF non-currency Suite 3100
hedged units of the ETF. Fees and expenses — including P.O. Box 109
trailing commissions — can vary among ETFs. Higher Toronto, ON M5H 3P5
commissions can influence representatives to
recommend one investment over another. Ask about T: 416.583.3850
other ETFs and investments that may be suitable for you TF: 877.789.1517
at a lower cost. F: 416.583.3851
www.purposeinvest.com
1. BROKERAGE COMMISSIONS
You may have to pay a commission every time you buy
and sell units of the USD ETF non-currency hedged units
of the ETF. Commissions may vary by brokerage firm.
Some brokerage firms may offer commission-free ETFs
or require a minimum purchase amount.

2. ETF EXPENSES
You don’t pay these expenses directly. They affect you
because they reduce the ETF’s returns. The ETF’s
expenses are made up of the management fee,
operating expenses and trading costs. The USD ETF
non-currency hedged unit’s annual management fee is
1.00% of the class’ value. As this ETF is new, operating
expenses and trading costs are not yet available.

Page 3