Performance and Portfolio Breakdown
The Longevity Pension Fund provides retirees with income for life through monthly distributions. How much money you get a month will be evaluated and adjusted each year based on returns and redemptions from the year before. We’ll give you 60 days’ notice if there is any change.
Our investment philosophy is to prioritize stable monthly distribution payments and reduce portfolio volatility while achieving modest returns.
The fund’s core objective is to provide investors in the Decumulation Class with monthly income distributions in retirement.
Asset Class Breakdown
As at December 07, 2021
The MER for the Longevity Pension Fund includes the costs of the underlying Purpose Investments funds. There is no duplication of management fees chargeable in connection with the Longevity Pension Fund and its investment in the Purpose Investments funds.
ESG and Sustainable Investing
ESG is an investment framework that incorporates environmental, social, and governance factors that are material to corporate performance. Purpose Investments was one of the first investment firms in the world to embed ESG across our entire process, and it's at the foundation of how we think about building products, like Longevity.
We believe that ESG information results in a more effective investment process, better security selection, and higher quality returns while benefitting society.
For additional information on Fund Details and Documents, please click the button below:
To better understand the potential outcome of distribution levels from the Fund, the Income Policy was reviewed by TELUS Health (formerly Morneau Shepell) and put to the test against their Economic Scenario Generator that simulates 2,000 potential future paths of economies and financial markets.
The Longevity Pension Fund is managed by Purpose Investments Inc. Information provided on this page is not investment advice, nor is it tailored to the needs or circumstances of any investor. Talk to your investment advisor to determine if the Longevity Pension Fund is suitable for you and always read the prospectus before investing. Commissions, trailing commissions, management fees and expenses all may be associated with the Fund. Investments in the Fund are not guaranteed, and the Fund's value may change frequently. Past performance may not be repeated. Income in the form of Fund distributions is not guaranteed, and the frequency and amount of distributions may increase or decrease. The Fund has a unique mutual fund structure. Most mutual funds redeem at their associated Net Asset Value (NAV). In contrast, redemptions in the decumulation class of the Fund (whether voluntary or at death) will occur at the lesser of NAV or the initial investment amount less any distributions received.
Information contained in this webpage is believed to be accurate and reliable, however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice. Forward-looking statements are not guaranteed. Certain statements on this site 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 that 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 believes to be reasonable assumptions, Purpose 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.