Which Purpose Investments Funds Were Relevant to the OSC Case?
Funds relevant to the OSC evidence only where the record supports the connection. Not all Purpose funds are labelled as relevant.
Which Purpose funds are relevant to the OSC case?
Only funds where the public regulatory record supports a connection to the OSC's ESG allegations are flagged here. Not all Purpose funds are relevant. The OSC's ESG-AUM analysis addressed a specific universe of funds.
The ESG classifications below reflect the public regulatory record. "ESG-integrated (alleged)" means the OSC alleges the fund was represented as ESG-integrated; it is not a finding.
Funds Relevant to the OSC Evidence
Purpose Strategic Balanced Fund
Category: Balanced · Launched: 2021
Balanced exposure across asset classes with an ESG-aware approach.
Purpose ESG Equity Fund
Category: Equity · Launched: 2021
Equity exposure with an explicit ESG mandate.
Purpose Sustainable Opportunities Fund
Category: Thematic · Launched: 2022
Sustainability-themed equity exposure.
Purpose Multi-Asset Fund
Category: Multi-Asset · Launched: 2020
Diversified multi-asset exposure.
Why Not All Funds Are Listed
The OSC's ESG-AUM analysis addressed a specific universe of funds — those the regulator says were represented as operating within Purpose's ESG framework. Funds outside that universe (for example, crypto ETFs or sector-specific funds with no ESG representation) are not relevant to the OSC's allegations. Listing them as "ESG-relevant" without record support would be inaccurate.
The ESG-AUM Calculation
The OSC's analysis of what percentage of AUM was actually within the ESG framework is addressed on the ESG-AUM calculation page. That calculation is disputed by Purpose and has not been ruled on by the Tribunal.