Purpose Monthly Income Fund (PIN)

Overview

The fund predominantly allocates its assets towards common stocks of mid-cap companies, aiming to leverage the growth potential within this segment of the market. By focusing at least 80% of its investments in mid-capitalization companies, the fund seeks to strike a balance between the agility of small companies and the stability of large corporations. These mid-cap companies are identified based on their market capitalizations, which fall within the range defined by the Russell Midcap and S&P MidCap 400 Indices, ensuring a targeted investment approach that is both strategic and focused.

Products and Services

• Investment in Mid-Cap Stocks

This service focuses on investing a minimum of 80% of the fund's assets into common stocks of mid-capitalization companies. The selection is strictly confined to companies whose market capitalizations align with the collective benchmarks of the Russell Midcap and S&P MidCap 400 Indices. This rigorous selection criterion is designed to optimize growth potential while mitigating undue risk, positioning the fund as an attractive option for investors seeking to diversify their portfolio with mid-cap stocks.