Purpose Investments lists PGRX ETF on Toronto Stock Exchange
Purpose Investments listed the Purpose Global Resource Fund ETF (PGRX) on the Toronto Stock Exchange, offering actively managed exposure to energy, metals, and mining. The fund aims to capitalize on growing resource demand and inflation trends. The Series F mutual fund version posted top-quartile returns across 1, 3, 5, and 10-year periods.

*this image is generated using AI for illustrative purposes only.
Purpose Investments listed a new ETF series of the Purpose Global Resource Fund on the Toronto Stock Exchange under the ticker PGRX. The fund begins trading today, providing investors with access to an actively managed global resource strategy. The listing brings Purpose's investment process to the ETF market, offering exposure across energy, metals, mining, and infrastructure.
Jeremy Lin, Portfolio Manager at Purpose Investments, highlighted the fund's role in addressing current economic shifts. "Resources are essential to almost every major economic shift underway right now from geopolitical tension, to the energy transition, and to the rising demands of AI and electrification," Lin said. He emphasized that PGRX provides a disciplined, single-ticket way to access the sector without requiring investors to pick individual commodities or companies.
The strategy relies on a disciplined, repeatable investment process that rotates across energy, metals, and mining as the balance of risk and reward shifts. Lin noted that the process is built to work through the full resource cycle, not just a single moment. The fund aims to manage volatility through sector timing and security selection, holding well-researched names across the value chain.
The Purpose Global Resource Fund (Series F) has delivered strong returns, serving as a reference for the ETF's strategy. The fund achieved top-quartile results in its Morningstar category over multiple periods.
| Period | Return | Rank (Category Size) |
|---|---|---|
| 1 Year | 110.31% | Top Quartile (92) |
| 3 Year | 58.79% | Top Quartile (87) |
| 5 Year | 46.68% | Top Quartile (81) |
| 10 Year | 19.40% | Top Quartile (72) |
The fund is positioned to benefit from growing resource demand driven by central bank gold buying, the race for critical minerals, and rising power demand from AI and data centres. It also serves as a hedge against inflation, providing exposure to real assets such as gold, copper, and energy. Purpose Investments manages more than $31 billion in assets under management.
How will the fund's active management strategy adjust its sector rotation if the energy transition accelerates faster than anticipated?
What impact could rising interest rates have on the fund's performance given its focus on inflation-hedging assets?
How might the fund's exposure to critical minerals evolve as geopolitical tensions reshape global supply chains?























