Purpose Investments Inc.

Purpose Investments Inc.
NexC Partners Corp.
TSX : NXC

NexC Partners Corp.

September 14, 2015 17:19 ET

NexC Partners Corp. Declares Increased Quarterly Dividend

TORONTO, ONTARIO--(Marketwired - Sept. 14, 2015) - The board of directors of NexC Partners Corp. (the "Company" or "NexC") (TSX:NXC) has today declared a quarterly dividend of $0.155 per share on Class A shares, Class F shares and Class J shares of the Company. The dividend represents an increase of $0.015 per share or 10.7% over the prior quarter's dividend. Based on the September 11, 2015 closing market price of $10.16 per Class A share, the dividend represents an indicative annual yield of 6.10% per Class A share. The dividend is payable on October 7, 2015 to holders of record at the close of business on September 30, 2015.

"We are extremely proud of the performance of NexC and what it has provided to investors since its inception in February 2013. The launch of NexC represented the inception of Purpose Investments and the catalyst for what we have brought to the market - the highest quality investments for the lowest price. What makes NexC special is that it is made up of a high quality North American dividend portfolio and an equity stake in Purpose Investments, making the investors in NexC partners in our business alongside of us" said Som Seif, President & CEO of Purpose Investments. "Given the strong performance of NexC, the Company has decided to increase its dividend and add more value to an already powerful investment."

The dividends are designated as "eligible" Canadian dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation. Shareholders are reminded that the Company offers a dividend reinvestment plan ("DRIP") which provides shareholders with the ability to automatically reinvest their dividends and realize the benefits of compound growth of their investment. Shareholders can enroll in the DRIP plan by contacting their investment advisor.

About Purpose Investments

Purpose Investments Inc. is an asset management firm inspired by the belief that all investors should have access to great investment products along with low fees. Purpose believes in focusing first on managing risk and creating value that is currently missing from the marketplace, thus empowering all Canadians to be better investors. Purpose has approximately $1.4 billion in assets under management and currently offers 13 exchange traded funds and mutual funds and 4 closed-end funds across multiple asset classes and with both traditional and alternative investment strategies.

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