Purpose Investments Inc. Announces 2015 Annual Capital Gains Estimates and Anticipates No Special Distributions on all ETFs and Mutual Funds

TORONTO, ON--(Marketwired - November 26, 2015) - Purpose Investments Inc. announces today that the following funds are not expected to have annual capital gains distributions for the 2015 tax year:

• Purpose Core Dividend Fund
• Purpose Total Return Bond Fund
• Purpose Monthly Income Fund
• Purpose Tactical Hedged Equity Fund
• Purpose Diversified Real Asset Fund
• Purpose Best Ideas Fund
• Purpose Duration Hedged Real Estate Fund
• Purpose Enhanced US Equity Fund
• Purpose Multi-Strategy Market Neutral Fund
• Purpose US Dividend Fund
• Purpose International Dividend Fund
• Purpose International Tactical Hedged Equity Fund
• Purpose Tactical Investment Grade Bond Fund
• Purpose High Interest Savings ETF
• Limited Duration Investment Grade Preferred Securities Fund
• Investment Grade Managed Duration Income Fund
• Energy Credit Opportunities Income Fund

NexC Partners Corp. Class A shares are not expected to have an annual capital gains distribution for the 2015 tax year. The estimated annual capital gains distribution for NexC Partners Corp. Class F shares is expected to be $0.08 per share. The expected annual capital gains distribution is the result of strong performance of NexC Partner's underlying portfolio securities which were sold in connection with the portfolio rebalancing throughout the year.

Please note that these are estimated amounts only. Circumstances may arise which would cause these estimates to change before the Funds' tax year end on December 15, 2015 or December 31, 2015, as applicable.

Purpose expects to announce the final annual capital gains distribution amounts for the mutual fund trusts as well as the monthly and quarterly cash distributions, as applicable, on or about December 18, 2015. For Purpose Fund Corp. and NexC Partners Corp., both mutual fund corporations, final annual capital gains distributions will be announced on or about January 6, 2016. All annual capital gains distributions are considered notional distributions and are automatically reinvested in the funds at the time of the distribution.

About Purpose Investments

Purpose Investments is an asset management firm inspired by the belief that all investors should have access to great investment products along with low fees. Purpose Investments 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 Investments has approximately $1.4 billion in assets under management and currently offers 14 exchange-traded funds and mutual funds and 4 closed-end funds across multiple asset classes with both traditional and alternative investment strategies.

Purpose Investments is the manager of NexC Partners Corp. (TSX: NXC), an investment corporation which invests in a portfolio of North American dividend-paying equity securities, and also owns an equity stake in Purpose Investments.

Forward-looking information

Certain statements may constitute a forward-looking statement, including those identified by the expressions "estimate" or "expect" and similar expressions (including grammatical variations thereof) to the extent they relate to the Funds. The forward-looking statements are not historical facts but reflect the Funds' or Purpose Investments' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on the Funds' forward-looking statements. These forward-looking statements are made as of the date hereof and the Funds do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.

Commissions, trailing commissions, management fees and expenses all may be associated with an investment in investment funds managed by Purpose Investments. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the Fund's prospectus before investing.