Purpose Investments Inc. Announces Correction to Distribution Record Date

TORONTO, ON--(Marketwired - March 21, 2016) - Purpose Investments Inc. announces a correction to the March 2016 distribution record date for Limited Duration Investment Grade Preferred Securities Fund - Class U (TSX: PFD.U) and Limited Duration Investment Grade Preferred Securities Fund - Class V. The press release on March 21, 2016 at 18:30 ET reported an incorrect distribution record date of February 29, 2016. The correct distribution record date should be March 31, 2016. The payable date is April 14, 2016.

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