SOURCE: Purpose Investments Inc.

Purpose Investments Inc.

March 21, 2016 22:30 ET

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.

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total return and the cumulative total return including changes in share value and reinvestment of all dividends and does not take into account sales, redemptions, distributions or optional charges or income taxes payable by any shareholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contact Information

  • For further information please contact:
    Dan Rubin
    Vice President, Marketing
    Purpose Investments Inc.
    Tel: (877) 789-1517