SOURCE: Purpose Investments Inc.

Purpose Investments Inc.

January 20, 2016 16:30 ET

Purpose Investments Inc. Announces January Distributions

TORONTO, ON--(Marketwired - January 20, 2016) - Purpose Investments Inc. is pleased to announce the following distributions for the month of January 2016. The ex-distribution date for all funds is January 27, 2016, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of January 29, 2016.

Open-End Funds   TSX
Symbol
  Distribution
per share/unit
  Record
Date
  Payable
Date
  Distribution Frequency
Purpose Core Dividend Fund - ETF Series   PDF   $ 0.07501   01/29/2016   02/05/2016   Monthly
Purpose Total Return Bond Fund - ETF Series   PBD   $ 0.04301   01/29/2016   02/05/2016   Monthly
Purpose Duration Hedged Real Estate Fund - ETF Series   PHR   $ 0.08001   01/29/2016   02/05/2016   Monthly
Purpose Monthly Income Fund - ETF Series   PIN   $ 0.08301   01/29/2016   02/05/2016   Monthly
Purpose US Dividend Fund - ETF Class   PUD   $ 0.0620   01/29/2016   02/05/2016   Monthly
Purpose US Dividend Fund Non-Currency Hedged - ETF Class   PUD.B   $ 0.0600   01/29/2016   02/05/2016   Monthly
Purpose International Dividend Fund - ETF Class   PID   $ 0.0600   01/29/2016   02/05/2016   Monthly
Purpose High Interest Savings ETF   PSA   $ 0.0390   01/29/2016   02/05/2016   Monthly
Purpose Tactical Investment Grade Bond Fund - ETF Class   BND   $ 0.0560   01/29/2016   02/05/2016   Monthly
Closed-End Funds   TSX
Symbol
  Distribution
per share/unit
  Record
Date
  Payable
Date
  Distribution
Frequency
Energy Credit Opportunities Income Fund - Class A   PCF.UN   $ 0.050   01/29/2016   02/12/2016   Monthly
Energy Credit Opportunities Income Fund - Class U   PCF.U   US$ 0.050   01/29/2016   02/12/2016   Monthly
Investment Grade Managed Duration Income Fund - Class A   unlisted   $ 0.0417   01/29/2016   02/12/2016   Monthly
Investment Grade Managed Duration Income Fund - Class T   PFU.UN   $ 0.0417   01/29/2016   02/12/2016   Monthly
U.S. Banks Income & Growth Fund - Class A   unlisted   $ 0.0417   01/29/2016   02/12/2016   Monthly
U.S. Banks Income & Growth Fund - Class T   PUB.UN   $ 0.0417   01/29/2016   02/12/2016   Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class A   PFD.UN   $ 0.125   01/29/2016   02/12/2016   Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class F   unlisted   $ 0.125   01/29/2016   02/12/2016   Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class U   PFD.U   US$ 0.1198   01/29/2016   02/12/2016   Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class V   unlisted   US$ 0.1198   01/29/2016   02/12/2016   Monthly

1 Dividend is designated as an "eligible" Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

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 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 over $1.7 billion in assets under management and currently offers 15 exchange traded funds and mutual funds and 5 closed-end funds across multiple asset classes and both traditional and alternative investment strategies.

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

Contact Information

  • For further information please contact:

    Dan Rubin
    Vice President, Marketing
    Purpose Investments Inc.
    Tel: (877) 789-1517
    Email: info@purposeinvest.com