SOURCE: Purpose Investments Inc.

Purpose Investments Inc.

January 20, 2017 18:00 ET

Purpose Investments Inc. Announces January Distributions

TORONTO, ON--(Marketwired - January 20, 2017) - Purpose Investments Inc. is pleased to announce the following distributions for the month of January 2017. The ex-distribution date for all funds is January 27, 2017, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of January 31, 2017.

        
Open-End Funds  TSX Symbol Distribution per share/unit Record Date  Payable Date Distribution Frequency
Purpose Core Dividend Fund - ETF Series  PDF $ 0.07501 01/31/2017  02/07/2017 Monthly
Purpose Total Return Bond Fund - ETF Series  PBD $ 0.07001 01/31/2017  02/07/2017 Monthly
Purpose Duration Hedged Real Estate Fund - ETF Series  PHR $ 0.08001 01/31/2017  02/07/2017 Monthly
Purpose Monthly Income Fund - ETF Series  PIN $ 0.08301 01/31/2017  02/07/2017 Monthly
Purpose Premium Yield Fund - ETF Series  PYF $ 0.11701 01/31/2017  02/07/2017 Monthly
Purpose Canadian Financial Income Fund - ETF Series  BNC $ 0.07101 01/31/2017  02/07/2017 Monthly
Purpose Conservative Income Fund - ETF Series  PRP $ 0.04401 01/31/2017  02/07/2017 Monthly
Purpose International Dividend Fund - ETF Units  PID $ 0.0560 01/31/2017  02/07/2017 Monthly
Purpose US Dividend Fund - ETF Units  PUD $ 0.0460 01/31/2017  02/07/2017 Monthly
Purpose US Dividend Fund Non-Currency Hedged - ETF Units  PUD.B $ 0.0530 01/31/2017  02/07/2017 Monthly
Purpose Tactical Investment Grade Bond Fund - ETF Units  BND $ 0.0550 01/31/2017  02/07/2017 Monthly
Purpose High Interest Savings ETF  PSA $ 0.0420 01/31/2017  02/07/2017 Monthly
Purpose US Cash ETF  PSU.U US$ 0.0328 01/31/2017  02/07/2017 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 $ 0.0500 01/31/2017  02/14/2017 Monthly
Energy Credit Opportunities Income Fund - Class U  PCF.U US$ 0.0500 01/31/2017  02/14/2017 Monthly
Investment Grade Managed Duration Income Fund - Class T  PFU.UN $ 0.0417 01/31/2017  02/14/2017 Monthly
Investment Grade Managed Duration Income Fund - Class A  unlisted $ 0.0417 01/31/2017  02/14/2017 Monthly
Investment Grade Managed Duration Income Fund - Class A2  unlisted $ 0.0417 01/31/2017  02/14/2017 Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class A  PFD.UN $ 0.1250 01/31/2017  02/14/2017 Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class F  unlisted $ 0.1250 01/31/2017  02/14/2017 Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class U  PFD.U US$ 0.1198 01/31/2017  02/14/2017 Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class V  unlisted US$ 0.1198 01/31/2017  02/14/2017 Monthly
U.S. Banks Income & Growth Fund - Class T  PUB.UN $ 0.0417 01/31/2017  02/14/2017 Monthly
U.S. Banks Income & Growth Fund - Class A  unlisted $ 0.0417 01/31/2017  02/14/2017 Monthly
U.S. Banks Income & Growth Fund - Class A2  unlisted $ 0.0417 01/31/2017  02/14/2017 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.

About Purpose Investments Inc.

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 $2.8 billion in assets under management and currently offers 33 exchange traded funds and mutual funds and 6 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.

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. 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
    Email: info@purposeinvest.com