Purpose Investments Inc. Announces October Distributions


TORONTO, ON--(Marketwired - October 21, 2015) - Purpose Investments Inc. is pleased to announce the following distributions for the month of October 2015. The ex-distribution date for all funds is October 28, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of October 30, 2015.

                
Open-End Funds  TSX Symbol  Distribution per share/unit  Record Date  Payable Date  Distribution Frequency
Purpose Core Dividend Fund - ETF Series  PDF  $ 0.0681  10/30/2015  11/06/2015  Monthly
Purpose Total Return Bond Fund - ETF Series  PBD  $ 0.0401  10/30/2015  11/06/2015  Monthly
Purpose Duration Hedged Real Estate Fund - ETF Series  PHR  $ 0.0801  10/30/2015  11/06/2015  Monthly
Purpose Monthly Income Fund - ETF Series  PIN  $ 0.0831  10/30/2015  11/06/2015  Monthly
Purpose US Dividend Fund - ETF Class  PUD  $ 0.040  10/30/2015  11/06/2015  Monthly
Purpose US Dividend Fund Non-Currency Hedged - ETF Class  PUD.B  $ 0.045  10/30/2015  11/06/2015  Monthly
Purpose International Dividend Fund - ETF Class  PID  $ 0.050  10/30/2015  11/06/2015  Monthly
Purpose High Interest Savings ETF  PSA  $ 0.041  10/30/2015  11/06/2015  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  $ 0.060  10/30/2015  11/13/2015  Monthly
Energy Credit Opportunities Income Fund - Class U  PCF.U  US$ 0.060  10/30/2015  11/13/2015  Monthly
Investment Grade Managed Duration Income Fund - Class A  unlisted  $ 0.050  10/30/2015  11/13/2015  Monthly
Investment Grade Managed Duration Income Fund - Class T  PFU.UN  $ 0.050  10/30/2015  11/13/2015  Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class A  PFD.UN  $ 0.125  10/30/2015  11/13/2015  Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class F  unlisted  $ 0.125  10/30/2015  11/13/2015  Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class U  PFD.U  US$ 0.1198  10/30/2015  11/13/2015  Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class V  unlisted  US$ 0.1198  10/30/2015  11/13/2015  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 $1.4 billion in assets under management and currently offers 13 exchange traded funds and mutual funds and 4 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