SOURCE: Purpose Investments Inc.

Purpose Investments Inc.

September 21, 2016 17:00 ET

Purpose Investments Inc. Announces September Distributions

TORONTO, ON--(Marketwired - September 21, 2016) - Purpose Investments Inc. is pleased to announce the following distributions for the month of September 2016. The ex-distribution date for all funds is September 28, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of September 30, 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  09/30/2016  10/07/2016  Monthly
Purpose Total Return Bond Fund - ETF Series  PBD  $ 0.07001  09/30/2016  10/07/2016  Monthly
Purpose Duration Hedged Real Estate Fund - ETF Series  PHR  $ 0.08001  09/30/2016  10/07/2016  Monthly
Purpose Monthly Income Fund - ETF Series  PIN  $ 0.08301  09/30/2016  10/07/2016  Monthly
Purpose Premium Yield Fund - ETF Series  PYF  $ 0.11701  09/30/2016  10/07/2016  Monthly
Purpose Diversified Real Asset Fund - ETF Series  PRA  $ 0.07001  09/30/2016  10/07/2016  Quarterly
Purpose International Tactical Hedged Equity Fund - ETF Series  PHW  $ 0.08501  09/30/2016  10/07/2016  Quarterly
Purpose International Dividend Fund - ETF Units  PID  $ 0.0560  09/30/2016  10/07/2016  Monthly
Purpose US Dividend Fund - ETF Units  PUD  $ 0.0525  09/30/2016  10/07/2016  Monthly
Purpose US Dividend Fund Non-Currency Hedged - ETF Units  PUD.B  $ 0.0600  09/30/2016  10/07/2016  Monthly
Purpose Tactical Investment Grade Bond Fund - ETF Units  BND  $ 0.0550  09/30/2016  10/07/2016  Monthly
Purpose High Interest Savings ETF  PSA  $ 0.0420  09/30/2016  10/07/2016  Monthly
Purpose US Cash ETF  PSU.U  US$ 0.0320  09/30/2016  10/07/2016  Monthly
                
Closed-End Funds  TSX
Symbol
 Distribution
per share/unit
 Record
Date
 Payable
Date
 Distribution
Frequency
NexC Partners Corp. - Class A  NXC  $ 0.15501  09/30/2016  10/07/2016  Quarterly
NexC Partners Corp. - Class F  unlisted  $ 0.15501  09/30/2016  10/07/2016  Quarterly
Energy Credit Opportunities Income Fund - Class A  PCF.UN  $ 0.0500  09/30/2016  10/17/2016  Monthly
Energy Credit Opportunities Income Fund - Class U  PCF.U  US$ 0.0500  09/30/2016  10/17/2016  Monthly
Investment Grade Managed Duration Income Fund - Class T  PFU.UN  $ 0.0417  09/30/2016  10/17/2016  Monthly
Investment Grade Managed Duration Income Fund - Class A  unlisted  $ 0.0417  09/30/2016  10/17/2016  Monthly
Investment Grade Managed Duration Income Fund - Class A2  unlisted  $ 0.0417  09/30/2016  10/17/2016  Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class A  PFD.UN  $ 0.1250  09/30/2016  10/17/2016  Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class F  unlisted  $ 0.1250  09/30/2016  10/17/2016  Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class U  PFD.U  US$ 0.1198  09/30/2016  10/17/2016  Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class V  unlisted  US$ 0.1198  09/30/2016  10/17/2016  Monthly
U.S. Banks Income & Growth Fund - Class T  PUB.UN  $ 0.0417  09/30/2016  10/17/2016  Monthly
U.S. Banks Income & Growth Fund - Class A  unlisted  $ 0.0417  09/30/2016  10/17/2016  Monthly
U.S. Banks Income & Growth Fund - Class A2  unlisted  $ 0.0417  09/30/2016  10/17/2016  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.

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 $2.0 billion in assets under management and currently offers 18 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.

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