Purpose Investments Inc. Announces June Distributions

TORONTO, June 18, 2018 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the following distributions for the month of June 2018. The ex-distribution date for all ETFs is June 26, 2018, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF, which have an ex-distribution date of June 29, 2018. The ex-distribution date for all Closed End Funds is June 28, 2018.

Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency
Purpose Core Dividend Fund – ETF Series PDF $0.08501 06/27/2018 07/09/2018 Monthly
Purpose Enhanced Dividend Fund – ETF Series PDIV $0.05221 06/27/2018 07/09/2018 Monthly
Purpose Total Return Bond Fund – ETF Series PBD $0.04201 06/27/2018 07/09/2018 Monthly
Purpose Duration Hedged Real Estate Fund – ETF Series PHR $0.08001 06/27/2018 07/09/2018 Monthly
Purpose Monthly Income Fund – ETF Series PIN $0.08301 06/27/2018 07/09/2018 Monthly
Purpose Premium Yield Fund – ETF Series PYF $0.08301 06/27/2018 07/09/2018 Monthly
Purpose Canadian Financial Income Fund – ETF Series BNC $0.08501 06/27/2018 07/09/2018 Monthly
Purpose Conservative Income Fund – ETF Series PRP $0.05401 06/27/2018 07/09/2018 Monthly
Purpose International Tactical Hedged Equity Fund – ETF Series PHW $0.11001 06/27/2018 07/09/2018 Quarterly
Purpose Diversified Real Asset Fund – ETF Series PRA $0.07501 06/27/2018 07/09/2018 Quarterly
Purpose International Dividend Fund – ETF Units PID $0.0780 06/27/2018 07/09/2018 Monthly
Purpose US Dividend Fund – ETF Units PUD $0.0650 06/27/2018 07/09/2018 Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF Units PUD.B $0.0737 06/27/2018 07/09/2018 Monthly
Purpose Tactical Investment Grade Bond Fund – ETF Units BND $0.0630 06/27/2018 07/09/2018 Monthly
Purpose Short Duration Tactical Bond Fund – ETF Units SBND $0.0600 06/27/2018 07/09/2018 Monthly
Purpose High Interest Savings ETF PSA $0.0549 06/29/2018 07/09/2018 Monthly
Purpose US Cash ETF PSU.U US$ 0.0998 06/29/2018 07/09/2018 Monthly
Purpose Strategic Yield Fund – ETF Units SYLD $0.0970 06/27/2018 07/09/2018 Monthly
Purpose Multi-Asset Income Fund – ETF Units PINC $0.0840 06/27/2018 07/09/2018 Monthly
Purpose Canadian Preferred Share Fund – ETF Units RPS $0.0950 06/27/2018 07/09/2018 Monthly
Purpose Core Equity Income Fund – ETF Series RDE $0.06971 06/27/2018 07/09/2018 Monthly
Purpose US Preferred Share Fund – ETF Units RPU $0.0940 06/27/2018 07/09/2018 Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2 RPU.B / RPU.U $0.0940 06/27/2018 07/09/2018 Monthly
Purpose Emerging Markets Dividend Fund – ETF Units REM $0.0403 06/27/2018 07/09/2018 Monthly
Purpose Energy Credit Fund – ETF Units PCF $0.0350 06/27/2018 07/09/2018 Monthly
Purpose Energy Credit Fund – Non-Currency Hedged – ETF Units PCF.U US$ 0.0359 06/27/2018 07/09/2018 Monthly
           
Closed-End Funds Ticker Symbol Distribution
per share/unit
Record Date Payable Date Distribution Frequency
Investment Grade Managed Duration Income Fund – Class T PFU.UN $0.0417 06/29/2018 07/16/2018 Monthly
Investment Grade Managed Duration Income Fund – Class A2 unlisted $0.0417 06/29/2018 07/16/2018 Monthly
Limited Duration Investment Grade Preferred Securities Fund – Class A PFD.UN $0.1250 06/29/2018 07/16/2018 Monthly
Limited Duration Investment Grade Preferred Securities Fund – Class F unlisted $0.1250 06/29/2018 07/16/2018 Monthly
Limited Duration Investment Grade Preferred Securities Fund – Class U PFD.U US$ 0.1198 06/29/2018 07/16/2018 Monthly
Limited Duration Investment Grade Preferred Securities Fund – Class V unlisted US$ 0.1198 06/29/2018 07/16/2018 Monthly
U.S. Banks Income & Growth Fund – Class T PUB.UN $0.0417 06/29/2018 07/16/2018 Monthly
U.S. Banks Income & Growth Fund – Class A unlisted $0.0417 06/29/2018 07/16/2018 Monthly
U.S. Banks Income & Growth Fund – Class A2 unlisted $0.0417 06/29/2018 07/16/2018 Monthly
Canadian Investment Grade Preferred Share Fund (P2L) – Class T RIGP.UN $0.1146 06/29/2018 07/16/2018 Monthly
Canadian Investment Grade Preferred Share Fund (P2L) – Class A unlisted $0.1146 06/29/2018 07/16/2018 Monthly
Purpose Floating Rate Income Fund – Class A FLOT.UN $0.0417 06/29/2018 07/16/2018 Monthly
Purpose Floating Rate Income Fund – Class U FLOT.U US$ 0.0417 06/29/2018 07/16/2018 Monthly
June 2021 Investment Grade Bond Pool – Class T RBP.UN $0.0887 06/29/2018 07/16/2018 Quarterly
June 2021 Investment Grade Bond Pool – Class A Unlisted $0.0775 06/29/2018 07/16/2018 Quarterly
Purpose Global Financials Income Fund – Class A PFG.UN $0.1875 06/29/2018 07/16/2018 Quarterly
Redwood Global Infrastructure Income Fund MQI.UN $0.1500 06/29/2018 07/16/2018 Quarterly

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

(2)  Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date.

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 $5.5 billion in assets under management and currently offers 50 exchange traded funds and mutual funds and 12 closed-end funds across multiple asset classes and both traditional and alternative investment strategies.

For further information please contact:

Nancy Turner
Purpose Investments Inc.
Tel: (877) 789-1517
Email: info@purposeinvest.com

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.

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