Purpose Investments Inc. Announces July Distributions

TORONTO, July 18, 2018 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the following distributions for the month of July 2018. The ex-distribution date for all ETFs is July 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 July 31, 2018. The ex-distribution date for all Closed End Funds is July 30, 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		07/27/2018	08/08/2018	Monthly
Purpose Enhanced Dividend Fund – ETF Series	PDIV	$0.05221		07/27/2018	08/08/2018	Monthly
Purpose Total Return Bond Fund - ETF Series	PBD	$0.04481		07/27/2018	08/08/2018	Monthly
Purpose Duration Hedged Real Estate Fund – ETF Series	PHR	$0.08001		07/27/2018	08/08/2018	Monthly
Purpose Monthly Income Fund - ETF Series	PIN	$0.08301		07/27/2018	08/08/2018	Monthly
Purpose Premium Yield Fund – ETF Series	PYF	$0.08301		07/27/2018	08/08/2018	Monthly
Purpose Canadian Financial Income Fund – ETF Series	BNC	$0.08501		07/27/2018	08/08/2018	Monthly
Purpose Conservative Income Fund – ETF Series	PRP	$0.05401		07/27/2018	08/08/2018	Monthly
Purpose International Dividend Fund – ETF Units	PID	$0.0780		07/27/2018	08/08/2018	Monthly
Purpose US Dividend Fund – ETF Units	PUD	$0.0650		07/27/2018	08/08/2018	Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF Units	PUD.B	$0.0737		07/27/2018	08/08/2018	Monthly
Purpose Tactical Investment Grade Bond Fund – ETF Units	BND	$0.0630		07/27/2018	08/08/2018	Monthly
Purpose Short Duration Tactical Bond Fund – ETF Units	SBND	$0.0600		07/27/2018	08/08/2018	Monthly
Purpose High Interest Savings ETF	PSA	$0.0627		07/31/2018	08/08/2018	Monthly
Purpose US Cash ETF	PSU.U	US$ 0.1724		07/31/2018	08/08/2018	Monthly
Purpose Strategic Yield Fund – ETF Units	SYLD	$0.0970		07/27/2018	08/08/2018	Monthly
Purpose Multi-Asset Income Fund – ETF Units	PINC	$0.0840		07/27/2018	08/08/2018	Monthly
Purpose Managed Duration Investment Grade Bond Fund – ETF Units	IGB	$0.05501		07/27/2018	08/08/2018	Monthly
Purpose Canadian Preferred Share Fund – ETF Units	RPS	$0.0950		07/27/2018	08/08/2018	Monthly
Purpose Core Equity Income Fund – ETF Series	RDE	$0.06991		07/27/2018	08/08/2018	Monthly
Purpose US Preferred Share Fund – ETF Units	RPU	$0.0940		07/27/2018	08/08/2018	Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2	RPU.B / RPU.U	$0.0940		07/27/2018	08/08/2018	Monthly
Purpose Emerging Markets Dividend Fund – ETF Units	REM	$0.0403		07/27/2018	08/08/2018	Monthly
Purpose Energy Credit Fund – ETF Units	PCF	$0.0350		07/27/2018	08/08/2018	Monthly
Purpose Energy Credit Fund – Non-Currency Hedged - ETF Units	PCF.U	US$ 0.0359		07/27/2018	08/08/2018	Monthly
Purpose Floating Rate Income Fund – ETF Units	FLOT	$0.0312		07/27/2018	08/08/2018	Monthly
Purpose Floating Rate Income Fund - Non-Currency Hedged – ETF Units	FLOT.U	US$ 0.0371		07/27/2018	08/08/2018	Monthly
Purpose Global Financials Income Fund – ETF Units	PFG	$0.0468		07/27/2018	08/08/2018	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		07/31/2018	08/15/2018	Monthly
Investment Grade Managed Duration Income Fund – Class A2	unlisted	$0.0417		07/31/2018	08/15/2018	Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class A	PFD.UN	$0.1250		07/31/2018	08/15/2018	Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class F	unlisted	$0.1250		07/31/2018	08/15/2018	Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class U	PFD.U	US$ 0.1198		07/31/2018	08/15/2018	Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class V	unlisted	US$ 0.1198		07/31/2018	08/15/2018	Monthly
U.S. Banks Income & Growth Fund – Class T	PUB.UN	$0.0417		07/31/2018	08/15/2018	Monthly
U.S. Banks Income & Growth Fund – Class A	unlisted	$0.0417		07/31/2018	08/15/2018	Monthly
U.S. Banks Income & Growth Fund – Class A2	unlisted	$0.0417		07/31/2018	08/15/2018	Monthly
Canadian Investment Grade Preferred Share Fund (P2L) – Class T	RIGP.UN	$0.1146		07/31/2018	08/15/2018	Monthly
Canadian Investment Grade Preferred Share Fund (P2L) – Class A	unlisted	$0.1146		07/31/2018	08/15/2018	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.
      (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 $5.7 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.