Purpose Investments Inc. Announces June Distributions
/EINPresswire.com/ -- TORONTO, ON--(Marketwired - June 21, 2016) - Purpose Investments Inc. is pleased to announce the following distributions for the month of June 2016. The ex-distribution date for all funds is June 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 June 30, 2016.
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Distribution
TSX per Record Payable Distribution
Open-End Funds Symbol share/unit Date Date Frequency
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Purpose Core
Dividend Fund -
ETF Series PDF $ 0.0750(1) 06/30/2016 07/08/2016 Monthly
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Purpose Total
Return Bond Fund -
ETF Series PBD $ 0.0650(1) 06/30/2016 07/08/2016 Monthly
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Purpose Duration
Hedged Real Estate
Fund - ETF Series PHR $ 0.0800(1) 06/30/2016 07/08/2016 Monthly
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Purpose Monthly
Income Fund - ETF
Series PIN $ 0.0830(1) 06/30/2016 07/08/2016 Monthly
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Purpose Premium
Yield Fund - ETF
Series PYF $ 0.1170(1) 06/30/2016 07/08/2016 Monthly
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Purpose Diversified
Real Asset Fund -
ETF Series PRA $ 0.0700(1) 06/30/2016 07/08/2016 Quarterly
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Purpose
International
Tactical Hedged
Equity Fund - ETF
Series PHW $ 0.1000(1) 06/30/2016 07/08/2016 Quarterly
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Purpose
International
Dividend Fund -
ETF Units PID $ 0.0560 06/30/2016 07/08/2016 Monthly
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Purpose US Dividend
Fund - ETF Units PUD $ 0.0525 06/30/2016 07/08/2016 Monthly
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Purpose US Dividend
Fund Non-Currency
Hedged - ETF Units PUD.B $ 0.0600 06/30/2016 07/08/2016 Monthly
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Purpose Tactical
Investment Grade
Bond Fund - ETF
Units BND $ 0.0550 06/30/2016 07/08/2016 Monthly
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Purpose High
Interest Savings
ETF PSA $ 0.0410 06/30/2016 07/08/2016 Monthly
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Purpose US Cash ETF PSU.U US$ 0.0300 06/30/2016 07/08/2016 Monthly
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Closed-End Funds Distribution
TSX per Record Payable Distribution
Symbol share/unit Date Date Frequency
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NexC Partners Corp.
- Class A NXC $ 0.1550(1) 06/30/2016 07/08/2016 Quarterly
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NexC Partners Corp.
- Class F unlisted $ 0.1550(1) 06/30/2016 07/08/2016 Quarterly
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Energy Credit
Opportunities
Income Fund -
Class A PCF.UN $ 0.0500 06/30/2016 07/15/2016 Monthly
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Energy Credit
Opportunities
Income Fund -
Class U PCF.U US$ 0.0500 06/30/2016 07/15/2016 Monthly
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Investment Grade
Managed Duration
Income Fund -
Class T PFU.UN $ 0.0417 06/30/2016 07/15/2016 Monthly
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Investment Grade
Managed Duration
Income Fund -
Class A unlisted $ 0.0417 06/30/2016 07/15/2016 Monthly
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Investment Grade
Managed Duration
Income Fund -
Class A2 unlisted $ 0.0417 06/30/2016 07/15/2016 Monthly
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Limited Duration
Investment Grade
Preferred
Securities Fund -
Class A PFD.UN $ 0.1250 06/30/2016 07/15/2016 Monthly
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Limited Duration
Investment Grade
Preferred
Securities Fund -
Class F unlisted $ 0.1250 06/30/2016 07/15/2016 Monthly
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Limited Duration
Investment Grade
Preferred
Securities Fund -
Class U PFD.U US$ 0.1198 06/30/2016 07/15/2016 Monthly
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Limited Duration
Investment Grade
Preferred
Securities Fund -
Class V unlisted US$ 0.1198 06/30/2016 07/15/2016 Monthly
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U.S. Banks Income &
Growth Fund -
Class T PUB.UN $ 0.0417 06/30/2016 07/15/2016 Monthly
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U.S. Banks Income &
Growth Fund -
Class A unlisted $ 0.0417 06/30/2016 07/15/2016 Monthly
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U.S. Banks Income &
Growth Fund -
Class A2 unlisted $ 0.0417 06/30/2016 07/15/2016 Monthly
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(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 approximately $1.9 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. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
For further information please contact:
Dan Rubin
Vice President, Marketing
Purpose Investments Inc.
Tel: (877) 789-1517
Email: info@purposeinvest.com
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