TORONTO, ONTARIO--(Marketwired - Nov. 27, 2014) - Purpose Investments announces today that the following funds are not expected to have annual capital gains distributions for the 2014 tax year:

  • Purpose Core Dividend Fund
  • Purpose Total Return Bond Fund
  • Purpose Monthly Income Fund
  • Purpose Tactical Hedged Equity Fund
  • Purpose Diversified Real Asset Fund
  • Purpose Best Ideas Fund
  • Purpose Duration Hedged Real Estate Fund
  • Purpose Enhanced US Equity Fund
  • Purpose Multi-Strategy Market Neutral Fund
  • Purpose US Dividend Fund
  • Purpose High Interest Savings ETF
  • Limited Duration Investment Grade Preferred Securities Fund

The estimated annual capital gains distributions for NexC Partners Corp. Class A, Class F and Class J shares are expected to be $0.42, $0.66 and $0.84 per share, respectively. The expected annual capital gains distribution is the result of strong performance of NexC Partners' underlying portfolio securities.

Please note that these are estimated amounts only. Circumstances may arise which would cause these estimates to change before the Funds' tax year ends on December 15, 2014 or December 31, 2014, as applicable.

Certain statements may constitute a forward-looking statement, including those identified by the expressions "estimate" or "expect" and similar expressions (including grammatical variations thereof) to the extent they relate to the Funds. The forward-looking statements are not historical facts but reflect the Funds' or Purpose Investments' current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on the Funds' forward-looking statements. These forward-looking statements are made as of the date hereof and the Funds do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.

Commissions, trailing commissions, management fees and expenses all may be associated with an investment in investment funds managed by Purpose Investments. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the Fund's prospectus before investing.

Contact Information:

Purpose Investments Inc.
Dan Rubin
Vice President, Marketing
(877) 789-1517