TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the following distributions for the month of February 2018. The ex-distribution date for all funds is February 27, 2018, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF, which have an ex-distribution date of February 28, 2018.

Open-End FundsTicker SymbolDistribution per share/unitRecord DatePayable DateDistribution Frequency
Purpose Core Dividend Fund - ETF SeriesPDF$ 0.0850102/28/201803/07/2018Monthly
Purpose Enhanced Dividend Fund – ETF SeriesPDIV$ 0.0522102/28/201803/07/2018Monthly
Purpose Total Return Bond Fund - ETF SeriesPBD$ 0.0770102/28/201803/07/2018Monthly
Purpose Duration Hedged Real Estate Fund – ETF SeriesPHR$ 0.0800102/28/201803/07/2018Monthly
Purpose Monthly Income Fund - ETF SeriesPIN$ 0.0830102/28/201803/07/2018Monthly
Purpose Premium Yield Fund – ETF SeriesPYF$ 0.0830102/28/201803/07/2018Monthly
Purpose Canadian Financial Income Fund – ETF SeriesBNC$ 0.0850102/28/201803/07/2018Monthly
Purpose Conservative Income Fund – ETF SeriesPRP$ 0.0540102/28/201803/07/2018Monthly
Purpose International Dividend Fund – ETF UnitsPID$ 0.078002/28/201803/07/2018Monthly
Purpose US Dividend Fund – ETF UnitsPUD$ 0.065002/28/201803/07/2018Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF UnitsPUD.B$ 0.073702/28/201803/07/2018Monthly
Purpose Tactical Investment Grade Bond Fund – ETF UnitsBND$ 0.063002/28/201803/07/2018Monthly
Purpose Short Duration Tactical Bond Fund – ETF UnitsSBND$ 0.060002/28/201803/07/2018Monthly
Purpose High Interest Savings ETFPSA$ 0.052002/28/201803/07/2018Monthly
Purpose US Cash ETFPSU.UUS$ 0.088002/28/201803/07/2018Monthly
 
     
Closed-End FundsTicker SymbolDistribution per share/unitRecord DatePayable DateDistribution Frequency
Investment Grade Managed Duration Income Fund – Class TPFU.UN$ 0.041702/28/201803/14/2018Monthly
Investment Grade Managed Duration Income Fund – Class Aunlisted$ 0.041702/28/201803/14/2018Monthly
Investment Grade Managed Duration Income Fund – Class A2unlisted$ 0.041702/28/201803/14/2018Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class APFD.UN$ 0.125002/28/201803/14/2018Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class Funlisted$ 0.125002/28/201803/14/2018Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class UPFD.UUS$ 0.119802/28/201803/14/2018Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class VunlistedUS$ 0.119802/28/201803/14/2018Monthly
U.S. Banks Income & Growth Fund – Class TPUB.UN$ 0.041702/28/201803/14/2018Monthly
U.S. Banks Income & Growth Fund – Class Aunlisted$ 0.041702/28/201803/14/2018Monthly
U.S. Banks Income & Growth Fund – Class A2unlisted$ 0.041702/28/201803/14/2018Monthly

(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 $4.9 billion in assets under management and currently offers 50 exchange traded funds and mutual funds and 16 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.