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Purpose Investments Inc. Announces May Distributions

TORONTO, ON--(Marketwired - May 19, 2017) - Purpose Investments Inc. is pleased to announce the following distributions for the month of May 2017. The ex-distribution date for all funds is May 29, 2017, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF, which have an ex-distribution date of May 31, 2017.

                                                                            
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                           Distribution Record Date   Payable               
Open-End Funds      TSX         per                     Date    Distribution
                   Symbol   share/unit                            Frequency 
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Purpose Core                                                                
 Dividend Fund -    PDF      $ 0.08001   05/31/2017  06/07/2017    Monthly  
 ETF Series                                                                 
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Purpose Total                                                               
 Return Bond                                                                
 Fund - ETF         PBD      $ 0.07001   05/31/2017  06/07/2017    Monthly  
 Series                                                                     
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Purpose Duration                                                            
 Hedged Real                                                                
 Estate Fund -      PHR      $ 0.08001   05/31/2017  06/07/2017    Monthly  
 ETF Series                                                                 
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Purpose Monthly                                                             
 Income Fund -      PIN      $ 0.08301   05/31/2017  06/07/2017    Monthly  
 ETF Series                                                                 
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Purpose Premium                                                             
 Yield Fund -       PYF      $ 0.10001   05/31/2017  06/07/2017    Monthly  
 ETF Series                                                                 
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Purpose Canadian                                                            
 Financial                                                                  
 Income Fund -      BNC      $ 0.07501   05/31/2017  06/07/2017    Monthly  
 ETF Series                                                                 
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Purpose                                                                     
 Conservative                                                               
 Income Fund -      PRP      $ 0.04401   05/31/2017  06/07/2017    Monthly  
 ETF Series                                                                 
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Purpose                                                                     
 International                                                              
 Dividend Fund -    PID      $ 0.0560    05/31/2017  06/07/2017    Monthly  
 ETF Units                                                                  
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Purpose US                                                                  
 Dividend Fund -    PUD      $ 0.0510    05/31/2017  06/07/2017    Monthly  
 ETF Units                                                                  
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Purpose US                                                                  
 Dividend Fund                                                              
 Non-Currency      PUD.B     $ 0.0597    05/31/2017  06/07/2017    Monthly  
 Hedged - ETF                                                               
 Units                                                                      
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Purpose Tactical                                                            
 Investment                                                                 
 Grade Bond Fund    BND      $ 0.0550    05/31/2017  06/07/2017    Monthly  
 - ETF Units                                                                
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Purpose High                                                                
 Interest           PSA      $ 0.0440    05/31/2017  06/07/2017    Monthly  
 Savings ETF                                                                
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Purpose US Cash                                                             
 ETF               PSU.U    US$ 0.0628   05/31/2017  06/07/2017    Monthly  
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                           Distribution Record Date   Payable               
Closed-End Funds    TSX         per                     Date    Distribution
                   Symbol   share/unit                            Frequency 
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Energy Credit                                                               
 Opportunities                                                              
 Income Fund -     PCF.UN    $ 0.0500    05/31/2017  06/14/2017    Monthly  
 Class A                                                                    
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Energy Credit                                                               
 Opportunities                                                              
 Income Fund -     PCF.U    US$ 0.0500   05/31/2017  06/14/2017    Monthly  
 Class U                                                                    
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Investment Grade                                                            
 Managed                                                                    
 Duration Income   PFU.UN    $ 0.0417    05/31/2017  06/14/2017    Monthly  
 Fund - Class T                                                             
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Investment Grade                                                            
 Managed                                                                    
 Duration Income  unlisted   $ 0.0417    05/31/2017  06/14/2017    Monthly  
 Fund - Class A                                                             
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Investment Grade                                                            
 Managed                                                                    
 Duration Income  unlisted   $ 0.0417    05/31/2017  06/14/2017    Monthly  
 Fund - Class A2                                                            
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Limited Duration                                                            
 Investment                                                                 
 Grade Preferred   PFD.UN    $ 0.1250    05/31/2017  06/14/2017    Monthly  
 Securities Fund                                                            
 - Class A                                                                  
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Limited Duration                                                            
 Investment                                                                 
 Grade Preferred  unlisted   $ 0.1250    05/31/2017  06/14/2017    Monthly  
 Securities Fund                                                            
 - Class F                                                                  
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Limited Duration                                                            
 Investment                                                                 
 Grade Preferred   PFD.U    US$ 0.1198   05/31/2017  06/14/2017    Monthly  
 Securities Fund                                                            
 - Class U                                                                  
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Limited Duration                                                            
 Investment                                                                 
 Grade Preferred  unlisted  US$ 0.1198   05/31/2017  06/14/2017    Monthly  
 Securities Fund                                                            
 - Class V                                                                  
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U.S. Banks                                                                  
 Income & Growth   PUB.UN    $ 0.0417    05/31/2017  06/14/2017    Monthly  
 Fund - Class T                                                             
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U.S. Banks                                                                  
 Income & Growth  unlisted   $ 0.0417    05/31/2017  06/14/2017    Monthly  
 Fund - Class A                                                             
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U.S. Banks                                                                  
 Income & Growth  unlisted   $ 0.0417    05/31/2017  06/14/2017    Monthly  
 Fund - Class A2                                                            
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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 over $3 billion in assets under management and currently offers 36 exchange traded funds and mutual funds and 7 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 and also, 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. 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.

For further information please contact:

Vlad Tasevski
Vice President
Purpose Investments Inc.
Tel: (877) 789-1517
Email: [email protected]

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