Welcome!

News Feed Item

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.

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

(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.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
While presenting own advanced Robo-Advisory Platform, Michał Różański, Managing Partner at EARP and CEO at Empirica, will illustrate the most important issues of building tailored FinTech software in his session at 20th Cloud Expo. He will share experiences we have gained for over 6 years of developing solutions for financial institutions and FinTech companies, including robo-advisors. We welcome all FinTech innovators interested in how properly implemented technology can move their businesses f...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Five years ago development was seen as a dead-end career, now it’s anything but – with an explosion in mobile and IoT initiatives increasing the demand for skilled engineers. But apart from having a ready supply of great coders, what constitutes true ‘DevOps Royalty’? It’ll be the ability to craft resilient architectures, supportability, security everywhere across the software lifecycle. In his keynote at @DevOpsSummit at 20th Cloud Expo, Jeffrey Scheaffer, GM and SVP, Continuous Delivery Busine...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
SYS-CON Events announced today that DivvyCloud will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating security, compliance and cost optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate common cloud problems in rea...
SYS-CON Events announced today that Tintri, Inc, a leading provider of enterprise cloud infrastructure, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Tintri offers an enterprise cloud platform built with public cloud-like web services and RESTful APIs. Organizations use Tintri all-flash storage with scale-out and automation as a foundation for their own clouds – to build agile development environments...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...