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Distribution

Purpose Investments Inc. Announces October 2022

TORONTO, Oct. 18, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of October 2022 for its open-end exchange traded funds and closed-end funds (“the Funds”).

The ex-distribution date for all ETFs is October 26, 2022, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of October 27, 2022, as well as Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of October 28, 2022. The ex-distribution date for all closed-end funds is October 28, 2022.
   

Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency
Purpose Core Dividend Fund – ETF Series PDF $0.10501 10/27/2022 11/07/2022 Monthly
Purpose Enhanced Dividend Fund – ETF Series PDIV $0.05221 10/27/2022 11/07/2022 Monthly
Purpose Total Return Bond Fund – ETF Series PBD $0.05201 10/27/2022 11/07/2022 Monthly
Purpose Real Estate Income Fund – ETF Series PHR $0.07201 10/27/2022 11/07/2022 Monthly
Purpose Monthly Income Fund – ETF Series PIN $0.08301 10/27/2022 11/07/2022 Monthly
Purpose Premium Yield Fund – ETF Series PYF $0.08301 10/27/2022 11/07/2022 Monthly
Purpose Premium Yield Fund Non-Currency Hedged USD – ETF Series PYF.U US $ 0.08851 10/27/2022 11/07/2022 Monthly
Purpose Premium Yield Fund Non-Currency Hedged – ETF Series PYF.B $0.08851 10/27/2022 11/07/2022 Monthly
Purpose Canadian Financial Income Fund – ETF Series BNC $0.08501 10/27/2022 11/07/2022 Monthly
Purpose Conservative Income Fund – ETF Series PRP $0.05401 10/27/2022 11/07/2022 Monthly
Purpose Enhanced Premium Yield Fund – ETF Series PAYF $0.11811 10/27/2022 11/07/2022 Monthly
Purpose International Dividend Fund – ETF Units PID $0.0780 10/27/2022 11/07/2022 Monthly
Purpose US Dividend Fund – ETF Units PUD $0.0650 10/27/2022 11/07/2022 Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF Units PUD.B $0.0760 10/27/2022 11/07/2022 Monthly
Purpose Global Bond Fund – ETF Units BND $0.0585 10/27/2022 11/07/2022 Monthly
Purpose High Interest Savings ETF PSA $0.1452 10/28/2022 11/07/2022 Monthly
Purpose US Cash Fund – ETF Units PSU.U US$ 0.2604 10/28/2022 11/07/2022 Monthly
Purpose Strategic Yield Fund – ETF Units SYLD $0.0970 10/27/2022 11/07/2022 Monthly
Purpose Multi-Asset Income Fund – ETF Units PINC $0.0840 10/27/2022 11/07/2022 Monthly
Purpose Global Bond Class – ETF Units IGB $0.06021 10/27/2022 11/07/2022 Monthly
Purpose Canadian Preferred Share Fund – ETF Units RPS $0.0950 10/27/2022 11/07/2022 Monthly
Purpose Core Equity Income Fund – ETF Series RDE $0.08001 10/27/2022 11/07/2022 Monthly
Purpose US Preferred Share Fund – ETF Units RPU $0.0940 10/27/2022 11/07/2022 Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2 RPU.B / RPU.U $0.0940 10/27/2022 11/07/2022 Monthly
Purpose Emerging Markets Dividend Fund – ETF Units REM $0.0580 10/27/2022 11/07/2022 Monthly
Purpose Global Flexible Credit Fund – ETF Units FLX $0.0297 10/27/2022 11/07/2022 Monthly
Purpose Global Flexible Credit Fund – Non-Currency Hedged USD – ETF Units FLX.U US$ 0.0375 10/27/2022 11/07/2022 Monthly
Purpose Global Flexible Credit Fund – Non-Currency Hedged – ETF Units FLX.B $0.0365 10/27/2022 11/07/2022 Monthly
Black Diamond Global Equity Fund – ETF Units BDEQ $0.0112 10/27/2022 11/07/2022 Monthly
Black Diamond Distressed Opportunities Fund – ETF Units BDOP $0.0075 10/27/2022 11/07/2022 Monthly
Purpose Credit Opportunities Fund – ETF Units CROP $0.0875 10/27/2022 11/07/2022 Monthly
Purpose Credit Opportunities Fund – ETF USD Units CROP.U $0.0975 10/27/2022 11/07/2022 Monthly
Purpose Bitcoin Yield ETF – ETF Units BTCY $0.0315 10/27/2022 11/07/2022 Monthly
Purpose Bitcoin Yield ETF – ETF Non-Currency hedged Units BTCY.B $0.0.345 10/27/2022 11/07/2022 Monthly
Purpose Bitcoin Yield ETF – ETF Units Non-Currency Hedged USD Units BTCY.U US$0.0410 10/27/2022 11/07/2022 Monthly
Purpose Ether Yield ETF – ETF Units ETHY $0.0270 10/27/2022 11/07/2022 Monthly
Purpose Ether Yield ETF – ETF Non-Currency hedged Units ETHY.B $0.0320 10/27/2022 11/07/2022 Monthly
Purpose Ether Yield ETF – ETF Units Non-Currency Hedged USD Units ETHY.U US$ 0.0355 10/27/2022 11/07/2022 Monthly
Purpose Healthcare Innovation Yield ETF – ETF Units HEAL $0.0815 10/27/2022 11/07/2022 Monthly
           
Closed-End Funds Ticker Symbol Distribution
per share/unit
Record Date Payable Date Distribution Frequency
Canadian Investment Grade Preferred Share Fund – Class T RIGP.UN $0.1146 10/31/2022 11/15/2022 Monthly
Big Banc Split Corp – Class A BNK $0.06621 10/31/2022 11/15/2022 Monthly
Big Banc Split Corp – Preferred Shares BNK.PR.A $0.05001 10/31/2022 11/15/2022 Monthly

Estimated October 2022 Distributions for Purpose Cash Management Fund

The October 2022 distribution rate for Purpose Cash Management Fund is estimated to be as follows:

Fund Name Ticker Symbol Estimated Distribution per unit Record Date Payable Date Distribution Frequency
Purpose Cash Management Fund – ETF Units MNY $0.2669 10/28/2022 11/07/2022 Monthly

Purpose expects to issue a press release on or about October 27, 2022, which will provide the final distribution rate for Purpose Cash Management Fund. The ex-distribution date will be October 28, 2022.

      (1)   Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
      (2)   Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date.

About Purpose Investments Inc.

Purpose Investments is an asset management company with over $13 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

For further information please contact:
Keera Hart
[email protected]
905-580-1257

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.

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