Purpose Investments Inc. Announces October Distributions
/EINPresswire.com/ -- TORONTO, ON--(Marketwired - October 21, 2015) - Purpose Investments Inc. is pleased to announce the following distributions for the month of October 2015. The ex-distribution date for all funds is October 28, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of October 30, 2015.
----------------------------------------------------------------------------
Distribution Record Payable
Open-End Funds TSX per Date Date Distribution
Symbol share/unit Frequency
----------------------------------------------------------------------------
Purpose Core
Dividend Fund - PDF $ 0.068(1) 10/30/2015 11/06/2015 Monthly
ETF Series
----------------------------------------------------------------------------
Purpose Total
Return Bond Fund - PBD $ 0.040(1) 10/30/2015 11/06/2015 Monthly
ETF Series
----------------------------------------------------------------------------
Purpose Duration
Hedged Real Estate PHR $ 0.080(1) 10/30/2015 11/06/2015 Monthly
Fund - ETF Series
----------------------------------------------------------------------------
Purpose Monthly
Income Fund - ETF PIN $ 0.083(1) 10/30/2015 11/06/2015 Monthly
Series
----------------------------------------------------------------------------
Purpose US Dividend
Fund - ETF Class PUD $ 0.040 10/30/2015 11/06/2015 Monthly
----------------------------------------------------------------------------
Purpose US Dividend
Fund Non-Currency PUD.B $ 0.045 10/30/2015 11/06/2015 Monthly
Hedged - ETF Class
----------------------------------------------------------------------------
Purpose
International
Dividend Fund - PID $ 0.050 10/30/2015 11/06/2015 Monthly
ETF Class
----------------------------------------------------------------------------
Purpose High
Interest Savings PSA $ 0.041 10/30/2015 11/06/2015 Monthly
ETF
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Distribution Record Payable
Closed-End Funds TSX per Date Date Distribution
Symbol share/unit Frequency
----------------------------------------------------------------------------
Energy Credit
Opportunities
Income Fund - PCF.UN $ 0.060 10/30/2015 11/13/2015 Monthly
Class A
----------------------------------------------------------------------------
Energy Credit
Opportunities
Income Fund - PCF.U US$ 0.060 10/30/2015 11/13/2015 Monthly
Class U
----------------------------------------------------------------------------
Investment Grade
Managed Duration
Income Fund - unlisted $ 0.050 10/30/2015 11/13/2015 Monthly
Class A
----------------------------------------------------------------------------
Investment Grade
Managed Duration
Income Fund - PFU.UN $ 0.050 10/30/2015 11/13/2015 Monthly
Class T
----------------------------------------------------------------------------
Limited Duration
Investment Grade
Preferred PFD.UN $ 0.125 10/30/2015 11/13/2015 Monthly
Securities Fund -
Class A
----------------------------------------------------------------------------
Limited Duration
Investment Grade
Preferred unlisted $ 0.125 10/30/2015 11/13/2015 Monthly
Securities Fund -
Class F
----------------------------------------------------------------------------
Limited Duration
Investment Grade
Preferred PFD.U US$ 0.1198 10/30/2015 11/13/2015 Monthly
Securities Fund -
Class U
----------------------------------------------------------------------------
Limited Duration
Investment Grade
Preferred unlisted US$ 0.1198 10/30/2015 11/13/2015 Monthly
Securities Fund -
Class V
----------------------------------------------------------------------------
(1) Dividend is designated as an "eligible" Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
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 $1.4 billion in assets under management and currently offers 13 exchange traded funds and mutual funds and 4 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, plus owns an equity stake in Purpose.
For further information please contact:
Dan Rubin
Vice President, Marketing
Purpose Investments Inc.
Tel: (877) 789-1517
Email: info@purposeinvest.com
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
