Purpose Investments Inc. Announces Final Annual 2020 Capital Gains Distributions

Written by Customer Service on . Posted in Dividend Reports And Estimates.

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) today announced the final annual capital gains distributions for its open-end exchange-traded funds and closed-end funds (“the Funds”) with a December 15, 2020 tax year-end. The distributions represent capital gains realized by the Funds during the year.
The annual capital gain distribution for Purpose Gold Bullion Fund will be paid in cash. ETF Series unitholders of record at the close of business on December 29, 2020 will receive the 2020 annual capital gains distribution on January 8, 2021.Details of the per unit distribution amounts are as follows:Purpose expects to announce the final annual capital gains distributions amounts for Purpose High Interest Savings ETF, Purpose US Cash Fund, and Purpose Specialty Lending Trust on or about December 31, 2020, if necessary. As of December 18, 2020, no capital gains distributions are expected.For Purpose Fund Corp., and Big Banc Split Corp., which are mutual fund corporations, final annual capital gains distributions will be announced on or about January 29, 2021, if necessary. Purpose Mutual Funds Limited will not have an annual capital gain distribution.About Purpose InvestmentsPurpose Investments is an asset management company with more than $10-billion 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 Financial, an independent technology-driven financial services company.For further information please contact:
Matt Padanyi
Purpose Investments Inc.
Tel: (877) 789-1517
Email: info@purposeinvest.comCommissions, 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.This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. This press release is not for dissemination in the United States or for distribution to US news wire services. 

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