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Purpose Investments Inc. Announces September Distributions

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

TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) — Purpose Investments Inc. is pleased to announce the following distributions for the month of September 2020. The ex-distribution date for all ETFs is September 25, 2020, with the exception of Purpose High Interest Savings ETF and Purpose US Cash ETF, which have an ex-distribution date of September 29, 2020. The ex-distribution date for all closed-end funds is September 29, 2020.Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.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.The first distribution of Big Banc Split Corp. is prorated to reflect the period from the closing date of June 24, 2020 to September 30, 2020.About Purpose Investments Inc.Purpose Investments is an asset management company with more than $9-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 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.com 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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