Purpose Investments Inc. Announces April Distributions

World News: . []

TORONTO, April 15, 2019 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the following distributions for the month of April 2019. The ex-distribution date for all ETFs is April 25, 2019, with the exception of Purpose High Interest Savings ETF and Purpose US Cash ETF, which have an ex-distribution date of April 29, 2019. The ex-distribution date for all closed-end funds is April 29, 2019.

   (1) Dividend is designated as an “eligible” Canadian dividend for purposes of the (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.

Purpose Investments is an asset management company with more than $6.5 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 PadanyiPurpose Investments Inc. Tel: (877) 789-1517 Email: info@purposeinvest.com

 

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Globe Newswire: 23:45 GMT Monday 15th April 2019

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