Press Releases

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Press Releases

  • Purpose Investments Inc. Announces July Distributions

    July 20th, 2017

    Purpose Investments Inc. is pleased to announce the following distributions for the month of July 2017. The ex-distribution date for all funds is July 27, 2017, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF, which have an ex-distribution date of July 31, 2017.   OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $ 0

  • Energy Credit Opportunities Income Fund Receives Approval for Normal Course Issuer Bid

    July 19th, 2017

    Energy Credit Opportunities Income Fund (the “Fund”) has received approval for a normal course issuer bid to purchase up to 280,725 Class A units (“Class A Units”) and 52,699 Class U units (“Class U Units”, and together with the Class A Units, “Units”) of the Fund, representing approximately 10% of the public float of 2,807,255 Class A Units and 526,999 Class U Units, respectively.  The Fund may purchase up to 56,145 Class A Units and 10

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid

    July 5th, 2017

    Purpose Investments announces that the Limited Duration Investment Grade Preferred Securities Fund (the “Fund”) (TSX: PFD.UN) has received approval for a normal course issuer bid to purchase up to 205,830 Class A Units (the “Units”) of the Fund, representing approximately 10% of the public float of 2,058,301 Units. The Fund may purchase up to 41,166 Units in any 30-day period. This represents 2% of the 2,0

  • Purpose Investments Inc. Announces June 2017 Distributions

    June 21st, 2017

    Purpose Investments Inc. is pleased to announce the following distributions for the month of June 2017. The ex-distribution date for all funds is June 28, 2017, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF, which have an ex-distribution date of June 30, 2017.   OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $ 0

  • Purpose Investments Announces the Launch of an Innovative New Short-Duration Investment-Grade Bond Fund

    June 8th, 2017

    Purpose Investments Inc. ("Purpose") is pleased to announce the launch of a new strategy that maximizes the yield opportunity of a short-duration investment-grade bond portfolio, the Purpose Short Duration Tactical Bond Fund (TSX:SBND) (the “Fund”). Purpose has completed the initial public offering of ETF units and the Fund will commence trading on the Toronto Stock Exchange today under the ticker symbol “SBND”.

  • NexC Partners Corp. announces it has agreed to sell all of its shares in Purpose Investments Inc. to Purpose and declares a Special Dividend

    May 25th, 2017

    Purpose Investments Inc. (“Purpose” or the “Manager”) and NexC Partners Corp. (“NexC” or the “Company”) (TSX: NXC) would like to announce that NexC has sold all of its shares in Purpose, a private company holding, back to Purpose. NexC was established in February 2013 with the goal of providing its shareholders with an investment in a high quality portfolio of North American dividend-paying equity securities, plus the opportunity to participate as a small equity shareholder of...

  • Purpose Investments Inc. announces a strategic investment by OMERS with the purchase of a minority equity position

    May 25th, 2017

    Purpose Investments Inc. (“Purpose” or the “Company”) announced today that it has reached a definitive agreement to sell OMERS Platform Investments a minority interest in the Company. OMERS is one of Canada’s largest pension funds, with over $85 billion net assets under management. “We founded Purpose on the idea that Canadians needed a better solution to protect and grow their investments, and that the investment industry was ready for the next step in its evolution,” said Som ...

  • Purpose Investments Inc. Announces April 2017 Distributions

    April 20th, 2017

    Purpose Investments Inc. is pleased to announce the following distributions for the month of April 2017. The ex-distribution date for all funds is April 26, 2017, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of April 28, 2017. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • NexC Partners Corp. Receives Approval for Normal Course Issuer Bid

    April 17th, 2017

    NexC Partners Corp. (the “Company”) (TSX: NXC) has received approval for a normal course issuer bid to purchase up to 195,027 Class A Shares (the “Shares”) of the Company, representing approximately 10% of the public float of 1,950,268 Shares as of April 11, 2017. The Company may purchase up to 39,005 Shares in any 30 day period which is 2% of the 1,950,268 issued and outstanding Shares at April 11, 20

  • Purpose Investments Inc. Announces March 2017 Distributions

    March 22nd, 2017

    Purpose Investments Inc. is pleased to announce the following distributions for the month of March 2017. The ex-distribution date for all funds is March 29, 2017, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of March 31, 2017 OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • NexC Partners Corp. Annual Redemption Update

    March 1st, 2017

    NexC Partners Corp. (the “Company” or “NexC”) (TSX: NXC) would like to announce that the annual redemption condition for the March 2017 annual redemption date has not been triggered as described in the Company’s prospectus. Over the four month period ended February 28th, 2017, the Class A shares traded on the TSX at an average discount of 4.96% to the net asset value per Class A share on a volume weighted basis.

  • Purpose Investments Inc. Announces February 2017 Distributions

    February 16th, 2017

    Purpose Investments Inc. is pleased to announce the following distributions for the month of February 2017. The ex-distribution date for all funds is February 24, 2017, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of February 28, 2017. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Inc. Announces January 2017 Distributions

    January 20th, 2017

    Purpose Investments Inc. is pleased to announce the following distributions for the month of January 2017. The ex-distribution date for all funds is January 27, 2017, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of January 31, 2017. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Inc. Announces Annual Capital Gains Distributions for Purpose Investment Trust Funds for 2016

    December 20th, 2016

    Purpose Investments Inc. today announced the 2016 annual capital gains distribution for Purpose Investment Trust Funds. The annual capital gains distributions will not be paid in cash, but will be reinvested and the resulting units immediately consolidated so that the number of units held by each investors will not change. Unitholders of record at close of business on December 30, 2016, will receive the 20

  • Purpose Investments Inc. Announces December 2016 Distributions

    December 19th, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of December 2016. The ex-distribution date for all funds is December 28, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of December 30, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • NexC Partners Corp. Declares Increased Quarterly Dividend

    December 6th, 2016

    The board of directors of NexC Partners Corp. (the “Company” or “NexC”) (TSX: NXC) has today declared a dividend of $0.165 per share on Class A shares, Class F shares and Class J shares of the Company. The dividend represents a $0.010 per share or 6.5% increase over the prior quarter’s dividend. Based on the closing market price of $11.28 per Class A shares on December 2, the indicative yield would be 5.

  • Purpose Investments Inc. Anticipates No Special Distributions on all ETFs and Mutual Funds based on latest 2016 Annual Capital Gains Estimates

    November 30th, 2016

    Purpose Investments Inc. is pleased to announce today that the following funds are not expected to have annual capital gains distributions for the 2016 tax year: Purpose Core Dividend Fund Purpose Total Return Bond Fund Purpose Monthly Income Fund Purpose Tactical Hedged Equity Fund Purpose Diversified Real Asset Fund Purpose Best Ideas Fund Purpose Duration Hedged Real Estate Fund Purpose Enhanced US Equity Fund Purpose Premium Money Market ETF Purpose Premium Yi...

  • Purpose Investments Inc. Announces November 2016 Distributions

    November 21st, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of November 2016. The ex-distribution date for all funds is November 28, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of November 29, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Announces the Launch of Two Innovative Income Funds

    October 26th, 2016

    Purpose Investments Inc. ("Purpose") is pleased to announce the launch of two new income-generating investment funds, the Purpose Conservative Income Fund (TSX:PRP) and the Purpose Canadian Financial Income Fund (TSX:BNC) (collectively the “Funds”). Purpose has completed the initial public offering of ETF shares of the Funds. The ETF shares of the Purpose Conservative Income Fund and the Purpose Canadian Financial Income Fund will commence trading on the Toronto Stock Exchange today under th...

  • Purpose Investments Inc. Announces October 2016 Distributions

    October 21st, 2016

    urpose Investments Inc. is pleased to announce the following distributions for the month of October 2016. The ex-distribution date for all funds is October 27, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of October 31, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Inc. Announces Completion of Acquisition of Redwood Asset Management Inc.

    September 26th, 2016

    Purpose Investments Inc. (“Purpose”) announces that it has completed the acquisition of Redwood Asset Management Inc. (“Redwood”). "We are excited about the growth potential of Redwood and we will be working with them to build on its leadership in the active management space,” said Som Seif, President and CEO Purpose. “The combination of Purpose’s industry leading quantitative rules-based strategies and Redwood’s specialized high-quality active mandates creates a formidable pl...

  • Purpose Investments Inc. Announces September 2016 Distributions

    September 21st, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of September 2016. The ex-distribution date for all funds is September 28, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of September 30, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid on Class U Units

    August 31st, 2016

    Limited Duration Investment Grade Preferred Securities Fund (the “Fund”) (TSX: PFD.U) has received approval for a normal course issuer bid to purchase up to 16,043 Class U Units (the “Units”) of the Fund, representing approximately 10% of the public float of 160,438 Units. The Fund may purchase up to 3,208 Units in any 30 day period which is 2% of the 160,438 issued and outstanding Units as at August 19, 20

  • Purpose Investments Inc. Announces August 2016 Distributions

    August 22nd, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of August 2016. The ex-distribution date for all funds is August 29, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of August 31, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Inc. and Redwood Asset Management Inc. Announce the Acquisition of Redwood

    July 25th, 2016

    Purpose Investments Inc. (“Purpose”), a leading provider of exchange traded funds (“ETFs”), mutual funds and closed-end funds, and Redwood Asset Management Inc. (“Redwood”) are pleased to announce that they and the shareholders of Redwood have entered into a definitive agreement pursuant to which Purpose will acquire all the outstanding shares of Redwood. The transaction is subject to customary regulatory approvals.

  • Purpose Investments Inc. and Redwood Asset Management Inc. Announce the Acquisition of Redwood

    July 25th, 2016

    Purpose Investments Inc. (“Purpose”), a leading provider of exchange traded funds (“ETFs”), mutual funds and closed-end funds, and Redwood Asset Management Inc. (“Redwood”) are pleased to announce that they and the shareholders of Redwood have entered into a definitive agreement pursuant to which Purpose will acquire all the outstanding shares of Redwood. The transaction is subject to customary regulatory approvals.

  • Purpose Investments Inc. Announces July Distributions

    July 21st, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of July 2016. The ex-distribution date for all funds is July 27, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of July 29, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Energy Credit Opportunities Income Fund Receives Approval for Normal Course Issuer Bid

    July 19th, 2016

    Energy Credit Opportunities Income Fund (the “Fund”) has received approval for a normal course issuer bid to purchase up to 291,027 Class A units (“Class A Units”) and 53,217 Class U units (“Class U Units”, and together with the Class A Units, “Units”) of the Fund, representing approximately 10% of the public float of 2,910,272 Class A Units and 532,175 Class U Units, respectively. The Fund may purchase up to 58,225 Class A Units and 10

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid

    June 27th, 2016

    Limited Duration Investment Grade Preferred Securities Fund (the “Fund”) (TSX: PFD.UN) has received approval for a normal course issuer bid to purchase up to 277,842 Class A Units (the “Units”) of the Fund, representing approximately 10% of the public float of 2,778,426 Units. The Fund may purchase up to 55,568 Units in any 30 day period which is 2% of the 2,778,426 issued and outstanding Units as at June 16, 20

  • Purpose Investments Inc. Announces June Distributions

    June 22nd, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of June 2016. The ex-distribution date for all funds is June 28, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of June 30, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Announces Exercise of Over-Allotment Option of the Second Treasury Offering for U.S. Banks Income & Growth Fund

    June 22nd, 2016

    Purpose Investments Inc. (“Purpose”), on behalf of the U.S. Banks Income & Growth Fund (the “Fund”), is pleased to announce that the Fund has issued, pursuant to the exercise of the over-allotment option (the “Over-Allotment Option”) by the syndicate of agents, an additional 8,200 Class T Units at $9.69 per Class T Unit for gross proceeds of $79,458. The Class T Units are listed on the Toronto Stock Exchange under the symbol PUB.

  • U.S. Banks Income & Growth Fund Closes Treasury Offering

    June 8th, 2016

    Purpose Investments Inc. (“Purpose”), on behalf of the U.S. Banks Income & Growth Fund (the “Fund”), announces that the Fund has completed its treasury offering (the “Offering”) of Class A2 Units and Class T Units, for gross proceeds of approximately $5.9 million. The Fund has granted the agents for the Offering an over-allotment option to purchase additional Class T Units in an amount up to 15% of the aggregate number of Class T Units issued in connection with the Offering at $9...

  • U.S. Banks Income & Growth Fund Announces Final Terms of Public Offering

    May 31st, 2016

    Purpose Investments Inc. (“Purpose”), on behalf of the U.S. Banks Income & Growth Fund (the “Fund”), announces the filing by the Fund of a shelf prospectus supplement in final form with the securities regulators in all of the provinces and territories of Canada relating to a public offering of Class A2 Units and Class T Units (together, the “Units”). The Class T Units are being offered at a price of $9.

  • Purpose Investments Announces the Completion of Conversion of Silver Bullion Trust into an Exchange-Traded Fund and Offering of ETF Currency Hedged Units

    May 26th, 2016

    Purpose Investments Inc. ("Purpose Investments") is pleased to announce that it has completed the conversion of the Silver Bullion Trust (TSX:SBT) (“SBT” or the “Fund”) into an open ended exchange traded fund (“ETF”). The non-currency hedged units of the Fund will commence trading today under the ticker symbol “SBT.B” (CAD dollar denominated) and “SBT.U” (U.S. dollar denominated).

  • Purpose Investments Inc. Announces May Distributions

    May 19th, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of May 2016. The ex-distribution date for all funds is May 27, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of May 31, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • U.S. Banks Income & Growth Fund Announces a Public Offering

    May 10th, 2016

    Purpose Investments Inc. ("Purpose"), on behalf of the U.S. Banks Income & Growth Fund (the "Fund"), announces the filing by the Fund of an amended preliminary form of shelf prospectus supplement with the securities regulators in all of the provinces and territories of Canada relating to a public offering of Class A2 Units and Class T Units (together, the "Units"). The terms of the offering, including the maximum amount to be raised and the offering price of the Class T Units, will be set forth ...

  • Purpose Investments Inc. Announces April Distributions

    April 21st, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of April 2016. The ex-distribution date for all funds is April 27, 2016, with the exception of the Purpose High Interest Savings ETF and the Purpose US Cash ETF which have an ex-distribution date of April 29, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • NexC Partners Corp. Announces a Change to its Board of Directors

    April 18th, 2016

    The board of directors of NexC Partners Corp. (the “Company” or “NexC”) (TSX: NXC) is pleased to announce that it has appointed Vladimir Tasevski as Chief Executive Officer and a director of the Company. As a senior executive with Purpose Investments Inc. (“Purpose”), the manager of the Company, Mr. Tasevski brings considerable experience and expertise to the Company’s board. In connection with the appointment of Mr.

  • NexC Partners Corp. Receives Approval for Normal Course Issuer Bid

    April 15th, 2016

    NexC Partners Corp. (the “Company”) (TSX: NXC) has received approval for a normal course issuer bid to purchase up to 206,794 Class A Shares (the “Shares”) of the Company, representing approximately 10% of the public float of 2,067,942 Shares as of April 6, 2016. The Company may purchase up to 41,369 Shares in any 30 day period which is 2% of the 2,068,467 issued and outstanding Shares at April 6, 20

  • Purpose Investments Comments on Impact of 2016 Federal Budget Proposals on Its Corporate Class Funds

    April 12th, 2016

    Purpose Investments Inc. ("Purpose") wishes to comment on the 2016 Federal Budget proposed changes to the Income Tax Act (Canada) (the "Proposal") from March 22, 2016 that will prevent tax-deferred switching between shares of a mutual fund corporation. If adopted in its current form, the Proposal will become effective on October 1, 2016 and will treat a switch between mutual funds shares of the same mutual fund corporation as a disposition at fair market value for tax purposes resulting in a cap...

  • NexC Partners Corp. Annual Redemption Update

    March 1st, 2016

    NexC Partners Corp. (the “Company”) (TSX: NXC) would like to announce that the annual redemption condition for the March 2016 annual redemption has been triggered as described in the Company’s prospectus. Over the four month period ended February 28th, 2016, the Class A shares traded on the TSX at an average discount to net asset value (“NAV”) of 5.21% on a volume weighted basis. Shareholders may tender their Class A, Class F or Class J shares for redemption and will receive a Redem...

  • Purpose Investments Expands Its Innovative Cash Product Family with Two New Funds

    February 24th, 2016

    Purpose Investments Inc. is pleased to announce the launch of the Purpose US Cash ETF (TSX:PSU.U) (the “Fund”) and the Purpose Premium Money Market Fund. The initial public offering of the Fund’s ETF units has closed and the ETF units will commence trading on the Toronto Stock Exchange today under the ticker symbol “PSU.U”. The Purpose US Cash ETF seeks to maximize U.S. dollar monthly income for unitholders while preserving capital and liquidity by investing primarily in high inte...

  • Purpose Investments Inc. Announces February Distributions

    February 18th, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of February 2016. The ex-distribution date for all funds is February 25, 2016, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of February 29, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Announces It Has Become Manager and Trustee of Silver Bullion Trust

    February 12th, 2016

    Purpose Investments Inc. (“Purpose”), is pleased to announced it has become the manager and trustee of Silver Bullion Trust (“SBT”) following unitholder approval on January 26, 2016 of certain amendments to SBT's Amended and Restated Declaration of Trust (the "DOT"). The approved amendments of the DOT enable SBT to convert into an exchange traded fund (“ETF Conversion”). Additionally, for the interim period prior to completion of the ETF Conversion, SBT's current redemption featu...

  • Silver Bullion Trust Unitholders Approve ETF Conversion With Purpose Investments And Enhanced Redemption Features

    January 26th, 2016

    Silver Bullion Trust (“SBT” or the “Trust”) (symbol: TSX – SBT.UN (C$) and SBT.U (US$)) today announced that SBT Unitholders voted to approve amendments to SBT's Amended and Restated Declaration of Trust dated July 9, 2009 (the “DOT”), in order to permit its conversion from a closed-end fund to a silver-bullion exchange traded fund (the "ETF Conversion") at a special meeting of Unitholders held earlier today in Toronto.

  • Silver Bullion Trust Unitholders Approve Etf Conversion With Purpose Investments And Enhanced Redemption Features

    January 26th, 2016

    Silver Bullion Trust (“SBT” or the “Trust”) (symbol: TSX – SBT.UN (C$) and SBT.U (US$)) today announced that SBT Unitholders voted to approve amendments to SBT's Amended and Restated Declaration of Trust dated July 9, 2009 (the “DOT”), in order to permit its conversion from a closed-end fund to a silver-bullion exchange traded fund (the "ETF Conversion") at a special meeting of Unitholders held earlier today in Toronto.

  • Purpose Investments Inc. Announces January Distributions

    January 20th, 2016

    Purpose Investments Inc. is pleased to announce the following distributions for the month of January 2016. The ex-distribution date for all funds is January 27, 2016, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of January 29, 2016. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Announces the Launch of the Innovative Purpose Premium Yield Fund

    January 19th, 2016

    Purpose Investments Inc. ("Purpose Investments") is pleased to announce the launch of the Purpose Premium Yield Fund (TSX:PYF) (the “Fund”). The initial public offering of the Fund’s ETF shares has closed and the ETF shares will commence trading on the Toronto Stock Exchange today under the ticker symbol “PYF”. The Purpose Premium Yield Fund employs a flexible approach to investing, using cash-covered put and covered call option strategies blended with fundamentally-selected equity...

  • Purpose Investments Inc. Announces December Distributions and Confirms No Annual Capital Gains Distributions on All Purpose Investment Trust Funds

    December 18th, 2015

    Purpose Investments Inc. (“Purpose”) is pleased to announce the following distributions for the month of December 2015. The ex-distribution date for all funds is December 29, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of December 31, 2015. Open-End Funds TSX Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Purpose Core Dividend Fund - ETF Series PDF $ 0

  • U.S. Banks Income & Growth Fund Announces the completion of its initial public offering

    December 14th, 2015

    Purpose Investments Inc. ("Purpose"), on behalf of the U.S. Banks Income & Growth Fund (the "Fund"), is pleased to announce that it completed its initial public offering of, in aggregate, 3,187,167 Class A Units and Class T Units (together, the "Units") at a price of $10.00 per Unit for gross proceeds of $31,871,670. The Class T Units are listed on the Toronto Stock Exchange under the symbol PUB.UN.

  • U.S. Banks Income & Growth Fund Announces Exchange Ratios for Exchange Option

    December 8th, 2015

    Purpose Investments Inc., on behalf of the U.S. Banks Income & Growth Fund (the “Fund”), is pleased to announce the exchange ratios for the exchange offer by the Fund (the “Exchange Option”) being made under the final prospectus of the Fund dated November 25, 2015. The Fund’s investment objectives are to: (i) maximize total return through capital appreciation and distributions; and (ii) provide unitholders with monthly distribution.

  • Purpose Investments Inc. Announces November Distributions

    December 7th, 2015

    https://www.purposeinvest.com/purpose-investments-inc-announces-november-distributions/

  • Central GoldTrust and Silver Bullion Trust File Management Information Circulars and Purpose Investments Provides Update on Benefits of Conversion to ETFs

    December 7th, 2015

    Purpose Investments Inc. (“Purpose”), manager of the Purpose family of exchange-traded funds (“ETFs”) and mutual funds is pleased to announce that Central GoldTrust and Silver Bullion Trust (together the “Funds”) have each filed a Management Information Circular (“Circular”, together the “Circulars”) for unitholder meetings to be held on January 26, 2016 to consider and vote on the proposed conversion of the Funds into ETFs (“ETF Conversions”).

  • Purpose Investments Inc. Announces 2015 Annual Capital Gains Estimates and Anticipates No Special Distributions on all ETFs and Mutual Funds

    November 26th, 2015

    Purpose Investments Inc. announces today that the following funds are not expected to have annual capital gains distributions for the 2015 tax year: Purpose Core Dividend Fund Purpose Total Return Bond Fund Purpose Monthly Income Fund Purpose Tactical Hedged Equity Fund Purpose Diversified Real Asset Fund Purpose Best Ideas Fund Purpose Duration Hedged Real Estate Fund Purpose Enhanced US Equity Fund Purpose Multi-Strategy Market Neutral Fund Purpose US Dividend Fund Purp...

  • Purpose Investments Inc. Announces Definitive Agreement to Convert Central GoldTrust and Silver Bullion Trust into ETFs in Partnership with Central Gold Managers Inc. and Silver Administrators Ltd.

    November 26th, 2015

    Purpose Investments Inc. (“Purpose”), manager of the Purpose family of ETFs and mutual funds is pleased to announce it has entered into a definitive agreement with Central GoldTrust (“CGT”), Central Gold Managers Inc. (“CGT Administrator”), Silver Bullion Trust (“SBT”,  together with CGT, the “Funds”)) and Silver Administrators Inc. (“SBT Administrator”, together with CGT Administrator, the “Administrators”) regarding the conversion of the Funds into exchange-traded ...

  • Purpose Investments Inc. Announces November Distributions

    November 19th, 2015

    Purpose Investments Inc. is pleased to announce the following distributions for the month of November 2015. The ex-distribution date for all funds is November 26, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of November 30, 2015. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Announces the Launch of an Innovative New Investment Grade Bond Fund

    October 28th, 2015

    Purpose Investments Inc. ("Purpose Investments") is pleased to announce the launch of the Purpose Tactical Investment Grade Bond Fund (TSX:BND) (the “Fund”). The initial public offering of the Fund’s ETF units has closed and the ETF units will commence trading on the Toronto Stock Exchange today under the ticker symbol “BND”. "The biggest challenge facing investors and advisors today is how to allocate to fixed income in their portfolios,” said Som Seif, President and Chief Execu...

  • Purpose Investments Inc. Announces October Distributions

    October 21st, 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. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Inc. Announces Correction to Distribution Amount

    September 24th, 2015

    Purpose Investments Inc. announces a correction to the September 2015 distribution amount for Purpose International Tactical Hedged Equity Fund – ETF Series (TSX: PHW). The press release on September 21, 2015 at 17:16 ET reported an incorrect distribution of $0.013 per share. The correct distribution amount should be $0.130 per share. The distribution is payable on October 7, 2015 to holders of record at the close of business on September 30

  • Purpose Investments Inc. Announces September Distributions

    September 21st, 2015

    Purpose Investments Inc. is pleased to announce the following distributions for the month of September 2015. The ex-distribution date for all funds is September 28, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of September 30, 2015. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • NexC Partners Corp. Declares Increased Quarterly Dividend

    September 14th, 2015

    The board of directors of NexC Partners Corp. (the “Company” or “NexC”) (TSX: NXC) has today declared a quarterly dividend of $0.155 per share on Class A shares, Class F shares and Class J shares of the Company. The dividend represents an increase of $0.015 per share or 10.7% over the prior quarter’s dividend. Based on the September 11, 2015 closing market price of $10.16 per Class A share, the dividend represents an indicative annual yield of 6.

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid on Class U Units

    August 28th, 2015

    Limited Duration Investment Grade Preferred Securities Fund (the “Fund”) (TSX:PFD.U) has received approval for a normal course issuer bid to purchase up to 20,837 Class U Units (the “Units”) of the Fund, representing approximately 10% of the public float of 208,376 Units. The Fund may purchase up to 4,167 Units in any 30 day period which is 2% of the 208,376 issued and outstanding Units as at August 25, 20

  • Investment Grade Managed Duration Income Fund Announces the completion of its initial public offering

    August 21st, 2015

    Purpose Investments Inc. (“Purpose”), on behalf of the Investment Grade Managed Duration Income Fund (the “Fund”), is pleased to announce that it completed its initial public offering of, in aggregate, 3,083,288 Class A Units and Class T Units (together, the “Units”) at a price of $10.00 per Unit for gross proceeds of $30,832,880. The Class T Units are listed on the Toronto Stock Exchange under the symbol PFU.

  • Purpose Investments Inc. Announces August Distributions

    August 20th, 2015

    Purpose Investments Inc. is pleased to announce the following distributions for the month of August 2015. The ex-distribution date for all funds is August 27, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of August 31, 2015. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Investment Grade Managed Duration Income Fund Announces Exchange Ratios for Exchange Option

    August 18th, 2015

    Purpose Investments Inc., on behalf of the Investment Grade Managed Duration Income Fund (the “Fund”), is pleased to announce the exchange ratios for the exchange offer by the Fund (the “Exchange Option”) being made under the final prospectus of the Fund dated July 30, 2015. The Fund’s investment objectives are to: (i) provide holders of units with a stable stream of monthly distributions; (ii) preserve the net asset value per unit; and reduce the risk of rising interest ra...

  • Purpose Investments Inc. Announces July Distributions

    July 23rd, 2015

    Purpose Investments Inc. is pleased to announce the following distributions for the month of July 2015. The ex-distribution date for all funds is July 29, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of July 31, 2015. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid

    June 24th, 2015

    Limited Duration Investment Grade Preferred Securities Fund (the “Fund”) (TSX: PFD.UN) has received approval for a normal course issuer bid to purchase up to 346,941 Class A Units (the “Units”) of the Fund, representing approximately 10% of the public float of 3,469,414 Units. The Fund may purchase up to 69,388 Units in any 30 day period which is 2% of the 3,469,414 issued and outstanding Units as at June 18, 20

  • Purpose Investments Completes Initial Public Offering for the Energy Credit Opportunities Income Fund

    June 19th, 2015

    Purpose Investments Inc. (“Purpose”) is pleased to announce the closing of its initial public offering (the "Offering") for the Energy Credit Opportunities Income Fund (the "Fund”). Pursuant to the Offering, the Fund issued an aggregate of 3,000,000 million Class A units (the “CAD Units”) and 500,000 Class U units (the "USD Units, collectively with the CAD Units the “Units") at $10.00 per CAD Unit and U.

  • Purpose Investments Inc. Announces June Distributions

    June 19th, 2015

    Purpose Investments Inc. is pleased to announce the following distributions for the month of June 2015. The ex-distribution date for all funds is June 26, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of June 30, 2015. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Inc. Announces May Distributions

    May 20th, 2015

    Purpose Investments Inc. is pleased to announce the following distributions for the month of May 2015. The ex-distribution date for all funds is May 27, 2015, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of May 29, 2015. OPEN-END FUNDS TSX SYMBOL DISTRIBUTION PER SHARE/UNIT ($) RECORD DATE PAYABLE DATE DISTRIBUTION FREQUENCY Purpose Core Dividend Fund - ETF Series PDF $0

  • Purpose Investments Files Preliminary Prospectus for the Energy Credit Opportunities Income Fund

    May 1st, 2015

    Purpose Investments Inc. ("Purpose") is pleased to announce that it has filed a preliminary prospectus for the Energy Credit Opportunities Income Fund (the "Fund"). The Fund's initial public offering will consist of Canadian dollar denominated Class A units ("CAD Units") and U.S. dollar denominated Class U units ("USD Units", and together with the CAD Units, "Units") of the Fund at a price of $10.0

  • Purpose Investments Announces the Launch of Two Highly Innovative International Funds

    April 22nd, 2015

    Purpose Investments Inc. ("Purpose") is pleased to announce the launch of two new international investment funds, Purpose International Dividend Fund (TSX:PID) and Purpose International Tactical Hedged Equity Fund (TSX:PHW) (collectively the "Funds"). Purpose has completed the initial public offering of the ETF units of Purpose International Dividend Fund and ETF shares of Purpose International Tactical Hedged Equity Fund.

  • NexC Partners Corp. Receives Approval for Normal Course Issuer Bid

    April 6th, 2015

    NexC Partners Corp. (the “Company”) (TSX: NXC) has received approval for a normal course issuer bid to purchase up to 274,788 Class A Shares (the “Shares”) of the Company, representing approximately 10% of the public float of 2,747,884 Shares. The Company may purchase up to 54,957 Shares in any 30 day period which is 2% of the 2,747,884 issued and outstanding Shares at March 24, 2015. The Shares may be purchased for cancellation from April 8, 20

  • NexC Partners Corp. Annual Redemption Update

    March 3rd, 2015

    NexC Partners Corp. (the “Company”) (TSX: NXC) would like to announce that the annual redemption condition for the March 2015 annual redemption date has not been triggered as described in the Company’s prospectus. Over the four month period ended February 28th, 2015, the Class A shares traded on the TSX at an average discount of 4.48% to the net asset value per Class A share on a volume weighted basis.

  • Purpose Investments surpasses $1 billion in assets under management in less than two years

    February 9th, 2015

    Purpose Investments Inc. (“Purpose”) is pleased to announce that the firm's assets under management (AUM) have surpassed $1 billion. Purpose is one of the fastest growing independent asset managers in Canada, launching its family of investment funds in the fall of 2013. Purpose is wholeheartedly committed to democratizing the investment industry by giving all Canadians, small and large, access to a range of investment strategies that had previously only been available to larger investors...

  • NexC Partners Corp. Declares 2014 Capital Gains Dividends

    January 16th, 2015

    NexC Partners Corp. (the “Company” or “NexC”) (TSX: NXC) confirmed today the annual capital gains dividends for the 2014 tax year are $0.26 per Class A share, $0.48 per Class F share and $0.70 per Class J share of the Company. Please note that this is an update to the estimated annual capital gains dividends previously announced on November 27, 2014. The capital gains dividend is payable on January 23, 20

  • NexC Partners Corp. Declares Increased Quarterly Dividend

    November 11th, 2014

    The board of directors of NexC Partners Corp. (the “Company” or “NexC”) (TSX: NXC) has today declared a dividend of $0.14 per share on Class A shares, Class F shares and Class J shares of the Company. The dividend is payable on January 8, 2015 to holders of record at the close of business on December 31, 2014. “We are extremely proud of the performance of NexC and what it has provided to investors since its inception in February 20

  • Purpose Best Ideas Fund Expands Offering With Non-Currency Hedged Shares and U.S. Dollar Purchase Options

    October 30th, 2014

    Purpose Investments Inc. ("Purpose") is pleased to announce the launch of ETF non-currency hedged shares of the popular Purpose Best Ideas Fund (the "Fund"). The ETF non-currency hedged shares of the Fund will commence trading on the Toronto Stock Exchange today under the ticker symbol PBI.B. The Fund now also offers series A and series F non-currency hedged mutual fund shares for purchase by investors in both Canadian and U.

  • Purpose Investments Announces the Launch of Two Highly Innovative and Important Alternative Strategy Funds for Canada

    October 14th, 2014

    Purpose Investments Inc. ("Purpose") is pleased to announce the launch of two new alternative investment funds, Purpose Multi-Strategy Market Neutral Fund (TSX:PMM) and Purpose Enhanced US Equity Fund (TSX:PEU) & (TSX:PEU.B) (collectively the "Funds"). Purpose has completed the initial public offering of the ETF units of PMM and the currency hedged and non-currency hedged ETF shares of PEU and PEU.

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid on Class U Units

    August 28th, 2014

    Limited Duration Investment Grade Preferred Securities Fund (the “Fund”) has received approval for a normal course issuer bid to purchase up to 31,109 Class U Units (the “Units”) of the Fund, representing approximately 10% of the public float of 311,096 Units. The Fund may purchase up to 6,221 Units in any 30 day period which is 2% of the 311,096 issued and outstanding Units as at August 26, 20

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid

    June 25th, 2014

    Limited Duration Investment Grade Preferred Securities Fund (the “Fund”) (TSX: PFD.UN) has received approval for a normal course issuer bid to purchase up to 447,803 Class A Units (the “Units”) of the Fund, representing approximately 10% of the public float of 4,478,032 Units. The Fund may purchase up to 89,560 Units in any 30 day period which is 2% of the 4,478,032 issued and outstanding Units as at June 19, 20

  • Purpose Investments Expands Investment Fund Offering with Launch of Two New Innovative Funds and a Non-Currency Hedged Series of Existing Fund

    April 29th, 2014

    Purpose Investments Inc. ("Purpose") is pleased to announce the launch of two new investment funds, the Purpose Best Ideas Fund (TSX:PBI) and the Purpose Duration Hedged Real Estate Fund (TSX:PHR), as well as the launch of the non-currency hedged version of the popular Purpose Tactical Hedged Equity Fund (TSX:PHE.B) ( collectively the “Funds”). Purpose has completed the initial public offering of the Funds’ exchange traded series of shares ("ETF Shares").

  • NexC Partners Corp. Receives Approval for Normal Course Issuer Bid

    March 31st, 2014

    NexC Partners Corp. (the "Company") (TSX:NXC) has received approval for a normal course issuer bid to purchase up to 297,463 Class A Shares (the "Shares") of the Company, representing approximately 10% of the public float of 2,974,639 Shares. The Company may purchase up to 59,492 Shares in any 30 day period which is 2% of the 2,974,639 issued and outstanding Shares at March 27, 2014. The Shares may be purchased for cancellation from April 2, 20

  • Purpose Investments Inc. confirms Transaction and Merger Date for Legg Mason BW Investment Grade Focus Fund and Limited Duration Investment Grade Preferred Securities Fund

    March 11th, 2014

    Purpose Investments Inc. (“Purpose”) and Meadowbank Capital Inc. ("Meadowbank"), as the manager of the Legg Mason BW Investment Grade Focus Fund (TSX:BWI.UN) (the "BWI Fund"), are pleased to announce that closing of the following transactions are anticipated to occur on or about March 14, 2014 (the “Effective Date”): (1) the change in the manager and the investment manager of the BWI Fund from Meadowbank and Meadowbank Asset Management Inc.

  • Purpose Investments Launches the World’s First High Interest Savings ETF

    October 15th, 2013

    Purpose Investments Inc. (“Purpose”) is pleased to announce the launch of the Purpose High Interest Savings ETF (TSX:PSA), which will begin trading today on the Toronto Stock Exchange. The Purpose High Interest Savings ETF seeks to maximize monthly income while preserving capital and liquidity. The Fund invests substantially all of its assets in high interest deposit accounts with one or more Chartered Banks and/or Canadian credit unions, providing investors with greater yield than tradit...

  • Purpose Investments Inc. Launches Purpose Diversified Real Asset Fund

    September 5th, 2013

    Purpose Investments Inc. ("Purpose") is pleased to announce that the Purpose Diversified Real Asset Fund ( the "Fund"), has completed the initial public offering of its exchange traded series of shares ("ETF Shares"). The ETF Shares of the Fund will commence trading on the Toronto Stock Exchange today under the ticker symbol PRA. Today's launch is part of Purpose's first series of open-ended funds for Canadian investors.

  • Purpose Investments Inc. Launches Purpose Total Return Bond Fund

    September 4th, 2013

    Purpose Investments Inc. ("Purpose") is pleased to announce that the Purpose Total Return Bond Fund ( the "Fund"), has completed the initial public offering of its exchange traded series of shares ("ETF Shares"). The ETF Shares of the Fund will commence trading on the Toronto Stock Exchange today under the ticker symbol PBD. Today's launch is part of Purpose's first series of open-ended funds for Canadian investors.

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid on Class U Units

    August 28th, 2013

    Limited Duration Investment Grade Preferred Securities Fund (the “Fund”) has received approval for a normal course issuer bid to purchase up to 33,056 Class U Units (the “Units”) of the Fund, representing approximately 10% of the public float of 330,568 Units. The Fund may purchase up to 6,611 Units in any 30 day period which is 2% of the 330,568 issued and outstanding Units as at August 28, 20

  • Purpose Investments Congratulates Breton Hill Capital for Receiving Best Canadian Hedge Fund Award

    July 29th, 2013

    Purpose Investments Inc. ("Purpose") congratulates Breton Hill Capital Ltd. ("Breton Hill Capital") on receiving the "Best Canadian Hedge Fund Award" at the Hedge Funds Review Americas Awards 2013. At a ceremony held last night in New York City, awards were presented to top hedge funds and fund of funds from the U.S., Canada and Latin America. Award winners were selected using a rigorous methodology that combines both quantitative and qualitative analysis.

  • Limited Duration Investment Grade Preferred Securities Fund Receives Approval for Normal Course Issuer Bid

    June 25th, 2013

    Limited Duration Investment Grade Preferred Securities Fund (the "Fund") (TSX: PFD.UN) has received approval for a normal course issuer bid to purchase up to 333,983 Class A Units (the "Units") of the Fund, representing approximately 10% of the public float of 3,339,832 Units. The Fund may purchase up to 66,796 Units in any 30 day period which is 2% of the 3,339,832 issued and outstanding Units as at June 24, 20

  • NexC Partners Corp. Declares Second Quarter Dividend

    June 19th, 2013

    The board of directors of NexC Partners Corp. (the "Company") (TSX: NXC) has today declared a dividend of $0.125 per share on Class A Shares, Class F Shares and Class J Shares of the Company. The dividend is payable on July 2, 2013 to holders of record at the close of business on June 28, 2013. These dividends are designated as "eligible" Canadian dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

  • Limited Duration Investment Grade Preferred Securities Fund Rated 'P-2(Low)f/BBB-f'

    May 1st, 2013

    Standard & Poor's Ratings Services today said it assigned its 'P-2(Low)f' Canadian national credit quality scale rating and its 'BBB-f' global credit quality scale rating on the Limited Duration Investment Grade Preferred Securities Fund. The Limited Duration Investment Grade Preferred Securities Fund is an investment fund established as a trust under the laws of the Province of Ontario pursuant to a declaration of trust that proposes to issue redeemable, transferable Class A units and Cl...

  • NexC Partners Corp. Receives Approval for Normal Course Issuer Bid

    March 28th, 2013

    NexC Partners Corp. (the “Company”) (TSX: NXC) has received approval for a normal course issuer bid to purchase up to 309,288 Class A Shares (the “Shares”) of the Company, representing approximately 10% of the public float of 3,092,880 Shares. The Company may purchase up to 61,857 Shares in any 30 day period which is 2% of the 3,092,880 issued and outstanding Shares at March 28, 2013. The Shares may be purchased for cancellation from April 2, 20

  • NexC Partners Corp. Declares First Quarter Dividend

    March 19th, 2013

    The board of directors of NexC Partners Corp. (the “Company”) (TSX: NXC) has today declared an initial dividend of $0.055 per share on Class A Shares, Class F Shares and Class J Shares of the Company. This initial dividend covers the period from February 20, 2013 (the closing date of the Company’s initial public offering) to March 28, 2013. The initial dividend is payable on April 2, 2013 to holders of record at the close of business on March 28, 20

  • CIBC Mellon selected to provide asset servicing for newly-launched Purpose Investments

    February 6th, 2013

    Canadian investment industry innovator Som Seif chooses CIBC Mellon for global custody, fund accounting and securities lending services CIBC Mellon today announced that Purpose Investments Inc. (“Purpose”) has selected the company to deliver a full suite of asset servicing solutions, including custody, fund accounting, ETF administration and securities lending services. CIBC Mellon will provide the newly-launched Purpose with a global custody solution via the BNY Mellon global network, an...

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