Friday December 13th, 2013
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Purpose Investments Inc. is pleased to announce the following distributions for the month of December 2013. The ex-distribution date for all funds is December 27, 2013, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of December 31, 2013.
|OPEN-END FUNDS||TSX SYMBOL||DISTRIBUTION PER SHARE/UNIT ($)||RECORD DATE||PAYMENT DATE||DISTRIBUTION FREQUENCY|
|Purpose Core Dividend Fund – ETF Series||$0.06301||12/31/2013||01/08/2014||Monthly|
|Purpose Total Return Bond Fund – ETF Series||PBD||$0.07401||12/31/2013||01/08/2014||Monthly|
|Purpose Monthly Income Fund – ETF Series||PIN||$0.08301||12/31/2013||01/08/2014||Monthly|
|Purpose Tactical Hedged Equity Fund – ETF Series||PHE||$0.06401||12/31/2013||01/08/2014||Annual|
|Purpose Diversified Real Asset Fund – ETF Series||PRA||$0.09801||12/31/2013||01/08/2014||Annual|
|Purpose High Interest Savings ETF||PSA||$0.0591||12/31/2013||01/08/2014||Monthly|
|CLOSED-END FUNDS||TSX SYMBOL||DISTRIBUTION PER SHARE/UNIT ($)||RECORD DATE||PAYMENT DATE||DISTRIBUTION FREQUENCY|
|NexC Partners Corp. – Class A||NXC||$0.12501||12/31/2013||01/08/2014||Quarterly|
|NexC Partners Corp. – Class F||Unlisted||$0.12501||12/31/2013||01/08/2014||Quarterly|
|Limited Duration Investment Grade Preferred Securities Fund – Class A||PFD.UN||$0.1250||12/31/2013||01/15/2014||Monthly|
|Limited Duration Investment Grade Preferred Securities Fund – Class F||Unlisted||$0.1250||12/31/2013||01/15/2014||Monthly|
|Limited Duration Investment Grade Preferred Securities Fund – Class U||PFD.U||US$0.1198||12/31/2013||01/15/2014||Monthly|
|Limited Duration Investment Grade Preferred Securities Fund – Class V||Unlisted||US$0.1198||11/29/2013||01/15/2014||Monthly|
1Dividend is designated as an “eligible” Canadian dividend for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
Estimated 2013 Annual Capital Gains Distributions
Purpose Investments announces today that the following funds are not expected to have annual capital gains distributions for the 2013 tax year:
- Purpose Core Dividend Fund
- Purpose Total Return Bond FundPurpose Monthly Income Fund
- Purpose Tactical Hedged Equity Fund
- Purpose Diversified Real Asset Fund
- Purpose High Interest Savings ETF
- Limited Duration Investment Grade Preferred Securities Fund
The estimated annual capital gains distributions for NexC Partners Corp. Class A and Class F shares are $0.02 and $0.28 per share, respectively.
Please note that these are estimated amounts only. Circumstances may arise which would cause these estimates to change before the Funds’ tax year ends on December 15, 2013 or December 31, 2013, as applicable.
Certain statements may constitute a forward-looking statement, including those identified by the expressions “estimate” or “expect” and similar expressions (including grammatical variations thereof) to the extent they relate to the Funds. The forward-looking statements are not historical facts but reflect the Funds’ or Purpose Investments’ current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. These and other factors should be considered carefully and readers should not place undue reliance on the Funds’ forward-looking statements. These forward-looking statements are made as of the date hereof and the Funds do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.
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