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Company News: Page (1) of 1 - 05/18/18 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Purpose Investments Inc. Announces May Distributions
By Globenewswire

TORONTO, May 18, 2018 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the following distributions for the month of May 2018. The ex-distribution date for all ETFs is May 28, 2018, 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, 2018. The ex-distribution date for all Closed End Funds is May 30, 2018.

Open-End FundsTicker
Symbol
Distribution
per
share/unit
Record
Date
Payable
Date
Distribution
Frequency
Purpose Core Dividend Fund - ETF SeriesPDF$0.0850105/29/201806/07/2018Monthly
Purpose Enhanced Dividend Fund – ETF SeriesPDIV$0.0522105/29/201806/07/2018Monthly
Purpose Total Return Bond Fund - ETF SeriesPBD$0.0420105/29/201806/07/2018Monthly
Purpose Duration Hedged Real Estate Fund – ETF SeriesPHR$0.0800105/29/201806/07/2018Monthly
Purpose Monthly Income Fund - ETF SeriesPIN$0.0830105/29/201806/07/2018Monthly
Purpose Premium Yield Fund – ETF SeriesPYF$0.0830105/29/201806/07/2018Monthly
Purpose Canadian Financial Income Fund – ETF SeriesBNC$0.0850105/29/201806/07/2018Monthly
Purpose Conservative Income Fund – ETF SeriesPRP$0.0540105/29/201806/07/2018Monthly
Purpose International Dividend Fund – ETF UnitsPID$0.078005/29/201806/07/2018Monthly
Purpose US Dividend Fund – ETF UnitsPUD$0.065005/29/201806/07/2018Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF UnitsPUD.B$0.073705/29/201806/07/2018Monthly
Purpose Tactical Investment Grade Bond Fund – ETF UnitsBND$0.063005/29/201806/07/2018Monthly
Purpose Short Duration Tactical Bond Fund – ETF UnitsSBND$0.060005/29/201806/07/2018Monthly
Purpose High Interest Savings ETFPSA$0.058505/31/201806/07/2018Monthly
Purpose US Cash ETFPSU.UUS$ 0.125005/31/201806/07/2018Monthly
Purpose Strategic Yield Fund – ETF UnitsSYLD$0.097005/29/201806/07/2018Monthly
Purpose Multi-Asset Income Fund – ETF UnitsPINC$0.084005/29/201806/07/2018Monthly
Redwood Canadian Preferred Share Fund – ETF UnitsRPS$0.095005/29/201806/07/2018Monthly
Redwood Core Income Equity Fund – ETF SeriesRDE$0.0687105/29/201806/07/2018Monthly
Redwood U.S. Preferred Share Fund – ETF UnitsRPU$0.094005/29/201806/07/2018Monthly
Redwood U.S. Preferred Share Fund Non-Currency Hedged – ETF Units2RPU.B / RPU.U$0.094005/29/201806/07/2018Monthly
Redwood Emerging Markets Dividend Fund – ETF UnitsREM$0.040305/29/201806/07/2018Monthly
Redwood Energy Credit Fund – ETF UnitsPCF$0.035005/29/201806/07/2018Monthly
Redwood Energy Credit Fund – Non-Currency Hedged USD Option - ETF UnitsPCF.UUS$ 0.035905/29/201806/07/2018Monthly
 

 
     
Closed-End FundsTicker
Symbol
Distribution
per
share/unit
Record
Date
Payable
Date
Distribution
Frequency
Investment Grade Managed Duration Income Fund – Class TPFU.UN$0.041705/31/201806/14/2018Monthly
Investment Grade Managed Duration Income Fund – Class A2unlisted$0.041705/31/201806/14/2018Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class APFD.UN$0.125005/31/201806/14/2018Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class Funlisted$0.125005/31/201806/14/2018Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class UPFD.UUS$ 0.119805/31/201806/14/2018Monthly
Limited Duration Investment Grade Preferred Securities Fund - Class VunlistedUS$ 0.119805/31/201806/14/2018Monthly
U.S. Banks Income & Growth Fund – Class TPUB.UN$0.041705/31/201806/14/2018Monthly
U.S. Banks Income & Growth Fund – Class Aunlisted$0.041705/31/201806/14/2018Monthly
U.S. Banks Income & Growth Fund – Class A2unlisted$0.041705/31/201806/14/2018Monthly
Canadian Investment Grade Preferred Share Fund (P2L) – Class TRIGP.UN$0.114605/31/201806/14/2018Monthly
Canadian Investment Grade Preferred Share Fund (P2L) – Class Aunlisted$0.114605/31/201806/14/2018Monthly
Redwood Floating Rate Income Fund – Class AISL.UN$0.041705/31/201806/14/2018Monthly
Redwood Floating Rate Income Fund - Class UISL.UUS$ 0.041705/31/201806/14/2018Monthly


(1)Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
(2)Redwood U.S. 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.


About Purpose Investments Inc.

Purpose Investments is an asset management firm inspired by the belief that all investors should have access to great investment products along with low fees.  Purpose believes in focusing first on managing risk and creating value that is currently missing from the marketplace, thus empowering all Canadians to be better investors.  Purpose has over $5.5 billion in assets under management and currently offers 50 exchange traded funds and mutual funds and 12 closed-end funds across multiple asset classes and both traditional and alternative investment strategies.



For further information please contact:

Nancy Turner
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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