Purpose Investments Inc. Announces April 2024 Distributions

Purpose Investments Inc.

April 17, 2024 at 7:00 p.m.·6 min read

TORONTO, April 17, 2024 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of April 2024 for its open-end exchange traded funds and closed-end funds (“the Funds”).

The ex-distribution date for all ETFs is April 25, 2024, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of April 26, 2024, as well as Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund which have an ex-distribution date of April 29, 2024. The ex-distribution date for all closed-end funds is April 29, 2024.

Open-End Funds	Ticker Symbol	Distribution per share/unit	Record Date	Payable Date	Distribution Frequency
Apple (AAPL) Yield Shares Purpose ETF - ETF Units	APLY	$ 0.1667	04/26/2024	05/07/2024	Monthly
Purpose Canadian Financial Income Fund - ETF Series	BNC	$ 0.1225¹	04/26/2024	05/07/2024	Monthly
Purpose Global Bond Fund - ETF Units	BND	$ 0.0712	04/26/2024	05/07/2024	Monthly
Berkshire Hathaway (BRK) Yield Shares Purpose ETF - ETF Units	BRKY	$ 0.1000	04/26/2024	05/07/2024	Monthly
Purpose Bitcoin Yield ETF - ETF Units	BTCY	$ 0.0525	04/26/2024	05/07/2024	Monthly
Purpose Bitcoin Yield ETF – ETF Non-Currency hedged Units	BTCY.B	$ 0.0605	04/26/2024	05/07/2024	Monthly
Purpose Bitcoin Yield ETF – ETF Units Non-Currency Hedged USD Units	BTCY.U	US $ 0.0510	04/26/2024	05/07/2024	Monthly
Purpose Credit Opportunities Fund - ETF Units	CROP	$0.0875	04/26/2024	05/07/2024	Monthly
Purpose Credit Opportunities Fund - ETF USD Units	CROP.U	US $ 0.0975	04/26/2024	05/07/2024	Monthly
Purpose Ether Yield - ETF Units	ETHY	$ 0.0380	04/26/2024	05/07/2024	Monthly
Purpose Ether Yield ETF – ETF Non-Currency hedged Units	ETHY.B	$ 0.0470	04/26/2024	05/07/2024	Monthly
Purpose Ether Yield ETF – ETF Units Non-Currency Hedged USD Units	ETHY.U	US $ 0.0370	04/26/2024	05/07/2024	Monthly
Purpose Global Flexible Credit Fund - ETF Units	FLX	$ 0.0355	04/26/2024	05/07/2024	Monthly
Purpose Global Flexible Credit Fund - Non-Currency Hedged – ETF Units	FLX.B	$ 0.0421	04/26/2024	05/07/2024	Monthly
Purpose Global Flexible Credit Fund - Non-Currency Hedged USD – ETF Units	FLX.U	US $ 0.0294	04/26/2024	05/07/2024	Monthly
Purpose Global Bond Class - ETF Units	IGB	$ 0.0729¹	04/26/2024	05/07/2024	Monthly
Microsoft (MSFT) Yield Shares Purpose ETF - ETF units	MSFY	$ 0.1000	04/26/2024	05/07/2024	Monthly
Purpose Enhanced Premium Yield Fund - ETF Series	PAYF	$ 0.1375¹	04/26/2024	05/07/2024	Monthly
Purpose Total Return Bond Fund - ETF Series	PBD	$ 0.0590¹	04/26/2024	05/07/2024	Monthly
Purpose Core Dividend Fund - ETF Series	PDF	$ 0.1050¹	04/26/2024	05/07/2024	Monthly
Purpose Enhanced Dividend Fund - ETF Series	PDIV	$ 0.0950¹	04/26/2024	05/07/2024	Monthly
Purpose Real Estate Income Fund - ETF Series	PHR	$ 0.0720¹	04/26/2024	05/07/2024	Monthly
Purpose International Dividend Fund - ETF Series	PID	$ 0.0780	04/26/2024	05/07/2024	Monthly
Purpose Monthly Income Fund - ETF Series	PIN	$ 0.0830¹	04/26/2024	05/07/2024	Monthly
Purpose Multi-Asset Income Fund - ETF Units	PINC	$ 0.0840	04/26/2024	05/07/2024	Monthly
Purpose Conservative Income Fund - ETF Series	PRP	$ 0.0600¹	04/26/2024	05/07/2024	Monthly
Purpose Premium Yield Fund - ETF Units	PYF	$ 0.1100¹	04/26/2024	05/07/2024	Monthly
Purpose Premium Yield Fund Non-Currency Hedged – ETF Series	PYF.B	$ 0.1230¹	04/26/2024	05/07/2024	Monthly
Purpose Premium Yield Fund Non-Currency Hedged – ETF USD Series	PYF.U	US $ 0.1200¹	04/26/2024	05/07/2024	Monthly
Purpose Core Equity Income Fund - ETF Series	RDE	$ 0.0875¹	04/26/2024	05/07/2024	Monthly
Purpose Emerging Markets Dividend Fund - ETF Units	REM	$ 0.0950	04/26/2024	05/07/2024	Monthly
Purpose Canadian Preferred Share Fund - ETF Units	RPS	$ 0.0950	04/26/2024	05/07/2024	Monthly
Purpose US Preferred Share Fund - ETF Series	RPU	$ 0.0940	04/26/2024	05/07/2024	Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units²	RPU.B / RPU.U	$ 0.0940	04/26/2024	05/07/2024	Monthly
Purpose Strategic Yield Fund - ETF Units	SYLD	$ 0.0970	04/26/2024	05/07/2024	Monthly
Amazon (AMZN) Yield Shares Purpose ETF- ETF Units	YAMZ	$ 0.3000	04/26/2024	05/07/2024	Monthly
Alphabet (GOOGL) Yield Shares Purpose ETF - ETF Units	YGOG	$ 0.2000	04/26/2024	05/07/2024	Monthly
NVIDIA (NVDA) Yield Shares Purpose ETF - ETF Units	YNVD	$ 0.4000	04/26/2024	05/07/2024	Monthly
Tesla (TSLA) Yield Shares Purpose ETF - ETF Units	YTSL	$ 0.3000	04/26/2024	05/07/2024	Monthly

Closed-End Funds	Ticker Symbol	Distribution per share/unit	Record Date	Payable Date	Distribution Frequency
Big Banc Split Corp – Class A	BNK	$ 0.1200¹	04/30/2024	05/14/2024	Monthly
Big Banc Split Corp – Preferred Shares	BNK.PR.A	$ 0.0700¹	04/30/2024	05/14/2024	Monthly

Estimated April 2024 Distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund

The April 2024 distribution rates for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund are estimated to be as follows:

Fund Name	Ticker Symbol	Estimated Distribution per unit	Record Date	Payable Date	Distribution Frequency
Purpose USD Cash Management Fund	MNU.U	US $ 0.5029	04/29/2024	05/07/2024	Monthly
Purpose Cash Management Fund - ETF Units	MNY	$ 0.4556	04/29/2024	05/07/2024	Monthly
Purpose High Interest Savings - ETF Units	PSA	$ 0.2214	04/29/2024	05/07/2024	Monthly
Purpose US Cash Fund - ETF Units	PSU.U	US $ 0.4688	04/29/2024	05/07/2024	Monthly

Purpose expects to issue a press release on or about April 26, 2024, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund. The ex-distribution date will be April 29, 2024.

(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)	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.

About Purpose Investments Inc.

Purpose Investments is an asset management company with more than $20 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 Unlimited, an independent technology-driven financial services company.

For further information please contact:
Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257

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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Purpose Investments Inc. Announces April 2024 Distributions

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