Purpose Investments Inc. Announces July Distributions

Purpose Investments Inc.

TORONTO, July 15, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of July 2022 for its open-end exchange traded funds and closed-end funds (“the Funds”).

The ex-distribution date for all ETFs is July 26, 2022, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of July 27, 2022, as well as Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of July 28, 2022. The ex-distribution date for all closed-end funds is July 28, 2022.

Open-End Funds	Ticker Symbol	Distribution per share/unit		Record Date	Payable Date	Distribution Frequency
Purpose Core Dividend Fund - ETF Series	PDF	$0.08501		07/27/2022	08/08/2022	Monthly
Purpose Enhanced Dividend Fund – ETF Series	PDIV	$0.05221		07/27/2022	08/08/2022	Monthly
Purpose Total Return Bond Fund - ETF Series	PBD	$0.05201		07/27/2022	08/08/2022	Monthly
Purpose Real Estate Income Fund – ETF Series	PHR	$0.07201		07/27/2022	08/08/2022	Monthly
Purpose Monthly Income Fund - ETF Series	PIN	$0.08301		07/27/2022	08/08/2022	Monthly
Purpose Premium Yield Fund – ETF Series	PYF	$0.08301		07/27/2022	08/08/2022	Monthly
Purpose Premium Yield Fund Non-Currency Hedged USD – ETF Series	PYF.U	US $ 0.08851		07/27/2022	08/08/2022	Monthly
Purpose Premium Yield Fund Non-Currency Hedged – ETF Series	PYF.B	$0.08851		07/27/2022	08/08/2022	Monthly
Purpose Canadian Financial Income Fund – ETF Series	BNC	$0.08501		07/27/2022	08/08/2022	Monthly
Purpose Conservative Income Fund – ETF Series	PRP	$0.05401		07/27/2022	08/08/2022	Monthly
Purpose Enhanced Premium Yield Fund – ETF Series	PAYF	$0.11811		07/27/2022	08/08/2022	Monthly
Purpose International Dividend Fund – ETF Units	PID	$0.0780		07/27/2022	08/08/2022	Monthly
Purpose US Dividend Fund – ETF Units	PUD	$0.0650		07/27/2022	08/08/2022	Monthly
Purpose US Dividend Fund Non-Currency Hedged – ETF Units	PUD.B	$0.0760		07/27/2022	08/08/2022	Monthly
Purpose Global Bond Fund – ETF Units	BND	$0.0585		07/27/2022	08/08/2022	Monthly
Purpose High Interest Savings ETF	PSA	$0.0932		07/28/2022	08/08/2022	Monthly
Purpose US Cash Fund – ETF Units	PSU.U	US$ 0.1422		07/28/2022	08/08/2022	Monthly
Purpose Strategic Yield Fund – ETF Units	SYLD	$0.0970		07/27/2022	08/08/2022	Monthly
Purpose Multi-Asset Income Fund – ETF Units	PINC	$0.0840		07/27/2022	08/08/2022	Monthly
Purpose Global Bond Class – ETF Units	IGB	$0.06021		07/27/2022	08/08/2022	Monthly
Purpose Canadian Preferred Share Fund – ETF Units	RPS	$0.0950		07/27/2022	08/08/2022	Monthly
Purpose Core Equity Income Fund – ETF Series	RDE	$0.08001		07/27/2022	08/08/2022	Monthly
Purpose US Preferred Share Fund – ETF Units	RPU	$0.0940		07/27/2022	08/08/2022	Monthly
Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2	RPU.B / RPU.U	$0.0940		07/27/2022	08/08/2022	Monthly
Purpose Emerging Markets Dividend Fund – ETF Units	REM	$0.0580		07/27/2022	08/08/2022	Monthly
Purpose Global Flexible Credit Fund – ETF Units	FLX	$0.0297		07/27/2022	08/08/2022	Monthly
Purpose Global Flexible Credit Fund - Non-Currency Hedged USD – ETF Units	FLX.U	US$ 0.0375		07/27/2022	08/08/2022	Monthly
Purpose Global Flexible Credit Fund - Non-Currency Hedged – ETF Units	FLX.B	$0.0365		07/27/2022	08/08/2022	Monthly
Black Diamond Global Equity Fund – ETF Units	BDEQ	$0.0112		07/27/2022	08/08/2022	Monthly
Black Diamond Distressed Opportunities Fund – ETF Units	BDOP	$0.0075		07/27/2022	08/08/2022	Monthly
Purpose Credit Opportunities Fund – ETF Units	CROP	$0.0875		07/27/2022	08/08/2022	Monthly
Purpose Bitcoin Yield ETF – ETF Units	BTCY	$0.0400		07/27/2022	08/08/2022	Monthly
Purpose Bitcoin Yield ETF – ETF Non-Currency hedged Units	BTCY.B	$0.0430		07/27/2022	08/08/2022	Monthly
Purpose Bitcoin Yield ETF – ETF Units Non-Currency Hedged USD Units	BTCY.U	US$ 0.0520		07/27/2022	08/08/2022	Monthly
Purpose Ether Yield ETF – ETF Units	ETHY	$0.0250		07/27/2022	08/08/2022	Monthly
Purpose Ether Yield ETF – ETF Non-Currency hedged Units	ETHY.B	$0.0290		07/27/2022	08/08/2022	Monthly
Purpose Ether Yield ETF – ETF Units Non-Currency Hedged USD Units	ETHY.U	US$ 0.0325		07/27/2022	08/08/2022	Monthly
Purpose Healthcare Innovation Yield ETF – ETF Units	HEAL	$0.0815		07/27/2022	08/08/2022	Monthly

Closed-End Funds	Ticker Symbol	Distribution per share/unit	Record Date	Payable Date	Distribution Frequency
Canadian Investment Grade Preferred Share Fund – Class T	RIGP.UN	$0.1146	07/29/2022	08/15/2022	Monthly
Big Banc Split Corp – Class A	BNK	$0.06621	07/29/2022	08/15/2022	Monthly
Big Banc Split Corp – Preferred Shares	BNK.PR.A	$0.05001	07/29/2022	08/15/2022	Monthly
(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 approximately $12 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.