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Purpose Investments Inc. Announces December 2022 Distributions

December 20, 2022

TORONTO, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of December 2022 for its open-end exchange traded funds and closed-end funds (“the Funds”). The ex-distribution date for all ETFs is December 25, 2022, with the exception of Purpose Bitcoin Yield ETF and Purpose Ether Yield ETF, which will have an ex-distribution date of December 28, 2022, as well as Purpose High Interest Savings ETF and Purpose US Cash Fund, which have an ex-distribution date of December 30, 2022. The ex-distribution date for all closed-end funds is December 29, 2022.    Open-End FundsTickerSymbolDistributionpershare/unitRecordDatePayableDateDistributionFrequencyPurpose Core Dividend Fund - ETF SeriesPDF$0.1050112/28/202201/09/2023MonthlyPurpose Enhanced Dividend Fund – ETF SeriesPDIV$0.0690112/28/202201/09/2023MonthlyPurpose Total Return Bond Fund - ETF SeriesPBD$0.0520112/28/202201/09/2023MonthlyPurpose Real Estate Income Fund – ETF SeriesPHR$0.0720112/28/202201/09/2023MonthlyPurpose Monthly Income Fund - ETF SeriesPIN$0.0830112/28/202201/09/2023MonthlyPurpose Premium Yield Fund – ETF SeriesPYF$0.0830112/28/202201/09/2023MonthlyPurpose Premium Yield Fund Non-Currency Hedged USD – ETF SeriesPYF.UUS $ 0.0885112/28/202201/09/2023MonthlyPurpose Premium Yield Fund Non-Currency Hedged – ETF SeriesPYF.B$0.0885112/28/202201/09/2023MonthlyPurpose Canadian Financial Income Fund – ETF SeriesBNC$0.1025112/28/202201/09/2023MonthlyPurpose Conservative Income Fund – ETF SeriesPRP$0.0540112/28/202201/09/2023MonthlyPurpose International Tactical Hedged Equity Fund – ETF SeriesPHW$0.1000112/28/202201/09/2023QuarterlyPurpose Diversified Real Asset Fund – ETF SeriesPRA$0.2100112/28/202201/09/2023QuarterlyPurpose Enhanced Premium Yield Fund – ETF SeriesPAYF$0.1181112/28/202201/09/2023MonthlyPurpose International Dividend Fund – ETF UnitsPID$0.078012/28/202201/09/2023MonthlyPurpose US Dividend Fund – ETF UnitsPUD$0.065012/28/202201/09/2023MonthlyPurpose US Dividend Fund Non-Currency Hedged – ETF UnitsPUD.B$0.076012/28/202201/09/2023MonthlyPurpose Global Bond Fund – ETF UnitsBND$0.058512/28/202201/09/2023MonthlyPurpose High Interest Savings ETFPSA$0.195812/30/202201/09/2023MonthlyPurpose US Cash Fund – ETF UnitsPSU.UUS$ 0.401512/30/202201/09/2023MonthlyPurpose Strategic Yield Fund – ETF UnitsSYLD$0.097012/28/202201/09/2023MonthlyPurpose Multi-Asset Income Fund – ETF UnitsPINC$0.084012/28/202201/09/2023MonthlyPurpose Global Bond Class – ETF UnitsIGB$0.0602112/28/202201/09/2023MonthlyPurpose Canadian Preferred Share Fund – ETF UnitsRPS$0.095012/28/202201/09/2023MonthlyPurpose Core Equity Income Fund – ETF SeriesRDE$0.0800112/28/202201/09/2023MonthlyPurpose US Preferred Share Fund – ETF UnitsRPU$0.094012/28/202201/09/2023MonthlyPurpose US Preferred Share Fund Non-Currency Hedged – ETF Units2RPU.B / RPU.U$0.094012/28/202201/09/2023MonthlyPurpose Emerging Markets Dividend Fund – ETF UnitsREM$0.095012/28/202201/09/2023MonthlyPurpose Global Flexible Credit Fund – ETF UnitsFLX$0.029712/28/202201/09/2023MonthlyPurpose Global Flexible Credit Fund - Non-Currency Hedged USD – ETF UnitsFLX.UUS$ 0.037512/28/202201/09/2023MonthlyPurpose Global Flexible Credit Fund - Non-Currency Hedged – ETF UnitsFLX.B$0.036512/28/202201/09/2023MonthlyPurpose Marijuana Opportunities Fund – ETF UnitsMJJ$0.010012/28/202201/09/2023QuarterlyBlack Diamond Global Equity Fund – ETF UnitsBDEQ$0.011212/28/202201/09/2023MonthlyBlack Diamond Distressed Opportunities Fund – ETF UnitsBDOP$0.007512/28/202201/09/2023MonthlyPurpose Credit Opportunities Fund – ETF UnitsCROP$0.087512/28/202201/09/2023MonthlyPurpose Credit Opportunities Fund – ETF USD UnitsCROP.U$0.097512/28/202201/09/2023MonthlyPurpose Bitcoin Yield ETF – ETF UnitsBTCY$0.021012/28/202201/09/2023MonthlyPurpose Bitcoin Yield ETF – ETF Non-Currency hedged UnitsBTCY.B$0.023512/28/202201/09/2023MonthlyPurpose Bitcoin Yield ETF – ETF Units Non-Currency Hedged USD UnitsBTCY.UUS$ 0.028012/28/202201/09/2023MonthlyPurpose Ether Yield ETF – ETF UnitsETHY$0.021012/28/202201/09/2023MonthlyPurpose Ether Yield ETF – ETF Non-Currency hedged UnitsETHY.B$0.025012/28/202201/09/2023MonthlyPurpose Ether Yield ETF – ETF Units Non-Currency Hedged USD UnitsETHY.UUS$ 0.027512/28/202201/09/2023MonthlyPurpose Healthcare Innovation Yield ETF – ETF UnitsHEAL$0.133012/28/202201/09/2023Monthly      Closed-End FundsTickerSymbolDistributionpershare/unitRecordDatePayableDateDistributionFrequencyCanadian Investment Grade Preferred Share Fund – Class TRIGP.UN$0.114612/30/202201/16/2023MonthlyBig Banc Split Corp – Class ABNK$0.0662112/30/202201/13/2023MonthlyBig Banc Split Corp – Preferred SharesBNK.PR.A$0.0500112/30/202201/13/2023Monthly Estimated December 2022 Distributions for Purpose Cash Management Fund The December 2022 distribution rate for Purpose Cash Management Fund is estimated to be as follows: Fund NameTickerSymbolEstimatedDistributionper unitRecordDatePayableDateDistributionFrequencyPurpose Cash Management Fund - ETF UnitsMNY$0.351712/30/202201/09/2023Monthly Purpose expects to issue a press release on or about December 29, 2022, which will provide the final distribution rate for Purpose Cash Management Fund. The ex-distribution date will be December 30, 2022. Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.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 $14 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 HartKeera.Hart@kaiserpartners.com905-580-1257 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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