Purpose Investments Inc. It announces the final annual income and capital gains distributions of 2022 | Jobs Vox

Toronto, Dec. 21, 2022 (GLOBE NEWSWIRE) – Purpose Investments Inc. (“Objective”) today announced its final annual distribution of income and capital gains for open-end exchange-traded funds and closed-end funds jointly structured. Fund Trusts (the “Funds”) with a tax year-end of 15 December 2022. The distributions represent the income earned during the year and the capital gains realized by the fund.

For the funds listed below, annual income dividends and capital gains dividends are paid in cash. ETF Series unitholders at the close of business on December 30, 2022 will receive 2022 annual distributions on January 5, 2023.

The details of the distribution amount per unit are as follows.

Final annual income distributions

Final annual capital gains distributions

Objective expects to report final year-end distributions for the Objective High Interest Savings ETF – ETF Components, the Objective U.S. Fund – ETF Components and the Objective Money Management Fund – on or about December 30, 2022, if applicable.

The Purpose is expected to announce the final annual capital gains distributions to the Purpose Fund Corporation and the Big Bank Split Corporation on or about January 20, 2023, if applicable. Stockholders of record on January 27, 2023 will receive annual capital gains distributions on February 1, 2023, and such capital gains will apply to the 2022 taxable year. For these funds, year-end capital gains distributions are paid in cash. The objective is to confirm that the Mutual Fund Limited Fund will not declare an annual capital gain distribution for the year 2022.

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About objective investment

Purpose Investments is an asset management company with over $14 billion under management. Purpose Investments has a relentless focus on client-centric innovation, and offers managed and quantitative investment products. Purpose Investments is led by renowned entrepreneur Som Saif and is a division of Purpose Unlimited, an independent technology-driven financial services firm.

For more information please contact:
Keera Hart
[email protected]
905-580-1257

Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus and other disclosure documents before investing. The Investment Fund is not covered by the Canada Deposit Insurance Corporation or any other government deposit insurance. There can be no assurance that the full amount of your investment in a Fund will be returned to you. If the securities are bought 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 cannot be repeated.

This press release is for informational purposes only and does not constitute a solicitation to sell or buy the securities referred to herein. This press release is not intended for distribution in the United States or for transmission to American wire services.