Purpose Investments Inc. Announces Final Annual 2024 Capital Gains Distributions for Purpose Fund Corp.
January 24 2025 - 7:05PM
Purpose Investments Inc. (“Purpose”) is pleased to announce the
final annual 2024 capital gain distributions for Purpose Fund Corp.
The distributions represent capital gains realized by Purpose Fund
Corp. during the year.
Shareholders of record at the close of business
on January 30, 2025, will receive the 2024 annual capital gains
distribution on February 5, 2025, and such gains will be applicable
for the 2025 tax year. The final year-end capital gain distribution
for Purpose Fund Corp. will be paid in cash.
Details of the per-unit distribution amounts are
as follows:
Fund Name |
Ticker Symbol |
Exchange |
Final Annual Capital Gains Distribution Per
Share |
NAV Per Share (as of Jan 23, 2025) |
Final Distribution (% of Jan 23, 2025 NAV) |
Purpose Core Dividend Fund – ETF Series |
PDF |
TSX |
$0.1800 |
$33.85 |
0.53% |
Purpose Tactical Hedged Equity Fund – ETF Series |
PHE |
TSX |
$0.0800 |
$36.72 |
0.22% |
Purpose Tactical Hedged Equity Fund - Non-Currency Hedged – ETF
Series |
PHE.B |
TSX |
$0.6700 |
$42.83 |
1.56% |
Purpose Diversified Real Asset Fund – ETF Series |
PRA |
TSX |
$0.2100 |
$30.15 |
0.70% |
Purpose Best Ideas Fund – ETF Series |
PBI |
TSX |
$1.5700 |
$48.09 |
3.26% |
Purpose Best Ideas Fund - Non-Currency Hedged – ETF Series |
PBI.B |
TSX |
$2.5700 |
$64.21 |
4.00% |
Purpose International Tactical Hedged Equity Fund – ETF Series |
PHW |
TSX |
$0.3500 |
$19.73 |
1.77% |
Purpose Canadian Financial Income Fund – ETF Series |
BNC |
TSX |
$1.2000 |
$29.24 |
4.10% |
Purpose Enhanced Dividend Fund – ETF Series |
PDIV |
TSX |
$0.0150 |
$9.46 |
0.16% |
Purpose Core Equity Income Fund – ETF Series |
RDE |
Cboe Canada |
$0.1600 |
$27.40 |
0.58% |
Purpose Tactical Asset Allocation Fund – ETF Series |
RTA |
Cboe Canada |
$0.9500 |
$31.31 |
3.03% |
Purpose Tactical Thematic Fund – ETF Series |
RTT |
Cboe Canada |
$0.7000 |
$24.81 |
2.82% |
Purpose confirms that Big Banc Split Corp. will
not declare a 2024 annual capital gain distribution.
About Purpose Investments
Inc.
Purpose Investments is an asset management
company with more than $23 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 Financial, 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
may all 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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