Purpose Investments Inc. Announces 2024 Estimated Annual Income and Capital Gains Distributions

Purpose Investments Inc. (“Purpose”) today announced the estimated annual distributions of income and capital gains for its open-end exchange-traded funds and closed-end funds (the “Funds”) for the 2024 tax year. The estimated distributions represent estimated income and capital gains realized by the Funds during the year.

Please note that these are estimated amounts only, as of November 27, 2024. Circumstances may arise which would cause these estimates to change before the Funds’ tax year end on December 15, 2024 or December 31, 2024, as applicable.

Estimated Annual Capital Gain Distributions

Purpose Fund Corp.

Fund Name	Ticker Symbol	Exchange	Estimated Annual Capital Gains Distribution Per Unit		Distribution Type(Cash or Notional)
Purpose Core Dividend Fund – ETF Series	PDF	TSX	$ 0.2400		Cash Distribution
Purpose Tactical Hedged Equity Fund – ETF Series	PHE	TSX	$ 0.2600		Cash Distribution
Purpose Tactical Hedged Equity Fund - Non-Currency Hedged – ETF Series	PHE.B	TSX	$ 0.6100		Cash Distribution
Purpose Diversified Real Asset Fund – ETF Series	PRA	TSX	$ 0.1800		Cash Distribution
Purpose Best Ideas Fund – ETF Series	PBI	TSX	$ 1.3200		Cash Distribution
Purpose Best Ideas Fund - Non-Currency Hedged – ETF Series	PBI.B	TSX	$ 1.5600		Cash Distribution
Purpose International Tactical Hedged Equity Fund – ETF Series	PHW	TSX	$ 0.2500		Cash Distribution
Purpose Canadian Financial Income Fund – ETF Series	BNC	TSX	$ 1.0400		Cash Distribution
Purpose Enhanced Dividend Fund – ETF Series	PDIV	TSX	$ 0.0100		Cash Distribution
Purpose Core Equity Income Fund – ETF Series	RDE	Cboe Canada	$ 0.2500		Cash Distribution
Purpose Tactical Asset Allocation Fund – ETF Series	RTA	Cboe Canada	$ 0.7800		Cash Distribution
Purpose Tactical Thematic Fund – ETF Series	RTT	Cboe Canada	$ 0.3700		Cash Distribution

Shareholders of record of ETF series of Purpose Fund Corp Funds on January 30, 2025 are expected receive the capital gains distributions on or about February 5, 2025.

Purpose Mutual Fund Trusts

Details of the per unit estimated capital gain distribution amounts are as follows:

Fund Name	Ticker Symbol	Exchange	Estimated Annual Capital Gains Distribution Per Unit		Distribution Type(Cash or Notional)
Purpose Bitcoin Yield ETF – ETF Units	BTCY	TSX	$ 1.0500		Notional Distribution
Purpose Bitcoin Yield ETF – ETF Non-Currency Hedged Units	BTCY.B	TSX	$ 1.2400		Notional Distribution
Purpose Bitcoin Yield ETF – ETF Non-Currency Hedged USD Units	BTCY.U	TSX	US $ 1.4200		Notional Distribution
Purpose Ether Yield ETF – ETF Units	ETHY	TSX	$ 0.7600		Notional Distribution
Purpose Ether Yield ETF – ETF Non-Currency Hedged Units	ETHY.B	TSX	$ 0.9700		Notional Distribution
Purpose Ether Yield ETF – ETF Non-Currency Hedged USD Units	ETHY.U	TSX	US $ 1.0300		Notional Distribution
Purpose Active Balanced Fund – ETF Units	PABF	TSX	$ 0.1400		Cash Distribution
Purpose Active Growth Fund – ETF Units	PAGF	TSX	$ 0.0400		Cash Distribution
Apple (AAPL) Yield Shares Purpose ETF – ETF Units	APLY	Cboe Canada	$ 0.6200		Notional Distribution
Amazon (AMZN) Yield Shares Purpose ETF – ETF Units	YAMZ	Cboe Canada	$ 3.3200		Notional Distribution
Berkshire Hathaway (BRK) Yield Shares Purpose ETF – ETF Units	BRKY	Cboe Canada	$ 1.2900		Notional Distribution
Alphabet (GOOGL) Yield Shares Purpose ETF – ETF Units	YGOG	Cboe Canada	$ 2.7400		Notional Distribution
NVIDIA (NVDA) Yield Shares Purpose ETF – ETF Units	YNVD	Cboe Canada	$ 1.4700		Notional Distribution
Microsoft (MSFT) Yield Shares Purpose ETF – ETF Units	MSFY	Cboe Canada	$ 0.3200		Notional Distribution
Purpose USD Cash Management Fund – ETF Units	MNU.U	TSX	US $ 0.0700		Notional Distribution

Estimated Annual Distributions of Income

Details of the per unit estimated income distribution amounts are as follows:

Purpose Mutual Fund Trusts	Ticker Symbol	Exchange	Estimated Annual Income Distribution Per Unit		Distribution Type(Cash or Notional)
Purpose Global Flexible Credit Fund – ETF Units	FLX	TSX	$ 0.1500		Cash Distribution
Purpose Global Flexible Credit Fund – ETF Non-Currency Hedged Units	FLX.B	TSX	$ 0.1800		Cash Distribution
Purpose Global Flexible Credit Fund – ETF Non-Currency Hedged USD Units	FLX.U	TSX	US $ 0.1700		Cash Distribution
Purpose Specialty Lending Trust – Class A Units	Unlisted		$ 0.1700		Notional Distribution
Purpose Specialty Lending Trust – Class F Units	Unlisted		$ 0.1800		Notional Distribution
Purpose Specialty Lending Trust – Class A-1 (Series 2) Units	Unlisted		$ 0.2000		Notional Distribution
Purpose Specialty Lending Trust – Class F Units (Series 3)	Unlisted		$ 0.2100		Notional Distribution
Purpose Specialty Lending Trust – Class U Units	Unlisted		US $ 0.2300		Notional Distribution

Purpose expects to announce the final year-end distribution amounts for Purpose Mutual Fund Trusts with December 15, 2024 tax year-end on or about December 20, 2024. The respective unitholders of record on December 31, 2024 will receive the 2024 annual distributions on January 7, 2025. The ex-dividend date for the 2024 annual distributions for these ETFs (Purpose Mutual Fund Trusts) will be December 31, 2024.

Purpose expects to announce the final year-end distributions for Purpose High Interest Savings Fund – ETF Units, Purpose US Cash Fund – ETF Units, Purpose Cash Management Fund – ETF Units, Purpose USD Cash Management Fund – ETF Units on or about December 31, 2024, if necessary.

Purpose expects to announce the final annual capital gain distributions for Purpose Fund Corp. and Big Banc Split Corp. on or about January 24, 2025, if necessary.

Purpose confirms that as of November 27, 2024, the following Funds are not expected to have annual capital gains distributions for the 2024 tax year:

Open-End FundsPurpose Fund Corp. Funds:

• Purpose Total Return Bond Fund
• Purpose Monthly Income Fund
• Purpose Real Estate Income Fund
• Purpose Premium Yield Fund
• Purpose Premium Yield Fund – Non-Currency Hedged
• Purpose Conservative Income Fund
• Purpose Premium Money Market Fund
• StoneCastle Income Growth Fund
• StoneCastle Equity Growth Fund
• Purpose Structured Equity Yield Plus Fund
• AMD (AMD) Yield Shares Purpose ETF
• META (META) Yield Shares Purpose ETF

Purpose Mutual Funds Limited Funds:

• Purpose Global Innovators Fund
• Purpose Global Bond Class
• Purpose Enhanced Premium Yield Fund
• Purpose Global Resource Fund
• Purpose Special Opportunities Fund
• Purpose Structured Equity Yield Fund
• Purpose Structured Equity Growth Fund

Purpose Mutual Fund Trusts:

• Purpose Bitcoin ETF
• Purpose Ether ETF
• Purpose Global Bond Fund
• Purpose International Dividend Fund
• Purpose Gold Bullion Fund
• Purpose Silver Bullion Fund
• Purpose Silver Bullon Fund – Non-Currency Hedged
• Purpose Multi-Strategy Market Neutral Fund
• Tesla (TSLA) Yield Shares Purpose ETF
• Purpose Credit Opportunities Fund
• Purpose Canadian Preferred Share Fund
• Purpose Strategic Yield Fund
• Purpose Multi-Asset Income Fund
• Purpose Active Conservative Fund
• Longevity Pension Fund
• Purpose Marijuana Opportunities Fund
• Purpose Emerging Markets Dividend Fund
• Purpose US Preferred Share Fund
• Purpose US Preferred Share Fund- Non-Currency Hedged
• Purpose High Interest Savings Fund
• Purpose US Cash Fund
• Purpose Cash Management Fund

Please note that these are estimated amounts only, as of November 27, 2024. Circumstances may arise which would cause these estimates to change before the Funds’ tax year end on December 15, 2024 or December 31, 2024, as applicable.

About Purpose Investments

Purpose Investments is an asset management company with more than $21 billion 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 [e-mail]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.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. This press release is not for dissemination in the United States or for distribution to US news wire services.