Exchange Bulletin

Purpose International Dividend (PID) To Trade On Toronto Stock Exchange


April 22, 2015

Purpose International Dividend Fund (the “Fund”) - An application has been granted for the original listing in the Industrial category of 150,000 ETF Units of the Fund, all of which will be issued and outstanding, and none of which will be reserved for issuance upon completion of an initial public offering.

Listing of the ETF Units will become effective at 5:01 p.m. on on Tuesday, April 21, 2015, as the offering will close prior to the opening on Wednesday, April 22, 2015. The ETF Units will be posted for trading at the opening on Wednesday, April 22, 2015 upon confirmation of the closing.

ETF Units of the Fund are offered on a continuous basis and the Fund is entitled to issue an unlimited number of ETF Units. Each ETF Unit represents an equal beneficial interest in the Fund. The Fund has several classes of unlisted mutual fund units.

The registration and transfer of ETF Units will be effected through the book-entry only system administered by CDS Clearing and Depository Services Inc. Unitholders of the Fund will not have the right to receive physical certificates evidencing their ownership of the ETF Units.

Additional information on the Units may be found in the final simplified prospectus dated October 15, 2014 (the “Prospectus”), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.

 

Stock Symbol: "PID" CUSIP: 74640N 10 0 Trading Currency: CDN$

 

Designated Market Maker: BMO Nesbitt Burns Inc.
Other Markets: None
Head Office Address: 130 Adelaide Street West, Suite 1700
P.O. Box 83
Toronto, Ontario
M5H 3P5
Website: www.purposeinvest.com
Telephone Number: (416) 583-3850
Fax Number: (416) 583-3851
Investor Relations: Som Seif
Tel: (416) 583-3856
info@purposeinvest.com

-or-

Scott Bartholomew
Tel: (416) 583-3857
info@purposeinvest.com
Chief Financial Officer: Scott Bartholomew
Corporate Secretary: Lara Misner
Incorporation: The Fund is a mutual fund established as a trust under the laws of the Province of Ontario pursuant to a master declaration of trust dated October 7, 2013, as amended or amended and restated, from time to time.
Manager and Trustee: Purpose Investments Inc.
Fiscal Year End: December 31
Nature of Business: The Fund seeks to provide unitholders with (i) long-term capital appreciation through investment in a portfolio of high quality international dividend-paying equity securities; and (ii) monthly cash distributions.
Transfer Agent & Registrar: Equity Financial Trust Company at its principal office in Toronto.
No Switching of ETF Units: Unitholders may not switch ETF Units or Mutual Fund Units of the Fund for ETF Shares or Mutual Fund Shares of any Purpose Corporate Fund and a holder of ETF Shares or Mutual Fund Shares of a Purpose Corporate Fund may not switch its ETF Shares or Mutual Fund Shares of a Purpose Corporate Fund for ETF Units or Mutual Fund Units of the Fund.
Dividends: The Fund expects to pay cash distributions on ETF Units on a monthly basis, if at all.
Initial Issuance of Units: Pursuant to the terms of the Prospectus, ETF Units will be issued and sold on a continuous basis and there will be no maximum number of ETF Units that may be issued. ETF Units sold in connection with the initial public offering for the Fund will amount to 150,000 ETF Units at a price of $20.00 per Unit.