Exchange Bulletin

Purpose High Interest Savings ETF (the "Purpose ETF") – An application has been granted for the original listing in the Industrial category of 200,000 units (the "Units") of the Purpose ETF, of which all will be issued and outstanding, and none of which will be reserved for issuance upon completion of an initial public offering.

Listing of the Units will become effective at 5:01 p.m. on Friday October 11, 2013, as the offering will close prior to the opening on Tuesday, October 15, 2013. The Units will be posted for trading at the opening on Tuesday, October 15, 2013.

Units of the Purpose ETF are offered on a continuous basis and the Purpose ETF is entitled to issue an unlimited number of Units. Each Unit represents an equal beneficial interest in the Purpose ETF.

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

Participating Organizations should note that all trades in the Purpose ETF will be on a T+1 settlement on a permanent basis.

Additional information on the Units may be found in the final prospectus dated October 7, 2013 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.

Stock Symbol: "PSA" CUSIP: 74640A 10 8 Trading: CDN $

Designated
Market Maker: National Bank Financial Inc.

Other Markets: None

Head Office
Address: 77 King Street West
TD North Tower, 21st Floor
Toronto, Ontario
M5K 1G8

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 Purpose ETF is an exchange-traded mutual fund established as a trust under the laws of the Province of Ontario pursuant to a master declaration dated October 7, 2013, governing the Purpose ETF, as may be amended and/or restated from time to time.

Manager and Trustee: Purpose Investments Inc.

Fiscal Year End: December 31

Nature of Business: The Purpose ETF seeks to maximize monthly income for holders of Units while preserving capital and liquidity by investing substantially all of the assets of the fund in high interest deposit accounts with one or more Chartered Banks and/or Canadian Credit Unions.
Transfer Agent &
Registrar: Equity Financial Trust Company at its principal office in Toronto.

Distributions and
Automatic Reinvestment: Cash distributions on Units of the Purpose ETF are expected to be made monthly.
On an annual basis, the Purpose ETF will ensure that the net income and net realized capital gains of the Purpose ETF have been distributed to unitholders to such an extent that the Purpose ETF will not be liable for ordinary income tax thereon. To the extent that the Purpose ETF has not distributed the full amount of its net income or net capital gains in cash in any year, the difference between such amount and the amount actually distributed by the Purpose ETF will be paid as a "reinvested distribution". Reinvested distributions, net of any required withholding tax, will be reinvested automatically in additional Units of the Purpose ETF at a price equal to the Net Asset Value per Unit of the Purpose ETF and the Units of the Purpose ETF will be immediately consolidated such that the number of outstanding Units of the Purpose ETF following the distribution will equal the number of Units of the Purpose ETF outstanding prior to the distribution.

Initial Issuance of Units: Pursuant to the terms of the Prospectus, Units will be issued and sold on a continuous basis and there will be no maximum number of Units that may be issued. Units sold in connection with the initial public offering for the Purpose ETF will amount to 200,000 Units at a price of $50.00 per Unit.