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Exchange Bulletin

Purpose Short Duration Tactical Bond Fund (SBND) To Trade On Toronto Stock Exchange


June 6, 2017

Issuer: Purpose Short Duration Tactical Bond Fund (the "Fund")

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
ETF Units SBND 74640T 10 7 250,000 None $20.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of ETF Units (the "Offering")
Anticipated closing date: June 7, 2017
Listing date: June 7, 2017 (as at 5:01 pm) in anticipation of closing of the Offering.
Posted for trading date: June 8, 2017 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: RBC Securities Dominion Inc.
Security ownership registration: CDS book entry only system and Non-Certificated Issue
Investor relations: Som Seif
Tel: (416) 583-3856
info@purposeinvest.com
 
- or -
 
Scott Bartholomew
Tel: (416) 583-3857
info@purposeinvest.com
Incorporation: The Fund is a mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated October 7, 2013 as amended and restated as of May 5, 2017.
Manager: Purpose Investments Inc.
Fiscal year end: December 31
Nature of business: The Fund seeks to provide regular income in diverse market environments and protect capital from changes in interest rates over time by allocating its assets primarily among a broad range of investment grade fixed income securities and maintaining overall portfolio duration of no more than 2.5 years.
Transfer agent and registrar: TSX 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 make distributions monthly, if any.
Sponsorship: Not applicable
Offering document: Simplified Prospectus dated May 5, 2017 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Simplified Prospectus.
Initial public offering: 250,000 ETF Units will be issued at a subscription price of $20.00 per ETF Units. ETF Units are being issued and sold on a continuous basis and there is no maximum number of ETF Units that may be issued.
TSX contact: Julie K. Shin,
Director, Listed Issuer Services,
Toronto Stock Exchange.