Purpose Investments Inc. Announces April Distributions

TORONTO, ONTARIO -- (Marketwired) -- 04/21/14 -- Purpose Investments Inc. is pleased to announce the following distributions for the month of April 2014. The ex-distribution date for all funds is April 28, 2014, with the exception of Purpose High Interest Savings ETF which has an ex-distribution date of April 30, 2014.

----------------------------------------------------------------------------
Open-Ended Funds      TSX   Distribution                Payable Distribution
                   Symbol per share/unit Record Date       Date    Frequency
----------------------------------------------------------------------------
Purpose Core
 Dividend Fund -
 ETF Series           PDF $      0.063(1) 04/30/2014 05/07/2014      Monthly
----------------------------------------------------------------------------
Purpose Total
 Return Bond
 Fund - ETF
 Series               PBD $      0.075(1) 04/30/2014 05/07/2014      Monthly
----------------------------------------------------------------------------
Purpose Monthly
 Income Fund -
 ETF Series           PIN $      0.083(1) 04/30/2014 05/07/2014      Monthly
----------------------------------------------------------------------------
Purpose High
 Interest
 Savings ETF          PSA $       0.0555  04/30/2014 05/07/2014      Monthly
----------------------------------------------------------------------------

----------------------------------------------------------------------------
Closed-End Funds            Distribution
                      TSX            per                Payable Distribution
                   Symbol     share/unit Record Date       Date    Frequency
----------------------------------------------------------------------------
Limited Duration
 Investment
 Grade Preferred
 Securities Fund
 - Class A         PFD.UN $        0.125  04/30/2014 05/15/2014      Monthly
----------------------------------------------------------------------------
Limited Duration
 Investment
 Grade Preferred
 Securities Fund
 - Class F       unlisted $        0.125  04/30/2014 05/15/2014      Monthly
----------------------------------------------------------------------------
Limited Duration
 Investment
 Grade Preferred
 Securities Fund
 - Class U          PFD.U     US$ 0.1198  04/30/2014 05/15/2014      Monthly
----------------------------------------------------------------------------
Limited Duration
 Investment
 Grade Preferred
 Securities Fund
 - Class V       unlisted     US$ 0.1198  04/30/2014 05/15/2014      Monthly
----------------------------------------------------------------------------

(1) Dividend is designated as an "eligible" Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

Contacts:
Purpose Investments Inc.
Dan Rubin
Vice President, Marketing
[phone]
[e-mail]