Purpose Investments announces the launch of new ETF series of Purpose Managed Duration Investment Grade Bond Fund

Purpose Investments Inc. is pleased to announce the completion of the initial public offering of ETF shares of Purpose Managed Duration Investment Grade Bond Fund. The ETF shares will begin trading on the Toronto Stock Exchange today, under the ticker symbol IGB. It is designed to provide shareholders with exposure to a diversified portfolio of corporate, government and/or other debt-like securities, including corporate bonds, notes, floating rate notes, convertible bonds, preferred shares, bank loans, government bonds or other income-producing securities.