TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) today announced corrections to the August 2022 distribution record date for Canadian Investment Grade Preferred Share Fund RIGP and Big Banc Split Corp. BNK BNK.PR.A))) (“the CEFs”). The press release issued on August 18, 2022 at 17:30 EST reported an incorrect record date for the CEFs. The correct record date for the CEFs will be August 31, 2022.
|Closed-End Funds||Ticker Symbol||Distribution
|Record Date||Payable Date||Distribution Frequency|
|Canadian Investment Grade Preferred Share Fund – Class T||RIGP.UN||$0.1146||08/31/2022||09/15/2022||Monthly|
|Big Banc Split Corp – Class A||BNK||$0.06621||08/31/2022||09/15/2022||Monthly|
|Big Banc Split Corp – Preferred Shares||BNK.PR.A||$0.05001||08/31/2022||09/15/2022||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.
About Purpose Investments Inc.
Purpose Investments is an asset management company with over $13 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.
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