BNC Purpose Canadian Financial Income Fund

TORONTO, Oct. 27, 2016 /CNW/ - Som Seif, President & Chief Executive Officer, Purpose Investments, joined Richard Rohan, Vice-President, Global Sales, Equity Capital Markets, TMX Group to open the market to launch two new Exchange-Traded Funds (ETFs): Purpose Canadian Financial Income Fund (BNC); and Purpose Conservative Income Fund (PRP). Purpose Investments currently has 17 Exchange Traded Funds listed on Toronto Stock Exchange with a market capitalization of $1.1 billion and 5 Closed-End Funds listed on Toronto Stock Exchange with a market capitalization of more than $132 million. BNC; and PRP; commenced trading on Toronto Stock Exchange on October 26, 2016.

SOURCE TMX Group Limited