TORONTO, ON--(Marketwired - October 21, 2016) - Purpose Investments Inc. announces a correction to the October 2016 distribution record date for Limited Duration Investment Grade Preferred Securities Fund - Class F, Limited Duration Investment Grade Preferred Securities Fund - Class U (TSX: PFD.U), Limited Duration Investment Grade Preferred Securities Fund - Class V, U.S. Banks Income & Growth Fund - Class T (TSX: PUB.UN), U.S. Banks Income & Growth Fund - Class A, and U.S. Banks Income & Growth Fund - Class A2. The press release on October 20, 2016 at 18:30 ET reported an incorrect distribution payment date of October 17, 2016. The correct distribution payment date will be November 14, 2016.

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