Purpose Investments Inc. Announces 2025 Estimated Annual Income and Capital Gains Distributions
MWN-AI** Summary
Purpose Investments Inc. has released its estimated annual income and capital gains distributions for the 2025 tax year, detailing anticipated payouts for its range of open-end exchange-traded funds (ETFs) and closed-end funds. As of December 2, 2025, these estimates will serve as a benchmark for income earned and capital gains realized, but they remain subject to adjustments prior to the fiscal year-end on December 15 or December 31, 2025, depending on the fund.
Notably, the Purpose Tactical Hedged Equity Fund – ETF Series (PHE) is estimated to distribute $5.40 per share, representing 13.48% of its net asset value (NAV), while the Purpose Core Dividend Fund – ETF Series (PDF) anticipates a lower distribution of $0.71 per share, or 1.87% of its NAV. Other funds are projected to deliver various amounts, with the Purpose Bitcoin Yield ETF producing an estimated $1.19 per unit, equating to 16.58% of its NAV.
The distribution types vary, with some payments being categorized as cash, notably for the Purpose Core Equity Income Fund and Purpose Tactical Asset Allocation Fund, while many others are categorized as notional distributions. Shareholders in the ETF series of Purpose Fund Corp. and other related entities are scheduled to receive these capital gains distributions on or about February 3, 2026, after the record date on January 30, 2026.
Purpose Investments, which manages assets exceeding $27 billion, prides itself on innovation in client-centric asset management. It is led by Som Seif and operates under Purpose Financial, an independent financial services entity. Investors are advised to review the fund’s prospectus and related documents for a comprehensive understanding of associated risks and fees.
MWN-AI** Analysis
Purpose Investments Inc. recently announced estimated annual income and capital gains distributions for its open-end and closed-end funds for the 2025 tax year. This provides crucial insights for investors in understanding potential returns and making informed decisions in a fluctuating market.
Key highlights include notable distributions from their tactical and yield-focused ETFs. For instance, the Purpose Tactical Hedged Equity Fund (Ticker: PHE) estimates a capital gain distribution of $5.40 per share, translating to a significant 13.48% yield based on its NAV. Similarly, the Purpose Bitcoin Yield ETF (BTCY) shows an impressive 16.55% yield, appealing to crypto-focused investors amid a generally bullish environment for digital assets.
Investors should consider their risk tolerance and investment goals when evaluating these distributions. The notional distributions, while attractive, carry risks associated with performance volatility, and thus, ongoing market conditions must be monitored. Given the current economic landscape, characterized by potential rate hikes and inflation concerns, diversifying into ETFs that provide both equity exposure and capital preservation strategies could be prudent.
Furthermore, it is crucial to note the distinction between cash and notional distributions, particularly for those relying on immediate cash flow. Funds like the Purpose Core Equity Income Fund (RDE), which provides a cash distribution, might be more suitable for income-seeking investors compared to others that offer notional distributions.
Overall, Purpose Investments presents a diversified range of funds that cater to both aggressive and conservative investment styles. Investors should remain proactive, utilizing the forthcoming year-end distribution updates as an opportunity to reassess their portfolios to align with their specific financial objectives in 2026 and beyond. Consider consulting with financial professionals to optimize asset allocation and risk management strategies in this evolving market environment.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
TORONTO, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) today announced the estimated annual distributions of income and capital gains for its open-end exchange-traded funds and closed-end funds (the “Funds”) for the 2025 tax year. The estimated distributions represent estimated income earned and capital gains realized by the Funds during the year.
Please note that these are estimated amounts only, as of December 2, 2025. Circumstances may arise which would cause these estimates to change before the Funds’ tax year end on December 15, 2025 or December 31, 2025, as applicable.
Estimated Annual Capital Gain Distributions
Purpose Fund Corp.
| Fund Name | Ticker Symbol | Exchange | Estimated Annual Capital Gains Distribution Per Share | NAV Per Share (as of Dec 2, 2025) | Estimated Annual Distribution (% of Dec 2, 2025 NAV) | Distribution Type (Cash or Notional) | |||
| Purpose Core Dividend Fund – ETF Series | TSX | $ | 0.7100 | $ | 37.88 | 1.87 | % | Notional Distribution | |
| Purpose Tactical Hedged Equity Fund – ETF Series | PHE | TSX | $ | 5.4000 | $ | 40.07 | 13.48 | % | Notional Distribution |
| Purpose Tactical Hedged Equity Fund - Non-Currency Hedged – ETF Series | PHE.B | TSX | $ | 3.4100 | $ | 45.71 | 7.46 | % | Notional Distribution |
| Purpose Diversified Real Asset Fund – ETF Series | PRA | TSX | $ | 0.1600 | $ | 32.60 | 0.49 | % | Notional Distribution |
| Purpose Best Ideas Fund – ETF Series | PBI | TSX | $ | 1.8100 | $ | 51.93 | 3.49 | % | Notional Distribution |
| Purpose Best Ideas Fund - Non-Currency Hedged – ETF Series | PBI.B | TSX | $ | 3.2600 | $ | 68.29 | 4.77 | % | Notional Distribution |
| Purpose International Tactical Hedged Equity Fund – ETF Series | PHW | TSX | $ | 1.1600 | $ | 21.42 | 5.42 | % | Notional Distribution |
| Purpose Canadian Financial Income Fund – ETF Series | BNC | TSX | $ | 1.1500 | $ | 33.39 | 3.44 | % | Notional Distribution |
| Purpose Conservative Income Fund – ETF Series | PRP | TSX | $ | 0.0700 | $ | 20.04 | 0.35 | % | Notional Distribution |
| Purpose Enhanced Dividend Fund – ETF Series | PDIV | TSX | $ | 0.0240 | $ | 9.45 | 0.25 | % | Notional Distribution |
| Purpose Core Equity Income Fund – ETF Series | RDE | Cboe Canada | $ | 0.5600 | $ | 32.45 | 1.73 | % | Cash Distribution |
| Purpose Tactical Asset Allocation Fund – ETF Series | RTA | Cboe Canada | $ | 1.0800 | $ | 33.47 | 3.23 | % | Cash Distribution |
| Purpose Tactical Thematic Fund – ETF Series | RTT | Cboe Canada | $ | 1.3500 | $ | 25.73 | 5.25 | % | Cash Distribution |
| AMD (AMD) Yield Shares Purpose ETF – ETF Series | YAMD | Cboe Canada | $ | 3.5500 | $ | 25.28 | 14.04 | % | Notional Distribution |
| META (META) Yield Shares Purpose ETF – ETF Series | YMET | Cboe Canada | $ | 0.9500 | $ | 19.83 | 4.79 | % | Notional Distribution |
| Costco (COST) Yield Shares Purpose ETF – ETF Series | YCST | Cboe Canada | $ | 0.1500 | $ | 16.16 | 0.93 | % | Notional Distribution |
| Netflix (NFLX) Yield Shares Purpose ETF – ETF Series | YNET | Cboe Canada | $ | 1.9600 | $ | 19.00 | 10.32 | % | Notional Distribution |
| Palantir (PLTR) Yield Shares Purpose ETF – ETF Series | YPLT | Cboe Canada | $ | 2.0700 | $ | 27.18 | 7.62 | % | Notional Distribution |
| UnitedHealth Group (UNH) Yield Shares Purpose ETF – ETF Series | YUNH | Cboe Canada | $ | 0.2200 | $ | 9.75 | 2.26 | % | Notional Distribution |
| Broadcom (AVGO) Yield Shares Purpose ETF – ETF Series | YAVG | Cboe Canada | $ | 2.3500 | $ | 31.48 | 7.47 | % | Notional Distribution |
| Coinbase (COIN) Yield Shares Purpose ETF – ETF Series | YCON | Cboe Canada | $ | 1.0500 | $ | 13.84 | 7.59 | % | Notional Distribution |
| TD (TD) Yield Shares Purpose ETF – ETF Series | TDY | Cboe Canada | $ | 0.1100 | $ | 11.41 | 0.96 | % | Notional Distribution |
| Shopify (SHOP) Yield Shares Purpose ETF – ETF Series | SHPY | Cboe Canada | $ | 0.0900 | $ | 11.07 | 0.81 | % | Notional Distribution |
| Canadian Natural Resource (CNQ) Yield Shares Purpose ETF – ETF Series | CNQY | Cboe Canada | $ | 0.0800 | $ | 11.15 | 0.72 | % | Notional Distribution |
| Scotiabank (BNS) Yield Shares Purpose ETF – ETF Series | BNSY | Cboe Canada | $ | 0.3400 | $ | 12.31 | 2.76 | % | Notional Distribution |
| Purpose Couche-Tard (ATD) Yield Shares ETF – ETF Series | ATDY | Cboe Canada | $ | 0.0700 | $ | 10.22 | 0.68 | % | Notional Distribution |
| Purpose Brookfield (BN) Yield Shares ETF – ETF Series | BNY | Cboe Canada | $ | 0.0300 | $ | 10.80 | 0.28 | % | Notional Distribution |
Big Banc Split Corp.
| Fund Name | Ticker Symbol | Exchange | Estimated Annual Capital Gains Distribution Per Share | NAV Per Share (as of Dec 2, 2025) | Estimated Annual Distribution (% of Dec 2, 2025 NAV) | Distribution Type (Cash or Notional) | |||
| Big Banc Split Corp. – Class A Shares | BNK | TSX | $ | 3.1200 | $ | 16.38 | 19.05 | % | Notional Distribution |
Purpose Ether Staking Corp. ETF
| Fund Name | Ticker Symbol | Exchange | Estimated Annual Capital Gains Distribution Per Share | NAV Per Share (as of Dec 2, 2025) | Estimated Annual Distribution (% of Dec 2, 2025 NAV) | Distribution Type (Cash or Notional) | |||
| Purpose Ether Staking Corp. ETF – ETF Shares | ETHC.B | Cboe Canada | $ | 0.2300 | $ | 5.67 | 4.05 | % | Notional Distribution |
Shareholders of record of ETF series of Purpose Fund Corp, Big Banc Split Corp., and Purpose Ether Staking Corp ETF. Funds on January 30, 2026 are expected to receive the capital gains distributions paid in cash on or about February 3, 2026. Notional distributions are expected to be processed on January 30, 2026.
Purpose Mutual Funds Limited
| Fund Name | FundServ Code | Estimated Annual Capital Gains Distribution Per Share | NAV Per Share (as of Dec 2, 2025) | Estimated Annual Distribution (% of Dec 2, 2025 NAV) | Distribution Type (Cash or Notional) | |||
| Purpose Structured Equity Growth Fund – Series A | PFC8300 | $ | 2.4050 | $ | 28.67 | 8.39 | % | Notional Distribution |
| Purpose Structured Equity Growth Fund – Series F | PFC8301 | $ | 2.5305 | $ | 30.24 | 8.37 | % | Notional Distribution |
| Purpose Global Resource Fund – Series A | PFC5104 | $ | 0.2090 | $ | 4.78 | 4.37 | % | Notional Distribution |
| Purpose Global Resource Fund – Series F | PFC5101 | $ | 0.2665 | $ | 6.10 | 4.37 | % | Notional Distribution |
| Purpose Global Resource Fund – Series L | PFC5107 | $ | 0.3300 | $ | 7.56 | 4.36 | % | Notional Distribution |
The notional distributions for shareholders of record of Purpose Mutual Funds Limited Funds listed in the table above are expected to be processed on December 15, 2025.
Purpose Mutual Fund Trusts
Details of the per unit estimated capital gain distribution amounts are as follows:
| Fund Name | Ticker Symbol | Exchange | Estimated Annual Capital Gains Distribution Per Unit | NAV Per Unit (as of Dec 2, 2025) | Estimated Annual Distribution (% of Dec 2, 2025 NAV) | Distribution Type (Cash or Notional) | |||
| Purpose Bitcoin Yield ETF – ETF Units | BTCY | TSX | $ | 1.1900 | $ | 7.18 | 16.58 | % | Notional Distribution |
| Purpose Bitcoin Yield ETF – ETF Non-Currency Hedged Units | BTCY.B | TSX | $ | 1.4500 | $ | 8.79 | 16.50 | % | Notional Distribution |
| Purpose Bitcoin Yield ETF – ETF Non-Currency Hedged USD Units | BTCY.U | TSX | US $ 1.1800 | US $ 7.13 | 16.55 | % | Notional Distribution | ||
| Purpose Ether Yield ETF – ETF Units | ETHY | TSX | $ | 0.1700 | $ | 2.73 | 6.24 | % | Notional Distribution |
| Purpose Ether Yield ETF – ETF Non-Currency Hedged Units | ETHY.B | TSX | $ | 0.2200 | $ | 3.64 | 6.05 | % | Notional Distribution |
| Purpose Ether Yield ETF – ETF Non-Currency Hedged USD Units | ETHY.U | TSX | US $ 0.1700 | US $ 2.74 | 6.20 | % | Notional Distribution | ||
| Purpose Core Bitcoin ETF – ETF Non-Currency Hedged Units | BTCO.B | TSX | $ | 0.0200 | $ | 17.54 | 0.11 | % | Notional Distribution |
| Purpose Core Bitcoin ETF – ETF Non-Currency Hedged USD Units | BTCO.U | TSX | US $ 0.0200 | US $ 17.51 | 0.11 | % | Notional Distribution | ||
| Purpose Core Ether ETF – ETF Non-Currency Hedged Units | ETHO.B | TSX | $ | 0.6700 | $ | 22.84 | 2.93 | % | Notional Distribution |
| Purpose Core Ether ETF – ETF Non-Currency Hedged USD Units | ETHO.U | TSX | US $ 0.6700 | US $ 22.81 | 2.94 | % | Notional Distribution | ||
| Purpose Solana ETF – ETF Units | SOLL | TSX | $ | 2.1000 | $ | 10.71 | 19.61 | % | Notional Distribution |
| Purpose Solana ETF – ETF Non-Currency Hedged Units | SOLL.B | TSX | $ | 2.1250 | $ | 10.85 | 19.59 | % | Notional Distribution |
| Purpose Solana ETF – ETF Non-Currency Hedged USD Units | SOLL.U | TSX | US $ 2.1200 | US $ 10.82 | 19.59 | % | Notional Distribution | ||
| Purpose Active Balanced Fund – ETF Units | PABF | TSX | $ | 0.3400 | $ | 25.78 | 1.32 | % | Cash Distribution |
| Purpose Active Conservative Fund – ETF Units | PACF | TSX | $ | 0.1600 | $ | 24.66 | 0.65 | % | Cash Distribution |
| Purpose Active Growth Fund – ETF Units | PAGF | TSX | $ | 0.4200 | $ | 28.01 | 1.50 | % | Cash Distribution |
| Amazon (AMZN) Yield Shares Purpose ETF – ETF Units | YAMZ | Cboe Canada | $ | 1.7000 | $ | 45.46 | 3.74 | % | Notional Distribution |
| Berkshire Hathaway (BRK) Yield Shares Purpose ETF – ETF Units | BRKY | Cboe Canada | $ | 0.0600 | $ | 27.89 | 0.22 | % | Notional Distribution |
| Alphabet (GOOGL) Yield Shares Purpose ETF – ETF Units | YGOG | Cboe Canada | $ | 1.6800 | $ | 56.89 | 2.95 | % | Notional Distribution |
| NVIDIA (NVDA) Yield Shares Purpose ETF – ETF Units | YNVD | Cboe Canada | $ | 2.5200 | $ | 43.44 | 5.80 | % | Notional Distribution |
| Microsoft (MSFT) Yield Shares Purpose ETF – ETF Units | MSFY | Cboe Canada | $ | 1.2000 | $ | 22.09 | 5.43 | % | Notional Distribution |
| Tesla (TSLA) Yield Shares Purpose ETF – ETF Units | YTSL | Cboe Canada | $ | 3.2800 | $ | 24.86 | 13.20 | % | Notional Distribution |
Estimated Annual Distributions of Income
Details of the per unit estimated income distribution amounts are as follows:
| Purpose Mutual Fund Trusts | Ticker Symbol | Exchange | Estimated Annual Income Distribution Per Unit | NAV Per Unit (as of Dec 2, 2025) | Estimated Annual Distribution (% of Dec 2, 2025 NAV) | Distribution Type (Cash or Notional) | |||
| Purpose Core Ether ETF – ETF Non-Currency Hedged Units | ETHO.B | TSX | $ | 0.0400 | $ | 22.84 | 0.18 | % | Notional Distribution |
| Purpose Core Ether ETF – ETF Non-Currency Hedged USD Units | ETHO.U | TSX | US $ 0.0400 | US $ 22.81 | 0.18 | % | Notional Distribution | ||
| Purpose Solana ETF – ETF Units | SOLL | TSX | $ | 0.0550 | $ | 10.71 | 0.51 | % | Notional Distribution |
| Purpose Solana ETF – ETF Non-Currency Hedged Units | SOLL.B | TSX | $ | 0.0550 | $ | 10.85 | 0.51 | % | Notional Distribution |
| Purpose Solana ETF – ETF Non-Currency Hedged USD Units | SOLL.U | TSX | US $ 0.0550 | US $ 10.82 | 0.51 | % | Notional Distribution | ||
| Purpose International Dividend Fund – ETF Units | PID | TSX | $ | 0.1300 | $ | 29.50 | 0.44 | % | Notional Distribution |
| Purpose Active Conservative Fund – ETF Units | PACF | TSX | $ | 0.0100 | $ | 24.68 | 0.04 | % | Notional Distribution |
| Purpose Active Growth Fund – ETF Units | PAGF | TSX | $ | 0.0100 | $ | 28.01 | 0.04 | % | Notional Distribution |
Purpose expects to announce the final year-end distribution amounts for Purpose Mutual Fund Trusts with December 15, 2025 tax year-end on or about December 18, 2025. The respective unitholders of record on December 29, 2025 will receive the 2025 annual distributions paid in cash on January 5, 2026, and the ex-dividend date for the 2025 annual distributions for these ETFs (Purpose Mutual Fund Trusts) paid in cash will be December 29, 2025. Notional distributions are expected to be processed on or about December 29, 2025.
Purpose expects to announce the final year-end distributions for Purpose High Interest Savings Fund – ETF Units, Purpose US Cash Fund – ETF Units, Purpose Cash Management Fund – ETF Units, and Purpose USD Cash Management Fund – ETF Units on or about December 31, 2025, if necessary.
Purpose expects to announce the final annual capital gain distributions for Purpose Fund Corp., Purpose Ether Staking Corp. ETF, and Big Banc Split Corp. on or about January 23, 2026, if necessary.
Purpose confirms that as of December 2, 2025, the following Funds are not expected to have annual capital gain distributions for the 2025 tax year:
Purpose Fund Corp. Funds:
- Purpose Total Return Bond Fund
- Purpose Monthly Income Fund
- Purpose Premium Yield Fund
- Purpose Premium Yield Fund - Non-Currency Hedged
- Purpose Premium Money Market Fund
- Purpose Real Estate Income Fund
- Purpose Structured Equity Yield Plus Fund
- Purpose (RBCY) Yield Shares ETF
- Purpose Enbridge (ENB) Yield Shares ETF
- Purpose Telus (T) Yield Shares ETF
- Purpose Dollarama (DOL) Yield Shares ETF
Purpose Mutual Funds Limited Funds:
- Purpose Enhanced Premium Yield Fund
- Purpose Global Bond Class
- Purpose Global Innovators Fund
- Purpose Structured Equity Yield Fund
- Purpose Tech Innovators Yield Shares ETF
Purpose Mutual Fund Trusts:
- Purpose Bitcoin ETF
- Purpose Ether ETF
- Purpose XRP ETF
- Purpose Global Bond Fund
- Purpose Global Flexible Credit Fund
- Purpose Gold Bullion Fund
- Purpose Silver Bullion Fund
- Purpose Multi-Strategy Market Neutral Fund
- Apple (AAPL) Yield Shares Purpose ETF
- Purpose Credit Opportunities Fund
- Purpose Canadian Preferred Share Fund
- Purpose Strategic Yield Fund
- Purpose Multi-Asset Income Fund
- Longevity Pension Fund
- Purpose Emerging Markets Dividend Fund
- Purpose US Preferred Share Fund
- Purpose High Interest Savings Fund
- Purpose US Cash Fund
- Purpose Cash Management Fund
- Purpose USD Cash Management Fund
- Purpose Specialty Lending Trust
Big Banc Split Corp.
- Big Banc Split Corp. – Preferred Shares
Please note that these are estimated amounts only, as of December 2, 2025. Circumstances may arise which would cause these estimates to change before the Funds’ tax year end on December 15, 2025 or December 31, 2025, as applicable.
About Purpose Investments
Purpose Investments is an asset management company with more than $27 billion 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 Financial, an independent technology-driven financial services company.
For further information please contact:
Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257
Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
This press release is for information purposes only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. This press release is not for dissemination in the United States or for distribution to US news wire services.
FAQ**
What are the contributing factors to the estimated annual capital gains distribution of $1.1500 per share for the Purpose Canadian Financial Income Fund BNC:CC as of December 2, 2025, and how might market conditions impact this figure?
In light of its estimated annual distribution of 3.44% based on the NAV of $33.39 for the Purpose Canadian Financial Income Fund BNC:CC, how does this performance compare to similar funds within its category?
Can you elaborate on the implications of the notional distribution type for the Purpose Canadian Financial Income Fund BNC:CC and how it affects shareholder returns in the upcoming fiscal year?
With the final year-end distribution amounts for the Purpose Canadian Financial Income Fund BNC:CC expected on December 29, 2025, what key metrics should investors monitor to assess the fund’s overall performance against its benchmarks?
**MWN-AI FAQ is based on asking OpenAI questions about Purpose Best Ideas Fund (TSXC: PBI.B:CC).
NASDAQ: PBI.B:CC
PBI.B:CC Trading
0.0% G/L:
$33 Last:
0 Volume:
$0 Open:
