TORONTO, Aug. 12, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce it has filed a preliminary prospectus with Canadian securities regulators for 15 new Canadian Yield Shares exchange-traded funds (“ETFs”). These new ETFs mark the expansion of the Purpose Yield Shares suite, which currently offers a lineup of 16 ETFs focused on U.S. stocks. Similar to the existing Yield Shares ETFs, the new Canadian Yield Shares ETFs are designed to offer investors tax-efficient monthly income while providing exposure to some of Canada’s largest and most recognized companies. Each of the ETFs is a class of shares of Purpose Fund Corp.
The New Canadian Yield Shares ETFs are:
| Fund Name | Ticker | Underlying Company |
| Purpose BMO (BMO) Yield Shares ETF | BMOY | BMO |
| Purpose TD (TD) Yield Shares ETF | TDY | TD |
| Purpose RBC (RY) Yield Shares ETF | RBCY | RBC |
| Purpose Scotiabank (BNS) Yield Shares ETF | BNSY | Scotiabank |
| Purpose CIBC (CM) Yield Shares ETF | CMY | CIBC |
| Purpose National Bank (NA) Yield Shares ETF | NAY | National Bank |
| Purpose Enbridge (ENB) Yield Shares ETF | ENBY | Enbridge |
| Purpose Shopify (SHOP) Yield Shares ETF | SHPY | Shopify |
| Purpose Canadian Natural Resources (CNQ) Yield Shares ETF | CNQY | Canadian Natural Resources |
| Purpose TELUS (T) Yield Shares ETF | TY | TELUS |
| Purpose Dollarama (DOL) Yield Shares ETF | DOLY | Dollarama |
| Purpose Couche-Tard (ATD) Yield Shares ETF | ATDY | Couche-Tard |
| Purpose Brookfield (BN) Yield Shares ETF | BNY | Brookfield |
| Purpose Canadian National Railway (CNR) Yield Shares ETF | CNRY | Canadian National Railway |
| Purpose Manulife (MFC) Yield Shares ETF | MFCY | Manulife |
Each ETF seeks to provide shareholders with long-term capital appreciation through purchasing and holding common stock of an underlying company and may include the use of leverage through cash borrowing to purchase common stock of the underlying company, and distributions by writing covered call options and/or cash covered put options on a portion of the fund’s portfolio.
About Purpose Investments Inc.
Purpose Investments is an asset management company with more than $26 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.
For further information, please contact:
Keera Hart
905-580-1257
A preliminary prospectus relating to the ETFs (the “Preliminary Prospectus”) has been filed with the Canadian securities commissions or similar authorities. You cannot buy shares of the ETFs until the relevant securities commissions or similar authorities issue receipts for the final prospectus of the ETFs. Important information about the ETFs is contained in the Preliminary Prospectus. Copies of the Preliminary Prospectus may be obtained from SEDAR+ at www.sedarplus.ca.
Commissions, trailing commissions, management fees, and expenses may be associated with investments in investment funds. Please read the prospectus before investing. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Investment funds are not guaranteed; their values change frequently, and past performance may not be repeated.