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TORONTO, ON--(Marketwired - July 05, 2017) - Purpose Investments announces that the Limited Duration Investment Grade Preferred Securities Fund (the "Fund") (TSX: PFD.UN) has received approval for a normal course issuer bid to purchase up to 205,830 Class A Units (the "Units") of the Fund, representing approximately 10% of the public float of 2,058,301 Units. The Fund may purchase up to 41,166 Units in any 30-day period. This represents 2% of the 2,058,301 issued and outstanding Units as at June 30, 2017. |
