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Exchange Bulletin

Purpose Managed Duration Investment Grade Bond Fund (IGB) To Trade On Toronto Stock Exchange


June 19, 2018

Issuer: Purpose Managed Duration Investment Grade Bond Fund (the "Fund")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
ETF Shares IGB 50,000 None C$20.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of ETF Shares (the "Offering")
Listing date: June 20, 2018 (as at 5:01 p.m.) in anticipation of closing of the Offering.
Anticipated closing date: June 21, 2018 (prior to the opening).
Posted for trading date: June 21, 2018 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: RBC Dominion Securities Inc.
Security ownership registration: Non-Certificated Inventory
Investor relations: Som Seif
Tel: (416) 583-3856
info@purposeinvest.com
-and-
Scott Bartholomew
Tel: (416) 583-3857
info@purposeinvest.com
Incorporation: Purpose Mutual Funds Limited (formerly Redwood Mutual Funds Limited, LOGIQ Mutual Funds Limited and prior thereto Front Street Mutual Funds Limited) is an open-ended mutual fund corporation currently governed by articles of amalgamation filed under the laws of Canada effective January 26, 2016, as amended on May 12, 2017, January 5, 2018, January 25, 2018 March 5, 2018 and May 2, 2018.The Fund is a class of shares of Purpose Mutual Funds Limited.
Manager: Redwood Asset Management Inc.
Fiscal year end: October 31
Nature of business: The Fund seeks to provide shareholders with exposure to a diversified portfolio of corporate, government or other bonds, and debt instruments or debt-like securities, of investment grade and non investment grade North American and/or international issuers. This could include investments in corporate bonds, notes, floating rate notes, convertible bonds, preferred shares, bank loans, government bonds or other income-producing securities.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
No Switching of ETF Shares: ETF Shares of a Fund may not be switched for Mutual Fund Shares of the Fund and vice versa.
Dividends: The Fund expects to make distributions monthly, if any.
Sponsorship: Not applicable
Offering document: Simplified Prospectus and Annual Information Form both dated May 30, 2018 (the "Offering Documents"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Offering Documents.
Initial public offering: 50,000 ETF Shares will be issued at a subscription price of $20.00 per ETF Share. ETF Shares are being issued and sold on a continuous basis and there is no maximum number of ETF Shares that may be issued.
TSX contact: Julie K. Shin,
Director, Listed Issuer Services,
Toronto Stock Exchange.