<img src="https://ml.globenewswire.com/Resource/Download/a28192cb-6294-4424-8c24-646fee2c81cd?size=2" nborder="0" align="left" hspace="5" vspace="5" title="PurposeLogos-K_RGB.png" alt="Purpose Investments Inc."/>TORONTO, June 15, 2026 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is excited to announce the expansion of its Yield Shares suite with the launch of the <a href="https://www.purposeinvest.com/funds/spxy-yield-shares-purpose-etf" rel="nofollow" target="_blank" title="">Purpose SpaceX (SPCX) Yield Shares ETF</a>, which begins trading today on Cboe Canada under the ticker <a href="https://www.purposeinvest.com/funds/spxy-yield-shares-purpose-etf" rel="nofollow" target="_blank" title="">SPXY</a>. The new ETF offers investors exposure to SpaceX and is designed to generate enhanced* monthly income through a diversified covered call strategy on approximately 50% of the portfolio, combined with modest leverage of approximately 25%. “SpaceX is one of the most influential companies shaping the future of space exploration and advanced technology, and Canadian investors have been looking for a simple way to access its growth potential,” said Nick Mersh, Portfolio Manager at Purpose Investments. “SPXY gives investors access to that opportunity while providing enhanced monthly income through a strategy focused on long-term total return.” As investor demand continues to grow for single-stock income strategies, SPXY expands Purpose’s Yield Shares suite into one of the most anticipated public market opportunities, offering investors a new way to access innovation, growth potential, and monthly income in a single ETF. Key Benefits: <ul type="disc"><li style="text-align:justify;">Growth Potential: Gain exposure to the long-term growth opportunity of SpaceX, a leader in the commercial space industry.</li><li style="text-align:justify;">Monthly Income: Designed to generate enhanced monthly income through a diversified covered call strategy written on approximately 50% of the portfolio.</li><li style="text-align:justify;">Modest Leverage: Uses approximately 25% leverage to enhance exposure and support the fund’s income objective.</li><li style="text-align:justify;">Tax-Efficient Distributions: Distributions are expected to be in the form of capital gains and/or return of capital, which are typically taxed more favourably than interest income.</li><li style="text-align:justify;">Canadian Dollar Hedged: The Fund will be 100% hedged back to the Canadian dollar, reducing U.S. dollar currency risk for investors. </li></ul> With the addition of SPXY, the Purpose Yield Shares suite has grown to feature 30 ETFs, offering an array of yield-focused strategies across Canadian, U.S. and crypto assets. The new addition reinforces Purpose Yield Shares as a leading option for investors seeking monthly income and total return from their favourite stocks and digital assets. About Purpose Investments Purpose is the manager of the ETF. Purpose is an asset management company with more than $31 billion in assets under management. Purpose has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. Media inquiries: Keera Hart <a href="mailto:Keera.Hart@earnscliffe.ca" rel="nofollow" target="_blank" title="Keera.Hart@earnscliffe.ca">Keera.Hart@earnscliffe.ca</a> 905-580-1257 *Purpose Yield Shares funds provide "enhanced" or higher yields in the form of additional monthly distributions compared with the underlying common stock, which pays a relatively lower or no distribution yield. The content of this document is for informational purposes only and is not being provided in the context of an offering of any securities described herein, nor is it a recommendation or solicitation to buy, hold or sell any security. Information contained in this document is not, and under no circumstances is it to be construed as, an offering memorandum, prospectus, advertisement or public offering of securities. No securities commission or similar regulatory authority has reviewed this information, and any representation to the contrary is an offence. The information contained in this document is believed to be accurate and reliable; however, we cannot guarantee that it is complete or current at all times. The information provided is subject to change without notice. Commissions, trailing commissions, management fees and expenses may all be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Copies of the prospectus may be obtained from purposeinvest.com. 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. Fund distribution levels and frequencies are not guaranteed and may vary at the sole discretion of Purpose Investments. Certain statements in this document may be forward-looking. Forward-looking statements ("FLS") are statements that are predictive in nature, depend on or refer to future events or conditions, or that include words such as "may,” "will,” "should,” "could,” "expect,” "anticipate,” "intend,” "plan,” "believe,” "estimate" or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are, by their nature, based on numerous assumptions. Although the FLS contained in this document are based upon what Purpose Investments believes to be reasonable assumptions, Purpose Investments cannot assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on the FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed, that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise. <img alt="" src='https://ml.globenewswire.com/media/MzBlMTJjNTEtN2Y0NS00ZTEwLWE2OTUtY2ZmNWE2ZDkxY2Y3LTExMDE0NTQtMjAyNi0wNi0xNS1lbg==/tiny/Purpose-Investments-Inc-.png' referrerpolicy='no-referrer-when-downgrade' />

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Purpose Investments Launches Purpose SpaceX (SPCX) Yield Shares ETF, Adding to Its Leading Suite of Yield Shares ETFs

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