TORONTO, ONTARIO--(Marketwired - Mar 3, 2015) - NexC Partners Corp. (the "Company") (TSX:NXC) would like to announce that the annual redemption condition for the March 2015 annual redemption date has not been triggered as described in the Company's prospectus. Over the four month period ended February 28th, 2015, the Class A shares traded on the TSX at an average discount of 4.48% to the net asset value per Class A share on a volume weighted basis.

The Company continues to surpass its long term objectives of providing attractive income and capital appreciation for investors through an investment in a high quality portfolio of North American dividend-paying equity securities, while also providing an opportunity to participate in the growth of Purpose Investments. From the Company's inception date of February 20, 2013 to February 28, 2015, the total return for the Class A shares over the period was 29.36% and the annual compounded total return was 13.58%. Since the launch of NexC, the value of Purpose Investments has grown to represent $0.32 per share, or approximately 2.7% of the Company's net asset value. Purpose now manages over $1 billion in total assets and as Purpose continues to grow, the investors in NexC will continue to benefit.

"We are extremely proud of the performance of NexC and what it has provided to investors since its inception in February 2013. The launch of NexC represented the inception of Purpose Investments Inc. and the catalyst for what we have brought to the market - the highest quality investments for the lowest price. What makes NexC special is that it is made up of a high quality North American dividend portfolio and an equity stake in Purpose Investments, making the investors in NexC partners alongside of us in our business," said Som Seif, President & CEO of Purpose Investments.

About Purpose Investments

Purpose Investments is an asset management firm inspired by the belief that all investors should have access to great investment products along with low fees. Purpose believes in focusing first on managing risk and creating value that is currently missing from the marketplace, thus empowering all Canadians to be better investors. Purpose currently offers 11 exchange traded funds and mutual funds and two closed-end funds across multiple asset classes and strategies.

Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total return and the cumulative total return including changes in share value and reinvestment of all dividends and does not take into account sales, redemptions, distributions or optional charges or income taxes payable by any shareholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.