Merger Details:

Effective January 1, 2018, NexC Partners Corp. converted to an open-end fund by way of a merger of the Company into Purpose Enhanced Dividend Fund (PDIV). Holders of NexC Class A shares will receive one ETF share of PDIV for each share previously held. Holders of Class F shares will receive Series F shares (un-listed) of PDIV on a one-for-one basis. Class J shares will receive 1.032987 Class F shares of PDIV for each share previously held. The exchanges were effected on a tax-deferred basis, unless holders elected to dispose of their shares under the Special Redemption right on December 27, 2017.