Subjects: MUTUAL FUNDS, v
Purpose Investments Inc. Announces Updated April 2024 Distribution Rate and Record and Ex-Distribution dates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund
TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Purpose Investments Inc. announced today the updated April 2024 distribution rates, Record and Ex-Distribution dates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund (the ?ETFs').
The press release on April 17, 2024, reported a record date and ex-distribution date of April 29, 2024 for the ETFs. The final record date and ex-distribution date for the ETFs has been changed to April 26, 2024.
The following table reflects the final distribution amounts and final record date and ex-distribution date for the month of April.
| Open-End Fund | Ticker Symbol | Final distribution per unit | Record Date | Payable Date | Distribution Frequency | |
| Purpose USD Cash Management Fund ? ETF Units | MNU.U | US $ 0.4575 | 04/26/2024 | 05/07/2024 | Monthly | |
| Purpose Cash Management Fund ? ETF Units | MNY | $0.4141 | 04/26/2024 | 05/07/2024 | Monthly | |
| Purpose High Interest Savings Fund ? ETF Units | PSA | $0.2013 | 04/26/2024 | 05/07/2024 | Monthly | |
| Purpose US Cash Fund ? ETF Units | PSU.U | US $ 0.4263 | 04/26/2024 | 05/07/2024 | Monthly | |
About Purpose Investments Inc.
Purpose Investments Inc. is an asset management company with more than $19 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.
For further information please contact:
Keera Hart
[email protected]
905-580-1257
Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. 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.
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