Purpose Investments Inc. Announces Distributions for August 2024
Purpose Investments Inc. (“Purpose”) is excited to share the distribution details for August 2024 concerning its open-end exchange-traded funds and closed-end funds (“the Funds”).
Distribution Dates and Key Information
The ex-distribution date for all Open-End Funds is set for August 28, 2024, while the ex-distribution date for all Closed-End Funds is August 30, 2024.
Open-End Funds
Below are the significant distributions for Open-End Funds:
- Apple (AAPL) Yield Shares Purpose ETF - APLY: $0.1667, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Canadian Financial Income Fund - BNC: $0.1225, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Global Bond Fund - BND: $0.0840, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Berkshire Hathaway (BRK) Yield Shares Purpose ETF - BRKY: $0.1000, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Bitcoin Yield ETF - BTCY: $0.0525, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Bitcoin Yield ETF – BTCY.B: $0.0605, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Bitcoin Yield ETF - BTCY.U: US $0.0510, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Credit Opportunities Fund - CROP: $0.0875, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Ether Yield - ETHY: $0.0380, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Global Flexible Credit Fund - FLX: $0.0450, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
Closed-End Funds
For Closed-End Funds, here are the important distributions:
- Big Banc Split Corp – Class A - BNK: $0.1200, Record Date: 08/30/2024, Payable Date: 09/13/2024, Frequency: Monthly
- Big Banc Split Corp – Preferred Shares - BNK.PR.A: $0.0700, Record Date: 08/30/2024, Payable Date: 09/13/2024, Frequency: Monthly
Estimated Distributions for Other Funds
The estimated distribution rates for Purpose funds in August 2024 are as follows:
- Purpose USD Cash Management Fund - MNU.U: US $0.4344, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose Cash Management Fund - MNY: $0.3898, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose High Interest Savings Fund - PSA: $0.1805, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
- Purpose US Cash Fund - PSU.U: US $0.4260, Record Date: 08/28/2024, Payable Date: 09/04/2024, Frequency: Monthly
About Purpose Investments Inc.
Purpose Investments is an asset management firm that oversees more than $19 billion in assets. The company emphasizes client-centric innovation and provides a diverse array of managed and quantitative investment products. Entrepreneur Som Seif leads Purpose.
Contact Information
If you need further information, please reach out to:
Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257
Frequently Asked Questions
What is the purpose of this announcement?
This announcement serves to inform investors about the distributions for August 2024 for various funds managed by Purpose Investments Inc.
When is the ex-distribution date for Open-End Funds?
The ex-distribution date for all Open-End Funds is August 28, 2024.
Where can I find the estimated distributions for Purpose Funds?
The estimated distributions are detailed in the announcement under the relevant categories of funds.
Who manages Purpose Investments?
Purpose Investments is led by entrepreneur Som Seif and is dedicated to asset management with a focus on client-centric strategies.
How can I contact Purpose Investments for more information?
You can reach out to Keera Hart at 905-580-1257 or via email at Keera.Hart@kaiserpartners.com.