Purpose Investments Inc. Announces August 2024 Distributions
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Purpose Investments Inc. Announces August 2024 Distributions
Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of August 2024 for its open-end exchange-traded funds and closed-end funds (“the Funds”).
Distribution Dates and Details
The ex-distribution date for all Open-End Funds is August 28, 2024. The ex-distribution date for all closed-end funds is August 30, 2024.
Open-End Funds
Here are the key 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 August 2024 estimated distribution rates for Purpose funds include:
- 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 company with more than $19 billion in assets under management. It focuses on client-centric innovation and offers a wide range of managed and quantitative investment products. Purpose is led by entrepreneur Som Seif.
Contact Information
For further information, please contact:
Keera Hart
Keera.Hart@kaiserpartners.com
905-580-1257
Frequently Asked Questions
What is the purpose of this announcement?
This announcement informs investors about the August 2024 distributions 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 listed in the announcement under the related categories of funds.
Who manages Purpose Investments?
Purpose Investments is managed by entrepreneur Som Seif and focuses on asset management with a client-centric approach.
How can I contact Purpose Investments for more information?
You can contact Keera Hart at 905-580-1257 or via email at Keera.Hart@kaiserpartners.com.
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