Purpose Investments Declares Distributions for Funds

Purpose Investments Highlights February 2025 Distributions

Purpose Investments Inc. is excited to share its distributions for February 2025 across various open-end and closed-end funds. This announcement provides essential information on the ex-distribution dates, record dates, and the respective payouts for investors.

Open-End Funds Distribution Details

The ex-distribution date for all open-end funds is set for February 26, 2025, while the same for closed-end funds will be on February 28, 2025. Let’s take a look at some of the key open-end funds:

Distribution Amounts

The following are some of the open-end funds, their ticker symbols, distribution per share, record dates, and payable dates:

Apple (AAPL) Yield Shares Purpose ETF - ETF Units: Ticker: APLY, Distribution: $0.1667, Record Date: 02/26/2025, Payable Date: 03/04/2025, Frequency: Monthly

Purpose Canadian Financial Income Fund - ETF Series: Ticker: BNC, Distribution: $0.1225, Record Date: 02/26/2025, Payable Date: 03/04/2025, Frequency: Monthly

Purpose Global Bond Fund - ETF Units: Ticker: BND, Distribution: $0.0840, Record Date: 02/26/2025, Payable Date: 03/04/2025, Frequency: Monthly

Additional Noteworthy Funds

For other prominent funds like Berkshire Hathaway (BRK) Yield Shares Purpose ETF and Purpose Bitcoin Yield ETF, the distributions level likewise maintains a monthly issuance, ensuring regular income flow for their investors:

Berkshire Hathaway (BRK) Yield Shares Purpose ETF - ETF Units: Ticker: BRKY, Distribution: $0.1000, Record Date: 02/26/2025, Payable Date: 03/04/2025, Frequency: Monthly

Purpose Bitcoin Yield ETF - ETF Units: Ticker: BTCY, Distribution: $0.0850, Record Date: 02/26/2025, Payable Date: 03/04/2025, Frequency: Monthly

Estimated Distributions for Cash Management Funds

Purpose Investments also anticipates issuing estimates for its cash management funds. These distributions are expected to provide investors with a reliable return:

Projected Distributions

The following outlines the anticipated distributions for Purpose's cash management funds:

Purpose USD Cash Management Fund - ETF Units: Ticker: MNU.U, Estimated Distribution: US $0.3407, Record Date: 02/26/2025, Payable Date: 03/04/2025, Frequency: Monthly

Purpose Cash Management Fund - ETF Units: Ticker: MNY, Estimated Distribution: $0.2707, Record Date: 02/26/2025, Payable Date: 03/04/2025, Frequency: Monthly

Company Overview and Management

Purpose Investments has established itself as a premier asset management firm overseeing over $23 billion in assets. It prides itself on a client-focused approach, delivering innovative investment solutions tailored for a various clientele. With Som Seif at the helm, the company continues to push for technology-driven financial services.

Contact Information

For further inquiries, you can reach Purpose Investments:
Contact Email: info@purposeinvest.com
Media Inquiries: Keera Hart, V.P. Communications, keera.hart@kaiserpartners.com, 905-580-1257

Frequently Asked Questions

What are the details of the February 2025 distributions?

Purpose Investments has announced distributions for their funds with specific amounts, record dates, and payable dates listed in their release.

How often do these funds pay out distributions?

Most of the Purpose funds have a monthly distribution frequency, ensuring regular income for investors.

Who manages Purpose Investments?

Purpose Investments is led by entrepreneur Som Seif, focusing on client-centered financial services and innovation.

How can I get in touch with Purpose Investments for more information?

For inquiries, you can reach out via their general contact email at info@purposeinvest.com.

What should investors consider regarding these distributions?

Investors are encouraged to review the relevant prospectus and disclosure documents prior to investing, as all investment funds carry risks.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

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