Purpose Investments Reveals February 2025 Distribution Rates
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Purpose Investments Features February 2025 Distribution Rates
Purpose Investments Inc. has officially unveiled the final distribution rates for February 2025, applicable to several of its prominent funds. This significant announcement is pertinent to investors engaged with Purpose High-Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund.
Distribution Rates Overview
The newly released distribution rates serve as a crucial indicator of the financial performance expected from each fund. The ex-distribution date is specified as February 26, 2025. Investors should keep this date in mind when making their financial decisions.
Details of Final Distribution Amounts
Purpose Investments has shared detailed information regarding the final distribution amounts for February, ensuring transparency in their operations. These figures reflect the commitment of Purpose Investments to provide timely updates to its investors.
Distribution Amounts by Fund
For each fund listed, here are the finalized distribution amounts per unit:
- Purpose USD Cash Management Fund – ETF Units (Ticker: MNU.U): US $0.3407
- Purpose Cash Management Fund – ETF Units (Ticker: MNY): $0.2701
- Purpose High Interest Savings Fund – ETF Units (Ticker: PSA): $0.1130
- Purpose US Cash Fund – ETF Units (Ticker: PSU.U): US $0.3244
Each fund has a monthly distribution frequency, showcasing the steady income opportunities for investors.
About Purpose Investments Inc.
Purpose Investments Inc. stands as a distinguished asset management firm, boasting over $23 billion in assets under management. The organization emphasizes innovative, client-centric products, catering to a diverse range of investment strategies. Led by noted entrepreneur Som Seif, Purpose Investments operates under Purpose Unlimited, a pioneering technology-driven financial services entity.
Contact Information
For further inquiries regarding distribution updates or other investment matters, Keera Hart can be contacted directly via email at Keera.Hart@kaiserpartners.com or by phone at 905-580-1257.
Frequently Asked Questions
What funds are affected by the February 2025 distribution announcement?
The February 2025 distribution rates announced by Purpose Investments apply to the Purpose High-Interest Savings Fund, US Cash Fund, Cash Management Fund, and USD Cash Management Fund.
When is the ex-distribution date?
The ex-distribution date is February 26, 2025, for the funds mentioned.
Who leads Purpose Investments Inc.?
Purpose Investments Inc. is led by the well-known entrepreneur Som Seif, focusing on innovative investment solutions.
How much assets do Purpose Investments manage?
Purpose Investments Inc. manages more than $23 billion in assets, showcasing their significant presence in the investment management industry.
How can I contact Purpose Investments?
For inquiries, you can reach out to Keera Hart at Keera.Hart@kaiserpartners.com or call 905-580-1257.
About The Author
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