Purpose Investments Reveals Upcoming Distributions for Funds

Purpose Investments Shares September Distributions

Purpose Investments Inc. is delighted to share details about the distributions scheduled for this September, tailored for both open-end exchange traded funds (ETFs) and closed-end funds. Investors looking forward to the financial performance of their portfolios will find this information important.

Distribution Dates for Open-End Funds

The ex-distribution date for open-end funds is set for September 26, while closed-end funds follow closely with their ex-distribution date on September 27. This period marks a crucial time for investors to ensure they are informed about their dividends.

Overview of Open-End Funds Distributions

Here are some of the latest specifics regarding distributions per share for several open-end funds managed by Purpose Investments:

Key Funds and Their Distributions

For instance, the Apple Yield Shares Purpose ETF (APLY) will distribute $0.1667 per share, while the Purpose Canadian Financial Income Fund (BNC) will provide $0.1225. Similarly, the Purpose Bitcoin Yield ETF (BTCY) is set to distribute $0.0525, and its non-currency hedged counterpart, BTCY.B, will have a slightly higher distribution of $0.0605.

Closed-End Funds and Their Upcoming Distributions

Turning to the closed-end funds, the Big Banc Split Corp — Class A (BNK) is expected to distribute $0.1200, while the Big Banc Split Corp — Preferred Shares (BNK.PR.A) will distribute $0.0700 per share. Such distributions remain pivotal for those investing in closed-end fund structures.

Estimated Distributions for Cash Management Funds

A focus on liquidity is vital for many investors, and Purpose Investments does not disappoint. The September distributions for Purpose USD Cash Management Fund (MNU.U) are estimated to be around $0.4100 per unit. Additionally, the Purpose US Cash Fund (PSU.U) is poised to distribute approximately $0.4155, demonstrating a solid return for cash management strategies.

Enhancing Client Experience Through Innovation

Purpose Investments is not only focused on distributions; it aims to enhance the overall client experience through innovative financial products. With over $19 billion in assets under management, it prioritizes transparency and accessibility for all its investors.

Further Updates on Distribution Rates

As a reminder, Purpose Investments plans to provide a final update regarding the distribution rates for various funds closer to the ex-distribution date. This ensures that all investors remain well-informed about their investments.

About Purpose Investments Inc.

Established by entrepreneur Som Seif, Purpose Investments aims to deliver better investment solutions through dedication to client-centric innovation. Whether through managed funds or specialized ETFs, Purpose Investments aligns its offerings with the needs of different investors.

Contact Information

For any inquiries, feel free to reach out to Keera Hart at 905-580-1257, or email at Keera.Hart@kaiserpartners.com. Purpose Investments remains committed to customer service and investment success.

Frequently Asked Questions

What are Purpose Investments' key distribution dates in September?

The ex-distribution dates are September 26 for open-end funds and September 27 for closed-end funds.

How much will the Apple Yield Shares Purpose ETF distribute?

The Apple Yield Shares Purpose ETF (APLY) will distribute $0.1667 per share.

Who is the founder of Purpose Investments?

Purpose Investments was founded by entrepreneur Som Seif, focusing on client-centric financial products.

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.

What is the overall goal of Purpose Investments?

The goal of Purpose Investments is to enhance the client experience through innovative and diverse investment solutions.

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