Purpose Investments Inc. Announces September 2024 Distributions
September 17 2024 - 7:30PM
Purpose Investments Inc. (“Purpose”) is pleased to announce
distributions for the month of September 2024 for its open-end
exchange traded funds and closed-end funds (“the Funds”).
The ex-distribution date for all Open-End Funds is
September 26, 2024. The ex-distribution date for all closed-end
funds is September 27, 2024.
Open-End Funds |
TickerSymbol |
Distributionpershare/unit |
RecordDate |
PayableDate |
DistributionFrequency |
Apple (AAPL) Yield Shares Purpose ETF - ETF Units |
APLY |
$ 0.1667 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Canadian Financial Income Fund - ETF Series |
BNC |
$ 0.1225¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Global Bond Fund - ETF Units |
BND |
$ 0.0840 |
09/26/2024 |
10/02/2024 |
Monthly |
Berkshire Hathaway (BRK) Yield Shares Purpose ETF - ETF Units |
BRKY |
$ 0.1000 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Bitcoin Yield ETF - ETF Units |
BTCY |
$ 0.0525 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Bitcoin Yield ETF – ETF Non-Currency hedged Units |
BTCY.B |
$ 0.0605 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Bitcoin Yield ETF - ETF USD Units |
BTCY.U |
US $ 0.0510 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Credit Opportunities Fund - ETF Units |
CROP |
$ 0.0875 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Credit Opportunities Fund - ETF USD Units |
CROP.U |
US $ 0.0975 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Ether Yield - ETF Units |
ETHY |
$ 0.0380 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Ether Yield ETF – ETF Non-Currency hedged Units |
ETHY.B |
$ 0.0470 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Ether Yield ETF – ETF Units Non-Currency Hedged USD
Units |
ETHY.U |
US $ 0.0370 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Global Flexible Credit Fund - ETF Units |
FLX |
$ 0.0450 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Global Flexible Credit Fund - Non-Currency Hedged – ETF
Units |
FLX.B |
$ 0.0535 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Global Flexible Credit Fund - Non-Currency Hedged USD – ETF
Units |
FLX.U |
US $ 0.0375 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Global Bond Class - ETF Units |
IGB |
$ 0.0860¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Marijuana Opportunities Fund – ETF Units |
MJJ |
$ 0.01000 |
09/26/2024 |
10/02/2024 |
Quarterly |
Microsoft (MSFT) Yield Shares Purpose ETF - ETF units |
MSFY |
$ 0.1000 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Enhanced Premium Yield Fund - ETF Series |
PAYF |
$ 0.1375¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Active Balanced Fund – ETF Units |
PABF |
$ 0.1650 |
09/26/2024 |
10/02/2024 |
Quarterly |
Purpose Active Conservative Fund – ETF Units |
PACF |
$ 0.1900 |
09/26/2024 |
10/02/2024 |
Quarterly |
Purpose Active Growth Fund – ETF Units |
PAGF |
$ 0.1550 |
09/26/2024 |
10/02/2024 |
Quarterly |
Purpose Total Return Bond Fund - ETF Series |
PBD |
$ 0.0590¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Core Dividend Fund - ETF Series |
PDF |
$ 0.1050¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Enhanced Dividend Fund - ETF Series |
PDIV |
$ 0.0950¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Real Estate Income Fund - ETF Series |
PHR |
$ 0.0720¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose International Tactical Hedged Equity Fund - ETF Series |
PHW |
$ 0.1500¹ |
09/26/2024 |
10/02/2024 |
Quarterly |
Purpose International Dividend Fund - ETF Series |
PID |
$ 0.0780 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Monthly Income Fund - ETF Series |
PIN |
$ 0.0830¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Multi-Asset Income Fund - ETF Units |
PINC |
$ 0.0840 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Diversified Real Asset Fund - ETF Series |
PRA |
$ 0.2100¹ |
09/26/2024 |
10/02/2024 |
Quarterly |
Purpose Conservative Income Fund - ETF Series |
PRP |
$ 0.0600¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Premium Yield Fund - ETF Units |
PYF |
$ 0.1100¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Premium Yield Fund Non-Currency Hedged – ETF Series |
PYF.B |
$ 0.1230¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Premium Yield Fund Non-Currency Hedged – ETF USD
Series |
PYF.U |
US $ 0.1200¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Core Equity Income Fund - ETF Series |
RDE |
$ 0.0875¹ |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Emerging Markets Dividend Fund - ETF Units |
REM |
$ 0.0950 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Canadian Preferred Share Fund - ETF Units |
RPS |
$ 0.0950 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose US Preferred Share Fund - ETF Series |
RPU |
$ 0.0940 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose US Preferred Share Fund Non-Currency Hedged – ETF
Units² |
RPU.B / RPU.U |
$ 0.0940 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Strategic Yield Fund - ETF Units |
SYLD |
$ 0.0970 |
09/26/2024 |
10/02/2024 |
Monthly |
Amazon (AMZN) Yield Shares Purpose ETF- ETF Units |
YAMZ |
$ 0.3500 |
09/26/2024 |
10/02/2024 |
Monthly |
Alphabet (GOOGL) Yield Shares Purpose ETF - ETF Units |
YGOG |
$ 0.2000 |
09/26/2024 |
10/02/2024 |
Monthly |
NVIDIA (NVDA) Yield Shares Purpose ETF - ETF Units |
YNVD |
$ 0.7500 |
09/26/2024 |
10/02/2024 |
Monthly |
Tesla (TSLA) Yield Shares Purpose ETF - ETF Units |
YTSL |
$ 0.3000 |
09/26/2024 |
10/02/2024 |
Monthly |
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Closed-End Funds |
TickerSymbol |
Distributionpershare/unit |
RecordDate |
PayableDate |
DistributionFrequency |
Big Banc Split Corp – Class A |
BNK |
$ 0.1200¹ |
09/27/2024 |
10/15/2024 |
Monthly |
Big Banc Split Corp – Preferred Shares |
BNK.PR.A |
$ 0.0700¹ |
09/27/2024 |
10/15/2024 |
Monthly |
Estimated September 2024 Distributions
for Purpose USD Cash Management Fund, Purpose Cash Management
Fund, Purpose High Interest Savings Fund, and Purpose US Cash
Fund
The September 2024 distribution rates for Purpose
USD Cash Management Fund, Purpose Cash Management Fund, Purpose
High Interest Savings Fund, and Purpose US Cash Fund are estimated
to be as follows:
Fund Name |
TickerSymbol |
EstimatedDistributionper unit |
RecordDate |
PayableDate |
DistributionFrequency |
Purpose USD Cash Management Fund - ETF Units |
MNU.U |
US $ 0.4100 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose Cash Management Fund - ETF Units |
MNY |
$ 0.3580 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose High Interest Savings Fund - ETF Units |
PSA |
$ 0.1665 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose US Cash Fund - ETF Units |
PSU.U |
US $ 0.4155 |
09/26/2024 |
10/02/2024 |
Monthly |
Purpose expects to issue a press release on or
about September 25, 2024, which will provide the final distribution
rate for Purpose USD Cash Management Fund, Purpose Cash Management
Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund.
The ex-distribution date will be September 26, 2024.
(1) Dividend is designated as
an “eligible” Canadian dividend for purposes of the Income Tax Act
(Canada) and any similar provincial and territorial
legislation.(2) Purpose US Preferred Share Fund Non-Currency
Hedged – ETF Units have both a CAD and USD purchase option.
Distribution per unit is declared in CAD, however, the USD purchase
option (RPU.U) distribution will be made in the USD equivalent.
Conversion into USD will use the end-of-day foreign exchange rate
prevailing on the ex-distribution date.
About Purpose Investments
Inc.
Purpose Investments is an asset management
company with more than $19 billion in assets under management.
Purpose Investments has an unrelenting focus on client-centric
innovation and offers a range of managed and quantitative
investment products. Purpose Investments is led by well-known
entrepreneur Som Seif and is a division of Purpose Unlimited, an
independent technology-driven financial services company.
For further information please contact: Keera Hart
Keera.Hart@kaiserpartners.com 905-580-1257
Commissions, trailing commissions, management fees
and expenses all may be associated with investment fund
investments. Please read the prospectus and other disclosure
documents before investing. Investment funds are not covered by the
Canada Deposit Insurance Corporation or any other government
deposit insurer. There can be no assurance that the full amount of
your investment in a fund will be returned to you. If the
securities are purchased or sold on a stock exchange, you may pay
more or receive less than the current net asset value. Investment
funds are not guaranteed, their values change frequently and past
performance may not be repeated.