Purpose Investments Inc. Announces Correction to Record and Ex-Distribution Dates and Distribution Rate for PSU.U
May 20 2022 - 4:24PM
Purpose Investments Inc. (Purpose Investments) today announced
corrections to the May 2022 record date, ex-distribution date, and
distribution rate for Purpose US Cash ETF (TSX: PSU.U; the ETF).
The press release on May 17, 2022, reported an incorrect record
date and ex-distribution date for the ETF of May 30, 2022, and
distribution rate of US$ 0.0834. The correct record date and
ex-distribution date for the ETF will be May 27, 2022, and the
updated distribution rate is US$ 0.0749.
Fund |
Ticker Symbol |
Distribution per share/unit |
Record Date |
Payable Date |
Distribution Frequency |
Purpose US Cash Fund – ETF Units |
PSU.U |
US$ 0.0749 |
05/27/2022 |
06/07/2022 |
Monthly |
About Purpose Investments Inc.
Purpose Investments is an asset management company with
approximately $14 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 HartKeera.Hart@kaiserpartners.com905-580-1257
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.
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