Purpose Investments Inc. Announces Revised September Distribution for Purpose US Cash Fund


September 22, 2022 5:27 p.m. EDT

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TORONTO, Sept. 22, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. today announced a revised September 2022 distribution for Purpose US Cash Fund (ETF symbol: PSU.U). The September 20, 2022 press release reported a distribution of US$0.2091 per unit. However, due to the US Federal Reserve’s interest rate policy changes announced on September 21, 2022, the distribution for PSU.U has been revised to US$0.2258 per unit. The ex-distribution date, record date and payment dates for distribution remain unchanged.

The following table reflects the revised distribution per unit:

Open fund Stock symbol Breakdown by unit Registration Date Payment date Broadcast frequency
Purpose U.S. Treasury Fund – ETF Units PSU.U $0.2258 09/29/2022 07/10/2022 Monthly

About Purpose Investments Inc.

Purpose Investments is an asset management company with over $13 billion in assets under management. Purpose Investments has a relentless focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by renowned entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-focused financial services company.

For more information, please contact: Keera Hart[email protected]905-580-1257

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There is no guarantee that the full amount of your investment in a fund will be returned to you. If securities are bought or sold on an 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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Source: Purpose Investments Inc.

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