Toronto, December 21, 2023 – Purpose Investments Inc. (“Purpose”) today announced a correction to the annual capital gain distribution rate for Tesla (TSLA) Yield Shares Purpose ETF (Cboe Canada: YTSL; the ETF). The press release on December 20, 2023 reported an incorrect distribution rate. The correct distribution rate for the capital gain distribution for the ETF will be $2.0700 per unit.
The notional capital gain distributions will be applied to ETF holders of record as at the close of business on December 22, 2023. The ex-distribution date for the notional capital gain distributions will be December 21, 2023.
About Purpose Investments
Purpose Investments is an asset management company with more than $18 billion 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.
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