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Posted by Purpose Investments on May 29th, 2023

Purpose Investments Inc. Announces Final May 2023 Distribution Rate for Purpose Cash Management Fund and Purpose USD Cash Management Fund

Purpose Investments Inc. announced today the final May 2023 distribution rate for Purpose Cash Management Fund and Purpose USD Cash Management Fund.

The following table reflects the final distribution amounts. The ex-distribution date is May 30, 2023.

Open-End Fund

Ticker Symbol

Final distribution per unit

Record Date

Payable Date

Distribution Frequency

Purpose Cash Management Fund – ETF Units


$ 0.4257




Purpose USD Cash Management Fund – ETF Units


US $ 0.4740




About Purpose Investments Inc.

Purpose Investments Inc. is an asset management company with more than $16 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

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.

Funds mentioned in this story