Purpose Investments announces November 2024 fund distributions in Canada

Purpose Investments Inc. has announced its distribution rates for November 2024 for both open-end and closed-end funds. The ex-distribution date for open-end funds is November 27, while closed-end funds will have their ex-distribution date on November 29. The distributions for various funds include monthly payments ranging from $0.0405 to $0.7500 per share/unit. Notable funds include the Apple Yield Shares Purpose ETF and the NVIDIA Yield Shares Purpose ETF, with distributions of $0.1667 and $0.7500, respectively. Additionally, estimated distributions for cash management funds are also set for November 27, with rates expected to be announced on November 26. These funds include the Purpose USD Cash Management Fund and the Purpose High Interest Savings Fund.