Latest news with #SomSeif
Globe and Mail
3 days ago
- Business
- Globe and Mail
Purpose Investments Inc. Announces May 2025 Distribution for Purpose Global Bond Fund
TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the May 2025 distribution rate for Purpose Global Bond Fund – ETF Units. The May 2025 distribution for Purpose Global Bond Fund – ETF Units will be paid in June 2025. The following table reflects the final distribution amount for the May 2025 distribution for Purpose Global Bond Fund – ETF Units. Ex-distribution date for the May 2025 distribution is June 3, 2025. Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution Frequency Purpose Global Bond Fund – ETF Units BND $0.0840 06/03/2025 06/06/2025 Monthly About Purpose Investments Inc. Purpose Investments Inc. is an asset management company with more than $24 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 905-580-1257 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.
Yahoo
3 days ago
- Business
- Yahoo
Purpose Investments Inc. Announces May 2025 Distribution for Purpose Global Bond Fund
TORONTO, May 28, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. is pleased to announce the May 2025 distribution rate for Purpose Global Bond Fund – ETF Units. The May 2025 distribution for Purpose Global Bond Fund – ETF Units will be paid in June 2025. The following table reflects the final distribution amount for the May 2025 distribution for Purpose Global Bond Fund – ETF Units. Ex-distribution date for the May 2025 distribution is June 3, 2025. Open-End Fund TickerSymbol Final distributionper unit Record Date Payable Date DistributionFrequency Purpose Global Bond Fund – ETF Units BND $0.0840 06/03/2025 06/06/2025 Monthly About Purpose Investments Inc. Purpose Investments Inc. is an asset management company with more than $24 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 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.
Yahoo
4 days ago
- Business
- Yahoo
Purpose Investments Inc. Announces Final May 2025 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund
TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. announced today the final May 2025 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund. The following table reflects the final distribution amounts for the month of May. Ex-distribution date is May 28, 2025. Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution Frequency Purpose USD Cash Management Fund – ETF Units MNU.U US $0.3531 05/28/2025 06/03/2025 Monthly Purpose Cash Management Fund – ETF Units MNY $0.2373 05/28/2025 06/03/2025 Monthly Purpose High Interest Savings Fund – ETF Units PSA $0.1070 05/28/2025 06/03/2025 Monthly Purpose US Cash Fund – ETF Units PSU.U US $0.3495 05/28/2025 06/03/2025 Monthly About Purpose Investments Inc. Purpose Investments Inc. is an asset management company with more than $23 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 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 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
Steadyhand Announces Unitholder Approval to Change Manager to Purpose Investments
VANCOUVER, British Columbia, May 12, 2025 (GLOBE NEWSWIRE) -- Steadyhand Investment Management Ltd. ('Steadyhand') announced today that it has received unitholder approval to change the manager of the Steadyhand Investment Funds (the 'Funds') to Purpose Investments Inc. ('Purpose Investments'), a wholly owned subsidiary of Purpose Unlimited Inc. ('Purpose'). Specifically, the unitholders approved the change in manager from Steadyhand to Purpose Investments, and the change to the investment objectives of each of the Funds, all as more particularly described in the Notice of Special Meetings of Unitholders and Joint Management Information Circular dated April 7, 2025 (the 'Circular'). 'We're pleased to report that our clients voted overwhelmingly in favour of the changes,' said Tom Bradley, Steadyhand Chair and co-founder. 'This strong endorsement is a testament to the confidence our clients have in the future of Steadyhand and Purpose.' These changes were previously announced by Purpose and Steadyhand on March 24, 2025, in connection with the announcement that Purpose had entered into an agreement to acquire all the issued and outstanding shares of Steadyhand and Steadyhand Investment Funds, Inc. (the 'Transaction'). Voting results for each of the Funds will be available under their respective profiles at The Transaction and changes approved by unitholders are expected to be completed in and around Q2 2025, pending regulatory approvals and customary closing conditions. Additional details regarding the Transaction and the changes affecting the Funds are set out in the Circular and the simplified prospectus and fund facts for the Funds, and amendments thereto, which are available under each Fund's profile at About Purpose Purpose is a growing independent financial services firm on a mission to redefine the industry by putting customers first and delivering innovative solutions that shape the future of finance. Purpose offers cutting-edge technology and a diverse suite of financial products and services to empower Canadians with the tools and advice they need to succeed. Founded and led by entrepreneur Som Seif, the firm's businesses span asset and wealth management and small business financing and include Purpose Investments, Driven by Purpose, Advisor Solutions by Purpose and Longevity. For more information, please visit About Steadyhand Steadyhand is a low-fee investment firm with a mission of providing Canadians with a better investing outcome and a simpler, more personalized experience. It offers clear-cut advice, customized plans, and most importantly, a steady hand, to help investors achieve their financial goals. The firm has approximately $1.3 billion of assets under management with offices in Vancouver and Toronto. For further information, please contact: David ToyneChief Development OfficerSteadyhand Investment Funds Inc. 1-888-888-3147Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-03-2025
- Business
- Yahoo
Purpose Investments Inc. Announces Payouts Relating to the Termination of Purpose Marijuana Opportunities Fund
TORONTO, March 18, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ('Purpose') announced today additional information regarding the termination of Purpose Marijuana Opportunities Fund (the 'Fund'), which was announced on December 27, 2024. On March 14, 2025, Purpose redeemed all of the issued and outstanding ETF shares, Series A shares and Series F shares of Purpose Marijuana Opportunities Fund. The ETF shares of Purpose Marijuana Opportunities Fund were voluntarily delisted from the CBOE Exchange at the close of business on March 12, 2025. Fund securityholders will receive the following amounts on or about March 18, 2025, in connection with the termination of the Fund. No action is required to be taken by securityholders to receive such amounts. Purpose confirms that there are no distributions of income or capital gains included in the redemption amount. Fund Class / Series of share/unit Ticker / FundSERV Redemption Amount (per Share)1 Purpose Marijuana Opportunities Fund ETF Shares MJJ $2.6593 Series A Shares PFC4200 $2.4573 Series F Shares PFC4201 $2.6787 1In Canadian Dollars (CAD) unless stated otherwise. About Purpose Investments Purpose Investments is an asset management company with over $23 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 email us at info@ Media inquiries:Keera Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. The prospectus contains important detailed information about the investment fund. Please read the prospectus before investing. There is no assurance that any fund will achieve its investment objective, and its net asset value, yield, and investment return will fluctuate from time to time with market conditions. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated.
