Purpose Investments Inc. Announces Correction to Annual Capital Gain Distribution Rate for Tesla (TSLA) Yield Shares Purpose ETF
21 Diciembre 2023 - 3:40PM
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.
Fund |
Ticker Symbol |
Exchange |
Final Annual Capital Gain Distribution Per
Unit |
Distribution Type(Cash or
Notional) |
Tesla (TSLA) Yield Shares Purpose ETF – ETF Units |
YTSL |
Cboe Canada |
$2.0700 |
Notional Distribution |
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.
For further information please contact:Keera
HartKeera.Hart@kaiserpartners.com905-580-1257
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.
This press release is for information purposes only and does not
constitute an offer to sell or a solicitation to buy the securities
referred to herein. This press release is not for dissemination in
the United States or for distribution to US news wire services.
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