Purpose Investments announces March 2025 fund distributions

Purpose Investments Inc. has announced its distribution plans for March 2025 for both open-end and closed-end funds. The ex-distribution date for the open-end funds is set for March 27, while for the closed-end funds it will be March 31. The specific distribution rates for various funds, including the Purpose USD Cash Management Fund and the Purpose Cash Management Fund, will be revealed on or around March 26. Purpose Investments, which manages over $22 billion in assets, is focused on innovative investment solutions for clients. The firm is led by entrepreneur Som Seif and operates under Purpose Unlimited, a technology-driven financial services company. For more information, interested parties can reach out via email. Media inquiries can be directed to Keera Hart at Kaiser Partners.