An anonymous representative of Purpose Investments reports

PURPOSE INVESTMENTS INC. ANNOUNCES MAY 2024 DISTRIBUTIONS

Purpose Investments Inc. has declared distributions for the month of May, 2024, for its open-end exchange-traded funds and closed-end funds.

Commencing in May, 2024, as North American capital markets transition to the T+1 settlement cycle, the distribution ex dividend dates have been updated to fall on the same day as the distribution record dates for the ETF series of open-end Purpose funds. Further, the timeline for distribution payments for ETF series of open-end Purpose funds has been shortened and will be processed four business days after the corresponding distribution record date. The industry-wide transition to the T+1 settlement cycle is expected to reduce counterparty risk and increase overall market efficiency.

Purpose Emerging Markets Dividend Fund, Purpose International Dividend Fund, Purpose International Tactical Hedged Equity Fund as well as Purpose closed-end funds will continue their existing T+2 settlement cycle, and the distribution ex dividend date will remain unchanged for these funds.

The ex distribution date for all open-end funds is May 29, 2024, with the exceptions of Purpose Emerging Markets Dividend and Purpose International Dividend, which will have an ex distribution date of May 28, 2024. The ex distribution date for all closed-end funds is May 30, 2024.

Estimated May, 2024, distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund and Purpose U.S. Cash Fund

The May, 2024, distribution rates for Purpose USD Cash Management, Purpose Cash Management, Purpose High Interest Savings and Purpose U.S. Cash are estimated in an attached table.

Purpose expects to issue a press release on or about May 28, 2024, which will provide the final distribution rates for Purpose USD Cash Management, Purpose Cash Management, Purpose High Interest Savings and Purpose U.S. Cash. The ex distribution date will be May 29, 2024.

About Purpose Investments Inc.

Purpose Investments is an asset management company with more than $19-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.