Purpose Investments Inc. Announces Payouts Relating to the Termination of Purpose Marijuana Opportunities Fund

/EIN News/ -- 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@purposeinvest.com

Media inquiries:
Keera Hart
keera.hart@kaiserpartners.com
905-580-1257

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.