Purpose Investments Announces Temporary Absorption of Series F and Series A Management Fees of Purpose Premium Money Market Fund
TORONTO, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ("Purpose”) announced today that it has temporarily absorbed a portion of the management fees on Series F and Series A shares of Purpose Premium Money Market Fund (the "Fund”). Until Purpose confirms otherwise, the annual management fee payable by investors in Series F shares of the Fund will be 0.20%; the annual management fee for Series A shares will be 0.45%. There are no changes to the investment objective of the Fund. Current shareholders of the Fund are not required...
