When does Purpose Cash Management Fund pay distributions?▾
The most recent ex-dividend date was April 28, 2026. The next scheduled dividend payment date is May 4, 2026.
What does Purpose Cash Management Fund invest in?▾
The fund is an actively managed portfolio primarily consisting of high-quality corporate debt instruments, known to be maturing in one year or less. In seeking a high rate of income with capital preservation and maintained liquidity, the fund may also hold, to a lesser degree, other short-term debt obligations of, or guaranteed by, the Canadian governments or their agencies, treasury bills or other short-term debt obligations. Investing in bank-sponsored, asset-backed commercial paper also enables the fund to enhance its yield while maintaining credit quality. It may engage in securities...
