Purpose US Cash Fund ETF (TSE:PSU.U) Declares $0.29 Monthly Dividend

Purpose US Cash Fund ETF (TSE:PSU.U) declared a monthly dividend on Friday, June 26th, TickerTech Dividends reports. Shareholders of record on Friday, July 3rd will be paid a dividend of 0.2907 per share on Friday, July 3rd. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, June 26th.

Purpose US Cash Fund ETF Price Performance

PSU.U opened at C$100.28 on Friday. The firm has a 50 day moving average price of C$100.17 and a 200-day moving average price of C$100.16. Purpose US Cash Fund ETF has a twelve month low of C$100.00 and a twelve month high of C$100.38.

Purpose US Cash Fund ETF Company Profile

This section outlines the investment objectives of each fund and the type of securities in which the fund may invest to achieve those investment objectives. A funds investment objectives may include capital preservation generating income capital growth or a combination of the three. Some mutual funds focus on diversification across asset classes while others take a focused investment theme investing in a particular country or sector as their objective. The fund invests primarily in high interest deposit accounts and highquality money market securities denominated in US dollars and generally with term to maturity not exceeding one year.