Purpose US Cash Fund ETF (TSE:PSU.U) Sets New 1-Year Low – Here’s What Happened

Purpose US Cash Fund ETF (TSE:PSU.UGet Free Report) shares hit a new 52-week low on Thursday . The stock traded as low as C$100.00 and last traded at C$100.00, with a volume of 8813 shares. The stock had previously closed at C$100.27.

Purpose US Cash Fund ETF Trading Down 0.3%

The stock’s fifty day simple moving average is C$100.17 and its 200-day simple moving average is C$100.16.

Purpose US Cash Fund ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, September 2nd will be paid a $0.2811 dividend. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Thursday, August 27th.

Purpose US Cash Fund ETF Company Profile

(Get Free Report)

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.

Further Reading

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