Purpose Investments Inc. announced a revision to the March 2023 distribution for Purpose US Cash Fund. The release on March 20, 2023, reported a distribution of $0.4065 per unit. However, in lockstep with the Federal Reserve's decision to increase the interest rate by a quarter-point on March 22, 2023, the yield on the fund increased as well, resulting in a higher distribution amount of $0.4120 per unit.

The ex-distribution date, record date, and payable dates for the distribution remain unchanged. The dividend is payable on April 10, 2023 with record date of March 30, 2023.