Defiance InvestmentsPurpose Investments to Terminate Global Innovators Fund in December
Purpose Investments has announced plans to terminate the Purpose Global Innovators Fund at the close of business on or about December 30, 2026, affecting both…
Defiance Daily Target 2X Long MP ETF (MPL) is being liquidated after adviser Tidal Investments recommended that closure was in shareholders’ best interests. The leveraged ETF stopped accepting purchases and ceased regular NYSE Arca trading after Aug. 27, 2026. During the wind-down, the portfolio will shift toward cash and no longer pursue its stated investment strategy. Remaining shareholders are expected to receive pro rata cash proceeds when the fund liquidates around Sept. 8, after transaction costs. The liquidation may create taxable capital gains or losses for investors.
At a glance
- Beat
- Closures
- Issuer
- Defiance Investments
- Region
- United States
- Filed
- 31 August 2026
Source: SEC Filings
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