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 will close and liquidate nine leveraged ETFs: MPL, OKLS, HOOZ, RKTL, DKNX, DRNL, LMNX, and ZETX—eight tickers covering nine targeted exposures/funds as filed, including MP Materials, Oklo, Robinhood, Rocket Companies, DraftKings, drones, Lemonade, and Zeta. The funds will cease regular exchange trading and close to purchases after August 27, 2026, before liquidating on or about September 8. Portfolios will shift toward cash during the wind-down, with remaining shareholders receiving pro rata cash distributions that may have tax consequences.
At a glance
- Beat
- Closures
- Issuer
- Defiance Investments
- Region
- United States
- Filed
- 21 August 2026
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