Purpose 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…
The iShares iBonds Oct 2026 Term TIPS ETF (IBIC) will complete its scheduled termination as part of its defined-maturity structure. The ETF’s last trading day on NYSE Arca will be October 15, 2026, with trading suspended and new investments ending October 16. The portfolio will transition largely to cash as the fund winds down, and remaining shareholders are expected to receive their pro rata liquidation proceeds around October 20 based on the October 15 NAV. Investors may sell beforehand, while liquidation or prior sales may generate taxable gains or losses.
Source: SEC Filings
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