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…
Qraft AI and Exchange Traded Concepts will liquidate the QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT) following approval by its board and a recommendation from adviser Exchange Traded Concepts. The fund is expected to cease operations on or about July 24, 2026. It will stop accepting new creation unit orders on July 20, with the last day of NYSE Arca trading expected to be July 21. Ahead of liquidation, the portfolio may hold more cash and liquid assets, potentially deviating from its strategy. Remaining shareholders will receive taxable pro rata cash distributions upon liquidation.
Source: SEC Filings
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