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 Stoneport Advisors Commodity Long Short ETF (SCLS) will be liquidated after its adviser, Tidal Investments, determined that continued operation is no longer advisable. The fund will stop accepting purchases and cease regular trading after June 16, 2026. Between June 16 and June 18, liquidity may be limited as the portfolio is wound down and shifted largely to cash. Remaining shareholders will receive a pro rata cash distribution on or about June 18, 2026, with the liquidation generally treated as a taxable sale that may result in capital gains or losses. The fund will terminate once distributions are completed.
At a glance
- Beat
- Closures
- Region
- United States
- Filed
- 5 June 2026
Source: SEC Filings
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