Latest news with #Enhanced
Barnama
2 days ago
- Business
- Barnama
NMB and CIMA Formalise Strategic Partnership to Develop Malaysia's First Low-carbon, Graphene-enhanced Concrete
KUALA LUMPUR, June 19 (Bernama) -- NMB (NanoMalaysia Berhad), a CLBG under the Ministry of Science, Technology and Innovation (MOSTI), and Cement Industries of Malaysia Berhad (CIMA), a wholly-owned subsidiary of UEM Group Berhad, today announced the signing of a strategic partnership to drive the development of Graphene Enhanced Concrete – a groundbreaking sustainable building material locking in solid carbon derived from greenhouse gas atmospheric emission, aimed at transforming Malaysia's construction industry by addressing critical environmental and performance challenges. This partnership aims to pioneer the integration of nanotechnology into the construction industry, focusing on delivering concrete solutions that not only meet but exceed all key technical performance criteria. By advancing innovation in materials science, it is foreseen that the development of a new generation of green and sustainable concrete will be designed to support long-term environmental goals while elevating industry standards.
Yahoo
3 days ago
- Business
- Yahoo
Purpose Investments Inc. Announces June 2025 Distributions
TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ('Purpose') is pleased to announce distributions for the month of June 2025 for its open-end exchange traded funds and closed-end funds ('the Funds'). The ex-distribution date for all Open-End Funds is June 26, 2025. The ex-distribution date for all closed-end funds is June 30, 2025. Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Apple (AAPL) Yield Shares Purpose ETF - ETF Units APLY $0.1667 06/26/2025 07/03/2025 Monthly Purpose Canadian Financial Income Fund - ETF Series BNC $0.1225¹ 06/26/2025 07/03/2025 Monthly Purpose Global Bond Fund - ETF Units BND $0.0866 06/26/2025 07/03/2025 Monthly Berkshire Hathaway (BRK) Yield Shares Purpose ETF - ETF Units BRKY $0.1000 06/26/2025 07/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF Units BTCY $0.0850 06/26/2025 07/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF Non-Currency Hedged Units BTCY.B $0.0970 06/26/2025 07/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF USD Units BTCY.U US $0.0815 06/26/2025 07/03/2025 Monthly Purpose Credit Opportunities Fund - ETF Units CROP $0.0875 06/26/2025 07/03/2025 Monthly Purpose Credit Opportunities Fund - ETF USD Units CROP.U US $0.0975 06/26/2025 07/03/2025 Monthly Purpose Ether Yield - ETF Units ETHY $0.0405 06/26/2025 07/03/2025 Monthly Purpose Ether Yield ETF - ETF Non-Currency Hedged Units ETHY.B $0.0500 06/26/2025 07/03/2025 Monthly Purpose Ether Yield ETF - ETF Units Non-Currency Hedged USD Units ETHY.U US $0.0395 06/26/2025 07/03/2025 Monthly Purpose Global Flexible Credit Fund - ETF Units FLX $0.0461 06/26/2025 07/03/2025 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged - ETF Units FLX.B $0.0551 06/26/2025 07/03/2025 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged USD - ETF Units FLX.U US $0.0385 06/26/2025 07/03/2025 Monthly Purpose Global Bond Class - ETF Units IGB $0.0860¹ 06/26/2025 07/03/2025 Monthly Microsoft (MSFT) Yield Shares Purpose ETF - ETF units MSFY $0.1300 06/26/2025 07/03/2025 Monthly Purpose Active Balanced Fund - ETF Units PABF $0.1650 06/26/2025 07/03/2025 Quarterly Purpose Active Conservative Fund - ETF Units PACF $0.1900 06/26/2025 07/03/2025 Quarterly Purpose Active Growth Fund - ETF Units PAGF $0.1550 06/26/2025 07/03/2025 Quarterly Purpose Enhanced Premium Yield Fund - ETF Series PAYF $0.1375¹ 06/26/2025 07/03/2025 Monthly Purpose Total Return Bond Fund - ETF Series PBD $0.0590¹ 06/26/2025 07/03/2025 Monthly Purpose Core Dividend Fund - ETF Series PDF $0.1050¹ 06/26/2025 07/03/2025 Monthly Purpose Enhanced Dividend Fund - ETF Series PDIV $0.0950¹ 06/26/2025 07/03/2025 Monthly Purpose Real Estate Income Fund - ETF Series PHR $0.0720¹ 06/26/2025 07/03/2025 Monthly Purpose International Tactical Hedged Equity Fund - ETF Series PHW $0.1500 06/26/2025 07/03/2025 Quarterly Purpose International Dividend Fund - ETF Series PID $0.0780 06/26/2025 07/03/2025 Monthly Purpose Monthly Income Fund - ETF Series PIN $0.0830¹ 06/26/2025 07/03/2025 Monthly Purpose Multi-Asset Income Fund - ETF Units PINC $0.0840 06/26/2025 07/03/2025 Monthly Purpose Diversified Real Asset Fund - ETF Series PRA $0.2100 06/26/2025 07/03/2025 Quarterly Purpose Conservative Income Fund - ETF Series PRP $0.0600¹ 06/26/2025 07/03/2025 Monthly Purpose Premium Yield Fund - ETF Series PYF $0.1100¹ 06/26/2025 07/03/2025 Monthly Purpose Premium Yield Fund Non-Currency Hedged - ETF Series PYF.B $0.1230¹ 06/26/2025 07/03/2025 Monthly Purpose Premium Yield Fund Non-Currency Hedged - ETF USD Series PYF.U US $0.1200¹ 06/26/2025 07/03/2025 Monthly Purpose Core Equity Income Fund - ETF Series RDE $0.0875¹ 06/26/2025 07/03/2025 Monthly Purpose Emerging Markets Dividend Fund - ETF Units REM $0.0950 06/26/2025 07/03/2025 Monthly Purpose Canadian Preferred Share Fund - ETF Units RPS $0.0950 06/26/2025 07/03/2025 Monthly Purpose US Preferred Share Fund - ETF Series RPU $0.0940 06/26/2025 07/03/2025 Monthly Purpose US Preferred Share Fund Non-Currency Hedged - ETF Units2 RPU.B / RPU.U $0.0940 06/26/2025 07/03/2025 Monthly Purpose Strategic Yield Fund - ETF Units SYLD $0.0970 06/26/2025 07/03/2025 Monthly AMD (AMD) Yield Shares Purpose ETF - ETF Series YAMD $0.2500 06/26/2025 07/03/2025 Monthly Amazon (AMZN) Yield Shares Purpose ETF- ETF Units YAMZ $0.4000 06/26/2025 07/03/2025 Monthly Broadcom (AVGO) Yield Shares Purpose ETF - ETF Series YAVG $0.1800 06/26/2025 07/03/2025 Monthly Coinbase (COIN) Yield Shares Purpose ETF - ETF Series YCON $0.3000 06/26/2025 07/03/2025 Monthly Costco (COST) Yield Shares Purpose ETF - ETF Series YCST $0.1200 06/26/2025 07/03/2025 Monthly Alphabet (GOOGL) Yield Shares Purpose ETF - ETF Units YGOG $0.2500 06/26/2025 07/03/2025 Monthly Tech Innovators Yield Shares Purpose ETF - ETF Series YMAG $0.2000 06/26/2025 07/03/2025 Monthly META (META) Yield Shares Purpose ETF - ETF Series YMET $0.2400 06/26/2025 07/03/2025 Monthly Netflix (NFLX) Yield Shares Purpose ETF - ETF Series YNET $0.1500 06/26/2025 07/03/2025 Monthly NVIDIA (NVDA) Yield Shares Purpose ETF - ETF Units YNVD $0.7500 06/26/2025 07/03/2025 Monthly Palantir (PLTR) Yield Shares Purpose ETF - ETF Series YPLT $0.2500 06/26/2025 07/03/2025 Monthly Tesla (TSLA) Yield Shares Purpose ETF - ETF Units YTSL $0.5500 06/26/2025 07/03/2025 Monthly UnitedHealth Group (UHN) Yield Shares Purpose ETF - ETF Series YUNH $0.1100 06/26/2025 07/03/2025 Monthly Closed-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Big Banc Split Corp, Class A BNK $0.1200¹ 06/30/2025 07/14/2025 Monthly Big Banc Split Corp - Preferred Shares $0.0700¹ 06/30/2025 07/14/2025 Monthly Estimated June 2025 Distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund The June 2025 distribution rates for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund are estimated to be as follows: Fund Name Ticker Symbol Estimated Distribution per unit Record Date Payable Date Distribution Frequency Purpose USD Cash Management Fund - ETF Units MNU.U US $0.3405 06/26/2025 07/03/2025 Monthly Purpose Cash Management Fund - ETF Units MNY $0.2175 06/26/2025 07/03/2025 Monthly Purpose High Interest Savings Fund - ETF Units PSA $0.1030 06/26/2025 07/03/2025 Monthly Purpose US Cash Fund - ETF Units PSU.U US $0.3375 06/26/2025 07/03/2025 Monthly Purpose expects to issue a press release on or about June 25, 2025, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund. The ex-distribution date will be June 26, 2025. Dividend is designated as an 'eligible' Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation. Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date. About Purpose Investments Inc. Purpose Investments is an asset management company with more than $21 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. For further information please contact:Keera Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be in to access your portfolio
Yahoo
4 days ago
- Politics
- Yahoo
Enhanced Games push PEDs and target world records in Olympic sports. But what cost?
The first global sports body to push back against Enhanced Games is World Aquatics, which passed a rule banning any swimmer who supports the Enhanced Games from representing their country again. (Maddie Meyer / Getty Images) "The Future of Sports Is Here: We are on a mission to redefine superhumanity through science, innovation and sports." An unabashedly ambitious goal, or at least choice of words. Yet "redefining superhumanity" isn't enough for the Enhanced Games, a start-up that plans to hold an Olympic-style competition next year in Las Vegas. Advertisement The venture also seeks to "reinvent sports with science." Translation: Not just allow performance-enhancing drugs (PEDs), not just encourage their use, but celebrate their use. Or, in the juice-flecked hyperbole of Enhanced Games copywriters, "We are pioneering a new era in athletic competition that embraces scientific advancements to push the boundaries of human performance." Breaking a world record in track or swimming sprint events will trigger a $1 million payout to the athlete, one of several performance bonuses promised by Enhanced. Where will the money come from? Investors reportedly include conservative billionaire Peter Thiel, Saudi prince Khaled bin Alwaleed Al Saud, and Donald Trump Jr. From the audacity of the message to the deep pockets funding the venture to the athletes tempted by the prospect of making big money and setting world records, the Enhanced Games are worth a closer look. Advertisement Read more: L.A. Olympic organizers confident they will cover estimated $7.1 billion cost of Games Why are the Enhanced Games in the news? World Anti-Doping Agency (WADA) president Witold Banka sounded an alarm last week at a meeting of Summer Olympics sports leaders, warning that the Enhanced Games pose a threat to all that's hallowed and decent in global sport. "This initiative seeks to normalize the use of potentially dangerous drugs," Banka said. "For the sake of athlete health and the purity of sport, of course, it must be stopped. "As the 2028 Olympic Games in Los Angeles approach, we cannot allow what should be a celebration of honest sporting endeavor to be overshadowed by this cynical attempt to undermine clean sport. We will urge the U.S. authorities to find legal ways to block this initiative.' Witold Banka, president of the World Anti-Doping Agency (WADA), attends a press conference at the 2024 Summer Olympics on July 25, 2024, in Paris. (Michel Euler / Associated Press) Banka's warning prompted eye-rolling in some quarters. The Senate committee on Consumer Protection, Technology and Data Privacy will hold a hearing Tuesday titled 'WADA Shame: Swimming in Denial Over Chinese Doping.' Advertisement WADA refused to investigate claims of 23 Chinese swimmers testing positive for a PED before the Tokyo Olympics. With the LA Games in 2028 and Salt Lake City Games in 2034 looming, the Senate committee also plans to address claims that inconsistent enforcement by WADA has resulted in unfair competitions impacting American athletes. USADA chief executive Travis Tygart accused Banka of mentioning the Enhanced Games to distract from the upcoming Senate hearing, telling the Associated Press, "Banka's indignation equals his misinformation or ignorance about how free democratic societies and markets work.' Read more: Lopez: Three years away from the Olympics, L.A. is tripping over hurdles and trying to play catchup That doesn't mean Tygart is A-OK with an endeavor that encourages the use of PEDs and the resulting tainted accomplishments. Advertisement "As we have repeatedly said, for all of the obvious reasons, the Enhanced Games or any other open competition is a bad idea," Tygart said in comments emailed to Agence France-Presse. 'If he really wants to ask U.S. authorities to do something, he should show up and ask the Senate to do something." The first global sports body to push back is World Aquatics, which passed a rule two weeks ago that bans any swimmer who supports the Enhanced Games — even if they've never competed — from representing their country again. Former Olympic athlete Michael Phelps, (from left) Travis Tygart, CEO of the U.S. Anti-Doping Agency, and former Olympic athlete Allison Schmitt are sworn in during an Oversight and Investigations Subcommittee hearing on Capitol Hill on June 25, 2024. (Nathan Howard / Getty Images) The rule applies to those who 'support, endorse, or participate in sporting events that embrace the use of scientific advancements or other practices that may include prohibited substances and/or prohibited methods,' a World Aquatics statement said. When and where will the Enhanced Games take place? The Enhanced Games will take aim at world records in swimming, weightlifting and track at Resorts World in Las Vegas on Memorial Day Weekend, 2026. Advertisement Scheduled swimming events are the 50-meter and 100-meter freestyle, and the 50-meter and 100-meter butterfly. Weightlifting will include the snatch and the clean & jerk. Track events will include the 100-meter dash and the 110-meter hurdles. Chef Ray Garcia's restaurant, ¡Viva!, located inside the Resorts World Las Vegas on Thursday, June 24, 2021. (Mariah Tauger/Los Angeles Times) Each event will carry a prize purse of $500,000, with $250,000 awarded to each winner. In addition, bonuses will be paid for world records, including $1 million for records in the 100-meter sprint and 50-meter freestyle, which the Enhanced Games website describes as "the two definitive tests of raw human speed." The Enhanced Games will take place within the resort. The competition complex features a four-lane pool, a six-lane sprint track and a weightlifting stage. Advertisement Read more: Rams players and coaches like the idea of competing in flag football at L.A. Olympics Who came up with this and why? The founder and president of the Enhanced Games is Aron D'Souza, an Australian entrepreneur. D'Souza has been on a crusade to create an alternative to the Olympic Games, which he believes don't compensate athletes fairly. He advocates for the use of PEDs, arguing that athletes should have the freedom to make choices about their own bodies and that WADA acts as an "anti-science police force" for the International Olympic Committee. Previously, D'Souza led Thiel's litigation against Gawker Media involving the wrestler Hulk Hogan, which resulted in one of the largest invasion of privacy judgments in history, and is the subject of the book "Conspiracy" by author Ryan Holiday. Advertisement D'Souza is the founder of Sargon, a technology infrastructure company in Australia, New Zealand and Hong Kong. He sold his stake in the company in 2018. (L-R) Amy Chua and Peter Thiel attend Inauguration Eve hosted by Uber, X and The Free Press at Cafe Riggs on January 19, 2025 in Washington, DC. (Leigh Vogel / Getty Images for Uber, X and The Free Press) The extent to which billionaire investors, such as Thiel, Alwaleed Al Saud and Trump Jr., will fund the Enhanced Games is unclear. Money isn't a problem, if statements on the event's website are believed: "We are backed by some of the world's most successful venture capitalists, allowing us to operate independently without government and taxpayer funding." D'Souza told the Associated Press that Trump Jr.'s group, called 1789 Capital, is bringing 'double digit millions' to the Enhanced Games. Trump Jr. made a video trumpeting his partnership, that includes an appearance by his father, President Trump. Advertisement Trump Jr., in a statement accompanying the announcement of the funding, said: 'This is about excellence, innovation, and American dominance on the world stage — something the MAGA movement is all about.' D'Souza is thrilled by the backing of America's first family and other moneyed interests. 'To know that some of the most significant figures in American social and political life support the Enhanced Games is more important to us than any investment,' he said on a video call in February. 'I've had the great fortune of working alongside many members of the administration and other prominent figures of the Trump movement over the years, so it's a very natural fit.' D'Souza and his team express lofty goals beyond juicing athletes, setting records and paying race winners. Last week, D'Souza posted as much on LinkedIn: Advertisement "This isn't just about enhancement. It's about economic freedom. About athletes having a choice. About breaking the monopoly that old institutions hold over human performance. "At the Enhanced Games, we are unapologetic: We're not backing down. We will fight — in the courts, in the public square, and in the arena of ideas — for every athlete who's been silenced, underpaid, or discarded." Read more: Congressional leaders call for streamlined visa process ahead of World Cup, L.A. Olympics Why are performance-enhancing drugs forbidden anyway? The list of health risks associated with taking anabolic steroids — which have no medical use approved by the U.S. government — is long and frightening: Advertisement Men may see their breasts and prostate gland grow and their testicles shrink. Women may get a deeper voice, grow body hair and lose hair on their head. Both men and women might tear tendons or develop liver tumors, severe acne, elevated blood pressure, heart problems, issues with anger and depression. The Enhanced Games say the competition will be under the supervision of a medical team, but by the time the games begin, damage from taking PEDs may have already developed. "Protecting athletes is our top priority," the Enhanced Games website proclaims. "Every competitor will undergo rigorous, state-of-the-art medical profiling before participating in the competition." How has the global sports community reacted? The first athlete to show results from using the Enhanced Games PEDs regimen is Kristian Gkolomeev, a Greek swimmer who never medaled in four Olympics. Advertisement In February, Gkolomeev swam two-hundredths of a second faster than the 50-meter freestyle world record with a time of 20.89. He wore an inline full-body open water suit that is prohibited by World Aquatics. "I'm kind of like the driver in the car, but I need the team behind me," Gkolomeev said during an Enhanced Games promotional event last month in Las Vegas. Greece's Kristian Gkolomeev competes in the Swimming Men's 50m Freestyle Semifinal 1 during the LEN European Aquatics Championships, at the Milan Gale Muskatirovic sports centre in Belgrade, on June 22, 2024. (Andrej Isakovic / AFP via Getty Images) Many believe that breaking records under the influence of PEDs is meaningless. Paul Ifrim, a Romanian Luger who finished 20th at the 2010 Winter Olympics, responded to D'Souza's LinkedIn post with this comment: "I earned my place at the Olympics through hard, clean work and unwavering dedication over the course of many years. Integrity, fair play, respect, and perseverance are what inspire and shape true athletes. Your argument for 'enhancing' drugs, viewed as 'athlete compensation,' is a disgrace to those principles. Advertisement "What message are we sending young, aspiring athletes? That cheating and cutting corners is a valid path to success? These are pathetic excuses for undermining the true spirit of competition. You're delusional for promoting this agenda. True athletes rise through grit and honor, not shortcuts and hypocrisy." Tygart, the CEO of USADA, had a similar reaction: "While those behind the Enhanced Games might be looking to make a quick buck, that profit would come at the expense of kids across the world thinking they need to dope to chase their dreams. We desperately wish this investment was being made in the athletes who are currently training and competing the real and safe way. "They are the role models this world so desperately needs and they are the ones who deserve our support — not some dangerous clown show that puts profit over principle.' A counterpoint was published last summer by anti-doping expert Michael Ashenden, who helped create the athlete blood passport system and develop a test for the blood-boosting drug Erythropoietin (EPO). Advertisement Initially opposed to the Enhanced Games, Ashenden changed his mind, writing that the failures of WADA to combat doping in the Olympics make an alternative viable. "Today I advocate for the concept of an Enhanced Games to co-exist with the Olympic Movement, provided their athletes do nothing illegal," Ashenden wrote. 'I realized that not following the WADA rules was not so radical after all....' "I acknowledge that by offering incentives for record performances, the Enhanced Games are tacitly encouraging the use of performance-enhancing substances. But by offering a gold medal, the Olympic Movement also incentivizes the use of performance-enhancing substances.... "Although it may be a bitter pill for the Olympic Movement, it was foreseeable that the commercialization of sport under their stewardship would create an environment that seeded a corporate disruptor." Get the best, most interesting and strangest stories of the day from the L.A. sports scene and beyond from our newsletter The Sports Report. This story originally appeared in Los Angeles Times.
Los Angeles Times
4 days ago
- Politics
- Los Angeles Times
Enhanced Games push PEDs and target world records in Olympic sports. But what cost?
'The Future of Sports Is Here: We are on a mission to redefine superhumanity through science, innovation and sports.' An unabashedly ambitious goal, or at least choice of words. Yet 'redefining superhumanity' isn't enough for the Enhanced Games, a start-up that plans to hold an Olympic-style competition next year in Las Vegas. The venture also seeks to 'reinvent sports with science.' Translation: Not just allow performance-enhancing drugs (PEDs), not just encourage their use, but celebrate their use. Or, in the juice-flecked hyperbole of Enhanced Games copywriters, 'We are pioneering a new era in athletic competition that embraces scientific advancements to push the boundaries of human performance.' Breaking a world record in track or swimming sprint events will trigger a $1 million payout to the athlete, one of several performance bonuses promised by Enhanced. Where will the money come from? Investors reportedly include conservative billionaire Peter Thiel, Saudi prince Khaled bin Alwaleed Al Saud, and Donald Trump the audacity of the message to the deep pockets funding the venture to the athletes tempted by the prospect of making big money and setting world records, the Enhanced Games are worth a closer look. World Anti-Doping Agency (WADA) president Witold Banka sounded an alarm last week at a meeting of Summer Olympics sports leaders, warning that the Enhanced Games pose a threat to all that's hallowed and decent in global sport. 'This initiative seeks to normalize the use of potentially dangerous drugs,' Banka said. 'For the sake of athlete health and the purity of sport, of course, it must be stopped. 'As the 2028 Olympic Games in Los Angeles approach, we cannot allow what should be a celebration of honest sporting endeavor to be overshadowed by this cynical attempt to undermine clean sport. We will urge the U.S. authorities to find legal ways to block this initiative.' Banka's warning prompted eye-rolling in some quarters. The Senate committee on Consumer Protection, Technology and Data Privacy will hold a hearing Tuesday titled 'WADA Shame: Swimming in Denial Over Chinese Doping.' WADA refused to investigate claims of 23 Chinese swimmers testing positive for a PED before the Tokyo Olympics. With the LA Games in 2028 and Salt Lake City Games in 2034 looming, the Senate committee also plans to address claims that inconsistent enforcement by WADA has resulted in unfair competitions impacting American athletes. USADA chief executive Travis Tygart accused Banka of mentioning the Enhanced Games to distract from the upcoming Senate hearing, telling the Associated Press, 'Banka's indignation equals his misinformation or ignorance about how free democratic societies and markets work.' That doesn't mean Tygart is A-OK with an endeavor that encourages the use of PEDs and the resulting tainted accomplishments. 'As we have repeatedly said, for all of the obvious reasons, the Enhanced Games or any other open competition is a bad idea,' Tygart said in comments emailed to Agence France-Presse. 'If he really wants to ask U.S. authorities to do something, he should show up and ask the Senate to do something.' The first global sports body to push back is World Aquatics, which passed a rule two weeks ago that bans any swimmer who supports the Enhanced Games — even if they've never competed — from representing their country again. The rule applies to those who 'support, endorse, or participate in sporting events that embrace the use of scientific advancements or other practices that may include prohibited substances and/or prohibited methods,' a World Aquatics statement said. The Enhanced Games will take aim at world records in swimming, weightlifting and track at Resorts World in Las Vegas on Memorial Day Weekend, 2026. Scheduled swimming events are the 50-meter and 100-meter freestyle, and the 50-meter and 100-meter butterfly. Weightlifting will include the snatch and the clean & jerk. Track events will include the 100-meter dash and the 110-meter hurdles. Each event will carry a prize purse of $500,000, with $250,000 awarded to each winner. In addition, bonuses will be paid for world records, including $1 million for records in the 100-meter sprint and 50-meter freestyle, which the Enhanced Games website describes as 'the two definitive tests of raw human speed.' The Enhanced Games will take place within the resort. The competition complex features a four-lane pool, a six-lane sprint track and a weightlifting stage. The founder and president of the Enhanced Games is Aron D'Souza, an Australian entrepreneur. D'Souza has been on a crusade to create an alternative to the Olympic Games, which he believes don't compensate athletes fairly. He advocates for the use of PEDs, arguing that athletes should have the freedom to make choices about their own bodies and that WADA acts as an 'anti-science police force' for the International Olympic Committee. Previously, D'Souza led Thiel's litigation against Gawker Media involving the wrestler Hulk Hogan, which resulted in one of the largest invasion of privacy judgments in history, and is the subject of the book 'Conspiracy' by author Ryan Holiday. D'Souza is the founder of Sargon, a technology infrastructure company in Australia, New Zealand and Hong Kong. He sold his stake in the company in 2018. The extent to which billionaire investors, such as Thiel, Alwaleed Al Saud and Trump Jr., will fund the Enhanced Games is unclear. Money isn't a problem, if statements on the event's website are believed: 'We are backed by some of the world's most successful venture capitalists, allowing us to operate independently without government and taxpayer funding.' D'Souza told the Associated Press that Trump Jr.'s group, called 1789 Capital, is bringing 'double digit millions' to the Enhanced Games. Trump Jr. made a video trumpeting his partnership, that includes an appearance by his father, President Trump. Trump Jr., in a statement accompanying the announcement of the funding, said: 'This is about excellence, innovation, and American dominance on the world stage — something the MAGA movement is all about.' D'Souza is thrilled by the backing of America's first family and other moneyed interests. 'To know that some of the most significant figures in American social and political life support the Enhanced Games is more important to us than any investment,' he said on a video call in February. 'I've had the great fortune of working alongside many members of the administration and other prominent figures of the Trump movement over the years, so it's a very natural fit.' D'Souza and his team express lofty goals beyond juicing athletes, setting records and paying race winners. Last week, D'Souza posted as much on LinkedIn: 'This isn't just about enhancement. It's about economic freedom. About athletes having a choice. About breaking the monopoly that old institutions hold over human performance. 'At the Enhanced Games, we are unapologetic: We're not backing down. We will fight — in the courts, in the public square, and in the arena of ideas — for every athlete who's been silenced, underpaid, or discarded.' The list of health risks associated with taking anabolic steroids — which have no medical use approved by the U.S. government — is long and frightening: Men may see their breasts and prostate gland grow and their testicles shrink. Women may get a deeper voice, grow body hair and lose hair on their head. Both men and women might tear tendons or develop liver tumors, severe acne, elevated blood pressure, heart problems, issues with anger and depression. The Enhanced Games say the competition will be under the supervision of a medical team, but by the time the games begin, damage from taking PEDs may have already developed. 'Protecting athletes is our top priority,' the Enhanced Games website proclaims. 'Every competitor will undergo rigorous, state-of-the-art medical profiling before participating in the competition.' The first athlete to show results from using the Enhanced Games PEDs regimen is Kristian Gkolomeev, a Greek swimmer who never medaled in four Olympics. In February, Gkolomeev swam two-hundredths of a second faster than the 50-meter freestyle world record with a time of 20.89. He wore an inline full-body open water suit that is prohibited by World Aquatics. 'I'm kind of like the driver in the car, but I need the team behind me,' Gkolomeev said during an Enhanced Games promotional event last month in Las Vegas. Many believe that breaking records under the influence of PEDs is meaningless. Paul Ifrim, a Romanian Luger who finished 20th at the 2010 Winter Olympics, responded to D'Souza's LinkedIn post with this comment: 'I earned my place at the Olympics through hard, clean work and unwavering dedication over the course of many years. Integrity, fair play, respect, and perseverance are what inspire and shape true athletes. Your argument for 'enhancing' drugs, viewed as 'athlete compensation,' is a disgrace to those principles. 'What message are we sending young, aspiring athletes? That cheating and cutting corners is a valid path to success? These are pathetic excuses for undermining the true spirit of competition. You're delusional for promoting this agenda. True athletes rise through grit and honor, not shortcuts and hypocrisy.' Tygart, the CEO of USADA, had a similar reaction: 'While those behind the Enhanced Games might be looking to make a quick buck, that profit would come at the expense of kids across the world thinking they need to dope to chase their dreams. We desperately wish this investment was being made in the athletes who are currently training and competing the real and safe way. 'They are the role models this world so desperately needs and they are the ones who deserve our support — not some dangerous clown show that puts profit over principle.' A counterpoint was published last summer by anti-doping expert Michael Ashenden, who helped create the athlete blood passport system and develop a test for the blood-boosting drug Erythropoietin (EPO). Initially opposed to the Enhanced Games, Ashenden changed his mind, writing that the failures of WADA to combat doping in the Olympics make an alternative viable. 'Today I advocate for the concept of an Enhanced Games to co-exist with the Olympic Movement, provided their athletes do nothing illegal,' Ashenden wrote. 'I realized that not following the WADA rules was not so radical after all....' 'I acknowledge that by offering incentives for record performances, the Enhanced Games are tacitly encouraging the use of performance-enhancing substances. But by offering a gold medal, the Olympic Movement also incentivizes the use of performance-enhancing substances.... 'Although it may be a bitter pill for the Olympic Movement, it was foreseeable that the commercialization of sport under their stewardship would create an environment that seeded a corporate disruptor.'
Yahoo
27-05-2025
- Business
- Yahoo
Purpose Investments Inc. Announces May 2025 Distributions
TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ('Purpose') is pleased to announce distributions for the month of May 2025 for its open-end exchange traded funds and closed-end funds ('the Funds'). The ex-distribution date for all Open-End Funds is May 28, 2025. The ex-distribution date for all closed-end funds is May 30, 2025. Open-End Funds TickerSymbol Distributionper share/unit RecordDate PayableDate DistributionFrequency Apple (AAPL) Yield Shares Purpose ETF - ETF Units APLY $0.1667 05/28/2025 06/03/2025 Monthly Purpose Canadian Financial Income Fund - ETF Series BNC $0.1225¹ 05/28/2025 06/03/2025 Monthly Berkshire Hathaway (BRK) Yield Shares Purpose ETF - ETF Units BRKY $0.1000 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF Units BTCY $0.0850 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF Non-Currency Hedged Units BTCY.B $0.0970 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF USD Units BTCY.U US $0.0815 05/28/2025 06/03/2025 Monthly Purpose Credit Opportunities Fund - ETF Units CROP $0.0875 05/28/2025 06/03/2025 Monthly Purpose Credit Opportunities Fund - ETF USD Units CROP.U US $0.0975 05/28/2025 06/03/2025 Monthly Purpose Ether Yield - ETF Units ETHY $0.0405 05/28/2025 06/03/2025 Monthly Purpose Ether Yield ETF - ETF Non-Currency Hedged Units ETHY.B $0.0500 05/28/2025 06/03/2025 Monthly Purpose Ether Yield ETF - ETF Units Non-Currency Hedged USD Units ETHY.U US $0.0395 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - ETF Units FLX $0.0461 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged - ETF Units FLX.B $0.0551 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged USD - ETF Units FLX.U US $0.0385 05/28/2025 06/03/2025 Monthly Purpose Global Bond Class - ETF Units IGB $0.0860¹ 05/28/2025 06/03/2025 Monthly Microsoft (MSFT) Yield Shares Purpose ETF - ETF units MSFY $0.1100 05/28/2025 06/03/2025 Monthly Purpose Enhanced Premium Yield Fund - ETF Series PAYF $0.1375¹ 05/28/2025 06/03/2025 Monthly Purpose Total Return Bond Fund - ETF Series PBD $0.0590¹ 05/28/2025 06/03/2025 Monthly Purpose Core Dividend Fund - ETF Series PDF $0.1050¹ 05/28/2025 06/03/2025 Monthly Purpose Enhanced Dividend Fund - ETF Series PDIV $0.0950¹ 05/28/2025 06/03/2025 Monthly Purpose Real Estate Income Fund - ETF Series PHR $0.0720¹ 05/28/2025 06/03/2025 Monthly Purpose International Dividend Fund - ETF Series PID $0.0780 05/28/2025 06/03/2025 Monthly Purpose Monthly Income Fund - ETF Series PIN $0.0830¹ 05/28/2025 06/03/2025 Monthly Purpose Multi-Asset Income Fund - ETF Units PINC $0.0840 05/28/2025 06/03/2025 Monthly Purpose Conservative Income Fund - ETF Series PRP $0.0600¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund - ETF Series PYF $0.1100¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund Non-Currency Hedged - ETF Series PYF.B $0.1230¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund Non-Currency Hedged - ETF USD Series PYF.U US $0.1200¹ 05/28/2025 06/03/2025 Monthly Purpose Core Equity Income Fund - ETF Series RDE $0.0875¹ 05/28/2025 06/03/2025 Monthly Purpose Emerging Markets Dividend Fund - ETF Units REM $0.0950 05/28/2025 06/03/2025 Monthly Purpose Canadian Preferred Share Fund - ETF Units RPS $0.0950 05/28/2025 06/03/2025 Monthly Purpose US Preferred Share Fund - ETF Series RPU $0.0940 05/28/2025 06/03/2025 Monthly Purpose US Preferred Share Fund Non-Currency Hedged - ETF Units2 RPU.B / RPU.U $0.0940 05/28/2025 06/03/2025 Monthly Purpose Strategic Yield Fund - ETF Units SYLD $0.0970 05/28/2025 06/03/2025 Monthly AMD (AMD) Yield Shares Purpose ETF - ETF Series YAMD $0.2000 05/28/2025 06/03/2025 Monthly Amazon (AMZN) Yield Shares Purpose ETF- ETF Units YAMZ $0.4000 05/28/2025 06/03/2025 Monthly Broadcom (AVGO) Yield Shares Purpose ETF - ETF Series YAVG $0.1500 05/28/2025 06/03/2025 Monthly Coinbase (COIN) Yield Shares Purpose ETF - ETF Series YCON $0.3000 05/28/2025 06/03/2025 Monthly Costco (COST) Yield Shares Purpose ETF - ETF Series YCST $0.1000 05/28/2025 06/03/2025 Monthly Alphabet (GOOGL) Yield Shares Purpose ETF - ETF Units YGOG $0.2500 05/28/2025 06/03/2025 Monthly Tech Innovators Yield Shares Purpose ETF - ETF Series YMAG $0.2000 05/28/2025 06/03/2025 Monthly META (META) Yield Shares Purpose ETF - ETF Series YMET $0.1600 05/28/2025 06/03/2025 Monthly Netflix (NFLX) Yield Shares Purpose ETF - ETF Series YNET $0.1100 05/28/2025 06/03/2025 Monthly NVIDIA (NVDA) Yield Shares Purpose ETF - ETF Units YNVD $0.7500 05/28/2025 06/03/2025 Monthly Palantir (PLTR) Yield Shares Purpose ETF - ETF Series YPLT $0.2500 05/28/2025 06/03/2025 Monthly Tesla (TSLA) Yield Shares Purpose ETF - ETF Units YTSL $0.5500 05/28/2025 06/03/2025 Monthly UnitedHealth Group (UHN) Yield Shares Purpose ETF - ETF Series YUNH $0.1100 05/28/2025 06/03/2025 Monthly Closed-End Funds TickerSymbol Distributionper share/unit RecordDate Payable Date DistributionFrequency Big Banc Split Corp, Class A BNK $0.1200¹ 05/30/2025 06/13/2025 Monthly Big Banc Split Corp - Preferred Shares $0.0700¹ 05/30/2025 06/13/2025 Monthly Estimated May 2025 Distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund The May 2025 distribution rates for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund are estimated to be as follows: Open-End Fund TickerSymbol Final distributionper unit RecordDate PayableDate DistributionFrequency Purpose USD Cash Management Fund – ETF Units MNU.U US $ 0.3528 05/28/2025 06/03/2025 Monthly Purpose Cash Management Fund – ETF Units MNY $0.2370 05/28/2025 06/03/2025 Monthly Purpose High Interest Savings Fund – ETF Units PSA $0.1068 05/28/2025 06/03/2025 Monthly Purpose US Cash Fund – ETF Units PSU.U US $ 0.3495 05/28/2025 06/03/2025 Monthly Purpose expects to issue a press release on or about May 27, 2025, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund. The ex-distribution date will be May 28, 2025. (1) Dividend is designated as an 'eligible' Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation. (2) Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date. About Purpose Investments Inc. Purpose Investments is an asset management company with more than $21 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. For further information please contact:Keera Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
