TORONTO, Jan. 19,
2023 /CNW/ - Bristol Gate Capital Partners Inc.
("Bristol Gate Capital Partners" or the "firm") today announced the
final annual 2022 reinvested distributions for the Bristol Gate
Exchange-Traded Funds (the "Bristol Gate ETFs").
Unitholders of record on December 30,
2022 received notional distributions representing net
investment income and/or realized capital gains within the Bristol
Gate ETFs for the 2022 taxation year. A notional distribution is
when the units from a reinvested distribution are immediately
consolidated with the units held prior to the distribution and the
number of units held after the distribution is identical to the
number of units held before the distribution.
The taxable amounts of reinvested distributions for 2022,
including tax characteristics of the distributions, will be
reported to brokers through Clearing and Depository Services (CDS)
within the first 60 days of 2023. All values are expressed in
Canadian dollars, unless otherwise indicated. This information is
not intended to provide legal, accounting, tax, investment,
financial or other advice and should not be relied upon for
providing such advice.
Details of the per-unit reinvested distributions for the Bristol
Gate ETFs are as follows:
|
Fund
Name
|
Fund
Ticker
|
Annual
Reinvested
Capital
Gain
Distribution
($) per
unit
|
Annual
Reinvested
Eligible
Canadian
Dividends
Distribution ($)
per
unit
|
Annual
Reinvested
Foreign
Income
Distribution
($)
per
unit
|
Annual
Total
Reinvested
Distribution
($) per
unit
|
|
Bristol Gate
Concentrated
Canadian
Equity
ETF
|
BGC
|
$1.71901
|
$0.18994
|
$0.00000
|
$1.90895
|
|
Bristol Gate
Concentrated
US
Equity ETF
|
BGU
|
$1.82477
|
$0.00000
|
$0.08230
|
$1.90707
|
|
Bristol Gate
Concentrated
US
Equity ETF
(USD
Units)1
|
BGU.U
|
US
$1.34674
|
US $0.00000
|
US $0.06074
|
US $1.40748
|
|
1Distribution per unit amount is
reported in USD for BGU.U converted as at December 30,
2022
|
Commissions, management fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Before investing,
investors should carefully read the prospectus and ETF facts and
carefully consider the investment objectives, risks, charges and
expenses of the ETFs. ETFs are not guaranteed; their values change
frequently, and past performance may not be repeated. For this and
more complete information about the Bristol Gate ETFs call
416-921-7076 or visit www.bristolgate.com for the prospectus and
ETF facts. Copies of the prospectus and ETF facts are also
available on www.sedar.com.
About Bristol Gate Capital
Partners Inc.
Bristol Gate Capital Partners is an independent, employee-owned,
Toronto-based investment
management company serving individual and institutional clients.
The firm uses predictive machine learning in combination with
fundamental analysis to identify high quality companies that have
the capacity and willingness to significantly increase their
dividends in the year ahead. Bristol Gate Capital Partners
currently manages $2.6 billion in
AUM/AUA across a US equity strategy and a Canadian equity strategy
and manages an ETF following each strategy. To learn more
information, please visit www.bristolgate.com.
SOURCE Bristol Gate Capital Partners
