TORONTO, Nov. 25,
2022 /CNW/ - Dynamic Funds announced today the
estimated year-end reinvested distributions for the Dynamic Active
ETFs listed on the TSX for the 2022 tax year.
These distributions are typically reinvested in additional units
of the respective Dynamic Active ETFs at year-end, and do not
include estimates of any monthly and/or quarterly cash
distributions for the remainder of the year. The additional units
will be immediately consolidated so that the number of units
outstanding following the distribution will equal the number of
units outstanding prior to the distribution.
The estimated reinvested distribution amounts are:
|
Dynamic Active ETF
name
|
Ticker
symbol
(TSX)
|
Estimated
reinvested
distribution per unit
($)
|
|
Dynamic Active Canadian
Dividend ETF
|
DXC
|
0.915
|
|
Dynamic Active
Crossover Bond ETF
|
DXO
|
0.000
|
|
Dynamic Active Emerging
Markets ETF
|
DXEM
|
0.000
|
|
Dynamic Active Energy
Evolution ETF
|
DXET
|
0.000
|
|
Dynamic Active Enhanced
Yield Covered Options ETF
|
DXQ
|
0.566
|
|
Dynamic Active Global
Dividend ETF
|
DXG
|
0.000
|
|
Dynamic Active Global
Financial Services ETF
|
DXF
|
0.000
|
|
Dynamic Active Global
Infrastructure ETF
|
DXN
|
0.408
|
|
Dynamic Active
International Dividend ETF
|
DXW
|
0.000
|
|
Dynamic Active
International ETF
|
DXIF
|
0.000
|
|
Dynamic Active
Investment Grade Floating Rate ETF
|
DXV
|
0.000
|
|
Dynamic Active
Preferred Shares ETF
|
DXP
|
0.000
|
|
Dynamic Active
Retirement Income ETF
|
DXR
|
0.000
|
|
Dynamic Active Tactical
Bond ETF
|
DXB
|
0.000
|
|
Dynamic Active U.S.
Dividend ETF
|
DXU
|
0.000
|
|
Dynamic Active U.S.
Mid-Cap ETF
|
DXZ
|
0.000
|
Please note that these are estimated amounts only and have been
calculated based upon forward-looking information as of
October 31, 2022, so the actual
distributions may differ materially from these estimates. We expect
to announce updated estimates of the year-end reinvested
distribution amounts (as well as any monthly and/or any quarterly
cash distribution amounts, as applicable) on or about December 21, 2022. The record date for the 2022
final year-end distributions will be December 30, 2022, payable on January 5, 2023.
The actual taxable amounts of reinvested and cash distributions
for 2022, including the tax characteristics of the distributions,
will be reported to CDS Clearing and Depository Services Inc. in
early 2023. Securityholders can reach out to their brokerage firm
for this information.
Forward-looking information
This notice
contains forward-looking statements with respect to the year-end
reinvested distributions for the Dynamic Active ETFs. By their
nature, these forward-looking statements involve risks and
uncertainties that could cause the actual distributions to differ
materially from the estimated distributions set forth in this
notice. Factors that could cause the actual distributions to differ
from the estimated distributions between now and the Dynamic Active
ETFs' tax year end include, but are not limited to, the trading
activity within the Dynamic Active ETFs; and subscription and
redemption activity.
For more information about these and the other Dynamic Active
ETFs, please visit Dynamic.ca/ETF.
Commissions, management fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Please read the
prospectus before investing. The securities held by the ETFs can
change at any time without notice. Investments in ETFs are not
guaranteed, their values change frequently and past performance may
not be repeated.
About Dynamic Funds
Dynamic Funds is a division of
1832 Asset Management L.P., which offers a range of wealth
management solutions, including mutual funds, actively managed
ETFs, investment solutions for private clients, institutional
clients and managed asset programs. 1832 Asset Management L.P. is a
limited partnership, the general partner of which is wholly owned
by Scotiabank. ® Dynamic Funds is a registered trademark of its
owner, used under license.
Website: www.dynamic.ca |Twitter:@DynamicFunds |
LinkedIn:
https://www.linkedin.com/company/dynamic-funds/
SOURCE Dynamic Funds
