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Crius Energy Trust Tr Unit CRIUF

"Crius Energy Trust through its subsidiaries is engaged in the sale of electricity and natural gas to residential and commercial customers under variable price and fixed-price contracts. The company, through its subsidiaries, also markets solar products to its existing customers as well as to new prospects. It provides retail electricity to its customers in the Connecticut, Delaware, District of Columbia, Illinois, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Ohio, Pennsy


GREY:CRIUF - Post by User

Comment by bcscon Aug 28, 2017 4:55pm
55 Views
Post# 26629815

RE:RE:RE:RE:RE:RE:Ex distribution day

RE:RE:RE:RE:RE:RE:Ex distribution dayFrom a message I recieved from TD Direct Investing on Aug 14, 2017

"Beginning on September 5, 2017, the settlement cycle for equities, corporate and long-term government bonds, mutual funds and ETFs will be shortened from the date of trade execution (T) plus three business days (T+3) to T plus two business days (T+2). Canadian investors will benefit from greater harmonization of global markets and more efficient trading processes, including quicker access to trade proceeds. Due to the expedited settlement cycle, investors will need to ensure that they have sufficient funds available to settle their purchases one day earlier.

If you have any questions about this upcoming change, please contact an Investment Representative at 1-800-465-5463. We’re here to assist you any time, 24 hours a day, seven days a week.

Thank you for choosing TD Direct Investing. "

It is my understanding that begining Sept 5, 2017 ex-div dates will be record date less 2 not 3 due to this change. This change is for all Canadian investors and is not Broker specific.

If anyone has a different interpretation could they please share it with the board.

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