TORONTO, Dec. 13, 2019 /CNW/ - Mackenzie Investments today announced the estimated year-end reinvested distributions for its exchange-traded funds ("ETFs") that trade on the Toronto Stock Exchange ("TSX") and Aequitas NEO Exchange ("NEO") for the 2019 tax year. Please note that these are estimated amounts only as of November 25, 2019. The actual reinvested distributions may differ materially from these estimates.
These are estimated distributions of undistributed net income and/or capital gains. The distributions will be reinvested in additional units of the respective ETFs and do not include estimates of ongoing monthly, quarterly, semi-annual or annual cash distribution amounts. The additional units will be immediately consolidated with the units previously outstanding, so that the number of units outstanding following the distribution will equal the number of units outstanding prior to the distribution.
Mackenzie Investments expects to announce the final year-end reinvested distribution amounts for its ETFs on or about December 23, 2019. The record date for these distributions is December 31, 2019. The actual taxable amounts distributed by the ETFs in 2019, including the tax characteristics of these amounts, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2020.
Details of the estimated per-unit distribution amounts are as follows:
Mackenzie ETF
| Ticker Symbol
| Estimated
year-end
reinvested
distribution
per unit
| CUSIP
| ISIN
| Exchange
|
Mackenzie Core Plus
Global Fixed Income ETF
| MGB
| 0.00000
| 55452P101
| CA55452P1018
| TSX
|
Mackenzie Unconstrained Bond
ETF
| MUB
| 0.00000
| 55454N104
| CA55454N1042
| TSX
|
Mackenzie Floating Rate
Income ETF
| MFT
| 0.00000
| 55453X103
| CA55453X1033
| TSX
|
Mackenzie Core Plus
Canadian Fixed Income
ETF
| MKB
| 0.04268
| 55452R107
| CA55452R1073
| TSX
|
Mackenzie Maximum
Diversification Canada
Index ETF
| MKC
| 0.19814
| 55453L109
| CA55453L1094
| TSX
|
Mackenzie Maximum
Diversification US Index
ETF
| MUS
| 0.00000
| 55453M107
| CA55453M1077
| TSX
|
Mackenzie Maximum
Diversification
Developed Europe Index
ETF
| MEU
| 0.00000
| 55453P100
| CA55453P1009
| TSX
|
Mackenzie Maximum
Diversification All World
Developed Index ETF
| MWD
| 0.00000
| 55453N105
| CA55453N1050
| TSX
|
Mackenzie Maximum
Diversification Emerging
Markets Index ETF
| MEE
| 0.00000
| 55453Q108
| CA55453Q1081
| TSX
|
Mackenzie Maximum
Diversification All World
Developed ex North
America Index ETF
| MXU
| 0.00000
| 55454L108
| CA55454L1085
| TSX
|
Mackenzie Global High
Yield Fixed Income ETF
| MHYB
| 0.00000
| 55454M106
| CA5545M1068
| NEO
|
Mackenzie Global
Leadership Impact ETF
| MWMN
| 0.00000
| 55455D105
| CA55455D1050
| NEO
|
Mackenzie Portfolio
Completion ETF
| MPCF
| 0.00000
| 55454D106
| CA55454D1069
| TSX
|
Mackenzie Ivy Global
Equity ETF
| MIVG
| 0.22001
| 55454E104
| CA55454E1043
| TSX
|
Mackenzie Canadian
Short Term Fixed
Income ETF
| MCSB
| 0.00217
| 55452Q109
| CA55452Q1090
| TSX
|
Mackenzie China A-
Shares CSI 300 Index
ETF
| QCH
| 0.00000
| 55454U108
| CA55454U1084
| NEO
|
Mackenzie Canadian
Large Cap Equity Index
ETF
| QCE
| 0.00000
| 55454W104
| CA55454W1041
| TSX
|
Mackenzie Canadian
Equity Index ETF
| QCN
| 0.00000
| 55453U109
| CA55453U1093
| TSX
|
Mackenzie US Large
Cap Equity Index ETF
| QUU
| 0.00000
| 55454T101
| CA55454T1012
| TSX
|
Mackenzie US Large
Cap Equity Index ETF
(CAD-Hedged)
| QAH
| 0.00000
| 55455M105
| CA55455M1059
| TSX
|
Mackenzie International
Equity Index ETF
| QDX
| 0.00000
| 55455T100
| CA55455T1003
| TSX
|
Mackenzie International
Equity Index ETF (CAD-
Hedged)
| QDXH
| 1.86821
| 55455Y109
| CA55455Y1097
| TSX
|
Mackenzie Canadian
Aggregate Bond Index
ETF
| QBB
| 0.84253
| 55452S105
| CA55452S1056
| TSX
|
Mackenzie Canadian
Short-Term Bond Index
ETF
| QSB
| 1.29848
| 55453K101
| CA55453K1012
| TSX
|
Mackenzie Canadian All
Corporate Bond Index
ETF
| QCB
| 1.01760
| 55454A102
| CA55454A1021
| NEO
|
Mackenzie US TIPS
Index ETF (CAD-
Hedged)
| QTIP
| 0.00000
| 55456B108
| CA55456B1085
| NEO
|
Mackenzie US
Investment Grade
Corporate Bond Index
ETF (CAD-Hedged)
| QUIG
| 0.00000
| 55455H106
| CA55455H1064
| TSX
|
Mackenzie US High
Yield Bond Index ETF
(CAD-Hedged)
| QHY
| 0.00000
| 55455K109
| CA55455K1093
| TSX
|
Mackenzie Emerging
Markets Local Currency
Bond Index ETF
| QEBL
| 0.00000
| 55455J102
| CA55455J1021
| TSX
|
Mackenzie Emerging
Markets Bond Index ETF
(CAD-Hedged)
| QEBH
| 0.00000
| 55454J103
| CA55455J1030
| TSX
|
Further information about Mackenzie ETFs can be found at mackenzieinvestments.com/etf.
Commissions, management fees, brokerage fees and expenses all may be associated with Exchange Traded Funds. Please read the prospectus before investing. Exchange Traded Funds are not guaranteed, their values change frequently and past performance may not be repeated.
The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with an Exchange Traded Fund's performance, rate of return or yield. If distributions paid by the Exchange Traded Fund are greater than the performance of the Exchange Traded Fund, your original investment will shrink. Distributions paid as a result of capital gains realized by an Exchange Traded Fund, and income and dividends earned by an Exchange Traded Fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero.
About Mackenzie Investments
Mackenzie Investments was founded in 1967 and is a leading investment management firm providing investment advisory and related services. With $140.2 billion in assets under management as of November 30, 2019, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with approximately $166.4 billion in total assets under management as of November 30, 2019. For more information, visit mackenzieinvestments.com.
SOURCE Mackenzie Investments
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