Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Dynamic Funds announces estimated year-end reinvested distributions for Dynamic Active ETFs

T.DXO, T.DXC, T.DXG, T.DXF, T.DXB, T.DXN, T.DXIF, T.DXEM, T.DXET, T.DXDB

TORONTO, Dec. 21, 2022 /CNW/ - Dynamic Funds today announced the estimated year-end reinvested distributions for the Dynamic Active ETFs listed on the TSX for the 2022 tax year. Please note that these are estimated amounts only and have been calculated based upon information as of December 15, 2022. The final distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors.

Dynamic Funds logo (CNW Group/Dynamic Funds)

These are estimated year-end distributions which will be reinvested in additional units of the respective Dynamic Active ETFs and do not include any cash distribution amounts for December. The additional units will be immediately consolidated so that the number of units outstanding following the distribution will equal the number of units outstanding before the distribution.

We expect to announce the final year-end reinvested distribution amounts on or about December 29, 2022. The record date for the 2022 year-end distributions will be December 30, 2022, payable on January 5, 2023.

The actual taxable amounts of reinvested 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 contact their brokerage firm for this information.

The estimated reinvested distribution amounts per unit are:

Dynamic Active ETF name

Ticker symbol
(TSX)

Estimated
reinvested
distribution per
unit ($)

Dynamic Active Canadian Dividend ETF

DXC

0.952

Dynamic Active Crossover Bond ETF

DXO

0.000

Dynamic Active Discount Bond ETF

DXDB

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

0.330

Dynamic Active Global Dividend ETF

DXG

0.000

Dynamic Active Global Financial Services ETF

DXF

0.000

Dynamic Active Global Infrastructure ETF

DXN

0.023

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

0.429

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 final distributions to differ materially from the estimated distributions in this notice. Factors that could cause the actual distributions to differ include, but are not limited to, the actual amounts of distributions received by the Dynamic Active ETFs; trading activity within the Dynamic Active ETFs, including buying and selling of securities; 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 mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. The securities held by the ETFs can change at any time without notice. Mutual funds and 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

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2022/21/c4019.html



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today