TORONTO, Dec. 20,
2023 /CNW/ - Dynamic Funds today announced the
estimated year-end reinvested distributions for the Dynamic Active
ETFs listed on the TSX for the 2023 tax year. Please note that
these are estimated amounts only and have been calculated based
upon information as of December 15,
2023. The final distributions may change due to subscriptions
or redemptions activity before the ex-dividend date or other
factors.
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 28,
2023. The record date for the 2023 year-end distributions
will be December 29, 2023, payable on
January 4, 2024.
The actual taxable amounts of reinvested distributions for 2023,
including the tax characteristics of the distributions, will be
reported to CDS Clearing and Depository Services Inc. in early
2024. 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
Bond ETF
|
DXBC
|
0.01358
|
|
Dynamic Active Canadian
Dividend ETF
|
DXC
|
0.80363
|
|
Dynamic Active
Crossover Bond ETF
|
DXO
|
0.00000
|
|
Dynamic Active Discount
Bond ETF
|
DXDB
|
0.00000
|
|
Dynamic Active Emerging
Markets ETF
|
DXEM
|
0.00000
|
|
Dynamic Active Energy
Evolution ETF
|
DXET
|
0.00000
|
|
Dynamic Active Enhanced
Yield Covered Options ETF
|
DXQ
|
0.48247
|
|
Dynamic Active Global
Dividend ETF
|
DXG
|
0.00000
|
|
Dynamic Active Global
Equity Income ETF
|
DXGE
|
0.00000
|
|
Dynamic Active Global
Financial Services ETF
|
DXF
|
0.00000
|
|
Dynamic Active Global
Infrastructure ETF
|
DXN
|
0.00000
|
|
Dynamic Active
International Dividend ETF
|
DXW
|
0.00000
|
|
Dynamic Active
International ETF
|
DXIF
|
0.00000
|
|
Dynamic Active
Investment Grade Floating Rate ETF
|
DXV
|
0.00000
|
|
Dynamic Active
Preferred Shares ETF
|
DXP
|
0.00000
|
|
Dynamic Active
Retirement Income ETF
|
DXR
|
0.00000
|
|
Dynamic Active Tactical
Bond ETF
|
DXB
|
0.00000
|
|
Dynamic Active U.S.
Dividend ETF
|
DXU
|
0.00000
|
|
Dynamic Active U.S.
Equity ETF
|
DXUS
|
0.00000
|
|
Dynamic Active U.S.
Investment Grade Corporate Bond ETF
|
DXBU
|
0.15917
|
|
Dynamic Active U.S.
Mid-Cap ETF
|
DXZ
|
0.00000
|
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, trailing commissions, management fees and expenses
may be associated with mutual fund investments, including
ETFs. Please read the prospectus before investing. 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 The Bank of Nova Scotia, used under license by, and is a
division of, 1832 Asset Management L.P.
© Copyright 2023 The Bank of Nova Scotia. All rights
reserved.
Website: www.dynamic.ca |X @DynamicFunds |
LinkedIn:
https://www.linkedin.com/company/dynamic-funds/
SOURCE Dynamic Funds