FT Portfolios Canada Co. Announces Termination of Distribution Reinvestment Plan
01 January 2022 - 8:49AM
FT Portfolios Canada Co. (the “
Manager”), the
manager of the following exchange-traded funds:
FIRST TRUST ETFs
First Trust Value Line® Dividend Index ETF
(CAD-Hedged) (TSX: FUD/FUD.A)First Trust AlphaDEX™ Emerging Market
Dividend ETF (CAD-Hedged) (TSX: FDE/FDE.A)First Trust Senior Loan
ETF (CAD-Hedged) (TSX: FSL/FSL.A)First Trust AlphaDEX™ European
Dividend Index ETF (CAD-Hedged)First Trust Global Risk Managed
Income Index ETF (TSX: EUR./EUR.A)First Trust NASDAQ® Clean Edge®
Green Energy ETF (TSXC: QCLN:CC)First Trust Indxx NextG ETF (TSX:
NXTG-T)First Trust Nasdaq Cybersecurity ETF (TSX: CIBR-T)First
Trust Dow Jones Internet ETF (TSX: FDN-T)First Trust AlphaDEX™ U.S.
Health Care Sector Index ETF (TSX: FHH)First Trust NYSE Arca
Biotechnology ETF (TSX: FBT) First Trust AlphaDEX™ U.S. Industrials
Sector Index ETF (TSX: FHG) First Trust AlphaDEX™ U.S. Technology
Sector Index ETF (TSX: FHQ)First Trust Cloud Computing ETF (TSX:
SKYY)First Trust Tactical Bond Index ETF (TSX: FTB) First Trust
Canadian Capital Strength ETF (TSX: FST.A)First Trust Morningstar
Dividend Leaders ETF (CAD-Hedged) (TSX: FDL)First Trust Indxx
Innovative Transaction and Process ETF (TSX: BLCK) First Trust
International Capital Strength ETF (TSX: FINT)
(collectively, the “First Trust
ETFs”),
announced today that it will be terminating its
distribution reinvestment plan (the “Reinvestment
Plan”) for each First Trust ETF effective January 31,
2022. As a result, the Reinvestment Plan will not be available for
distributions made by the First Trust ETFs from and after January
31, 2022.
About First Trust
The First Trust companies are a well-respected
global enterprise with a history in the U.S. market since 1991 and
in Canada since 1996. First Trust is the umbrella name used for the
various businesses conducted in both Canada and the U.S. The First
Trust family of ETFs span across different geographies and asset
classes. First Trust ETFs combine the benefits of both active and
passive management, providing an efficient and simple way for
investors to buy and sell an entire basket of securities with a
single transaction throughout the trading day. For more
information, please visit www.firsttrust.ca
For further information: Media Contact: Susan
Johnson, FT Portfolios Canada Co., 40 King Street West, Suite 5102,
Scotia Plaza, Box 312, Toronto, ON M5H 3Y2, Email:
susanjohnson@firsttrust.ca, (416) 865- 8054.
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