CORRECTION: Dynamic Funds announces estimated year-end cash distributions for Dynamic Active ETFs and ETF Series
CORRECTION: Dynamic Funds announces estimated year-end cash distributions for Dynamic Active ETFs and ETF Series |
[19-December-2024] |
TORONTO, Dec. 19, 2024 /CNW/ - Dynamic Funds today announced the estimated year-end cash distributions for the Dynamic Active ETFs and ETF series of units of applicable Dynamic Funds ("ETF Series") listed on the TSX for the 2024 tax year. Please note that these are estimated amounts only and have been calculated based upon information as of December 13, 2024. The final cash distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors. We expect to announce the final year-end cash distribution amounts on or about December 30, 2024. The record date for the 2024 year-end distributions will be December 30, 2024, payable on January 3, 2025. The actual taxable amounts of cash distributions for 2024, including the tax characteristics of the distributions, will be reported to CDS Clearing and Depository Services Inc. in early 2025. Securityholders can contact their brokerage firm for this information. The estimated cash distribution amounts per unit are:
Forward-looking information This notice contains forward-looking statements with respect to the year-end cash distributions for the Dynamic Active ETFs and ETF Series. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from the estimated distributions in this notice. Factors that could cause the final distributions to differ include, but are not limited to, the actual amounts of distributions received by the Dynamic Active ETFs and Dynamic Funds; trading activity within the Dynamic Active ETFs and Dynamic Funds; and subscription and redemption activity. For more information about the Dynamic Active ETFs and ETF Series, please visit the Dynamic Funds website. 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 2024 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Company Codes: Toronto:DXAU, Toronto:DXB, Toronto:DXBB, Toronto:DXBC, Toronto:DXBG, Toronto:DXBU, Toronto:DXC, Toronto:DXCB, Toronto:DXCO, Toronto:DXCP, Toronto:DXDB, Toronto:DXEM, Toronto:DXET, Toronto:DXF, Toronto:DXG, Toronto:DXGE, Toronto:DXIF, Toronto:DXMO, Toronto:DXN, Toronto:DXO, Toronto:DXP, Toronto:DXQ, Toronto:DXR, Toronto:DXRE, Toronto:DXU, Toronto:DXUS, Toronto:DXV, Toronto:DXW, Toronto:DXZ |