Dynamic Funds announces estimated year-end cash distributions for Dynamic Active ETFs and ETF Series

Canada NewsWire

TORONTO, Dec. 19, 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:

 
Dynamic Active ETF & ETF Series  Ticker symbol (TSX)  Estimated cash  Currency 
                                                       distribution 
                                                       per unit ($) 
Dynamic Active Bond ETF          DXBB                 0.10770         CAD 
Dynamic Active Canadian Bond     DXBC                 0.04440         CAD 
ETF 
Dynamic Active Canadian          DXC                  0.08200         CAD 
Dividend ETF 
Dynamic Active Corporate Bond    DXCB                 0.08910         CAD 
ETF 
Dynamic Active Crossover Bond    DXO                  0.09100         CAD 
ETF 
Dynamic Active Discount Bond     DXDB                 0.07500         CAD 
ETF 
Dynamic Active Emerging Markets  DXEM                 0.00000         CAD 
ETF 
Dynamic Active Energy Evolution  DXET                 0.04200         CAD 
ETF 
Dynamic Active Enhanced Yield    DXQ                  0.12500         CAD 
Covered Options ETF 
Dynamic Active Global Dividend   DXG                  0.00000         CAD 
ETF 
Dynamic Active Global Dividend   DXG.U                0.00000         USD 
ETF 
Dynamic Active Global Equity     DXGE                 0.05000         CAD 
Income ETF 
Dynamic Active Global Financial  DXF                  0.24330         CAD 
Services ETF 
Dynamic Active Global Gold ETF   DXAU                 0.04210         CAD 
Dynamic Active Global            DXN                  0.13060         CAD 
Infrastructure ETF 
Dynamic Active International     DXW                  0.02800         CAD 
Dividend ETF 
Dynamic Active International     DXIF                 0.28500         CAD 
ETF 
Dynamic Active Investment Grade  DXV                  0.07800         CAD 
Floating Rate ETF 
Dynamic Active Mining            DXMO                 0.09450         CAD 
Opportunities ETF 
Dynamic Active Preferred Shares  DXP                  0.09700         CAD 
ETF 
Dynamic Active Real Estate ETF   DXRE                 0.15000         CAD 
Dynamic Active Retirement        DXR                  0.26500         CAD 
Income ETF 
Dynamic Active Tactical Bond     DXB                  0.06400         CAD 
ETF 
Dynamic Active U.S. Dividend     DXU                  0.00000         CAD 
ETF 
Dynamic Active U.S. Dividend     DXU.U                0.00000         USD 
ETF 
Dynamic Active U.S. Equity ETF   DXUS                 0.00000         CAD 
Dynamic Active U.S. Equity ETF   DXUS.U               0.00000         USD 
Dynamic Active U.S. Investment   DXBU                 0.17090         CAD 
Grade Corporate Bond 
ETF 
Dynamic Active U.S. Mid-Cap ETF  DXZ                  0.05860         CAD 
Dynamic Credit Opportunities     DXCO                 0.04300         CAD 
Fund 
Dynamic Global Fixed Income      DXBG                 0.10000         CAD 
Fund 
Dynamic Short Term Credit PLUS   DXCP                 0.06200         CAD 
Fund 
 

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$(R)$ is a registered trademark The Bank of Nova Scotia, used under license by, and is a division of, 1832 Asset Management L.P.

(c) 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

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/CONTACT:

CONTACT INFORMATION: For media enquiries, please contact: Alex Mathias, Global Wealth Management Communications, Scotiabank, E-mail: alexandra.mathias@scotiabank.com, Phone: 647-537-8036

Copyright CNW Group 2024 
 

(END) Dow Jones Newswires

December 19, 2024 09:00 ET (14:00 GMT)