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 INFORMATION: For media enquiries, please contact: Alex Mathias, Global Wealth Management Communications, Scotiabank, E-mail: alexandra.mathias@scotiabank.com, Phone: 647-537-8036
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December 19, 2024 09:00 ET (14:00 GMT)
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