iA Clarington Investments announces estimated December 2018 cash and annual notional distributions for Active ETF Series
TORONTO, Dec. 21, 2018 /CNW/ - IA Clarington Investments Inc. ("iA Clarington") today announced the December 2018 cash and annual capital gains notional distribution estimates for its Active ETF Series. The record date for the distributions is January 2, 2019 and distributions are payable on January 10, 2019.
The annual capital gains distributions are notional distributions that will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change.
The estimated per-unit December distribution estimates are detailed below:
Active ETF Series |
Ticker |
Cash Distribution $ per unit |
Notional $ per unit |
CUSIP |
IA Clarington Core Plus Bond Fund |
ICPB |
0.01399 |
0.00211 |
44931X109 |
IA Clarington Global Bond Fund |
IGLB |
0.08587 |
Not applicable(1) |
44932A108 |
IA Clarington Emerging Markets Bond Fund |
IEMB |
0.03603
|
Not applicable(1) |
44932C104 |
(1) |
No annual capital gains notional distribution will be payable in respect of this Active ETF Series. |
Final distribution amounts will be announced by iA Clarington on or about January 2, 2019.
For more information about IA Clarington Active ETF Series, please visit iaclarington.com/ETF
Forward-looking information
This notice contains forward-looking statements with respect to the estimated December 2018 distributions for the Active ETF Series. By their nature, these forward-looking statements involve risks and uncertainties that could cause the distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the Active ETF Series, portfolio transactions, currency hedging transactions, and subscription and redemption activity.
About IA Clarington Investments Inc.
A subsidiary of Industrial Alliance Insurance and Financial Services Inc. – Canada's fourth-largest life and health insurance company – iA Clarington offers a wide range of investment products, including actively managed mutual funds, managed portfolio solutions, Active ETF Series and socially responsible investments. As of October 31, 2018, iA Clarington has more than $14.7 billion in assets under management. For more information, please visit iaclarington.com
Commissions, trailing commissions, management fees, brokerage fees and expenses all may be associated with mutual fund investments, including investments in exchange-traded series of mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The iA Clarington Funds are managed by IA Clarington Investments Inc. iA Clarington and the iA Clarington logo are trademarks of Industrial Alliance Insurance and Financial Services Inc. and are used under license.
The payment of distributions and distribution breakdown, if applicable, is not guaranteed and may fluctuate. The payment of distributions should not be confused with a Fund's performance, rate of return, or yield. If distributions paid by the Fund are greater than the performance of the Fund, then an investor's original investment will shrink. Distributions paid as a result of capital gains realized by a Fund and income and dividends earned by a Fund are taxable in the year they are paid. An investor's adjusted cost base will be reduced by the amount of any returns of capital. If an investor's adjusted cost base goes below zero, then capital gains tax will have to be paid on the amount below zero.
SOURCE IA Clarington Investments Inc.
For further information: Rob Martin, VP, Product Management & Marketing, iA Clarington Investments, [email protected], T: 416-860-9880 ext. 8070
Share this article