TORONTO, Dec. 30, 2021 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGFI) (TSX:AGF.B) today announced the final December 2021 cash distributions and annual 2021 reinvested capital gains distributions for the AGF ETFs listed on the Toronto Stock Exchange or NEO Exchange.
Unitholders of record of an AGF ETF on December 31, 2021 will receive (i) the actual 2021 reinvested capital gains distributions payable in respect of that AGF ETF on December 31, 2021; and (ii) the actual December 2021 cash distributions payable in respect of that AGF ETF on January 7, 2022. The actual taxable amounts for 2021, including the tax characteristics, will be reported in early 2022.
The annual reinvested capital gains distributions generally represent realized capital gains within the AGF ETFs and will not be paid in cash, but will be reinvested in the form of a notional distribution and reported as taxable. A notional distribution is when the units from a reinvested distribution are immediately consolidated with the units held prior to the distribution. The number of units held after the distribution is therefore identical to the number of units held before the distribution. The unitholder’s adjusted cost base for the respective AGF ETF may increase.
Details regarding the final “per unit” cash and reinvested capital gains distribution amounts are as follows:
|Fund Name||Fund Ticker||Exchange||Final Cash Distribution Per Unit ($)||Final Annual Reinvested Capital Gains Distribution Per Unit ($)|
|AGF Global Opportunities Bond ETF||AGLB||NEO Exchange||0.164559||0.000000|
|AGF Global Sustainable Growth Equity ETF||AGSG||NEO Exchange||0.046213||0.057339|
|AGFiQ Canadian Equity ETF||QCD||Toronto Stock Exchange||0.858445||1.184493|
|AGFiQ Emerging Markets Equity ETF||QEM||Toronto Stock Exchange||0.743988||0.000000|
|AGFiQ Global ESG Factors ETF||QEF||NEO Exchange||0.532684||2.698313|
|AGFiQ Global Infrastructure ETF||QIF||NEO Exchange||0.198920||0.359592|
|AGFiQ Global Multi-Sector Bond ETF||QGB||NEO Exchange||0.193340||2.417933|
|AGFiQ International Equity ETF||QIE||Toronto Stock Exchange||0.737267||0.000000|
|AGFiQ US Equity ETF||QUS||Toronto Stock Exchange||0.367017||7.144225|
|AGFiQ US Market Neutral Anti-Beta CAD-Hedged ETF||QBTL||Toronto Stock Exchange||0.000000||0.000000|
Further information about the AGF ETFs can be found at AGF.com.
This information is not intended to provide legal, accounting, tax, investment, financial, or other advice, and should not be relied upon for providing such advice. Commissions, management fees and expenses all may be associated with an investment in exchange-traded funds (ETFs). Please read the prospectus or relevant ETF Facts before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Units of ETFs are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. AGF brings a disciplined approach to delivering excellence in investment management through its fundamental, quantitative, alternative and high-net-worth businesses focused on providing an exceptional client experience. AGF’s suite of investment solutions extends globally to a wide range of clients, from financial advisors and individual investors to institutional investors including pension plans, corporate plans, sovereign wealth funds and endowments and foundations.
AGF has investment operations and client servicing teams on the ground in North America, Europe and Asia. With nearly $43 billion in total assets under management and fee-earning assets, AGF serves more than 700,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
AGF Investments Inc. is a subsidiary of AGF.
AGFiQ is the quantitative investment platform for AGF powered by an intellectually diverse, multi-disciplined team that combines the complementary strengths of investment professionals across AGF and its affiliates.
Director, Corporate Communications