Montreal, January 10, 2022 – Desjardins Global Asset Management Inc. (DGAM), acting as manager and portfolio advisor of the Desjardins Exchange Traded Funds (ETFs), announces today the annual reinvested income and/or capital gains distributions (the “reinvested distributions”) revised final amounts for some Desjardins ETFs (see list in table below) listed on the TSX. Unitholders of record on December 31, 2021 will receive the revised reinvested distributions payable in respect of these ETFs on or about January 10, 2022. The reinvested distributions will be reinvested in units of the applicable ETF and the resulting units will be immediately consolidated, so that the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their units.
These revised final amounts are for the reinvested distributions only, and do not include the ongoing periodic cash distribution amounts which are being announced in separate press releases.
Below is the reinvested distributions revised final amount to be paid per unit for the ETFs that will pay reinvested distributions:
1 The reinvested distributions for the ETF are expected to be income in nature.
2 The reinvested distributions for the ETF are expected to be capital gains in nature.
To obtain additional information about the Desjardins ETFs, visit the manager’s website at www.desjardinsETF.com External link. This link will open in a new window..
The Desjardins Exchange Traded Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, management fees and expenses all may be associated with an investment in exchange traded funds. Please read the prospectus before investing. Desjardins Global Asset Management Inc. is the manager and portfolio manager of the Desjardins Exchange Traded Funds. The Desjardins Exchange Traded Funds are offered by registered dealers.