TORONTO, Jan. 2, 2020 /CNW/ - Bristol Gate Capital
Partners Inc. ("Bristol Gate Capital Partners" or the "firm") today
announced the final annual 2019 reinvested distributions for the
Bristol Gate Exchange-Traded Funds (the "Bristol Gate ETFs").
Unitholders of record on December 31,
2019 received notional distributions representing net
investment income and/or realized capital gains within the ETFs for
the 2019 taxation year. A notional distribution is when the units
from a reinvested distribution are immediately consolidated with
the units held prior to the distribution and the number of units
held after the distribution is identical to the number of units
held before the distribution.
The taxable amounts of reinvested distributions for 2019,
including tax characteristics of the distributions, will be
reported to brokers through Clearing and Depository Services (CDS)
within the first 60 days of 2020. All values are expressed in
Canadian dollars, unless otherwise indicated. 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.
Details of the per-unit reinvested distributions for the Bristol
Gate ETFs are as follows:
|
Fund
Name
|
Fund
Ticker
|
Annual
Reinvested
Capital Gain
Distribution
per unit
|
Annual
Reinvested
Eligible Canadian
Dividends
Distribution
per unit
|
Annual
Reinvested
Foreign
Income
Distribution
per unit
|
Annual
Total
Reinvested
Distribution
per unit
|
|
Bristol Gate
Concentrated
Canadian Equity
ETF
|
BGC
|
$0.22470
|
$0.20948
|
$0.00000
|
$0.43418
|
|
Bristol Gate
Concentrated US
Equity ETF
|
BGU
|
$0.28445
|
$0.00000
|
$0.05424
|
$0.33869
|
|
Bristol Gate
Concentrated US
Equity ETF (USD
Units)1
|
BGU.U
|
US
$0.21936
|
US
$0.00000
|
US
$0.04183
|
US
$0.26119
|
|
1Distribution per unit amount is
reported in USD for BGU.U converted as at December 31,
2019
|
Commissions, management fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Before investing,
investors should carefully read the prospectus and ETF facts and
carefully consider the investment objectives, risks, charges and
expenses of the ETFs. ETFs are not guaranteed; their values change
frequently, and past performance may not be repeated. For this and
more complete information about the ETFs call 416-921-7076 or visit
www.bristolgate.com for the prospectus and ETF facts. Copies of the
prospectus and ETF facts are also available on www.sedar.com.
About Bristol Gate Capital Partners Inc.
Bristol Gate Capital Partners is an independent, employee-owned,
Toronto-based investment
management company serving individual and institutional clients.
The firm uses predictive machine learning in combination with
fundamental analysis to identify high quality companies that have
the capacity and willingness to significantly increase their
dividends in the year ahead. Bristol Gate Capital Partners
currently manages $1.25 billion in a
US equity strategy and a Canadian equity strategy and manages two
ETFs following both strategies. To learn more information, please
visit www.bristolgate.com.
SOURCE Bristol Gate Capital Partners