TORONTO, Dec. 12, 2017 /CNW/ - Mackenzie Financial
Corporation (Mackenzie Investments) today announced the estimated
year-end reinvested distributions for its exchange-traded funds
("ETFs") that trade on the Toronto Stock Exchange ("TSX") and
Aequitas NEO Exchange ("NEO") for the 2017 tax year. Please
note that these are estimated amounts only as of November 30, 2017 and reflect forward-looking
information. The actual reinvested distributions may differ
materially from these estimates.
These are estimated distributions of undistributed net income
and/or capital gains. The distributions will be reinvested in
additional units of the respective ETFs and do not include
estimates of ongoing monthly, quarterly, semi-annual or annual cash
distribution amounts. The additional units will be immediately
consolidated with the units previously outstanding, so that the
number of units outstanding following the distribution will equal
the number of units outstanding prior to the distribution.
Mackenzie Investments expects to announce the final year-end
reinvested distribution amounts for its ETFs on or about
December 21, 2017. The record
date for these distributions will be December 29, 2017. The actual taxable amounts
distributed by the ETFs in 2017, including the tax characteristics
of these amounts, will be reported to brokers through CDS Clearing
and Depository Services Inc. in early 2018.
Details of the estimated per-unit distribution amounts are as
follows:
Mackenzie
ETF
|
Ticker
Symbol
|
Estimated
year-end
reinvested
distribution
per unit
|
CUSIP
|
ISIN
|
Exchange
|
Mackenzie Core
Plus
Global Fixed Income
ETF
|
MGB
|
$0.03929
|
55452P101
|
CA55452P1018
|
TSX
|
Mackenzie
Unconstrained Bond
ETF
|
MUB
|
$0.06008
|
55454N104
|
CA55454N1042
|
TSX
|
Mackenzie Floating
Rate
Income ETF
|
MFT
|
$0.37973
|
55453X103
|
CA55453X1033
|
TSX
|
Mackenzie Core
Plus
Canadian Fixed Income
ETF
|
MKB
|
$0.00000
|
55452R107
|
CA55452R1073
|
TSX
|
Mackenzie Global
High
Yield Fixed Income ETF
|
MHYB
|
$0.71662
|
55454M106
|
CA5545M1068
|
NEO
|
Mackenzie
Canadian
Short Term Fixed Income
ETF
|
MCSB
|
$0.00413
|
55452Q109
|
CA55452Q1090
|
TSX
|
Mackenzie Maximum
Diversification Canada
Index ETF
|
MKC
|
$0.00000
|
55453L109
|
CA55453L1094
|
TSX
|
Mackenzie Maximum
Diversification US Index
ETF
|
MUS
|
$0.00000
|
55453M107
|
CA55453M1077
|
TSX
|
Mackenzie Maximum
Diversification
Developed Europe Index
ETF
|
MEU
|
$0.00000
|
55453P100
|
CA55453P1009
|
TSX
|
Mackenzie Maximum
Diversification All World
Developed Index ETF
|
MWD
|
$0.00000
|
55453N105
|
CA55453N1050
|
TSX
|
Mackenzie Maximum
Diversification All World
Developed ex North
America Index ETF
|
MXU
|
$0.00000
|
55454L108
|
CA55454L1085
|
TSX
|
Mackenzie Maximum
Diversification Emerging
Markets Index ETF
|
MEE
|
$0.00000
|
55453Q108
|
CA55453Q1081
|
TSX
|
Mackenzie
Portfolio
Completion ETF
|
MPCF
|
$0.00396
|
55454D106
|
CA55454D1069
|
TSX
|
Mackenzie Global
Leadership Impact ETF
|
MWMN
|
$0.00000
|
55455C107
|
CA55455C1077
|
NEO
|
Mackenzie Ivy
Global
Equity ETF
|
MIVG
|
$0.02381
|
55454E104
|
CA55454E1043
|
TSX
|
Further information about Mackenzie ETFs can be found at
mackenzieinvestments.com.
Commissions, management fees, brokerage fees and expenses all
may be associated with Exchange Traded Funds. Please read the
prospectus before investing. Exchange Traded Funds are not
guaranteed, their values change frequently and past performance may
not be repeated.
The payment of distributions is not guaranteed and may
fluctuate. The payment of distributions should not be confused with
an Exchange Traded Fund's performance, rate of return or yield. If
distributions paid by the Exchange Traded Fund are greater than the
performance of the Exchange Traded Fund, your original investment
will shrink. Distributions paid as a result of capital gains
realized by an Exchange Traded Fund, and income and dividends
earned by an Exchange Traded Fund are taxable in your hands in the
year they are paid. Your adjusted cost base will be reduced by the
amount of any returns of capital. If your adjusted cost base goes
below zero, you will have to pay capital gains tax on the amount
below zero.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a
leading investment management firm providing investment advisory
and related services. With $127.2
billion in assets under management as of November 30, 2017, Mackenzie Investments
distributes its investment services through multiple distribution
channels to both retail and institutional investors. Mackenzie
Investments is a member of the IGM Financial Inc. (TSX: IGM) group
of companies. IGM Financial is one of Canada's premier financial services companies
with $157 billion in total assets
under management as of November 30,
2017. For more information, visit
mackenzieinvestments.com.
SOURCE Mackenzie Financial Corporation