Desjardins announces 2024 estimated annual reinvested distributions for Desjardins ETFs
Montreal, December 23, 2024 – Desjardins Investments Inc. (DI), acting as manager for Desjardins Exchange Traded Funds (ETFs), announces today the estimated annual reinvested income and/or capital gains distributions (the “reinvested distributions”) for the ETFs listed on the TSX. Unitholders of record on December 31, 2024 will receive the reinvested distributions payable in respect of these ETFs on or about January 8, 2025. 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 estimated amounts are for the reinvested distributions only, and do not include the ongoing periodic cash distribution amounts which are being announced in a separate press release.
Please note that these are estimated reinvested distributions only, based on data as of December 13, 2024 and subject to further revisions to per unit amounts prior to the record date. DI expects to issue a press release on or about December 31, 2024 confirming the final amounts of the reinvested distributions for all ETFs. The amounts of the reinvested distributions are estimated amounts only and may vary between December 23, 2024 and December 31, 2024.
Here is a list of the ETFs that will pay distributions for December 2024 as well as the estimated reinvested distribution amount to be paid per unit:
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.
3 The reinvested distributions for the ETF are expected to be income and capital gains in nature.
4 Denominated in U.S. dollar.
To obtain additional information about the Desjardins ETFs, visit the manager’s website at www.desjardinsETF.com.
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 Investment Inc. is the manager of the Desjardins Exchange Traded Funds. The Desjardins Exchange Traded Funds are offered by registered dealers.
For more information (media inquiries only):
Public relations, Desjardins Group
514-281-7000 or 1-866-866-7000, ext. 5553436
media@desjardins.com