Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

AGF Announces Final Distributions for AGFiQ ETFs for 2017

TORONTO, Dec. 28, 2017 (GLOBE NEWSWIRE) -- AGF Investments Inc. (AGF) today announced the final December 2017 cash distributions and annual 2017 reinvested capital gains distributions for the AGFiQ ETFs listed on the Toronto Stock Exchange.

Unitholders of record of an AGFiQ ETF on December 29, 2017 will receive (i) the actual 2017 reinvested capital gains distributions payable in respect of that AGFiQ ETF on December 29, 2017; and (ii) the actual December 2017 cash distributions payable in respect of that AGFiQ ETF on January 4, 2018. The actual taxable amounts for 2017, including the tax characteristics, will be reported in early 2018.

The annual reinvested capital gains distributions generally represent realized capital gains within the AGFiQ 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 AGFiQ ETF may increase.

Details regarding the final “per unit” cash and reinvested capital gains distribution amounts are as follows: 

Fund Name Fund Ticker Final Cash Distribution Per Unit ($)Final Annual Reinvested Capital Gains Distribution Per Unit ($)
AGFiQ Enhanced Core Canadian Equity ETFQCD0.3019490.000000
AGFiQ Enhanced Core U.S. Equity ETFQUS0.1205700.002137
AGFiQ Enhanced Core International Equity ETFQIE0.2165660.002669
AGFiQ Enhanced Core Emerging Markets Equity ETFQEM0.3715350.000000
AGFiQ Global Equity Rotation ETFQGL0.3372360.270102
AGFiQ MultiAsset Allocation ETFQMA0.4093270.739108
AGFiQ MultiAsset Income Allocation ETF  QMY0.3358130.144563

Further information about the AGFiQ ETFs can be found at AGFiQ.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 a diversified global asset management firm with retail, institutional, alternative and high-net-worth businesses. As an independent firm, AGF brings a disciplined approach to delivering excellence in investment management and providing an exceptional client experience. AGF’s suite of diverse 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 approximately $37 billion in total assets under management, AGF serves more than one million investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

Media Contact

Amanda Marchment
Director, Corporate Communications
416-865-4160
[email protected] 

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).