TORONTO – January 4, 2021–Mackenzie Investments today announced a revision to the final year-end reinvested distribution for Mackenzie Canadian All Corporate Bond Index ETF that trades on the Aequitas NEO Exchange (“NEO”) for the 2020 tax year. Please note that this is an update to the final year-end reinvested distribution previously announced on December 23, 2020.
This is a distribution of undistributed net income and/or capital gains. The distribution will be reinvested in additional units of the ETF and does not include ongoing monthly 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.
The record date for this distribution is December 31, 2020. The actual taxable amounts distributed by the ETF in 2020, including the tax characteristics of these amounts, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2021.
Details of the revised final per-unit distribution amount is as follows: