In a recent announcement, iA Clarington Investments Inc. revealed the details of its December 2024 cash distributions and annual notional distributions for the Active ETF Series. This update provides valuable information for investors regarding the upcoming payouts and distribution breakdown across various funds.
Unitholders who are on record as of December 30, 2024, are set to receive cash distributions, which will be payable on January 9, 2025. The annual capital gains distributions, classified as notional distributions that are reinvested, result in an immediate consolidation of units without altering the total number held by each investor.
Here is a breakdown of the per-unit December distributions for some key funds within the Active ETF Series:
Active ETF Series
| Fund | Ticker | Distribution per unit | Notional Distribution $ per unit | CUSIP |
| IA Clarington Core Plus Bond Fund | ICPB | 0.04676 | Not applicable(1) | 44931X109
|
For further details on all funds and their respective distribution amounts, refer to the complete list provided by iA Clarington Investments Inc. Investors can access additional information about IA Clarington’s Active ETF Series by visiting their official website at iaclarington.com/ETF.
iA Clarington Investments Inc., a subsidiary of Industrial Alliance Insurance and Financial Services Inc., stands out as a prominent player in Canada’s financial landscape. Offering a diverse range of investment products such as actively managed mutual funds, managed portfolio solutions, Active ETF Series, and socially responsible investments, iA Clarington manages over $22 billion in assets under management as of November 29, 2024.
As part of their commitment to transparency and investor education, iA Clarington emphasizes the importance of understanding associated costs like commissions, management fees, and expenses linked to mutual fund investments. It is crucial for investors to review the prospectus before making any investment decisions due to potential risks involved with mutual funds.
The payment of distributions and distribution breakdowns may fluctuate and are not guaranteed. Capital gains realized by a Fund along with income and dividends earned are taxable in the year they are paid out. Investors should not mistake distribution payments for indicative performance measures or yields but rather recognize them as separate components related to taxation obligations.
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By providing this detailed overview of iA Clarington’s Active ETF Series December 2024 Distributions alongside essential investment insights and considerations, investors can make well-informed decisions aligned with their financial goals.
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