Le Lézard
Classified in: Business
Subject: STOCK/OTHER MARKET NEWS

FT Portfolios Canada Co. Announces Estimated 2017 Annual Capital Gains Distributions for Its Exchange Traded Funds ("ETFs")


TORONTO, ONTARIO--(Marketwired - Dec. 14, 2017) - FT Portfolios Canada Co. today announced the estimated annual capital gains distributions for its ETFs listed below for the 2017 tax year.

Please note that these are estimated amounts only, as of December 1, 2017 and reflect forward looking information which may cause the estimates to change before the ETF's December 2017 tax year-end.

These estimates are for the year-end capital gains distributions only, which will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change. These estimates do not include estimates of ongoing monthly or quarterly distribution amounts.

First Trust expects to announce the final year-end distribution amounts, as well as the monthly and quarterly cash distribution amounts, on or about December 20, 2017. The record date for the 2017 annual distributions will be December 29, 2017, payable on January 8, 2018.

TSX Name TSX Ticker  
Estimated annual capital gain per unit as at December 1, 2017
 
First Trust Short Duration High Yield Bond ETF (CAD-Hedged) FSD $0.4759
FSD.A $0.4642
First Trust AlphaDEXtm U.S. Technology Sector Index ETF FHQ $0.2289
FHQ.F $0.0150
First Trust AlphaDEXtm U.S. Utilities Sector Index ETF FHU $0.4857
First Trust Dorsey Wright U.S. Sector Rotation Index ETF (CAD-Hedged) FSR $0.2513

Forward-looking Information

This notice contains forward-looking statements with respect to estimated December 2017 capital gains distributions for First Trust ETFs. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amount of distributions received by First Trust ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.


These press releases may also interest you

at 02:00
C.K. McWhorter, chairman of the McWhorter Foundation, voices concerns over outdated perspectives in corporate leadership, exemplified by recent remarks from Nelson Peltz regarding Disney's film direction. After encountering instances of racism and...

at 02:00
OKX, a leading crypto exchange by trading volume and a leading Web3 technology company, has issued updates for March 29, 2024. OKX...

at 00:25
Shanghai Junshi Biosciences Co., Ltd ("Junshi Biosciences," HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its financial...

at 00:24
In the news release, Roborock Reports 2023 Full Year Financial Results, issued 28-Mar-2024 by Roborock over PR Newswire, we are advised by the company that in the first bullet point of "Growth across Product Categories", the USD amount should read...

28 mar 2024
Royal Bank of Canada ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada"). "Today marks one of the most exciting times of our 155-year history and a pivotal milestone in our long-term growth story as we...

28 mar 2024
The opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2024 was held in Boao, south China's Hainan Province on Thursday, with China's top legislator Zhao Leji stressing China's economic potential, appealing to international investors...



News published on and distributed by: