iA Clarington Investments announces December 2023 cash and annual notional distributions for Active ETF Series
Toronto, December 28, 2023 / CNW/ - IA Clarington Investments Inc. (“iA Clarington”) today announced the December 2023 cash and annual capital gains notional distributions for its Active ETF Series. The record date for the distributions is December 29, 2023 and distributions are payable on January 09, 2024.
Annual capital gains distributions are notional distributions that are reinvested and the resulting units are immediately consolidated, so that the number of units held by each investor does not change.
The per-unit December distributions are detailed below:
| Active ETF Series | Ticker | Distribution per unit | Notional Distribution $ per unit | CUSIP |
|---|---|---|---|---|
| IA Clarington Core Plus Bond Fund | ICPB | 0.02227 | Not applicable(1) | 44931X109 |
| IA Clarington Floating Rate Income Fund | IFRF | 0.05124 | Not applicable(1) | 44932R101 |
| IA Clarington Loomis Global Allocation Fund | IGAF | 0.00000 | Not applicable(1) | 45075W104 |
| IA Clarington Loomis Global Multisector Bond Fund | ILGB | 0.00000 | Not applicable(1) | 45076L107 |
| IA Clarington Strategic Income Fund | ISIF | 0.02737 | 0.04869 | 44933N109 |
| IA Clarington Loomis Global Equity Opportunities Fund | IGEO | 0.00000 | Not applicable(1) | 44934G103 |
| IA Clarington Strategic Corporate Bond Fund | ISCB | 0.02812 | Not applicable(1) | 44934C102 |
| IA Wealth Enhanced Bond Pool | IWEB | 0.07174 | Not applicable(1) | 44934M100 |
(1) No annual capital gains notional distribution will be payable in respect of this Active ETF Series.
For more information about IA Clarington Active ETF Series, please visit iaclarington.com/ETF
About IA Clarington Investments Inc.
A subsidiary of Industrial Alliance Insurance and Financial Services Inc. – Canada’s fourth-largest life and health insurance company – iA Clarington offers a wide range of investment products, including actively managed mutual funds, managed portfolio solutions, Active ETF Series and socially responsible investments. As of November 30, 2023, iA Clarington has over $18 billion in assets under management. For more information, please visit iaclarington.com
Commissions, trailing commissions, management fees, brokerage fees and expenses all may be associated with mutual fund investments, including investments in exchange-traded series of mutual funds. The information presented herein may not encompass all risks associated with mutual funds. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The iA Clarington Funds are managed by IA Clarington Investments Inc. iA Clarington and the iA Clarington logo, iA Wealth and the iA Wealth logo, and iA Global Asset Management and the iA Global Asset Management logo are trademarks of Industrial Alliance Insurance and Financial Services Inc. and are used under license. iA Global Asset Management Inc. (iAGAM) is a subsidiary of Industrial Alliance Investment Management Inc. (iAIM).
The payment of distributions and distribution breakdown, if applicable, is not guaranteed and may fluctuate. The payment of distributions should not be confused with a Fund's performance, rate of return, or yield. If distributions paid by the Fund are greater than the performance of the Fund, then an investor’s original investment will shrink. Distributions paid as a result of capital gains realized by a Fund and income and dividends earned by a Fund are taxable in the year they are paid. An investor’s adjusted cost base will be reduced by the amount of any returns of capital. If an investor’s adjusted cost base goes below zero, then capital gains tax will have to be paid on the amount below zero.
For further information: Rob Martin, VP, Marketing & Communications, iA Clarington Investments, rob.martin@iaclarington.com, T: 416-860-9880 ext. 338070