PR Newswire | Dec 22, 2021 09:01AM EST

Active ETFs

12/22 08:00 CST

Dynamic Funds announces estimated year-end reinvested distributions for Dynamic Active ETFs TORONTO, Dec. 22, 2021

TORONTO, Dec. 22, 2021 /CNW/ - Dynamic Funds today announced the estimated year-end reinvested distributions for the Dynamic Active ETFs listed on the TSX for the 2021 tax year. Please note that these are estimated amounts only and have been calculated based upon information as of December 15, 2021. The final distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors.

These are estimated year-end distributions of undistributed capital gains, which will be reinvested in additional units of the respective Dynamic Active ETFs and do not include any cash distribution amounts for December. The additional units will be immediately consolidated so that the number of units outstanding following the distribution will equal the number of units outstanding before the distribution.

We expect to announce the final year-end reinvested distribution amounts on or about December 30, 2021. The record date for the 2021 year-end distributions will be December 31, 2021, payable on January 6, 2022.

The actual taxable amounts of reinvested distributions for 2021, including the tax characteristics of the distributions, will be reported to CDS Clearing and Depository Services Inc. in early 2022. Securityholders can contact their brokerage firm for this information.

The estimated reinvested distribution amounts per unit are:

Estimated reinvested Ticker distribution per Dynamic Active ETF name symbol unit (TSX) ($)

Dynamic Active Canadian Dividend ETF DXC 1.356

Dynamic Active Crossover Bond ETF DXO 0.440

Dynamic Active Emerging Markets ETF DXEM 0.066

Dynamic Active Energy Evolution ETF DXET 0.150

Dynamic Active Global Dividend ETF DXG 3.315

Dynamic Active Global Financial Services ETF DXF 5.206

Dynamic Active Global Infrastructure ETF DXN 0.461

Dynamic Active International Dividend ETF DXW 0.000

Dynamic Active International ETF DXIF 0.201

Dynamic Active Investment Grade Floating RateDXV 0.004 ETF

Dynamic Active Preferred Shares ETF DXP 0.000

Dynamic Active Retirement Income+ ETF DXR 0.140

Dynamic Active Tactical Bond ETF DXB 0.000

Dynamic Active U.S. Dividend ETF DXU 5.368

Dynamic Active U.S. Mid-Cap ETF DXZ 0.535

Forward-looking informationThis notice contains forward-looking statements with respect to the year-end reinvested distributions for the Dynamic Active ETFs. By their nature, these forward-looking statements involve risks and uncertainties that could cause the final distributions to differ materially from the estimated distributions in this notice. Factors that could cause the actual distributions to differ include, but are not limited to, the actual amounts of distributions received by the Dynamic Active ETFs; trading activity within the Dynamic Active ETFs, including buying and selling of securities; and subscription and redemption activity.

For more information about these and the other Dynamic Active ETFs, please visit Dynamic.ca/ETF.

Commissions, management fees and expenses all may be associated with mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. The securities held by the ETFs can change at any time without notice. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

About Dynamic FundsDynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, actively managed ETFs, investment solutions for private clients, institutions and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. (r) Dynamic Funds is a registered trademark of its owner, used under license.

Website:www.dynamic.ca |Twitter@DynamicFunds | LinkedIn https://www.linkedin.com/company/dynamic-funds/

SOURCE Dynamic Funds