TORONTO, Nov. 28, 2016 /CNW/ - FT Portfolios Canada
Co. today announced the estimated annual capital gains
distributions for its Exchange Traded Funds listed below for the
2016 tax year. Please note that these are estimated amounts only
as of November 21, 2016 and reflect
forward looking information which may cause the estimates to change
before the ETF's December 2016 tax
year-end.
These estimates are for the year-end capital gains distributions
only, which will be re-invested 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 19,
2016. The record date for the 2016 annual distributions will
be December 30, 2016, payable on
January 9, 2017.
|
TSX
Name
|
TSX
Ticker
|
Estimated
annual capital
gain per unit
as at
November 21,
2016
|
|
First Trust
AlphaDEXtm U.S. Consumer Staples Sector Index
ETF
|
FHC
|
$0.7363
|
|
First Trust
AlphaDEXtm U.S. Technology Sector Index ETF
|
FHQ
|
$0.2731
|
|
First Trust
AlphaDEXtm U.S. Utilities Sector Index ETF
|
FHU
|
$1.2299
|
Forward-looking Information
This notice contains
forward-looking statements with respect to estimated December 2016 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.
SOURCE FT Portfolios Canada Co.