OAKVILLE, Ontario (BUSINESS WIRE) – Harvest Portfolios Group Inc. (“Harvest”) today announces the revised final annual reinvested distributions for Harvest ESG Equity Income Index ETF (“HESG”) for the 2022 tax year. Please be advised that the distributions announced in this press release replace those stated in the January 4, 2023 press release for HESG.
This distribution will not be paid in cash but will be reinvested and immediately consolidated so that the number of units held by the unitholder, the units outstanding of HESG, and the net asset value of HESG will not change as a result of the non-cash distribution. The annual distribution will be reported as a taxable distribution and result in an increase to each unitholder’s adjusted cost base for HESG. The revised taxable amounts and nature of distribution for as either income or capital gains will be reported to brokers through CDS Clearing and Depository Services Inc. (“CDS”) prior to March 31, 2023.
The ex-dividend date for the 2022 annual reinvested distribution is December 29, 2022 for all unitholders of record on December 30, 2022.
Details regarding the final annual reinvested distribution amounts for Harvest ESG Equity Income Index ETF are below. These amounts do not include any ongoing monthly or quarterly cash distributions which are disclosed separately.
|Harvest ETFs||Ticker||Final Reinvested Capital Gain Distribution Per Unit||Final Reinvested Income Distribution Per Unit|
|Harvest ESG Equity Income Index ETF||HESG||$0.00000||$0.50988|
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $3.2 billion in assets for Canadian Investors. At Harvest ETFs, our guiding principles are premised on building wealth for our clients through ownership of strong businesses that have the potential to grow & generate steady income over time. Harvest ETFs offers an innovative suite of exchange traded funds, mutual funds and publicly-listed structured fund products designed to satisfy the long-term growth and income needs of investors. We pride ourselves in creating trusted investment solutions that meet the expectations of our investors.
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