OAKVILLE, Ontario–(BUSINESS WIRE)–Harvest Portfolios Group Inc. (“Harvest”) today announces the estimated annual reinvested distributions for Harvest ETFs for the 2022 tax year.
Please note these are estimated amounts only as of October 31, 2022 and could change due to events that occur between the date of these estimates and the date of the ETFs’ taxation year end. These events may include market movements, portfolio turnover, change in the amount of income earned, and subscriptions or redemptions of units prior to the ex-dividend date.
Each of the Harvest ETFs is required to distribute any income and capital gains that they have earned during the year. The annual distributions 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 the ETFs, and the net asset value of the ETFs will not change as a result of the non-cash distributions. The annual distributions will be reporte
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