Fidelity Investments Canada ULC ("Fidelity") today announced the estimated 2024 annual reinvested capital gains distributions for Fidelity's suite of ETFs ("Fidelity ETFs") and ETF Series units of Fidelity mutual funds ("Fidelity Funds"). Please note that these are estimated amounts only, as of the date set out in the tables below, and reflect forward-looking information, which means the estimates may change.

These estimates are for the annual capital gains distributions only, which will be reinvested, 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 periodic cash distribution amounts, which are reported separately.

We expect to announce the annual reinvested distribution amounts, as well as the monthly cash distribution amounts, on or about December 18, 2024. The ex-dividend date for the 2024 annual distributions will be December 27, 2024. The record date for the 2024 annual distributions will be December 27, 2024 and those distributions will be payable on December 31, 2024.

The actual taxable amounts of reinvested and cash distributions for 2024, including the tax characteristics of the distributions, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2025.

 

 

Forward-looking information

This press release contains forward-looking statements with respect to the estimated December 2024 capital gains distributions for the Fidelity ETFs and Fidelity Funds. By their nature, these forward-looking statements involve risks and uncertainties that could cause the 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 amounts of distributions received by the Fidelity ETFs and Fidelity Funds, portfolio transactions, currency hedging transactions, and subscription and redemption activity.

About Fidelity Investments Canada ULC

At Fidelity Investments Canada, our mission is to build a better future for our clients. Our diversified business serves financial advisors, wealth management firms, employers, institutions and individuals. As the marketplace evolves, we are constantly innovating and offering our clients choice of investment and wealth management products, services and technological solutions all backed by the global strength and scale of Fidelity. With assets under management of $269 billion (as at October 31, 2024), Fidelity Investments Canada is privately held and committed to helping our diverse clients meet their goals over the long term. Fidelity funds are available through financial advisors and online trading platforms.

Read a fund's prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed; their values change frequently and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors may experience a gain or loss.

Find us on social media @FidelityCanada

https://www.fidelity.caListen to FidelityConnects on Apple or Spotify

SOURCE Fidelity Investments Canada ULC

SOURCE: Fidelity Investments Canada ULC

For more information, please contact: Chris Pepper, Vice-President, Corporate
Affairs, Fidelity Investments Canada ULC, M: (416) 795-7762, E:
chris.pepper@fidelity.ca

COMTEX_460087208/2197/2024-11-22T16:53:00