04:42:20 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Hamilton US Mid/Small-Cap Financials ETF
Symbol HUM
Shares Issued 1,792,552
Close 2022-12-20 C$ 24.70
Market Cap C$ 44,276,034
Recent Sedar Documents

Hamilton ETFs declare December, special distributions

2022-12-20 17:16 ET - News Release

See News Release (C-HYLD) Hamilton Enhanced US Covered Call ETF

Mr. Patrick Sommerville reports

HAMILTON ETFS ANNOUNCES DECEMBER 2022 AND ESTIMATED SPECIAL CASH DISTRIBUTIONS

Hamilton Capital Partners Inc. (Hamilton ETFs) has declared the regular cash distributions and has provided an update on its estimated annual special cash distributions for its suite of ETFs (exchange-traded funds), all of which trade on the Toronto Stock Exchange, for the period ended Dec. 31, 2022.

Regular cash distributions

The ex dividend date for these distributions is anticipated to be Dec. 29, 2022, for all unitholders of record on Dec. 30, 2022. The distributions will be paid in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETF, on or about Jan. 12, 2023.

Distributions will vary from period to period.

Updated estimated special cash distributions

Hamilton ETFs also announces today an update to its estimated special cash distributions to be paid to ETF unitholders for the 2022 tax year (see attached table). Please note this is an update to the estimated special cash distributions previously announced on Dec. 6, 2022.

ETFs are required to distribute any net income and capital gains earned in the year. The distributions labelled as "estimated special cash distributions per unit" in the attached table (special cash distributions) will be paid in cash, or if the unitholder has enrolled in the DRIP, reinvested in additional units of the ETFs, on or about Jan. 12, 2023. The special cash distribution rates in the attached table are presented on an estimated basis. A press release confirming the final special cash distributions will be disseminated on or about the record date of the distributions.

The ETFs are not expected to announce any annual non-cash distributions for the 2022 tax year, based on current estimated distributions, as presented in the attached table. The final annual non-cash distributions, if there are any, will not be paid in cash but will be reinvested and reported as taxable distributions, and will be used to increase each unitholder's adjusted cost base for the respective ETF.

The ex dividend date for the special cash distributions and any potential annual non-cash distributions is anticipated to be Dec. 29, 2022, for all unitholders of record on Dec. 30, 2022. In early 2023, the tax characteristics of all 2022 distributions will be reported to brokers via CDS.

About Hamilton Capital Partners Inc. (Hamilton ETFs)

Hamilton ETFs is a Canadian investment manager specializing in the global financial services sector. With over $1.8-billion in assets under management, the firm offers a suite of exchange-traded funds including both rules-based and actively managed mandates. Hamilton ETFs is also an active commentator on the global financial services sector.

We seek Safe Harbor.

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