18:37:09 EDT Wed 01 May 2024
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Fidelity ETFs estimate 2023 reinvested distributions

2023-11-21 08:00 ET - News Release

See News Release (C-FCCD) Fidelity Canadian High Dividend ETF

Mr. Chris Pepper reports

FIDELITY INVESTMENTS CANADA ULC ANNOUNCES ESTIMATED 2023 ANNUAL REINVESTED CAPITAL GAINS DISTRIBUTIONS FOR FIDELITY ETFS AND ETF SERIES OF FIDELITY MUTUAL FUNDS

Fidelity Investments Canada ULC has estimated 2023 annual reinvested capital gains distributions for Fidelity's suite of exchange-traded funds and the ETF series units of Fidelity mutual funds. Please note that these are estimated amounts only (as of Oct. 20, 2023) for the Fidelity ETFs and (as of Oct. 31, 2023) for the Fidelity funds, 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 continuing periodic cash distribution amounts, which are reported separately.

Fidelity expects to declare the annual reinvested distribution amounts, as well as the monthly cash distribution amounts, on or about Dec. 18, 2023. The ex dividend date for the 2023 annual distributions will be Dec. 22, 2023. The record date for the 2023 annual distributions will be Dec. 27, 2023, and those distributions will be payable on Dec. 29, 2023.

The actual taxable amounts of reinvested and cash distributions for 2023, including the tax characteristics of the distributions, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2024.

We seek Safe Harbor.

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