Guardian Capital confirms special year-end ETF distributions, reinvested as new units, affecting 2024 taxes.

Guardian Capital has confirmed special year-end distributions for several of its ETFs for the 2024 tax year. These distributions, which include amounts like CAD$0.2452 for the Guardian Canadian Bond Fund, will be reinvested directly into more ETF units. Investors outside registered plans will need to report these as taxable income, increasing their investment's adjusted cost base. The actual tax details will be provided in early 2025.

December 31, 2024
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