Hamilton ETFs Confirms 2023 Annual Special Cash Distributions

The Special Cash Distributions will be paid in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETFs.

Hamilton Capital Partners Inc. (“Hamilton ETFs”) confirmed today the annual special cash distributions (“Special Cash Distributions”) for its suite of ETFs, all of which trade on the Toronto Stock Exchange, for the period ended December 31, 2023. Please note, this is an update to the estimated Special Cash Distributions previously announced on December 20, 2023.

ETFs are required to distribute any net income and capital gains earned in the year. The Special Cash Distributions will be paid in cash, or if the unitholder has enrolled in the dividend reinvestment plan (DRIP), reinvested in additional units of the ETFs. Note, the amounts below do not include the regular cash distributions announced on December 20, 2023.

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As noted and previously estimated, Hamilton ETFs confirmed that none of its ETFs will have an annual non-cash distribution for the 2023 tax year.

The record date for the Special Cash Distributions is December 29, 2023. The payment date for the Special Cash Distributions will be January 8, 2024. In early 2024, the tax characteristics of all 2023 distributions for the ETFs will be reported to brokers via CDS.

1. The Special Cash Distribution for Hamilton Australian Bank Equal-Weight Index ETF listed in the table is expected to be comprised of capital gains.
2. The Special Cash Distribution for Hamilton Canadian Bank Mean Reversion Index ETF listed in the table is expected to be comprised primarily of dividend income.

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