Q: BMO Notice about ZRE ETF reinvested distributions. Amount they quote is 1.05 on their web site.
TORONTO, Dec. 18, 2020 /CNW/ - BMO Asset Management Inc. and BMO Investments Inc. today announced the 2020 annual reinvested distributions for BMO Exchange Traded Funds (BMO ETFs) and ETF Series of the BMO Mutual Funds (ETF Series)1. These annual reinvested distributions generally represent realized capital gains and special income within the BMO ETFs and ETF Series, and are paid to unitholders, as required, to ensure that the BMO ETFs and ETF Series are not liable for ordinary income tax.
Unitholders of record at close of business on December 30, 2020 will receive the 2020 annual reinvested distributions. The actual taxable amounts, including the tax characteristics, will be reported in 2021.
Please note that the cash distributions will be reported separately and may be applicable to some ETFs and/or ETF series making annual reinvested distributions.
TORONTO, Dec. 18, 2020 /CNW/ - BMO Asset Management Inc. and BMO Investments Inc. today announced the 2020 annual reinvested distributions for BMO Exchange Traded Funds (BMO ETFs) and ETF Series of the BMO Mutual Funds (ETF Series)1. These annual reinvested distributions generally represent realized capital gains and special income within the BMO ETFs and ETF Series, and are paid to unitholders, as required, to ensure that the BMO ETFs and ETF Series are not liable for ordinary income tax.
Unitholders of record at close of business on December 30, 2020 will receive the 2020 annual reinvested distributions. The actual taxable amounts, including the tax characteristics, will be reported in 2021.
Please note that the cash distributions will be reported separately and may be applicable to some ETFs and/or ETF series making annual reinvested distributions.