TORONTO, Dec. 20, 2024 /CNW/ - TD Asset Management Inc. ("TDAM") today announced the final annual 2024 reinvested distributions for certain TD Exchange-Traded Funds listed below (the "TD ETFs"). These annual reinvested distributions generally represent realized capital gains within the TD ETFs. Cash distributions for December 2024 will be distributed and reported separately.
Unitholders of record as of December 31, 2024 will receive a notional distribution at year-end representing realized capital gains within the TD ETFs for the 2024 tax year. A notional distribution is when the units from a reinvested distribution are immediately consolidated with the units held prior to the distribution and the number of units held after the distribution is identical to the number of units held before the distribution.
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