AGF Announces Final Distributions for AGFiQ Global Balanced ETF Portfolio and AGFiQ Global Income ETF Portfolio
December 06 2021 - 8:00AM
AGF Investments Inc. (TSX:AGF.B) (AGFI) today announced the
final cash distributions for AGFiQ Global Balanced ETF Portfolio
(ticker: QMA) and AGFiQ Global Income ETF Portfolio (ticker: QMY)
(each an “AGF ETF” and collectively, the “AGF ETFs”).
Unitholders of record of the AGFiQ ETFs on December 13, 2021 will
receive cash distributions payable on December 22, 2021.
Details regarding the final “per unit” distribution
amounts are as follows:
Fund Name |
Fund Ticker |
Exchange |
Cash Distribution Per Unit ($) |
AGFiQ Global Balanced ETF Portfolio |
QMA |
Toronto Stock Exchange |
$0.35 |
AGFiQ Global Income ETF Portfolio |
QMY |
Toronto Stock Exchange |
$0.30 |
As previously announced on October 15, 2021, the
AGFiQ ETFs will be terminated effective at the close of business on
or about December 15, 2021 (the “ETF Termination Date”).
Accordingly, AGFI will request to delist the units of the AGFiQ
ETFs from the Toronto Stock Exchange at the close of business on or
about December 15, 2021 (the “Delisting Date”), with all units
still held by securityholders being subject to a mandatory
redemption as of the ETF Termination Date.
Securityholders of the AGFiQ ETFs will be able to
sell their units on the Toronto Stock Exchange until the Delisting
Date. Any remaining securityholders of an AGFiQ ETF as at the ETF
Termination Date will receive the net proceeds from the liquidation
of the assets of the AGFiQ ETF, less all liabilities and all
expenses incurred in connection with the dissolution of the AGFiQ
ETF, on a pro rata basis.
Further information about the AGF ETFs can be found
at AGF.com.
ABOUT AGF MANAGEMENT LIMITED
Founded in 1957, AGF Management Limited (AGF) is an independent
and globally diverse asset management firm. AGF brings a
disciplined approach to delivering excellence in investment
management through its fundamental, quantitative, alternative and
high-net-worth businesses focused on providing an exceptional
client experience. AGF’s suite of investment solutions extends
globally to a wide range of clients, from financial advisors and
individual investors to institutional investors including pension
plans, corporate plans, sovereign wealth funds and endowments and
foundations.
AGF has investment operations and client servicing teams on the
ground in North America, Europe and Asia. With nearly $43 billion
in total assets under management and fee-earning assets, AGF serves
more than 700,000 investors. AGF trades on the Toronto Stock
Exchange under the symbol AGF.B.
About AGFiQ
AGFiQ is the quantitative investment platform for
AGF powered by an intellectually diverse, multi-disciplined team
that combines the complementary strengths of investment
professionals across AGF and its affiliates.
Disclaimer
ETFs are listed and traded on organized Canadian
exchanges and may only be bought and sold through licensed dealers.
Commissions, management fees and expenses all may be associated
with investing in ETFs. Exchange-traded funds are not guaranteed,
their values change frequently and past performance may not be
repeated. Tax, investment and all other decisions should be made,
as appropriate, only with guidance from a qualified professional.
There is no guarantee that ETFs will achieve their stated
objectives and there is risk involved in investing in the ETFs.
Before investing you should read the prospectus or relevant ETF
Facts and carefully consider, among other things, each ETF’s
investment objectives, risks, charges and expenses. A copy of the
prospectus and ETF Facts is available on AGF.com.
AGF Investments Inc. is a subsidiary of AGF.
Media Contact
Amanda Marchment Director, Corporate Communications
416-865-4160 amanda.marchment@agf.com
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