Distribution: Estimates & Tax Factors

Calendar Year	Trust Funds	Corporate Class Funds*
2024	Pre-merger distributions Pre-merger distributions – October Year-end distribution estimates	n/a
2023	Pre-merger distributions Year-end distribution tax factors	n/a
2022	Year-end distribution tax factors	n/a
2021	Pre-merger distributions Year-end distribution tax factors	Pre-merger distributions Ordinary dividend distribution factors Capital gains distribution estimates
2020	Year-end distribution tax factors	Year-end capital gains distribution Year-end dividend distribution
2019	Year-end distribution tax factors	Year-end capital gains distribution  Year-end dividend distribution
2018	Year-end distribution tax factors	Year-end capital gains distribution  Year-end dividend distribution
2017	XLSX	XLSX  XLSX
2016	XLSX	XLSX
2015	XLSX	XLSX
2014	XLSX	n/a
2013	PDF	n/a
2012	PDF	n/a
2011	PDF	n/a
2010	PDF	n/a

 

Additional Resources

Whitepaper - A guide to investment fund distributions

 

The estimated distributions are based upon approximations and information that does not reflect the funds' full taxation year. The funds' actual year-end distributions will be determined upon completion of the current tax year and may differ significantly from the amounts shown here for a variety of reasons including the occurrence of events since the estimates were first tabulated and variances resulting from the estimation process. The estimated composition of the distribution estimates also shown here are similarly subject to significant variability and importantly may differ materially from the actual factors ultimately used in compiling reporting for tax purposes due to such variability and given that actual tax factors also take into account the amount and nature of other distributions previously made by the funds in the current tax year.

If a particular fund or series is not included in the distribution estimates file, it is because Mackenzie Investments does not project it will pay a year-end distribution in the current tax year.

Included with the distribution estimates and factors file is an indication of the percentage of a fund's NAV per unit represented by each distribution estimate. The size of the actual distribution estimate as a percentage of a fund's NAV per unit is subject to material variation and such indicative percentages should not be relied upon.

The payment of distributions is not guaranteed and may fluctuate. The payment of distributions should not be confused with a fund's performance, rate of return or yield. If distributions paid by the fund are greater than the performance of the fund, your original investment will shrink. Distributions paid as a result of capital gains realized by a fund, and income and dividends earned by a fund are taxable in your hands in the year they are paid. Your adjusted cost base will be reduced by the amount of any returns of capital. If your adjusted cost base goes below zero, you will have to pay capital gains tax on the amount below zero.

For Funds purchased using the U.S. Dollar Settlement Option funds, Mackenzie determines the U.S. dollar amount of each distribution by taking the Canadian dollar amount and converting it to a U.S. dollar amount using the exchange rate on the day of the distribution payment.

Mackenzie Investments provides estimated distributions for information purposes only. These estimates are not intended to be, nor should they be construed to be, legal or tax advice to any particular person.

*Trust Funds managed by Mackenzie Investments expect to make year-end distributions on or about December 20 and December 31 for funds having year-ends for tax purposes of December 15 and December 31 respectively.