Fidelity Investments Canada ULC Announces Estimated 2018 Annual Reinvested Capital Gains Distributions for Fidelity Dividend Factor ETFs

TORONTO, Nov. 23, 2018 /CNW/ - Fidelity Investments Canada ULC today announced the estimated 2018 annual reinvested capital gains distributions for Fidelity's suite of Dividend Factor ETFs ("Fidelity ETFs").

These estimates are for the annual capital gains distributions only, which will be reinvested and the resulting units immediately consolidated, so that the number of units held by each investor will not change.  These estimates do not include estimates of ongoing monthly distribution amounts.

We expect to announce the final annual reinvested distribution amounts, as well as the monthly cash distribution amounts, on or about December 18, 2018.  The ex-dividend date for the 2018 annual distributions will be December 24, 2018.  The record date for the 2018 annual distributions will be December 27, 2018 and payable on December 31, 2018.

The actual taxable amounts of reinvested and cash distributions for 2018, including the tax characteristics of the distributions, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2019.

Fidelity ETF Name	Ticker Symbol	Net asset value (NAV) per unit as of October 31, 2018 ($)	CUSIP	ISIN	Estimated annual capital gain per unit as of October 31, 2018 ($)	Estimated annual capital gain per unit as a % of NAV at October 31, 2018
Fidelity Canadian High Dividend Index ETF	FCCD	23.7949	31608M102	CA31608M1023	0.00316	0.01328%
Fidelity U.S. Dividend for Rising Rates Index ETF	FCRR	24.0545	31644M108	CA31644M1086	-	-
Fidelity U.S. Dividend for Rising Rates Currency Neutral Index ETF	FCRH	23.8279	31644P101	CA31644P1018	-	-
Fidelity U.S. High Dividend Index ETF	FCUD	24.1381	31645M107	CA31645M1077	-	-
Fidelity U.S. High Dividend Currency Neutral Index ETF	FCUH	23.9123	315740100	CA3157401009	-	-
Fidelity International High Dividend Index ETF	FCID	24.3381	31623D103	CA31623D1033	0.00401	0.01648%

Forward-looking information

This notice contains forward-looking statements with respect to the estimated December 2018 capital gains distributions for the Fidelity ETFs.  By their nature, these forward-looking statements involve risks and uncertainties that could cause the distributions to differ materially from those contemplated by the forward-looking statements.  Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the Fidelity ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.  In addition, given the short period of time since the September 18, 2018 launch date of the above Fidelity ETFs, there is more risk that the above estimated annual capital gains distributions may be materially different than the actual distributions.

About Fidelity Investments Canada ULC

Fidelity Investments Canada ULC is one of Canada's top investment management firms managing a total of $129 billion in mutual fund and institutional assets. This includes $35 billion in assets for institutional clients including public and corporate defined benefit pension and defined contributions plans, sub-advised programs, endowments, foundations and other corporate assets on behalf of clients across Canada as at October 31, 2018.

Fidelity Investments Canada ULC provides Canadian investors a full range of domestic, international and income oriented mutual funds, as well as asset allocation, managed solutions, ETFs and a high net worth program. Fidelity Funds are available through a number of advice-based distribution channels including financial planners, investment dealers, banks, and insurance companies.

Read a fund's prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed; their values change frequently and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors and may experience a gain or loss. 

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SOURCE Fidelity Investments Canada Limited

Chris Pepper, Vice-President, Corporate Affairs, Fidelity Investments Canada ULC, T: [phone], M: [phone], E: [email protected]

Related Links

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