JPMorgan Asset Management (Canada) Inc. Exchange Traded Funds 2024 Final Annual Reinvested Capital Gain Distributions [Canadian Business Journal (Canada)]
JP Morgan Chase & Co. (JPM)
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Source: Canadian Business Journal
TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) — J. P. Morgan Asset Management (JPMAM)* today announced the final annual reinvested capital gain distributions for the below listed JPMorgan ETFs (the “Funds”) for the 2024 tax year.The distributions are for the annual non-cash capital gains distributions, which are typically reinvested in additional units of the respective funds at the year-end, and do not include ongoing monthly, quarterly, semi-annual, or annual cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution.The actual taxable amounts of cash distributions for 2024, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2025.Details regarding the final distribution amounts are as follows:
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