Business
BMO Announces Special Reinvested Distribution for BMO US Equity Accelerator Hedged to CAD ETF
BMO Announces Special Reinvested Distribution for BMO US Equity Accelerator Hedged to CAD ETF ...
About this update from Bank Of Montreal
[{"type":"text","content":"\n\n\n\n BMO Announces Special Reinvested Distribution for BMO US Equity Accelerator Hedged to CAD ETF\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n April 9, 2025\n \n\n /CNW/ - BMO Asset Management Inc., the manager of the BMO ETFs, today announced a special reinvested distribution for unitholders of BMO US Equity Accelerator Hedged to CAD ETF (Cboe Canada: ZUEA).\n \n\n The reinvested distributions for BMO US Equity Accelerator Hedged to CAD ETF generally represent net realized capital gains and net income. They are not paid in cash, but are reinvested in additional Canadian dollar denominated units of BMO US Equity Accelerator Hedged to CAD ETF at a price equal to the net asset value per unit of the BMO ETF.\n \n\n The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the special distribution will be equal to the number of units outstanding prior to the special distribution. Reinvested distributions will increase the unitholder's adjusted cost base for BMO US Equity Accelerator Hedged to CAD ETF. Non-resident unitholders may have the number of additional units reduced because of withholding tax.\n \n\n Unitholders of record at the close of business on March 28, 2025, will receive the reinvested distribution on April 9, 2025. The actual taxable amount of the special reinvested distribution, including its tax characteristic, will be reported to brokers through CDS Clearing and Depository Services Inc. (CDS) in early 2026.\n \n\n The special reinvested distribution amount per unit of BMO US Equity Accelerator Hedged to CAD ETF is as follows:\n \n\n\n\n\n\n\n\...