Emerge Announces Final Annual Distributions for Emerge ARK ETFs
TORONTO--(BUSINESS WIRE)--Dec 23, 2021--
Emerge Canada Inc. (“Emerge”) today announced the final annual capital gains distributions per unit for the exchange-traded series of units of the Emerge ARK ETFs set out below (the “Funds”) for the 2021 tax year.
These are for the year-end capital gains distribution only, which will be reinvested in additional units of the respective Fund at year-end. The additional units will be immediately consolidated with the previously outstanding units such that the net asset value per unit of the respective Fund following the distribution and reinvestment is the same as it would have been if the distribution had not been paid.
The record date for the distributions was December 22, 2021 and the distributions are payable on December 31, 2021. Details regarding the distribution amounts are as follows:
Annual Capital Gains
Emerge ARK Global Disruptive Innovation ETF
Emerge ARK Genomics & Biotech ETF
Emerge ARK Fintech Innovation ETF
Emerge ARK AI & Big Data ETF
Emerge ARK Autonomous Tech & Robotics ETF
Emerge ARK Space Exploration ETF
The actual taxable amounts of reinvested and cash distributions for 2021, including the tax characteristics of the distributions, will be reported to brokers through CDS Clearing and Depository Services Inc. in early 2022.
Distributions for the Funds will vary from period to period. For further information regarding the Distribution, please visitwww.emergecm.ca
Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). ETFs are not guaranteed; their values change frequently, and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the Funds. Investors may incur customary brokerage commissions in buying or selling ETF units. Please read the prospectus before investing in the Funds.
About Emerge Canada Inc.
Emerge Canada Inc. provides clients with elite investment strategies. Currently, Emerge offers the Funds, which are sub-advised by Emerge Capital Management Inc., which has retained ARK Investment Management LLC (“ARK Invest”) to provide investment advice in respect of the Funds.
ARK Invest is providing thematic research and investment recommendations for each of the Funds. Please find a brief description below.
ARK Invest is a Manhattan-based thematic disruptive innovation technology specialist that is headed by Catherine Wood, CEO/CIO and Founder. Cathie Wood is gaining broad industry recognition for her ground-breaking work in thematic disruptive investing. Accompanying Catherine Wood is an analyst team with deep subject matter expertise and is focused in the technology themes ARK Invest feels are the fastest growing in the world. ARK Invest, as well as being a leader in disruptive investing, has achieved strong performance and industry recognition. For more information, please visit www.emergecm.ca.
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Emerge Canada Inc.
Allison Langley, Marketing Manager
T: 416 934 1321
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: Emerge Canada Inc.
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PUB: 12/23/2021 01:40 PM/DISC: 12/23/2021 01:41 PM