ETFs
Guardian Capital Announces May 2024 Cash Distributions for Guardian Capital ETFs
Guardian Capital LP
TORONTO, May 15, 2024 (GLOBE NEWSWIRE) — Guardian Capital LP announces the following regular cash distributions for the period ending May 31, 2024, with respect to the ETF Series of the Guardian Capital Funds listed below (the “ETFs Guardian Capital. In each case, the distribution will be paid on May 31, 2024 to unitholders of record on May 24, 2024. The ex-dividend date in each case is expected to be May 23, 2024, with the exception of Guardian Ultra-Short Canadian. T-Bill Fund and Guardian Ultra-Short US T-Bill Fund, which are money market funds and have an ex-dividend date of May 24, 2024.
Guardian Capital ETFs |
ETF Unit Series |
Distribution |
Trade |
Exchange |
Amount distributed |
Guardian-Led Equity Pathway Portfolio |
ETF Shares Hedged |
Monthly |
PIBP |
Toronto Stock Exchange |
$0.0770 CAD |
Guardian-Led Equity Pathway Portfolio |
Unhedged ETF Units |
Monthly |
GDPP.B |
Toronto Stock Exchange |
$0.0719 CAD |
High Yield Portfolio Led by Guardian |
ETF Shares Hedged |
Monthly |
GDPR |
Toronto Stock Exchange |
$0.1231 CAD |
High Yield Portfolio Led by Guardian |
Unhedged ETF Units |
Monthly |
GDPY.B |
Toronto Stock Exchange |
$0.1164 CAD |
GuardPathTM 2042 Managed Disbursement Fund |
ETF Units |
Monthly |
GPMD |
Toronto Stock Exchange |
$0.0667 CAD |
Guardian Ultra-Short Canadian T-Bill Fund |
ETF Units |
Monthly |
GCTB |
Toronto Stock Exchange |
$0.2000 CAD |
Guardian Ultra-Short US Treasury Fund |
ETF Units |
Monthly |
GUTB.U |
Toronto Stock Exchange |
0.2140 USD$ |
GuardBondsTM 2024 Investment Grade Bond Fund |
ETF Units |
Monthly |
GBFA |
Cboe Canada |
$0.0460 CAD |
GuardBondsTM 2025 Investment Grade Bond Fund |
ETF Units |
Monthly |
GBFB |
Cboe Canada |
$0.0310 CAD |
GuardBondsTM 2026 Investment Grade Bond Fund |
ETF Units |
Monthly |
GBFC |
Cboe Canada |
$0.0310 CAD |
GuardBondsTM 2027 Investment Grade Bond Fund |
ETF Units |
Monthly |
GBFD |
Cboe Canada |
$0.0400 CAD |
GuardBondsTM 1-3 Year Laddered Investment Grade Bond Fund |
ETF Units |
Monthly |
GBLF |
Cboe Canada |
$0.0360 CAD |
About Guardian Capital LP
Guardian Capital LP is the manager and portfolio manager of Guardian Capital Funds and Guardian Capital ETFs, with capabilities that span a range of asset classes, geographies and specialty mandates. Additionally, Guardian Capital LP manages portfolios for institutional clients such as defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and investment funds. Guardian Capital LP is a wholly owned subsidiary of Guardian Capital Group Limited and the successor to its original investment management business, founded in 1962. For more information about Guardian Capital LP, please call 416-350-8899 or visit www.guardiancapital.com.
About Guardian Capital Group Limited
Guardian Capital Group Limited (“Guardian”) is a global investment management company serving institutional, retail and private clients through its subsidiaries. As of March 31, 2024, Guardian held total client assets of C$61.3 billion while managing a proprietary investment portfolio with a fair market value of C$1.25 billion. Founded in 1962, Guardian’s reputation for steady growth, long-term relationships and its core values of authenticity, integrity, stability and reliability have been key to its success for six decades. Its common and Class A shares are listed on the Toronto Stock Exchange under the names GCG and GCG.A, respectively. To learn more about Guardian, visit www.guardiancapital.com.
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For more information, please contact:
Angela Shim
AShim@guardiancapital.com
Caution Regarding Forward-Looking Statements
Certain information included in this press release may constitute forward-looking information within the meaning of applicable Canadian securities laws. All information other than statements of historical fact may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plan”, “continue” or similar expressions suggesting future results or events or their negative aspects. Forward-looking information in this press release may include statements regarding management’s beliefs, plans, estimates and intentions, as well as similar statements regarding anticipated future events, results, circumstances, performance or expectations. This forward-looking information reflects management’s beliefs and is based on currently available information. The reader is cautioned not to place undue reliance on forward-looking information, as there can be no assurance that actual results will be consistent with such forward-looking information. Guardian Capital LP undertakes no obligation, except as required by applicable law, to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Unlike traditional exchange-traded funds (“ETFs”), the GuardPathTM The Managed Decumulation Fund 2042 (the “GuardPath ETF”) is a unique investment fund structure and investors should carefully consider whether their financial situation and investment objectives are aligned with this retirement-focused investment. The GuardPath ETF may be suitable for an investor primarily concerned with having sufficient income in retirement, particularly in the later years of life. It may not be suitable for an investor whose primary objective is to leave capital for their estate. The GuardPath ETF is not an insurance company, insurance or annuity contract and unitholders will not benefit from the protections of insurance laws. Distributions provided by the GuardPath ETF are not guaranteed or backed by any insurance company or third party. The long-term total return and payout rate sustainability of the GuardPath ETF may be affected by volatility and sequence of returns risk. This is not a complete list of risks associated with investing in the GuardPath ETF. Please refer to the GuardPath ETF prospectus for further details.
This communication is intended for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy Guardian Capital ETFs and does not constitute, and should not be construed as, investment advice , tax, legal or accounting, and should not be relied upon in this regard. Commissions, management fees and expenses may all be associated with investments in Guardian Capital ETFs. Please read the prospectus before investing. For ETFs other than money market funds, the unit value changes frequently. ETFs are not guaranteed and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you buy or sell units of an ETF on the Toronto Stock Exchange (“TSX”) or Cboe Canada Inc. (“Cboe”). If units are purchased or sold on the TSX or Cboe, investors may pay more than the current net asset value when purchasing units of the ETF and may receive less than the current net asset value when selling them. ETF and mutual fund securities, including units of Guardian Capital ETFs, are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the Guardian Ultra-Short Canadian T-Bill Fund or the Guardian Ultra-Short U.S. T-Bill Fund will be able to maintain the net asset value per unit of mutual fund units at a constant amount or that the The full amount of your investment in these money market funds will be returned to you.
All trademarks, registered and unregistered, are owned by Guardian Capital Group Limited and are used under license.