TORONTO, Nov. 21, 2018 (GLOBE NEWSWIRE) -- FT Portfolios Canada Co. today announced the estimated annual capital gains distributions for its ETFs listed below for the 2018 tax year.
Please note that these are estimated amounts only, as of October 30, 2018 and reflect forward looking information which may cause the estimates to change before the ETF’s December 2018 tax year-end.
These estimates are for the year-end 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 or quarterly distribution amounts.
First Trust expects to announce the final year-end distribution amounts, as well as the monthly and quarterly cash distribution amounts, on or about December 18, 2018. The record date for the 2018 annual distributions will be December 31, 2018, payable on January 8, 2019.
| TSX Name | TSX Ticker | Estimated annual capital gain per unit as at Oct 30, 2018 | |
| First Trust AlphaDEXTM U.S. Consumer Discretionary Sector Index ETF | FHD | $1.4989 | |
| First Trust AlphaDEXTM U.S. Consumer Staples Sector Index ETF | FHC | $0.6716 | |
| FHC.F | $0.1730 | ||
| First Trust AlphaDEXTM U.S. Energy Sector Index ETF | FHE | $7.3968 | |
| First Trust AlphaDEXTM U.S. Financial Sector Index ETF | FHF | $0.0040 | |
| First Trust AlphaDEXTM U.S. Health Care Sector Index ETF | FHH | $0.2344 | |
| First Trust AlphaDEXTM U.S. Industrials Sector Index ETF | FHG | $0.8400 | |
| FHG.F | $1.2180 | ||
| First Trust AlphaDEXTM U.S. Technology Sector Index ETF | FHQ | $3.7268 | |
| FHQ.F | $1.0203 | ||
| First Trust Dorsey Wright U.S. Sector Rotation Index ETF (CAD-Hedged) | FSR | $1.2767 | |
Forward-looking information
This notice contains forward-looking statements with respect to estimated October 2018 capital gains distributions for First Trust ETFs. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual 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 amount of distributions received by First Trust ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.
For further information, please contact: FT Portfolios Canada Co.
416-865-8065/877-622-5552