Fidelity Investments Canada ULC Announces Final 2020 Annual Reinvested Capital Gains Distributions for Fidelity ETFs

TORONTO, Dec. 24, 2020 /CNW/ - Fidelity Investments Canada ULC ("Fidelity") today announced the final 2020 annual reinvested capital gains distributions for Fidelity's suite of ETFs ("Fidelity ETFs").

On November 23, 2020 and December 18, 2020, Fidelity announced the estimated 2020 annual reinvested capital gains distributions for the Fidelity ETFs. Subsequent to these announcements, investor activity has led to changes to the annual capital per unit for the Fidelity ETFs, including material changes for Fidelity U.S. High Quality Index ETF (FCUQ), Fidelity U.S. High Quality Currency Neutral Index ETF (FCQH), Fidelity International High Quality Index ETF (FCIQ) and Fidelity Global Core Plus Bond ETF (FCGB). Please be advised that the distributions announced in this press release replace those stated in the November 23, 2020 and December 18, 2020 press releases for the Fidelity ETFs.

These rates are for the annual 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 rates do not include the ongoing periodic cash distribution amounts.

The ex-dividend date for the 2020 annual distributions is today, December 24, 2020. The record date for the 2020 annual distributions will be December 29, 2020 and those distributions will be payable on December 31, 2020.

The actual taxable amounts of reinvested and cash distributions for 2020, including the tax characteristics of the distributions, will be reported to the brokers through CDS Clearing and Depository Services Inc. in early 2021.

About Fidelity Investments Canada ULC

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals.

As a privately-owned company, our people and world class resources are committed to doing what is right for investors and their long-term success. Our clients have entrusted us with $171 billion in assets under management (as at December 22, 2020) and they include individuals, financial advisors, pension plans, endowments, foundations and more.

We are proud to provide investors a full range of investment solutions through mutual funds and exchange-traded funds, including domestic, international and global equity, income-oriented strategies, asset allocation solutions, managed portfolios, sustainable investing and our high net worth program. Fidelity Funds are available through a number of advice-based distribution channels including financial planners, investment dealers, banks, and insurance companies.

Read a fund's prospectus and consult your financial advisor before investing. Exchange-traded funds are not guaranteed, their values change frequently, and past performance may not be repeated. Commissions, management fees, brokerage fees and expenses may all be associated with investments in exchange-traded funds and investors and may experience a gain or loss.

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SOURCE Fidelity Investments Canada ULC