Advertisement
Canada markets closed
  • S&P/TSX

    21,969.24
    +83.86 (+0.38%)
     
  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     
  • DOW

    38,239.66
    +153.86 (+0.40%)
     
  • CAD/USD

    0.7316
    -0.0007 (-0.10%)
     
  • CRUDE OIL

    83.66
    +0.09 (+0.11%)
     
  • Bitcoin CAD

    86,183.44
    -1,846.95 (-2.10%)
     
  • CMC Crypto 200

    1,304.48
    -92.06 (-6.59%)
     
  • GOLD FUTURES

    2,349.60
    +7.10 (+0.30%)
     
  • RUSSELL 2000

    2,002.00
    +20.88 (+1.05%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • NASDAQ

    15,927.90
    +316.14 (+2.03%)
     
  • VOLATILITY

    15.03
    -0.34 (-2.21%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6838
    +0.0017 (+0.25%)
     

Guardian Capital Announces March 2024 Cash Distributions for Guardian Capital ETFs

Guardian Capital LP
Guardian Capital LP

TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending March 31, 2024, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”). In each case, the distribution will be paid on March 28, 2024 to unitholders of record on March 22, 2024. The ex-dividend date in each case is anticipated to be March 21, 2024, with the exception of Guardian Ultra-Short Canadian T-Bill Fund and Guardian Ultra-Short U.S. T-Bill Fund which are money market funds and which are anticipated to have an ex-dividend date of March 22, 2024.

Guardian Capital ETFs

Series of ETF
Units

Distribution
Frequency

Trading
Symbol

Exchange

Distribution Amount
(per ETF Unit)

Guardian Directed Equity Path Portfolio

Hedged ETF Units

Monthly

GDEP

TSX

CAD$0.0770

Guardian Directed Equity Path Portfolio

Unhedged ETF Units

Monthly

GDEP.B

TSX

CAD$0.0719

Guardian Directed Premium Yield Portfolio

Hedged ETF Units

Monthly

GDPY

TSX

CAD$0.1231

Guardian Directed Premium Yield Portfolio

Unhedged ETF Units

Monthly

GDPY.B

TSX

CAD$0.1164

GuardPathTM Managed Decumulation 2042 Fund

ETF Units

Monthly

GPMD

TSX

CAD$0.0667

Guardian Ultra-Short Canadian T-Bill Fund

ETF Units

Monthly

GCTB

TSX

CAD$0.2025

Guardian Ultra-Short U.S. T-Bill Fund

ETF Units

Monthly

GUTB.U

TSX

US$0.2145

GuardBondsTM 2024 Investment Grade Bond Fund

ETF Units

Monthly

GBFA

Cboe Canada

CAD$0.0430

GuardBondsTM 2025 Investment Grade Bond Fund

ETF Units

Monthly

GBFB

Cboe Canada

CAD$0.0370

GuardBondsTM 2026 Investment Grade Bond Fund

ETF Units

Monthly

GBFC

Cboe Canada

CAD$0.0310

GuardBondsTM 2027 Investment Grade Bond Fund

ETF Units

Monthly

GBFD

Cboe Canada

CAD$0.0440

GuardBonds TM 1-3 Year Laddered Investment Grade Bond Fund

ETF Units

Monthly

GBLF

Cboe Canada

CAD$0.0370

Guardian i3 Global Quality Growth ETF

Hedged ETF Units

Quarterly

GIQG

TSX

CAD$0.0143

Guardian i3 Global Quality Growth ETF

Unhedged ETF Units

Quarterly

GIQG.B

TSX

CAD$0.0143

Guardian i3 US Quality Growth ETF

Hedged ETF Units

Quarterly

GIQU

TSX

CAD$0.0190

Guardian i3 US Quality Growth ETF

Unhedged ETF Units

Quarterly

GIQU.B

TSX

CAD$0.0190

Guardian Canadian Bond Fund

ETF Units

Quarterly

GCBD

TSX

CAD$0.1324

Guardian Canadian Sector Controlled Equity Fund

Unhedged ETF Units

Quarterly

GCSC

TSX

CAD$0.0853

Guardian International Equity Select Fund

ETF Units

Quarterly

GIES

TSX

CAD$0.0110


About Guardian Capital LP
Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds and Guardian Capital ETFs, with capabilities that span a range of asset classes, geographic regions 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, which was founded in 1962. For further information on Guardian Capital LP, please call 416-350-8899 or visit www.guardiancapital.com.

ADVERTISEMENT

About Guardian Capital Group Limited
Guardian Capital Group Limited (“Guardian”) is a global investment management company servicing institutional, retail and private clients through its subsidiaries. As at December 31, 2023, Guardian had C$58.8 billion of total client assets while managing a proprietary investment portfolio with a fair market value of C$1.32 billion. Founded in 1962, Guardian’s reputation for steady growth, long-term relationships and its core values of authenticity, integrity, stability and trustworthiness have been key to its success over six decades. Its Common and Class A shares are listed on the Toronto Stock Exchange as GCG and GCG.A, respectively. To learn more about Guardian, visit www.guardiancapital.com.

For further information, please contact:
Angela Shim
AShim@guardiancapital.com

Caution Concerning 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 be 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 outcomes or events or the negative thereof. Forward-looking information in this press release may include statements with respect to management’s beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations. Such forward-looking information reflects management’s beliefs and is based on information currently available. The reader is cautioned not to put 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 Managed Decumulation 2042 Fund (the “GuardPath ETF”) is a unique investment fund structure and investors should carefully consider whether their financial condition and investment objectives are aligned with this retirement-focused investment.  The GuardPath ETF may be suitable for an investor primarily concerned about having sufficient income in retirement, especially in the later years of their life. It may not be suitable for an investor whose primary objective is to leave capital behind for their estate. The GuardPath ETF is not an insurance company, nor an insurance or annuity contract and unitholders will not have the protections of insurance laws. Distributions provided by the GuardPath ETF are not guaranteed or backed by an insurance company or any third party.  The long-term total return and the sustainability of the rate of distributions of the GuardPath ETF may be impacted by volatility and sequence of returns risk. This is not a complete list of the risks associated with an investment in the GuardPath ETF. Please refer to the prospectus of the GuardPath ETF for details.

This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase Guardian Capital ETFs and is not, and should not be construed as, investment, tax, legal or accounting advice, and should not be relied upon in that regard. Commissions, management fees and expenses all may be associated with investments in the Guardian Capital ETFs. Please read the prospectus before investing. For ETFs other than money market funds, unit values change frequently. ETFs are not guaranteed and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on the Toronto Stock Exchange (“TSX”) or Cboe Canada Inc. (“Cboe”). If the units are purchased or sold on the TSX or Cboe, investors may pay more than the current net asset value when buying 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 the Guardian Capital ETFs, are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances 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 the mutual fund units at a constant amount or that 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 licence.