2024 year-end ATB Fund distributions
Important dates and information regarding year-end distributions
Distribution date
ATB Investment Management Inc. processed year-end distributions to unitholders of the ATB Funds on Tuesday, December 31, 2024. The distribution was posted to unitholder accounts on Thursday, January 2, 2025.
Record Date: Monday, December 30*
Payment Date: Tuesday, December 31
*All existing unitholders, including those who placed a trade purchasing an ATB Fund on this date, were entitled to receive the distribution.
What this means
The record date was December 30, 2023. As such, an investor purchasing a fund qualifies as a unitholder of record on the trade date, therefore an investor who purchased units of an ATB Fund on December 30 was eligible to receive the distribution.
Investors who buy:
- On or before December 30, 2024 receive the distribution made end of day on December 31, 2024. The distribution was posted to their account on January 2, 2025.
- On or after December 31, 2024 were not eligible for the 2024 distribution.
Please be aware that while distributions were paid to unitholders on Tuesday, December 31, these transactions were processed overnight and were not visible in their dealer accounts until the next business day (Thursday, January 2, 2025). Unitholders with online access to their accounts saw (lower) post-distribution NAV applied to their existing units, prior to receipt of the distribution units, leading to an artificially lower than expected market value. Once unit transactions are processed by the dealer, the true market value is accurately reflected.
Tax factor breakdowns
Tax factor breakdowns for the 2024 distributions are anticipated to be made available in early March 2025, and will be posted to our Investor Information page.
Questions
Should you have any questions regarding ATBIM Fund distributions, please contact us at ATBFunds@atb.com.
Helpful resources
Learn about mutual fund distributions, what they are, why mutual funds pay them, and how they affect your taxes here.
This report has been prepared by ATB Investment Management Inc. (ATBIM). ATBIM is registered as a portfolio manager across various Canadian securities commissions, with the Alberta Securities Commission (ASC) being its principal regulator. ATBIM is also registered as an investment fund manager and manages the Compass Portfolios and the ATBIS Pools. ATBIM is a wholly owned subsidiary of ATB Financial and is a licensed user of the registered trademark ATB Wealth.
The most recent actual distributions can be found at https://atbim.atb.com/funds. The payment of distributions should not be confused with a fund’s performance, rate of return or yield. Past distributions and distribution estimates are not indicative of future distributions or performance. Professional legal and tax advice should always be obtained when dealing with legal and taxation issues as each individual’s situation is different. Mutual Funds are not insured by the Canada Deposit Insurance Corporation, nor guaranteed by ATBIM, ATB Securities Inc. (ATBSI), ATB Financial, the province of Alberta, any other government or any government agency. Commissions, trailing commissions, management fees, and expenses may all be associated with mutual fund investments. Read the fund offering documents provided before investing. The Compass Portfolios and ATBIS Pools include investments in other mutual funds. Information on these mutual funds, including the prospectus, is available on the internet at www.sedar.com.
Opinions, estimates, and projections contained herein are subject to change without notice and ATBIM does not undertake to provide updated information should a change occur. This information has been compiled or arrived at from sources believed reliable but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. ATB Financial, ATBIM and ATBSI do not accept any liability whatsoever for any losses arising from the use of this report or its contents.
This report is not, and should not be construed as an offer to sell or a solicitation of an offer to buy any investment. This report may not be reproduced in whole or in part; referred to in any manner whatsoever; nor may the information, opinions, and conclusions contained herein be referred to without the prior written consent of ATBIM.