Mackenzie Investments Announces January 2025 Distributions for its Exchange Traded Funds

Mackenzie Investments, a leading Canadian investment management firm, has recently announced the distributions for its exchange-traded funds (ETFs) for the month of January 2025. The distributions, which include capital gains, dividends, and return of capital, will be paid out to unitholders of record as of the ex-dividend date. The specific amounts and dates for each ETF can be found in the table below.

| ETF Ticker | Distribution Type | Amount per Unit | Ex-Dividend Date |
| --- | --- | --- | --- |
| MGRW | Capital Gain | $0.12 | January 15, 2025 |
| | Dividend | $0.05 | January 15, 2025 |
| | Return of Capital | $0.03 | January 15, 2025 |
| MBAL | Capital Gain | $0.08 | January 20, 2025 |
| | Dividend | $0.03 | January 20, 2025 |
| | Return of Capital | $0.02 | January 20, 2025 |

The distributions for Mackenzie Growth Allocation ETF (MGRW) and Mackenzie Balanced Allocation ETF (MBAL) are in line with their historical averages and industry benchmarks. The capital gains distributions reflect the appreciation in the value of the underlying assets, while the dividends represent the income generated by the fund's investments. The return of capital component indicates the portion of the distribution that is not taxable as income.



Investors should consider the tax implications of these distributions, particularly those holding the ETFs in non-registered accounts. The distributions can impact the overall performance and yield of the ETFs, as they represent the income generated by the fund's investments, which is then distributed to investors. Investors might consider the tax implications of these distributions when making investment decisions, as they can affect the net return on investment.

In conclusion, Mackenzie Investments' announcement of the January 2025 distributions for its ETFs provides valuable information for investors, allowing them to make informed decisions about their portfolios. The distributions are consistent with historical averages and industry benchmarks, and investors should consider the tax implications when evaluating the performance and yield of the ETFs.