Bristol Gate Capital Partners Inc. Announces Final Annual Reinvested Distributions for Bristol Gate ETFs

Bristol Gate Capital Partners Inc. has announced its final annual reinvested distributions for 2025 pertaining to the Bristol Gate Exchange-Traded Funds (ETFs). Unitholders recorded on December 31, 2025, will receive notional distributions that reflect net investment income and/or realized capital gains for the year. Importantly, these distributions involve a consolidation of units, ensuring that the number of units held by unitholders remains unchanged post-distribution.

The taxable amounts for these reinvested distributions, along with tax characteristics, will be communicated to brokers through the Clearing and Depository Services (CDS) within the first 60 days of 2026. All financial figures are expressed in Canadian dollars, unless indicated otherwise.

The distribution details for the Bristol Gate ETFs are as follows: - **Bristol Gate Concentrated Canadian Equity ETF (BGC):** No capital gain distribution, $0.36652 in eligible Canadian dividends, leading to a total reinvested distribution of $0.36652 per unit. - **Bristol Gate Concentrated US Equity ETF (BGU):** $2.74009 in capital gain distribution, no eligible Canadian dividends, resulting in a total distribution of $2.74009 per unit. - **Bristol Gate Concentrated US Equity ETF (USD Units) (BGU.U):** $1.99898 in capital gain distribution, no eligible Canadian dividends, amounting to $1.99898 per unit, reported in USD.

Bristol Gate Capital Partners is a Toronto-based, employee-owned investment management firm that employs predictive machine learning and fundamental analysis to identify quality companies poised for dividend growth. The firm manages approximately $2.8 billion in assets across its Canadian and U.S. equity strategies. For further details regarding their ETFs, visit their website or consult the prospectus and ETF facts.

Bristol Gate Capital Partners Inc. has announced its final annual reinvested distributions for its ETFs, providing critical tax information relevant to investors. The Bristol Gate Concentrated Canadian Equity ETF and the Bristol Gate Concentrated US Equity ETF had notable distributions for 2025, with the former yielding $0.36652 per unit primarily from eligible Canadian dividends and the latter offering a substantial capital gain distribution of $2.74009 per unit.

For stakeholders and potential investors, understanding the implications of reinvested distributions is essential. These distributions, which are reinvested rather than paid out in cash, can impact the investor's taxable income since the amounts must still be reported to the tax authorities. Moreover, for the Bristol Gate ETFs, the absence of capital gains distributions in the Canadian ETF could be indicative of a specific investment strategy that emphasizes dividend income over capital growth, aligning with the firm's focus on high-quality companies poised for dividend growth.

Given Bristol Gate's strategy that integrates machine learning with fundamental analysis, investors should consider the growth potential of their holdings, especially with the firm managing $2.8 billion in assets under management. Monitoring the ETF's performance in relation to its distributions is crucial, especially since the values of ETFs can fluctuate. Although the past performance may not predict future results, Bristol Gate's emphasis on dividend growth may provide an attractive option for income-seeking investors amid uncertain market conditions.

Overall, prospective investors should assess Bristol Gate’s offerings in the context of their financial objectives and risk tolerance, especially in light of changing tax liabilities associated with reinvested distributions. As always, reading the prospectus and evaluating personal investment goals are advised before making any commitments.