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FT Portfolios Canada Co. Announces Revised Year End Distributions for 2014 for Certain of Its U.S. Sector Exchange Traded Funds


/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 12/11/15 -- FT Portfolios Canada Co. ("First Trust") announced today revised amounts for reinvested distributions of certain of its U.S. Sectors Exchange Traded Funds (the "ETFs") listed on the Toronto Stock Exchange for the year ending December 31, 2014.

Reinvested distributions generally represent realized capital gains and other income or special distributions received by ETFs over and above cash distributions paid out during the year and are paid to unitholders, as required, to ensure the ETFs are not liable for ordinary income tax.

The amount of the reinvested distributions noted below together with the amount of the cash distributions previously announced on December 18, 2014 and paid in January of this year, may not have changed, however the tax nature of the distributions may have. These changes are a result of changes during the year of the ETFs tax profile. Revised tax information for the cash and reinvested distributions will be available at www.firsttrust.ca. Revised tax slips will be issued to unitholders in early 2016 by your broker or intermediary.


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                                                                     Revised
                                                                  Reinvested
                                                          Fund  Distribution
Fund Name                                               Ticker        Amount
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First Trust AlphaDEX™ U.S. Financial Sector Index
 ETF                                                       FHF       $1.4234
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First Trust AlphaDEX™ U.S. Materials Sector Index
 ETF                                                       FHM       $0.3252
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First Trust AlphaDEX™ U.S. Industrials Sector Index
 ETF                                                       FHG       $1.2220
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First Trust AlphaDEX™ U.S. Technology Sector Index
 ETF                                                       FHQ       $2.2709
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First Trust AlphaDEX™ U.S. Utilities Sector Index
 ETF                                                       FHU       $1.8183
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Investors may need to file a revised 2014 income tax return. Please consult your tax advisor for more information on your particular tax situation.

Contacts:
FT Portfolios Canada Co.
416-865-8065 or 877-622-5552
www.firsttrust.ca