Guardian Directed Equity Path ETF

Tickers

: GDEP
: GDEP.B

NAV: 07/23/2021
CAD $20.34
DAILY 0.74%

Series

NAV:
CAD $
DAILY %
NAV:
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Overview

The Guardian Directed Equity Path ETF is designed to empower prosperity through higher income and enhanced capital preservation. The ETF combines a select portfolio of global equities with a carefully constructed overlay of derivative strategies, managed by deeply experienced portfolio managers, to help investors achieve their goals.

Asset Class: Global Equities
Investor Journey:
Total Fund AUM: CAD $39,256,120.78
Management Fee: 0.85%
Risk Rating: Low to Medium

Portfolio Managers

Dino Bourdos, CFA
Portfolio Manager, Head of Investment Solutions - Guardian Capital LP
Denis Larose, CFA, FCIA, FSA
Chief Investment Officer – Guardian Capital LP

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Learn more about this fund

Highlights

Key reasons to invest

    • Higher, Persistent Annual IncomeMonthly distribution targets at a 4% annual rate. 1
    • Downside Protection Through use of option strategy.
    • Reduced Volatility Increases the probability of meeting retirement goals.

Performance

In accordance with National Instrument 81-102, performance cannot be shown until one year after a fund's inception.

Historical NAV

Disclaimer: The historical net asset value (NAV) chart above does not represent the performance of the ETF. It is shown to illustrate the daily movement of the NAV per Unit, which includes certain fees and expenses of the ETF but does not include reinvested distributions. Please note that the ETF’s Units trade on the TSX where investors will generally buy and sell the ETF’s Units at Market Price, which may be more or less than the value as the daily NAV. The NAV and the Market Price do not include any brokerage commissions or other trading fees incurred for buying or selling Units of the ETF.

1. As disclosed in the ETF's prospectus, the ETF intends to make monthly cash distributions based on a targeted annualized monthly distribution of 4% of the NAV per Unit at the end of the prior year. Distributions may consist of net income, dividends, net realized capital gains, and may also include return of capital.

Portfolio

Top Holdings

As of 06/30/2021
Ranks Holdings % Asset Mix
1Alphabet Inc. Class 'A'6.37
2iShares MSCI EAFE ETF5.81
3Facebook Inc. Class 'A'5.33
4UnitedHealth Group Incorporated5.22
5Microsoft Corporation5.21
6Home Depot Inc. (The)4.47
7Novo Nordisk AS Class 'B'4.45
8CME Group Inc. Class 'A'4.37
9EssilorLuxottica4.21
10Apple Inc.4.15
Geographic Breakdown
As of 06/30/2021
Sector Breakdown
As of 06/30/2021
Distributions
Distributions
SI $0.4486
SI $0.442
 2021$0.137
Feb-19$0.0685
Jan-22$0.0685
 2020$0.3116
Dec-23$0.0667
Nov-23$0.0667
Oct-23$0.0667
Sep-23$0.1115
 2021$0.1304
Feb-19$0.0652
Jan-22$0.0652
 2020$0.3116
Dec-23$0.0667
Nov-23$0.0667
Oct-23$0.0667
Sep-23$0.1115

For press releases on distributions please click here.

Disclaimer: This distribution data is for informational purposes only and should not be construed to be tax advice. Your own tax advisor must be consulted for advice. Distributions are paid in Canadian dollars unless otherwise stated. Each ETF makes distributions in accordance with the distribution policy stated in its Prospectus. Each of the ETFs has the ability to make distributions as returns of capital. The payment of distributions should not be confused with an ETF's performance, rate of return or yield. If distributions paid by the ETF are greater than the performance of the ETF, distributions paid may include a return of capital and an investor's original investment will decrease. A return of capital is not taxable to the investor, but will generally reduce the adjusted cost base of the securities held for tax purposes. If the adjusted cost base falls below zero, investors will realize capital gains equal to the amount below zero. Future distribution dates may be amended at any time. Reinvested distributions are not paid in cash but instead remain invested in the ETF. To recognize that reinvested distributions have been allocated to investors for tax purposes the amounts of these distributions should be added to the adjusted cost base of the units held. The characterization of distributions for tax purposes (such as dividends/other income/capital gains etc.) will not be known for certain until after the ETF's tax year end. Therefore investors will be informed of the tax characterization after year-end and not with each distribution. For tax purposes these amounts will be reported annually on official tax statements.

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