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DRIP FAQs
What is the primary benefit of the Plan to a unitholder?The Plan provides a convenient way for unitholders to increase their respective holding in the Fund without incurring any brokerage commissions or service charges. How do I enroll in the Plan?Complete the applicable Enrolment Form(s) and forward to your investment dealer. Or... Contact the Investor Relations Department toll free at (866) 859-5957, or by fax at (403) 231-5780. What are the income tax implications associated with participation in the Plan?Selecting the option of re-investing your monthly distributions to purchase additional ordinary units does not relieve you of any liability for Canadian income that you otherwise would have had if you continued to receive your distribution in cash. Can I elect to have a portion of my monthly distribution directed into the Plan?There is nothing in the Plan itself that would prohibit this. However, it is recommended that the unitholder contact their investment dealer regarding conditions that might apply. Is there any limit on the number of times I can enroll and terminate my participation in the Plan?No. As long as you continue to satisfy the criteria for enrolment, reside in Canada and hold a minimum of 100 ordinary units, you are free to move in and out of the Plan on an ongoing basis. You must ensure that you complete the necessary documentation to effect your arrangements. What is the optional cash payment selection, is it related to the reinvestment option?The optional cash payment selection is another option under the Plan that allows unitholders to purchase additional units without incurring any brokerage commissions or service charges. To be eligible you must be a participant in the Distribution Reinvestment Plan. Optional cash payments are subject to a minimum and maximum of $100 and $1000 per month, respectively. These limitations are not cumulative. Can I sell the units that I hold in the Plan?Yes. Ordinary units acquired under the Plan will be credited to your account each month by your investment dealer. To sell any of your ordinary units, you will need to contact your investment dealer. Keep in mind that you must maintain a minimum holding of 100 ordinary units in your account to remain eligible for the Plan. |
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