Guardian Capital Group

Guardian Capital Group Limited to Acquire Sterling Capital Management LLC

Retrieved on:

Friday, February 2, 2024

GCG, Pedigree, Growth, BofA Securities, Organization, TSX, Truist Financial, Acquisition, TFC, Culture, Cherry Bekaert, Guardian Capital Group

TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that it has reached an agreement under which Guardian’s wholly-owned subsidiary Guardian Capital LLC will acquire Sterling Capital Management LLC (Sterling) from Truist Financial Corporation (Truist) (NYSE: TFC).

Key Points:

TORONTO, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that it has reached an agreement under which Guardian’s wholly-owned subsidiary Guardian Capital LLC will acquire Sterling Capital Management LLC (Sterling) from Truist Financial Corporation (Truist) (NYSE: TFC).
Sterling’s rich pedigree has allowed it to expand a successful business that today has approximately US$76 billion (C$100 billion) in assets under management and advisement.
“We are thrilled for this new chapter for Sterling Capital Management and the opportunities for growth that this transition provides,” said Scott Haenni, CEO of Sterling.
“This path forward is a win-win-win for Sterling Capital, Guardian, and Truist, as it allows Sterling Capital to grow as an independently-managed investment management firm poised for continued long-term growth under Guardian’s strategic oversight while continuing to partner with Truist on shared relationships and opportunities.

Guardian Capital Group Limited Renews Normal Course Issuer Bid

Retrieved on:

Friday, December 15, 2023

Trustee, Guardian Capital Group, TSX, GCG, Toronto Stock Exchange, Indian stock exchange, Security (finance)

All shares purchased by Guardian (but not those purchased by the Trustee) will be cancelled.

Key Points:

All shares purchased by Guardian (but not those purchased by the Trustee) will be cancelled.
Pursuant to its most recent Normal Course Issuer Bid, under which Guardian sought and received approval from the TSX to purchase up to 137,468 Common Shares and 1,623,612 Class A Shares for the period from December 19, 2022 to December 18, 2023, Guardian and the Trustee purchased 0 Common Shares and 1,095,091 Class A Shares at an average purchase price of $35.50 per Class A Share.
The average daily trading volume for Guardian’s shares on the TSX during the period from June 1, 2023 to November 30, 2023, excluding purchases made by Guardian under its Normal Course Issuer Bid and by the Trustee during the same period, was as follows: 416 Common Shares; and 5,193 Class A Shares.
Except as otherwise permitted by the TSX, daily purchases under the bid will be limited to 1,000 Common Shares and 1,298 Class A Shares, other than block purchase exceptions.

Guardian Capital Announces November 2023 Distributions for Guardian Capital ETFs

Retrieved on:

Thursday, November 16, 2023

ETF, Capital, Guardian Capital Group, Clothing

TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending November 30, 2023, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”).

Key Points:

TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending November 30, 2023, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”).
In each case, the distribution will be paid on November 30, 2023 to unitholders of record on November 24, 2023.
The ex-dividend date in each case is November 23, 2023, with the exception of Guardian Ultra-Short Canadian T-Bill Fund and Guardian Ultra-Short U.S. T-Bill Fund which have an ex-dividend date of November 24, 2023.

Guardian Capital LP Launches ETF Series of Canadian and International Equity Funds

Retrieved on:

Tuesday, November 14, 2023

Disclosure, Capital, Guardian Capital Group, Prospectus, Stock, Financial adviser, Security (finance), Guardian

¹ In accordance with regulatory requirements, investment performance for the ETF Units of the Guardian Funds, as well as Series A Mutual Fund Units and Series F Mutual Fund Units of Guardian International Equity Select Fund, cannot be shown as they have less than 12 months of performance history.

Key Points:

¹ In accordance with regulatory requirements, investment performance for the ETF Units of the Guardian Funds, as well as Series A Mutual Fund Units and Series F Mutual Fund Units of Guardian International Equity Select Fund, cannot be shown as they have less than 12 months of performance history.
The Guardian Funds’ Series I Mutual Fund Units (institutional units) performance is being provided to show the longest historical performance track record of each Guardian Fund.
The Series I Mutual Fund Units do not charge a management fee, commission or trailer fee.
² The performance data provided for the Series I Mutual Fund Units of each Guardian Fund includes performance during a period when each Guardian Fund was not a reporting issuer (for Guardian Canadian Focused Equity Fund, the period prior to April 22, 2016, and for Guardian International Equity Select Fund, the period prior to April 28, 2017).

Guardian Capital Announces Estimated Final Distributions for Merging ETFs

Retrieved on:

Monday, October 30, 2023

ETF, Guardian Capital Group, Merge, Security (finance), Distribution

Each of the Merging ETFs is required to distribute any net income and capital gains that it has earned in the year.

Key Points:

Each of the Merging ETFs is required to distribute any net income and capital gains that it has earned in the year.
The Distributions will generally consist of capital gains and/or any excess net income as of the date of the mergers.
Guardian Capital provides estimated distributions for information purposes only.
For further information regarding the Merging ETFs, please visit www.guardiancapital.com/investmentsolutions .

Guardian Capital Announces October 2023 Distributions for Guardian Capital ETFs

Retrieved on:

Tuesday, October 17, 2023

Capital, Guardian Capital Group, ETF, Cryptocurrency, Bank

TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending October 31, 2023, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”).

Key Points:

TORONTO, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending October 31, 2023, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”).
In each case, the distribution will be paid on October 31, 2023 to unitholders of record on October 25, 2023.
The ex-dividend date in each case is October 24, 2023.

Guardian Capital Announces the Termination of Guardian i³ Global REIT ETF

Retrieved on:

Tuesday, October 3, 2023

Guardian Capital Group, TSX, Toronto Stock Exchange, ETF, Finance Secretary (India), Capital, Security (finance)

TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP (the “Manager”) today announced that it will terminate Guardian i3 Global REIT ETF (TSX: GIGR and GIGR.B) (the “ETF”) effective on or about December 18, 2023 (the “Termination Date”).

Key Points:

TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP (the “Manager”) today announced that it will terminate Guardian i3 Global REIT ETF (TSX: GIGR and GIGR.B) (the “ETF”) effective on or about December 18, 2023 (the “Termination Date”).
Effective immediately, except in limited circumstances, no further direct subscriptions of units of the ETF will be accepted.
The Manager will issue an additional press release on or about the Termination Date confirming the final details of the termination.
Further details of the termination will be mailed to unitholders of the ETF at least 60 days prior to the Termination Date.

Guardian Smart Infrastructure Management Announces First Direct Infrastructure Investment

Retrieved on:

Tuesday, September 26, 2023

ASA, GSIM, Rieber & Søn, Guardian Capital Group, Intelligent transportation system, Q-Free, Investment, Chapter Six, Transaction, TSX, Knowledge, Juniper, NOK, GCG, Safety, Bank, Public utility, Guardian

TORONTO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that Guardian Smart Infrastructure Management (GSIM), its direct private infrastructure investment management subsidiary, has made its initial infrastructure investment.

Key Points:

TORONTO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Guardian Capital Group Limited (Guardian) (TSX:GCG) (TSX:GCG.A) announced today that Guardian Smart Infrastructure Management (GSIM), its direct private infrastructure investment management subsidiary, has made its initial infrastructure investment.
Funding for the initial investment and proposed follow-on investments was provided by Guardian and the GSIM management team for a total initial commitment of US$100 million.
Guardian CEO George Mavroudis said, “We formed our infrastructure strategy to invest in the growing number of opportunities where digital and traditional infrastructure are converging.
“The Q-Free investment is an important first step in our strategy of investment in the Intelligent Transportation Systems market.

Guardian Capital Announces September 2023 Distributions for Guardian Capital ETFs

Retrieved on:

Friday, September 15, 2023

Guardian Capital Group, ETF, Capital, Rare-earth element, Bank

TORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending September 30, 2023, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”).

Key Points:

TORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending September 30, 2023, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”).
In each case, the distribution will be paid on September 29, 2023 to unitholders of record on September 25, 2023.
The ex-dividend date in each case is September 22, 2023.

Guardian Capital Announces August 2023 Distributions for Guardian Capital ETFs

Retrieved on:

Thursday, August 17, 2023

Guardian Capital Group, ETF, Capital, Cryptocurrency, Bank

TORONTO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending August 31, 2023, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”).

Key Points:

TORONTO, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP announces the following regular cash distributions for the period ending August 31, 2023, in respect of the ETF series of the Guardian Capital funds listed below (the “Guardian Capital ETFs”).
In each case, the distribution will be paid on August 31, 2023 to unitholders of record on August 25, 2023.
The ex-dividend date in each case is August 24, 2023.