LTCAP – Payout Rates
Up to April 30, 2002 payout rates were calculated on a four calendar year rolling average of monthly pooled unit market values. For April 30, 2003, the rate was set at $6.60 per unit for fiscal 2003 (approximately 4% of the market value at December 2002). It’s expected to be increased by inflation rates thereafter. Each year this inflation adjusted payout will be tested against current market values and the preservation of capital required for inflation. Based on the results, a further adjustment may be applied.
For questions relating to LTCAP payout rates, please contact:
Jenny Cheng
Manager, Restricted Fund & Ancillary Accounting
Financial Services Department
Tel: 416-978-1989
| LTCAP Payout Date | Payout Rate per Unit ($) | +/- (%) |
|---|---|---|
| April 30, 1992 | 5.50 | 0.00 |
| April 30, 1993 | 5.65 | 2.73 |
| April 30, 1994 | 5.65 | 0.00 |
| April 30, 1995 | 5.70 | 0.88 |
| April 30, 1996 | 5.75 | 0.88 |
| April 30, 1997 | 6.42 | 11.65 |
| April 30, 1998 | 6.90 | 7.48 |
| April 30, 1999 | 7.60 | 10.14 |
| April 30, 2000 | 8.33 | 9.61 |
| April 30, 2001 | 9.11 | 9.36 |
| April 30, 2002 | 9.36 | 2.74 |
| April 30, 2003 | 6.60 | -29.49 |
| April 30, 2004 | 6.73 | 1.96 |
| April 30, 2005 | 6.86 | 1.93 |
| April 30, 2006 | 7.00 | 2.04 |
| April 30, 2007 | 7.14 | 2.00 |
| April 30, 2008 | 7.65 | 7.14 |
| April 30, 2009 | 0.00 | -100.00 |
| April 30, 2010 | 7.26 | 100.00 |
| April 30, 2011 | 7.41 | 2.07 |
| April 30, 2012 | 7.56 | 2.02 |
| April 30, 2013 | 7.56 | 0.00 |
| April 30, 2014 | 7.56 | 0.00 |
| April 30, 2015 | 7.71 | 1.98 |
| April 30, 2016 | 7.71 | 0.00 |
| April 30, 2017 | 7.86 | 1.95 |
| April 30, 2018 | 8.02 | 2.04 |
| April 30, 2019 | 8.18 | 2.00 |
| April 30, 2020 | 8.34 | 2.00 |
| April 30, 2021 | 8.51 | 2.04 |
| April 30, 2022 | 9.36 | 10.00 |
| April 30, 2023 | 9.55 | 2.03 |