Chart 1 – Recalculation of Adjusted Cost Base (ACB)

**Chart 1 – Recalculation of adjusted cost base (ACB)**
Date	Description	Total cost in $ (A)	Number of units (B)	Average cost per unit (A ÷ B)
March 12, 2018	Purchase at $14.75 per unit	20,000.00	1,355.9322	$14.75
December 31, 2018	Reinvested distribution at $16.40 per unit	+ 1,427.82	+ 87.0622	$16.40
December 31, 2018	ACB	21,427.82	1,442.9944	$14.85
April 15, 2019	Purchase at $17.29 per unit	+ 5,000.00	+ 289.1845	$17.29
April 15, 2019	ACB	26,427.82	1,732.1789	$15.26
December 31, 2020	Reinvested distribution at $13.77 per unit	+ 962.11	+ 69.8700	$13.77
December 31, 2020	ACB	27,389.93	1,802.0489	$15.20
June 30, of the year	Redemption of 200 units at $17.42 per unit^{Footnote 1}	− 3,040.00	− 200.0000	$15.20
June 30, of the year	ACB	24,349.93	1,602.0489	$15.20
December 31, of the year	Reinvested distribution at $15.00 per unit^{Footnote 2}	+ 750.00	+ 50.0000
	Return of capital of $500^{Footnote 2}	− 500.00
	ACB	24,599.93	1,652.0489	$14.89

Footnotes

Footnote 1

Kate determines her proceeds of disposition based on the selling price of $17.42 per unit. To calculate her ACB on June 30 of the year, when she redeemed her units, Kate multiplies the average cost of units held immediately before the redemption ($15.20) by the number of units redeemed (200). This gives Kate an ACB of $3,040 ($15.20 x 200).

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Footnote 2

As a result of the reinvestment and return of capital reported in boxes 21 and 42 respectively of her T3 slip from XYZ Mutual Fund Trust, she increases her total cost by $250 and recalculates her ACB on December 31 of the year to be $14.89 per unit.

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Date modified:: 2024-01-23

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Chart 1 – Recalculation of Adjusted Cost Base (ACB)

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