Chartwell's Tax Treatment

Canadian Tax Information

	2019 - 100% of our distributions are return of capital 2019 Tax Information for Canadian Resident Unitholders
	2018 - 3% of cash distributions are taxable and 97% is return of capital 2018 Tax Information for Canadian Resident Unitholders
	2017 - 3.6% of cash distributions are non-taxable and 95.4% is return of capital 2017 Tax Information for Canadian Resident Unitholders
	2016 - 58.2% of cash distributions are non-taxable and 36.6% is return of capital 2016 Tax Information for Canadian Resident Unitholders
	2015 - 37.2% of cash distributions are non-taxable and 1.4% is return of capital 2015 Tax Information for Canadian Resident Unitholders
	2014 - 78.4% of cash distributions were tax deferred 2014 Tax Information for Canadian Resident Unitholders
	2013 - 78.1% of cash distributions were tax deferred 2013 Tax Information for Canadian Resident Unitholders
	2012 - 83.2% of cash distributions were tax deferred 2012 Tax Information for Canadian Resident Subscription Receipt Holders 2012 Tax Information for Canadian Resident Unitholders
	2011 - 95.7% of cash distributions were tax deferred 2011 Tax Information for Canadian Resident Unitholders
	2010 - 95% of cash distributions were tax deferred 2010 Tax Information for Canadian Resident Unitholders
	2009 – 100% of cash distributions were tax deferred 2009 Tax Information for Canadian Resident Unitholders
	2008 – 100% of cash distributions were tax deferred 2008 Tax Information for Canadian Resident Unitholders
	2007 – 98% of cash distributions were tax deferred 2007 Tax Information for Canadian Resident Unitholders
	2006 – 83% of cash distributions were tax deferred
	2005 – 85% of cash distributions were tax deferred
	2004 – 85% of cash distributions were tax deferred
	2003 – 100% of cash distributions were tax deferred

Tax Information for US Resident Unitholders