Lion Active ETF Reports No Distribution for Period Ending 30 June 2026

Lion Active ETF Announces Zero Cash Distribution for June 2026 Period

The Lion Active ETF, listed on the ASX under ticker ROAR, has officially disclosed a final distribution per unit of $0.0000 in cash for the period ending 30 June 2026. This indicates that unitholders will not receive any cash payments derived from fund income, Capital gains distributions, or other distributable amounts generated during this timeframe. The disclosure was submitted through the ASX e-lodgement system on 2 July 2026.

Zero distributions are common among actively managed ETFs, especially when a fund’s Investment approach emphasizes capital growth over income, or when realised income and gains do not reach a level sufficient to trigger a distribution. The Lion Active ETF’s nil distribution for June 2026 reflects the distributable amount available at period end as determined by K2 Asset Management Ltd in its role as the fund’s responsible entity.

No Franking Credits or Tax Offsets Issued to ROAR Unitholders for This Period

Alongside the zero cash distribution, the company update confirms the non-cash distribution component—including franking credits and tax offsets—is also $0.0000 per unit. Franking credits are an important element of ETF distributions for Australian resident investors, representing tax already paid at the corporate level and usable to offset personal tax liabilities. The absence of franking credits means unitholders will not receive this additional tax benefit for the June 2026 period.

Income-focused investors seeking tax advantages from franked distributions should note this outcome. The company update does not provide further explanation regarding the zero non-cash distribution, and K2 Asset Management Ltd has not offered additional commentary on the franking credit result. The announcement solely confirms the $0.0000 per unit figure.

K2 Asset Management’s Responsibilities as Lion Active ETF’s Responsible Entity

K2 Asset Management Ltd serves as the responsible entity for the Lion Active ETF, holding regulatory and Fiduciary duties associated with managing a registered managed investment scheme in Australia. As responsible entity, K2 Asset Management must formally disclose distribution details to the ASX at the end of each distribution period. This update was signed by Hollie Wight in that capacity.

K2 Asset Management Ltd is a well-established Australian funds management Business. Its stewardship of the Lion Active ETF entails ongoing obligations to unitholders under the Corporations Act 2001 and ASX Listing Rules. Filing distribution information—even when nil—is part of the standard compliance and disclosure requirements governing listed managed funds in Australia. Investors seeking more details on the fund’s management approach and distribution policy should consult the product disclosure statement or contact K2 Asset Management directly.

Implications of a Zero Distribution for Current ROAR Investors

For current Lion Active ETF unitholders, a nil distribution for the period ending 30 June 2026 means no cash will be credited to their accounts from this distribution event. Unlike Dividend-paying shares or income-focused managed funds that regularly distribute Earnings, a zero distribution means total returns during this period will depend solely on changes in the fund’s net asset value (NAV) or unit price rather than income received.

This is particularly relevant for self-managed Superannuation fund (SMSF) investors or retirees who rely on regular distributions for income. For growth-oriented investors, a zero distribution may be less impactful if the fund’s NAV has increased. The company update does not disclose information on the fund’s NAV, unit price performance, or total return for the period ending 30 June 2026.

Distribution Record Date and Payment Details Not Included in Update

The company update lodged with the ASX on 2 July 2026 is limited to confirming the distribution per unit amounts, both of which are zero. It does not specify a distribution record date, ex-distribution date, or payment date, which are typically key operational dates for distribution events. Given the zero cash and non-cash amounts, the omission of these dates aligns with the absence of any payment to process.

Investors seeking clarification on distribution timing, reinvestment Options, or other operational matters should contact K2 Asset Management Ltd or review the fund’s governing documents. This brief regulatory disclosure does not cover broader fund portfolio composition, performance attribution, or future distribution outlook.

Context of Lion Active ETF’s Nil Distribution Within the Australian ETF Market

Distribution frequency and amounts vary widely across Australian ETFs depending on fund mandates, underlying Asset Class, and portfolio activity. Equity-focused active ETFs may generate distributable income from dividends, interest, or realised capital gains. When distributable income or gains are insufficient, or when the responsible entity decides it is preferable to retain earnings, a nil distribution can occur.

The Lion Active ETF’s zero distribution for June 2026 does not necessarily indicate poor performance. It may reflect a strategic choice to retain gains, limited realisations, or timing differences in income recognition. Without additional disclosure from K2 Asset Management Ltd on investment strategy and income profile, definitive conclusions cannot be drawn. Investors and analysts should seek further information directly from the Fund Manager before making judgments about the fund’s condition or prospects.

Regulatory Compliance and Timing of the 2 July 2026 Announcement

The distribution update was lodged on 2 July 2026, two days after the period ended on 30 June 2026, reflecting the prompt disclosure requirements for ASX-listed managed funds. Listed ETFs and managed funds must notify the market of distribution amounts promptly after a period ends so investors can make informed decisions. K2 Asset Management Ltd’s timely lodgement aligns with standard market practice for end-of-financial-year distribution disclosures.

The 30 June financial year-end is significant for Australian investors as it marks the close of the tax year and triggers numerous distribution events across the managed fund and ETF sectors. The Lion Active ETF’s nil distribution announcement is part of a broader wave of year-end disclosures across ASX-listed funds, ensuring ROAR unitholders are formally informed of their entitlements—or lack thereof—for tax and record-keeping purposes.

Next Steps for Investors Following ROAR’s June 2026 Distribution Announcement

After confirmation of a zero distribution for the period ending 30 June 2026, Lion Active ETF investors should watch for further updates from K2 Asset Management Ltd regarding portfolio strategy, asset allocation, and fund performance for the financial year. A nil distribution may lead some unitholders to reconsider whether the fund’s income profile matches their investment goals, especially those prioritizing income generation.

The next important event for ROAR unitholders will likely be the release of the fund’s annual tax statement and, if applicable, the Annual Report for the period ending 30 June 2026. These documents typically provide detailed insights into income, expenses, and capital position, offering context beyond the brief distribution disclosure lodged on 2 July 2026. Public information does not clarify any immediate impact on the share price.

Hollie Wight Signs Distribution Notice on Behalf of K2 Asset Management

The company update was formally signed by Hollie Wight representing K2 Asset Management Ltd as responsible entity for the Lion Active ETF. Identifying the signatory provides investors with a point of contact and accountability for the disclosure, fulfilling Australian financial services regulatory requirements. No additional biographical details about Hollie Wight were included in the update.

K2 Asset Management’s sign-off confirms the nil distribution has been reviewed and approved at the responsible entity level, considering the fund’s constitution, trust deed, and relevant regulations. This governance provides unitholders assurance that the distribution decision complies with the fund’s legal framework, even when the distribution amount is zero.