MONTREAL, Dec. 18,
2024 /CNW/ - National Bank Investments Inc.
("NBI" or the "Investment Fund Manager") announced today the annual
reinvested capital gains and/or net income distribution amount (the
"reinvested distribution") to be paid for 2024 to unitholders of
the Evovest Global Equity ETF (the ‟EVO ETF"), as indicated in the
table below.
NBI is the Investment Fund Manager of the EVO ETF and Evovest
Inc. ("Evovest") acts as Portfolio Manager.
Unitholders of record on December 30,
2024, will receive the reinvested distribution on
January 7, 2025. This distribution
will be reinvested and the resulting units will be immediately
consolidated. The number of units held by each investor will not
change but the adjusted cost base of the units will increase
according to the amount reinvested. Investors holding their units
outside of registered plans will therefore have taxable amounts to
report.
This amount is for the reinvested distribution only and does not
include the cash distribution which is the subject of a separate
press release.
The following indicates the per-unit reinvested
distribution:
|
ETF
Name
|
Ticker
Symbol
(TSX)
|
Reinvested
Distribution per Unit
|
|
Evovest Global Equity
ETF
|
EVO
|
$1.070087
|
About the Evovest Global Equity ETF
The
Evovest Global Equity ETF is offered by National Bank Investments
Inc., an indirect wholly owned subsidiary of National Bank of
Canada. Commissions, management
fees and expenses all may be associated with investments in
exchange-traded funds ("ETFs"). Please read the prospectus or ETF
Facts document(s) before investing. ETFs are not guaranteed, their
values change frequently, and past performance may not be repeated.
ETF units are bought and sold at market price on a stock exchange
and brokerage commissions will reduce returns. ETFs do not seek to
return any predetermined amount at maturity. An ETF's securities
are not insured by the Canada Deposit Insurance Corporation or by
any other government deposit insurer. For more information about
the Evovest Global Equity ETF, visit etf.evovest.com.
About Evovest Inc.
Evovest Inc. is an
innovative equity portfolio manager. Evovest's systematic
investment process follows a scientific approach by combining
fundamental analysis expertise and a deep knowledge of machine
learning. In addition to being a certified B Corp, Evovest is a
signatory of the United Nations-supported Principles for
Responsible Investment (PRI) and the Tobacco-Free Finance Pledge.
For more information about Evovest and its mission, visit
evovest.com or consult its LinkedIn page.
About National Bank Investments
Inc.
National Bank Investments Inc.
("NBI") is an investment funds management firm committed to
manufacturing and offering mutual funds, investment solutions and
services designed to help Canadian investors pursue their financial
goals. As at September 30, 2024,
assets under management in NBI products were valued at over
$93.38 billion.
Guided by an open architecture strategy, NBI is dedicated to
providing diverse solutions to meet the evolving needs of its
clients. NBI consistently strives to be recognized as a key partner
by combining innovation and excellence. NBI's role is not limited
to administrative aspects of management; NBI Advisory Services and
its registered representatives form a team of specialists who
provide information and advice to help advisors build portfolios
adapted to their clients' financial needs. Follow NBI's activities
at nbinvestments.ca or via social media
such
as YouTube and LinkedIn.
National Bank Investments is a signatory of the United
Nations-supported Principles for Responsible Investment, a member
of Canada's Responsible Investment
Association, and a founding participant in the Climate Engagement
Canada initiative.
SOURCE Evovest Inc.
