MONTREAL, Nov. 26, 2021 /CNW Telbec/ - National Bank
Investments Inc. (NBI) announced today the estimated annual
reinvested capital gains to be paid for 2021 to unitholders of NBI
Exchange-Traded Funds (NBI ETFs), as indicated in the table
below.
Unitholders of record on December 31,
2021 will receive the capital gains distributions on
January 7, 2022. The capital gains
distributions will be reinvested and the resulting units will be
immediately consolidated, so the number of units held by each
investor will not change. Investors holding their units outside
registered plans will have taxable amounts to report and an
increase in the adjusted cost base of their units.
These estimated amounts are for the reinvested capital gains
distributions only, and do not include the ongoing periodic cash
distribution amounts to be announced later.
Please note that these are estimated capital gains only, based
on data as of October 31, 2021. Since
these are estimated amounts, the final capital gains distributions
could change by the end of the NBI ETFs' fiscal year on
December 15, 2021. NBI expects to
issue a press release on or about December
20, 2021, confirming the final amounts of the reinvested
distributions for all ETFs (subject to further revisions per unit
amounts resulting from subscription and redemption activity prior
to the record date). The amounts of the reinvested distributions
are estimated amounts only and may vary between December 20, 2021, and December 30, 2021. These reinvested distributions
generally consist of capital gains only.
The following is a complete list of NBI ETFs and their
respective estimates of per-unit reinvested capital gains
distribution:
ETF
Name
|
Ticker Symbol
(TSX)
|
Estimated
annual
reinvested capital
gains distribution
per unit ($)
|
NBI Canadian Family
Business ETF
|
NFAM
|
$ 5.1698
|
NBI Liquid
Alternatives ETF
|
NALT
|
$ 0.0000
|
NBI Global Real
Assets Income ETF
|
NREA
|
$ 0.0000
|
NBI Active Canadian
Preferred Shares ETF
|
NPRF
|
$ 0.2842
|
NBI Unconstrained
Fixed Income ETF
|
NUBF
|
$ 0.1482
|
NBI High Yield Bond
ETF
|
NHYB
|
$ 0.7713
|
NBI Sustainable
Canadian Bond ETF
|
NSCB
|
$ 0.0000
|
NBI Sustainable
Canadian Equity ETF
|
NSCE
|
$ 0.0501
|
NBI Sustainable
Global Equity ETF
|
NSGE
|
$ 0.2411
|
NBI Global Private
Equity ETF
|
NGPE
|
$ 4.5930
|
NBI Sustainable
Canadian Corporate Bond ETF
|
NSCC
|
$ 0.0000
|
NBI Canadian Dividend
Income ETF
|
NDIV
|
$ 0.3315
|
NBI Active U.S.
Equity ETF
|
NUSA
|
$ 2.1946
|
NBI Active
International Equity ETF
|
NINT
|
$ 0.8728
|
About NBI ETFs
NBI ETFs are offered by
National Bank Investments Inc., a wholly owned subsidiary of
National Bank of Canada.
Management fees, brokerage fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Please read the
prospectus or ETF Facts document 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.
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, 2021, assets under
management in NBI products were valued at over $76 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 member of Canada's Responsible Investment
Association and a signatory of the United Nations-supported
Principles for Responsible Investment.
About National Bank of Canada
With $354 billion in assets as at July 31,
2021, National Bank of Canada, together with its subsidiaries,
forms one of Canada's leading
integrated financial groups. It has more than 26,000 employees
in knowledge-intensive positions and has been recognized numerous
times as a top employer and for its commitment to diversity. Its
securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank's activities at nbc.ca or
via social media such
as Facebook, LinkedIn and Twitter.
SOURCE National Bank of Canada