National Bank Investments Announces Estimated Annual Distributions for the NBI Exchange-Traded Funds

 

Montreal, November 23, 2020 – National Bank Investments Inc. (NBI) announced today the estimated annual reinvested capital gains to be paid for 2020 to unitholders of NBI Exchange-Traded Funds (NBI ETFs), as indicated in the table below.

Unitholders of record on December 24, 2020 will receive the capital gains distributions on January 4, 2021. 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, 2020. Since these are estimated amounts, the final capital gains distributions could change by the end of the NBI ETFs’ fiscal year on December 15, 2020. NBI expects to issue a press release on or about December 17, 2020, 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 17, 2020, and December 24, 2020. 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

-

NBI Liquid Alternatives ETF

NALT

$0.0172

NBI Global Real Assets Income ETF

NREA

-

NBI Active Canadian Preferred Shares ETF

NPRF

-

NBI Unconstrained Fixed Income ETF

NUBF

$0.1489

NBI High Yield Bond ETF

NHYB

$1.4740

NBI Sustainable Canadian Bond ETF

NSCB

$0.0343

NBI Sustainable Canadian Equity ETF

NSCE

$0.1035

NBI Sustainable Global Equity ETF

NSGE

$0.2645

NBI Global Private Equity ETF NGPE

NGPE

$0.5545

ETF Name

NBI Canadian Family Business ETF

Ticker Symbol (TSX)

NFAM

Estimated annual reinvested capital gains distribution per unit ($)

-

ETF Name

NBI Liquid Alternatives ETF

Ticker Symbol (TSX)

NALT

Estimated annual reinvested capital gains distribution per unit ($)

$0.0172

ETF Name

NBI Global Real Assets Income ETF

Ticker Symbol (TSX)

NREA

Estimated annual reinvested capital gains distribution per unit ($)

-

ETF Name

NBI Active Canadian Preferred Shares ETF

Ticker Symbol (TSX)

NPRF

Estimated annual reinvested capital gains distribution per unit ($)

-

ETF Name

NBI Unconstrained Fixed Income ETF

Ticker Symbol (TSX)

NUBF

Estimated annual reinvested capital gains distribution per unit ($)

$0.1489

ETF Name

NBI High Yield Bond ETF

Ticker Symbol (TSX)

NHYB

Estimated annual reinvested capital gains distribution per unit ($)

$1.4740

ETF Name

NBI Sustainable Canadian Bond ETF

Ticker Symbol (TSX)

NSCB

Estimated annual reinvested capital gains distribution per unit ($)

$0.0343

ETF Name

NBI Sustainable Canadian Equity ETF

Ticker Symbol (TSX)

NSCE

Estimated annual reinvested capital gains distribution per unit ($)

$0.1035

ETF Name

NBI Sustainable Global Equity ETF

Ticker Symbol (TSX)

NSGE

Estimated annual reinvested capital gains distribution per unit ($)

$0.2645

ETF Name

NBI Global Private Equity ETF NGPE

Ticker Symbol (TSX)

NGPE

Estimated annual reinvested capital gains distribution per unit ($)

$0.5545

 

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, 2020, assets under management in NBI products were valued at over $64 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 $322 billion in assets as at July 31, 2020, 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.

 

Information:

Stéphanie Rousseau
Senior Advisor, Public Affairs
National Bank of Canada
stephanie.rousseau@nbc.ca
Tel.: 514-394-5684