National Bank Investments Announces the Annual Reinvested Distributions Amounts for Its Exchange-Traded Funds


Montreal, December 20, 2022 – National Bank Investments Inc. (‟NBI”) announced today the annual reinvested capital gains and/or net income distribution amounts (the “reinvested distributions”) to be paid for 2022 to unitholders of NBI exchange-traded funds (‟NBI ETFs”), as indicated in the table below. 

Unitholders of record on December 30, 2022, will receive the reinvested distributions on January 6, 2023. These distributions 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 amounts reinvested. Investors holding their units outside of registered plans will therefore have taxable amounts to report.

These amounts are for the reinvested distributions only, and do not include the ongoing periodic cash distributions which were the subject of a separate press release.

The following is a list of all NBI ETFs and the amounts of per-unit reinvested distributions:

ETF Name Ticker Symbol (TSX)

Reinvested Distribution

per Unit

NBI Canadian Family Business ETF
$ 0.6414
NBI Liquid Alternatives ETF
$ 0.0000
NBI Global Real Assets Income ETF
$ 0.0000
NBI Active Canadian Preferred Shares ETF
$ 0.3199
NBI Unconstrained Fixed Income ETF
$ 0.0000
NBI High Yield Bond ETF
$ 0.0000
NBI Sustainable Canadian Bond ETF NSCB $ 0.0379
NBI Sustainable Canadian Equity ETF
$ 0.0000
NBI Sustainable Global Equity ETF
$ 0.0000
NBI Global Private Equity ETF
$ 1.5142
NBI Sustainable Canadian Corporate Bond ETF NSCC $ 0.0000
NBI Canadian Dividend Income ETF NDIV $ 0.0000
NBI Active U.S. Equity ETF
$ 0.4097
NBI Active International Equity ETF
$ 0.0000
NBI Sustainable Canadian Short Term Bond ETF NSSB $ 0.0000


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, 2022, assets under management in NBI products were valued at over $74 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 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 $404 billion in assets as at October 31, 2022, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. The Bank has more than 29,000 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 or via social media such as FacebookLinkedIn and Twitter.



Stéphanie Rousseau
Senior Advisor, Public Affairs and Corporate Social Responsibility
National Bank ofCanada
Tel.: 514-394-5684