MONTREAL, Dec. 18, 2020 /CNW Telbec/ - National Bank
Investments Inc. (NBI) announced today the December 2020 cash distribution amounts per unit
for all exchange-traded funds, as indicated in the table below.
Unitholders of record on December 29,
2020 will receive cash distributions on January 5, 2021. Details of the per unit
distribution amounts are as follows:
|
ETF
Name
|
Ticker Symbol
(TSX)
|
Cash
Distribution
per
Unit
|
Payment
Frequency
|
|
NBI Canadian Family
Business ETF
|
NFAM
|
$ 0.3407
|
Annually
|
|
NBI Liquid
Alternatives ETF
|
NALT
|
$ 1.5263
|
Annually
|
|
NBI Global Real
Assets Income ETF
|
NREA
|
$ 0.1457
|
Quarterly
|
|
NBI Active Canadian
Preferred Shares ETF
|
NPRF
|
$ 0.0943
|
Monthly
|
|
NBI Unconstrained
Fixed Income ETF
|
NUBF
|
$ 0.0000 *
|
Monthly
|
|
NBI High Yield Bond
ETF
|
NHYB
|
$ 0.0580
|
Monthly
|
|
NBI Sustainable
Canadian Bond ETF
|
NSCB
|
$ 0.0291
|
Monthly
|
|
NBI Sustainable
Canadian Equity ETF
|
NSCE
|
$ 0.0397
|
Quarterly
|
|
NBI Sustainable
Global Equity ETF
|
NSGE
|
$ 0.0000 *
|
Annually
|
|
NBI Global Private
Equity ETF
|
NGPE
|
$ 0.3300
|
Annually
|
|
* The annual or
monthly distribution, as applicable, was temporarily suspended
because the expenses of this NBI ETF exceeded the income
generated by said NBI ETF during the period and thus, there was
nothing to distribute.
|
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 $332 billion in
assets as at October 31, 2020, National Bank of
Canada, together with its
subsidiaries, forms one of Canada's leading integrated financial groups.
It has more than 26,500 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