TORONTO, Dec. 21,
2022 /CNW/ - Scotia Global Asset Management today
announced the estimated year-end cash distributions for the Scotia
ETFs listed on the NEO Exchange for the 2022 tax year. Please note
that these are estimated amounts only and have been calculated
based upon information as of December 15,
2022. The final cash distributions may change due to
subscriptions or redemptions activity before the ex-dividend date
or other factors.
We expect to announce the final year-end cash distribution
amounts on or about December 29,
2022. The record date for the 2022 year-end distributions
will be December 30, 2022, payable on
January 9, 2023.
The actual taxable amounts of cash distributions for 2022,
including the tax characteristics of the distributions, will be
reported to CDS Clearing and Depository Services Inc. in early
2023. Securityholders can contact their brokerage firm for this
information.
The estimated cash distribution amounts per unit are:
|
Scotia ETF
name
|
Ticker
symbol
|
Estimated cash
distribution per unit ($)
|
|
Scotia Canadian Bond
Index Tracker ETF
|
SITB
|
0.039
|
|
Scotia Canadian Large
Cap Equity Index Tracker ETF
|
SITC
|
0.137
|
|
Scotia Emerging Markets
Equity Index Tracker ETF
|
SITE
|
0.000
|
|
Scotia International
Equity Index Tracker ETF
|
SITI
|
0.153
|
|
Scotia Responsible
Investing Canadian Bond Index ETF
|
SRIB
|
0.000
|
|
Scotia Responsible
Investing Canadian Equity Index ETF
|
SRIC
|
0.000
|
|
Scotia Responsible
Investing International Equity Index ETF
|
SRII
|
0.000
|
|
Scotia Responsible
Investing U.S. Equity Index ETF
|
SRIU
|
0.000
|
|
Scotia U.S. Equity
Index Tracker ETF
|
SITU
|
0.067
|
Forward-looking
information
This notice contains forward-looking statements with
respect to the year-end cash distributions for the Scotia ETFs. By
their nature, these forward-looking statements involve risks and
uncertainties that could cause the actual distributions to differ
materially from the estimated distributions in this notice. Factors
that could cause the final distributions to differ include, but are
not limited to, the trading activity within the Scotia ETFs, and
subscription and redemption activity.
For more information on the Scotia ETFs, please visit here.
Commissions, trailing commissions, management fees and expenses
may be associated with mutual fund investments, including ETFs.
Please read the prospectus before investing. Mutual funds and ETFs
are not guaranteed, their values change frequently and past
performance may not be repeated.
About Scotia Global Asset
Management
Scotia Global Asset Management includes 1832 Asset Management
L.P., a limited partnership, the general partner of which is wholly
owned by Scotiabank. Scotia Global Asset Management offers a range
of wealth management solutions, including mutual funds, ETFs, and
investment solutions for private clients, institutions and managed
asset programs.
About Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our
purpose: "for every future", we help our customers, their families
and their communities achieve success through a broad range of
advice, products and services, including personal and commercial
banking, wealth management and private banking, corporate and
investment banking, and capital markets. With a team of over 90,000
employees and assets of approximately $1.3
trillion (as at October 31,
2022), Scotiabank trades on the Toronto Stock Exchange (TSX:
BNS) and New York Stock Exchange (NYSE: BNS). For more information,
please visit http://www.scotiabank.com and follow us on Twitter
@Scotiabank.
SOURCE Scotiabank