Ninepoint Partners Announces Final December 2023 Cash and Annual Notional Distributions for ETF Series Securities
December 28 2023 - 5:33PM
Ninepoint Partners LP (“Ninepoint Partners”) today announced the
final December 2023 cash and annual notional capital gains
distributions for its ETF Series securities. The record date for
the distributions is December 28, 2023 for Ninepoint High Interest
Savings Fund and December 29, 2023 for Ninepoint Alternative Credit
Opportunities Fund, Ninepoint Energy Fund, Ninepoint Energy Income
Fund , Ninepoint Diversified Bond Fund and Ninepoint Target Income
Fund. All distributions are payable on January 8, 2024.
For the annual notional capital gains
distributions, these will be reinvested in additional units of
the respective ETF Series securities and do not include
any cash distribution amounts for December. The additional units
will be immediately consolidated so that the number of units
outstanding following the distribution will equal the number of
units outstanding before the distribution.
The actual taxable amounts of distributions for
2023, including the tax characteristics of the distributions, will
be reported to CDS Clearing and Depository Services Inc. in early
2024. Securityholders can contact their brokerage firm for this
information.
The per-unit final December distributions are detailed
below:
Ninepoint ETF Series |
Ticker |
Cash Distribution per unit |
Notional Capital Gains Distribution per unit |
CUSIP |
Ninepoint High Interest Savings Fund |
NSAV |
$ |
0.20005 |
$ |
0.00000 |
65443X105 |
Ninepoint Alternative Credit Opportunities Fund |
NACO |
$ |
0.13875 |
$ |
0.00000 |
65443Q100 |
Ninepoint Diversified Bond Fund |
NBND |
$ |
0.06119 |
$ |
0.00000 |
65443H100 |
Ninepoint Energy Fund |
NNRG |
$ |
0.16491 |
$ |
0.47274 |
65443T203 |
NNRG.U |
US$0.12506 |
US$0.35850 |
65443T302 |
Ninepoint Energy Income Fund |
NRGI |
$ |
0.12045 |
$ |
0.00000 |
65444A104 |
Ninepoint Target Income Fund |
TIF |
$ |
0.10007 |
$ |
0.05280 |
65446C108 |
About Ninepoint Partners
Based in Toronto, Ninepoint Partners LP is one
of Canada’s leading alternative investment management firms
overseeing approximately $7.8 billion in assets under management
and institutional contracts. Committed to helping investors explore
innovative investment solutions that have the potential to enhance
returns and manage portfolio risk, Ninepoint offers a diverse set
of alternative strategies spanning Equities, Fixed Income,
Alternative Income, Real Assets, F/X and Digital Assets.
For more information on Ninepoint Partners LP,
please visit www.ninepoint.com or for inquiries regarding the
offering, please contact us at (416) 943-6707 or (866) 299-9906 or
invest@ninepoint.com.
Ninepoint Partners LP is the investment manager
to the Ninepoint Funds (collectively, the “Funds”). Commissions,
trailing commissions, management fees, performance fees (if any),
and other expenses all may be associated with investing in the
Funds. Please read the prospectus carefully before investing. The
information contained herein does not constitute an offer or
solicitation by anyone in the United States or in any other
jurisdiction in which such an offer or solicitation is not
authorized or to any person to whom it is unlawful to make such an
offer or solicitation.
Prospective investors who are not resident in
Canada should contact their financial advisor to determine whether
securities of the Fund may be lawfully sold in their
jurisdiction.
Please note that distribution factors (breakdown
between income, capital gains and return of capital) can only be
calculated when a fund has reached its year-end. Distribution
information should not be relied upon for income tax reporting
purposes as this is only a component of total distributions for the
year. For accurate distribution amounts for the purpose of filing
an income tax return, please refer to the appropriate T3/T5 slips
for that particular taxation year. Please refer to the prospectus
or offering memorandum of each Fund for details of the Fund’s
distribution policy.
The payment of distributions and distribution
breakdown, if applicable, is not guaranteed and may fluctuate. The
payment of distributions should not be confused with a Fund's
performance, rate of return, or yield. If distributions paid by the
Fund are greater than the performance of the Fund, then an
investor’s original investment will shrink. Distributions paid as a
result of capital gains realized by a Fund and income and dividends
earned by a Fund are taxable in the year they are paid. An
investor’s adjusted cost base will be reduced by the amount of any
returns of capital. If an investor’s adjusted cost base goes below
zero, then capital gains tax will have to be paid on the amount
below zero.
Sales Inquiries:
Ninepoint Partners LPNeil
Ross416-945-6227nross@ninepoint.com
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