TORONTO, Dec. 28,
2023 /CNW/ - Scotia Global Asset Management today
announced the final year-end reinvested distributions for the
Scotia ETFs listed on the NEO Exchange for the 2023 tax year.
Unitholders of record on December 29,
2023 will receive the reinvested distributions for the
respective Scotia ETFs on January 8,
2024.
These are final year-end distributions which will be reinvested
in additional units of the respective Scotia ETFs 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 prior to the distribution.
The actual taxable amounts of reinvested 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 final reinvested distribution amounts per unit are:
Scotia ETF
name
|
Ticker
symbol
|
Final
reinvested
distribution per
unit ($)
|
Scotia Canadian Bond
Index Tracker ETF
|
SITB
|
0.00000
|
Scotia Canadian Large
Cap Equity Index Tracker ETF
|
SITC
|
0.00000
|
Scotia Emerging Markets
Equity Index Tracker ETF
|
SITE
|
0.00000
|
Scotia International
Equity Index Tracker ETF
|
SITI
|
0.00000
|
Scotia Responsible
Investing Canadian Bond Index ETF
|
SRIB
|
0.00000
|
Scotia Responsible
Investing Canadian Equity Index ETF
|
SRIC
|
0.07261
|
Scotia Responsible
Investing International Equity Index ETF
|
SRII
|
0.00913
|
Scotia Responsible
Investing U.S. Equity Index ETF
|
SRIU
|
0.63077
|
Scotia U.S. Equity
Index Tracker ETF
|
SITU
|
0.00000
|
For more information on the Scotia ETF, 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. For more information, please visit
www.scotiagam.com.
About Scotiabank
Scotiabank's vision is to be our clients' most trusted financial
partner, to deliver sustainable, profitable growth and maximize
total shareholder return. Guided by our purpose: "for every
future," we help our clients, 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 assets of approximately $1.4 trillion (as at October 31, 2023), 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 X @Scotiabank.
SOURCE Scotiabank