TORONTO, Dec. 22, 2021 /CNW/ - Scotia Global Asset
Management today announced the estimated year-end cash
distributions for the Scotia Index Tracker ETFs listed on the NEO
Exchange for the 2021 tax year. Please note that these are
estimated amounts only and have been calculated based upon
information as of December 15, 2021.
The final 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 30,
2021. The record date for the 2021 year-end distributions
will be December 31, 2021, payable on
January 10, 2022.
The actual taxable amounts of cash distributions for 2021,
including the tax characteristics of the distributions, will be
reported to CDS Clearing and Depository Services Inc. in early
2022. Securityholders can contact their brokerage firm for this
information.
The estimated cash distribution amounts per unit and payable
dates are:
Scotia ETF
name
|
Ticker
symbol
|
Estimated cash
distribution per unit
($)
|
Scotia Canadian Bond
Index Tracker ETF
|
SITB
|
0.024
|
Scotia Canadian Large
Cap Equity Index Tracker ETF
|
SITC
|
0.146
|
Scotia U.S. Equity
Index Tracker ETF
|
SITU
|
0.065
|
Scotia International
Equity Index Tracker ETF
|
SITI
|
0.178
|
For more information on the Scotia ETFs, please visit here.
Commissions, management fees and expenses all may be associated
with mutual fund investments, including exchange-traded funds
(ETFs). Please read the prospectus before investing. The securities
held by the ETFs can change at any time without notice. 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 approximately 90,000 employees and assets of
approximately $1.2 trillion (as at
October 31, 2021), 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
@ScotiabankViews.
SOURCE Scotiabank