MONTREAL, Nov. 15,
2024 /CNW/ - National Bank Investments Inc.
(‟NBI") announced today the November 2024 cash
distribution amounts per unit for certain NBI Exchange-Traded Funds
(‟NBI ETFs").
Unitholders of record on November 22,
2024, will receive cash distributions on November 29, 2024, as detailed in the table
below.
|
ETF
Name
|
Ticker
Symbol
(TSX)
|
Cash
Distribution
Per
Unit
|
Payment
Frequency
|
|
NBI Global Real Assets
Income ETF
|
NREA
|
$0.0500
|
Monthly
|
|
NBI Active Canadian
Preferred Shares ETF
|
NPRF
|
$0.1000
|
Monthly
|
|
NBI Unconstrained Fixed
Income ETF
|
NUBF
|
$0.0000*
|
Monthly
|
|
NBI High Yield Bond
ETF
|
NHYB
|
$0.1050
|
Monthly
|
|
NBI Sustainable
Canadian Bond ETF
|
NSCB
|
$0.0600
|
Monthly
|
|
NBI Sustainable
Canadian Corporate Bond ETF
|
NSCC
|
$0.0600
|
Monthly
|
|
NBI Sustainable
Canadian Short Term Bond ETF
|
NSSB
|
$0.0250
|
Monthly
|
|
NBI Canadian Dividend
Income ETF
|
NDIV
|
$0.0700
|
Monthly
|
|
*The monthly
distribution was temporarily suspended because the expenses of this
ETF exceeded the income it generated during the period.
|
About NBI ETFs
NBI ETFs are offered by
National Bank Investments Inc., an indirect 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, 2024,
assets under management in NBI products were valued at over
$93.38 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 signatory of the United
Nations-supported Principles for Responsible Investment, a member
of Canada's Responsible Investment
Association, and a founding participant in the Climate Engagement
Canada initiative.
About National Bank of Canada
With $454 billion in assets as at July 31, 2024, National Bank of
Canada is one of
Canada's six systemically
important banks. The Bank has approximately 30,000 employees in
knowledge-intensive positions and operates through three business
segments in Canada: Personal and
Commercial Banking, Wealth Management and Financial Markets. A
fourth segment, U.S. Specialty Finance and International,
complements the growth of its domestic operations. Its securities
are listed on the Toronto Stock Exchange (TSX: NA). Follow the
Bank's activities at nbc.ca or via social
media.
SOURCE National Bank of Canada
