PRESS RELEASES
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., a 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.
Information:
Alexandre Guay
Chief Advisor, Public Affairs
National Bank of Canada