TORONTO, Dec. 19,
2024 /CNW/ - Scotia Global Asset Management
today announced the estimated year-end cash distributions for the
Scotia ETFs listed on the Cboe Canada Exchange for the 2024 tax
year. Please note that these are estimated amounts only and have
been calculated based upon information as of December 15, 2024. The final cash 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,
2024. The record date for the 2024 year-end distributions
will be December 30, 2024, payable on
January 5, 2025.
The actual taxable amounts of cash distributions for 2024,
including the tax characteristics of the distributions, will be
reported to CDS Clearing and Depository Services Inc. in early
2025. Securityholders can contact their brokerage firm for this
information.
The estimated cash distribution amounts per unit are:
|
Scotia ETF
name
|
Ticker
symbol
|
Estimated cash
distribution per
unit ($)
|
|
Scotia Canadian Bond
Index Tracker ETF
|
SITB
|
0.04800
|
|
Scotia Canadian Large
Cap Equity Index Tracker ETF
|
SITC
|
0.15920
|
|
Scotia Emerging Markets
Equity Index Tracker ETF
|
SITE
|
0.15360
|
|
Scotia International
Equity Index Tracker ETF
|
SITI
|
0.17040
|
|
Scotia Responsible
Investing Canadian Bond Index ETF
|
SRIB
|
0.00000
|
|
Scotia Responsible
Investing Canadian Equity Index ETF
|
SRIC
|
0.13380
|
|
Scotia Responsible
Investing International Equity Index ETF
|
SRII
|
0.11800
|
|
Scotia Responsible
Investing U.S. Equity Index ETF
|
SRIU
|
0.06550
|
|
Scotia U.S. Equity
Index Tracker ETF
|
SITU
|
0.07940
|
Forward-looking information
This notice contains
forward-looking statements with respect to the year-end cash
distributions for the Scotia ETFs. By their nature, these
forward-looking statements involve risks and uncertainties that
could cause the actual distributions to differ materially from the
estimated distributions in this notice. Factors that could cause
the final distributions to differ include, but are not limited to,
the trading activity within the Scotia ETFs, and subscription and
redemption activity.
For more information on the Scotia ETFs, please visit Scotia
Exchange Traded Funds (ETF) website.
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 and deliver sustainable,
profitable growth. 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,
2024), Scotiabank is one of the largest banks in
North America by assets, and
trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit
www.scotiabank.com and follow us on X @Scotiabank.
SOURCE Scotiabank