TORONTO, Dec. 28, 2018 /CNW/ - Scotia Global Asset
Management today announced the final year-end reinvested
distributions for the Scotia Strategic ETF Portfolios listed on the
TSX for the 2018 tax year. The record date for the
2018 final year-end reinvested distributions will be
December 31, 2018, payable on
January 4, 2019.
These are final year-end distributions of undistributed net
income and/or capital gains. The distributions will be reinvested
in additional units of the respective Scotia Strategic ETF
Portfolios 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 2018,
including the tax characteristics of the distributions, will be
reported to CDS Clearing and Depository Services Inc. in early
2019. Securityholders can contact their brokerage firm for this
information.
The final reinvested distribution amounts per unit are:
Scotia Strategic
ETF Portfolio name
|
Ticker symbol
(TSX)
|
Final reinvested
distribution per unit ($)
|
Scotia Strategic
Canadian Equity ETF Portfolio
|
SCAD
|
0.040
|
Scotia Strategic U.S.
Equity ETF Portfolio
|
SUSA
|
0.134
|
Scotia Strategic
International Equity ETF Portfolio
|
SINT
|
0.116
|
Scotia Strategic
Fixed Income ETF Portfolio
|
SFIX
|
0.000
|
For more information on the Scotia Strategic ETF Portfolios,
please visit scotiabank.com/ETF.
Commissions, management fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Please read the
prospectus before investing. The securities held by the ETFs can
change at any time without notice. Investments in ETFs are not
guaranteed, their values change frequently and past performance may
not be repeated.
About Scotia Global Asset Management
Scotia Global
Asset Management is a business name used by 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, and
investment solutions for private clients, institutional clients and
managed asset programs.
About Scotiabank
Scotiabank
is Canada's international bank and a leading financial
services provider in the Americas. We are dedicated to helping our
more than 25 million customers become better off 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 more than 97,000 employees and assets of $998
billion (as at October 31,
2018), Scotiabank 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
Twitter @ScotiabankViews.
SOURCE Scotiabank