These are estimated distributions of undistributed net income and/or capital gains. These distributions are typically reinvested in additional units of the respective Scotia Strategic ETF Portfolios at year-end, and do not include estimates of any monthly and/or quarterly cash distributions for the remainder of the year. 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.
We expect to announce updated estimates of the year-end reinvested distribution amounts (as well as any monthly and/or any quarterly cash distribution amounts, as applicable) on or about
The actual taxable amounts of reinvested and cash distributions for 2020, including the tax characteristics of the distributions, will be reported to
The estimated reinvested distribution amounts are:
Scotia Strategic ETF Portfolio name | Ticker | Estimated year-end |
Scotia Strategic Canadian Equity ETF Portfolio | SCAD | 0.000 |
Scotia Strategic | SUSA | 0.000 |
Scotia Strategic International Equity ETF Portfolio | SINT | 0.000 |
Scotia Strategic Fixed Income ETF Portfolio | SFIX | 0.0451 |
Forward-looking information
This notice contains forward-looking statements with respect to the year-end reinvested distributions for the Scotia Strategic ETF Portfolios. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from the estimated distributions set forth in this notice. Factors that could cause the actual distributions to differ from the estimated distributions between now and the Scotia Strategic ETF Portfolios' tax year end include, but are not limited to, the actual amounts of distributions received by the Scotia Strategic ETF Portfolios; trading activity within the Scotia Strategic ETF Portfolios, including buying and selling of securities; and subscription and redemption activity.
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
About Scotiabank
Scotiabank is a leading bank in the
SOURCE Scotiabank
© Canada Newswire, source