TORONTO, Dec. 2021 (GLOBE NEWSWIRE) – Ninepoint Partners LP (“Ninepoint Partners”) today announced the December 2021 final cash distributions and annual final capital gains notional distributions for its ETF Series securities. The record date for distributions is December 31, 2021 for the Ninepoint High Interest Savings Fund and January 4, 2022 for the Ninepoint Diversified Bond Fund, the Ninepoint Alternative Credit Opportunities Fund and the Fund. Ninepoint energy. All distributions are payable on January 11, 2022.
With respect to the annual notional capital gains distributions, they will be reinvested in additional securities of the respective ETF series and do not take into account the cash distributions for the month of December. The additional Units will be immediately consolidated, such that there will be the same number of Units outstanding before and after the payment of the distribution.
The actual taxable amounts of the 2021 distributions, including their tax characteristics, will be communicated to CDS Clearing and Depository Services Inc. in early 2022. Unitholders may contact their broker for this information.
Here are the details of the final distributions per unit for December:
About Ninepoint Partners
Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms. She oversees approximately $ 8 billion in assets under management, including institutional contracts. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies, including alternative income and real assets, in addition to North American and global equities.
For more information on Ninepoint Partners LP, please visit www.ninepoint.com or contact us by phone at 416 943-6707 or 866 299-9906, or by email at invest @ ninepoint. com.
Ninepoint Partners LP is the investment manager of the Ninepoint funds (collectively, the “Funds”). An investment in these Funds may give rise to commissions, trailing commissions, management fees, performance fees (if any) and other expenses. Please read the prospectus carefully before investing. The information contained in this communication does not constitute an offer or a solicitation by any person residing in the United States or any other country where such an offer or solicitation is not authorized, or to any person that it is unlawful. to solicit or to whom it is illegal to make such an offer. Prospective investors who are not resident in Canada should consult their financial advisor to determine whether the securities of the Fund may be legally sold in their country.
Please note that the distribution factors (allocation between income, capital gains and return of capital) can only be calculated when a fund has reached its year end. This distribution information for tax reporting purposes cannot be relied upon as it only represents one component of the total distribution for the fiscal year. For exact distribution amounts for filing a tax return, see the T3 or T5 slips for the tax year in question. Refer to the prospectus or offering memorandum of each Fund for details of the Fund’s distribution policy.
The payment and allocation of distributions, if any, are not guaranteed and may fluctuate. Payment of Distributions should not be confused with the performance or rate of return of a Fund. If the distributions paid by the Fund are greater than its return, then the value of the investor’s original investment will decrease. Distributions paid arising from capital gains realized by a Fund, and income and dividends earned by a Fund are taxable in the year in which they are paid. An Investor’s Adjusted Cost Base will be reduced by the amount of any return of capital. If an investor’s adjusted cost base becomes less than zero, capital gains tax will have to be paid on the amount less than zero.
Sales questions:
Ninepoint LP Partners
Neil ross
416 945-6227
[email protected]
