Ninepoint Partners Announces Estimated Annual 2022 Capital Gains Distributions for ETF Series Securities
17 December 2022 - 9:35AM
Ninepoint Partners LP (“Ninepoint Partners”) today announced the
estimated annual 2022 capital gains distributions for its ETF
Series securities. Ninepoint Partners expects to announce the final
year-end distribution amounts on or about December 21, 2022. The
record date for the distributions is December 30, 2022 All
distributions are payable on January 9, 2023.
The per-unit estimated distributions are detailed below:
Ninepoint ETF Series |
Ticker |
Estimated Notional CapitalGain Distribution per
unit |
CUSIP |
Ninepoint Energy Fund |
NNRG |
$4.89 |
65443T203 |
NOTE: All estimates in this document do not
incorporate forward looking information and are based on the
accounting data as of November 1, 2022. Due to the market
conditions, the actual year end allocable amount may differ from
these estimates and the difference could be material. The
information included in this letter is for reference purposes only.
Please reconcile all information against your official client
statements. This is not intended to be a statement for official tax
reporting purposes or any form of tax advice. NNRG.U will pay the
$USD equivalent of the NNRG capital gain distribution.
Ninepoint Partners confirms that as of November 1, 2022, the
following Funds are not expected to have annual capital gains
distributions for the 2022 tax year:
Ninepoint High Interest Savings Fund (ETF Series)Ninepoint
Alternative Credit Opportunities Fund (ETF Series)Ninepoint
Diversified Bond Fund (ETF Series)Ninepoint Target Income Fund (ETF
Series)Ninepoint Alternative Health Fund (ETF Series)Ninepoint
Carbon Credit ETF (ETF Series)Ninepoint Energy Income Fund (ETF
Series)Ninepoint Gold & Precious Minerals Fund (ETF
Series)Ninepoint Silver Equities Fund (ETF Series)Ninepoint Bitcoin
ETF
About Ninepoint Partners
Based in Toronto, Ninepoint Partners is one of
Canada’s leading alternative investment management firms overseeing
$8.2 billion in assets under management and 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 spanning Equities, Fixed Income, Alternative
Income, Real Assets, F/X and Digital Assets.
For more information on Ninepoint Partners LP,
please visit www.ninepoint.com or for inquiries regarding the
offering, please contact us at (416) 943-6707 or (866) 299-9906 or
invest@ninepoint.com.
Ninepoint Partners LP is the investment manager
to the Ninepoint Funds (collectively, the “Funds”). Commissions,
trailing commissions, management fees, performance fees (if any),
and other expenses all may be associated with investing in the
Funds. Please read the prospectus carefully before investing. The
information contained herein does not constitute an offer or
solicitation by anyone in the United States or in any other
jurisdiction in which such an offer or solicitation is not
authorized or to any person to whom it is unlawful to make such an
offer or solicitation. Prospective investors who are not resident
in Canada should contact their financial advisor to determine
whether securities of the Fund may be lawfully sold in their
jurisdiction.
Please note that distribution factors (breakdown
between income, capital gains and return of capital) can only be
calculated when a fund has reached its year-end. Distribution
information should not be relied upon for income tax reporting
purposes as this is only a component of total distributions for the
year. For accurate distribution amounts for the purpose of filing
an income tax return, please refer to the appropriate T3/T5 slips
for that particular taxation year. Please refer to the prospectus
or offering memorandum of each Fund for details of the Fund’s
distribution policy.
The payment of distributions and distribution
breakdown, if applicable, is not guaranteed and may fluctuate. The
payment of distributions should not be confused with a Fund's
performance, rate of return, or yield. If distributions paid by the
Fund are greater than the performance of the Fund, then an
investor’s original investment will shrink. Distributions paid as a
result of capital gains realized by a Fund and income and dividends
earned by a Fund are taxable in the year they are paid. An
investor’s adjusted cost base will be reduced by the amount of any
returns of capital. If an investor’s adjusted cost base goes below
zero, then capital gains tax will have to be paid on the amount
below zero.
Sales Inquiries:
Ninepoint Partners LPNeil
Ross416-945-6227nross@ninepoint.com
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