TORONTO, May 20, 2021 /CNW/ - Scotia Global Asset
Management ("Scotia GAM") today announced the final net asset
values for the four Scotia Strategic ETF Portfolios (the
"ETFs").
On March 1, 2021, Scotia GAM
announced the termination of the ETFs. The ETFs were terminated
effective May 19, 2021 (the
"Termination Date") and were delisted from the Toronto Stock
Exchange ("TSX") following market close on May 14, 2021.
Unitholders of record on the Termination Date will receive final
payments from the liquidation of the assets of the ETFs, net of all
liabilities and expenses, on May 21,
2021, without any further action required by those
unitholders. The proceeds will consist of the final cash
distribution, if any, payable to unitholders immediately prior to
the termination of the ETFs and the final proceeds on the
redemption of units held by unitholders.
The final distribution and proceeds per unit of each ETF are as
follows:
Name of
ETF
|
Ticker
|
Final
distribution
per unit
($CAD)
|
Final
proceeds
per unit
($CAD)
|
Total
NAV
per unit
($CAD)
|
Scotia Strategic
Canadian Equity ETF Portfolio
|
SCAD
|
0.780000
|
22.176402
|
22.956402
|
Scotia Strategic
Fixed Income ETF Portfolio
|
SFIX
|
0.103000
|
20.689280
|
20.792280
|
Scotia Strategic
International Equity ETF Portfolio
|
SINT
|
0.000000
|
19.079081
|
19.079081
|
Scotia Strategic U.S.
Equity ETF Portfolio
|
SUSA
|
0.000000
|
26.417320
|
26.417320
|
Commissions, trailing commissions, management fees and expenses
all may be associated with investments in the ETFs. Please read the
prospectus before investing. Investments in the 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 a leading bank in the
Americas. Guided by our purpose: "for every future", we help our
customers, 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 a team of approximately 90,000 employees and assets of
approximately $1.2 trillion (as at
January 31, 2021), Scotiabank trades
on the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank