MONTREAL, Nov. 29,
2024 /CNW/ - National Bank Investments Inc. ("NBI")
announces today the final proceeds relating to the termination of
the NBI Canadian Family Business ETF (ticker symbol: NFAM) (the
"ETF") previously announced on September 12,
2024.
The units of the ETF were delisted from the Toronto Stock
Exchange on November 26, 2024. The
proceeds from the liquidation of the assets, less all liabilities
and expenses incurred in connection with this termination (the
"Termination Proceeds") are as follows:
|
Ticker
Symbol
|
Final NAV per
Unit
|
Breakdown of Final
NAV per Unit
|
|
Income
|
Capital
Gain
|
Capital
|
|
NFAM
|
$33.239742
|
$0.798168
|
$0.00
|
$32.441574
|
Each unitholder will receive the Termination Proceeds on a pro rata
basis as per the table above. No further action is required on the
part of unitholders. The Termination Proceeds will be paid on or
around November 29, 2024, to CDS
Clearing and Depository Services Inc. Investors will then receive
the amount to which they are entitled according to their brokerage
firm's processing delay.
About NBI ETFs
NBI ETFs are offered by
National Bank Investments Inc., an indirect wholly owned subsidiary
of National Bank of Canada.
Management fees, brokerage fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Please read the
prospectus or ETF Facts document before investing. ETFs are not
guaranteed, their values change frequently, and past performance
may not be repeated. ETF units are bought and sold at market price
on a stock exchange and brokerage commissions will reduce
returns.
About National Bank Investments
Inc.
National Bank Investments Inc.
("NBI") is an investment funds management firm committed to
manufacturing and offering mutual funds, investment solutions and
services designed to help Canadian investors pursue their financial
goals. As at September 30, 2024,
assets under management in NBI products were valued at over
$93.38 billion.
Guided by an open architecture strategy, NBI is dedicated to
providing diverse solutions to meet the evolving needs of its
clients. NBI consistently strives to be recognized as a key partner
by combining innovation and excellence. NBI's role is not limited
to administrative aspects of management; NBI Advisory Services and
its registered representatives form a team of specialists who
provide information and advice to help advisors build portfolios
adapted to their clients' financial needs. Follow NBI's activities
at nbinvestments.ca or via social media
such
as YouTube and LinkedIn.
National Bank Investments is a signatory of the United
Nations-supported Principles for Responsible Investment, a member
of Canada's Responsible Investment
Association, and a founding participant in the Climate Engagement
Canada initiative.
About National Bank of Canada
With $454 billion in assets as at July 31, 2024, National Bank of Canada is one of Canada's six systemically important banks. The
Bank has approximately 30,000 employees in knowledge-intensive
positions and operates through three business segments in
Canada: Personal and Commercial
Banking, Wealth Management and Financial Markets. A fourth segment,
U.S. Specialty Finance and International, complements the growth of
its domestic operations. Its securities are listed on the Toronto
Stock Exchange (TSX: NA). Follow the Bank's activities at
nbc.ca or via social media.
SOURCE National Bank of Canada
