National Bank Investments Announces April 2020 Cash Distributions for certain NBI Exchange-Traded Funds

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National Bank Investments Announces April 2020 Cash Distributions for certain NBI Exchange-Traded Funds

Canada NewsWire

MONTREAL, April 16, 2020 /CNW Telbec/ - National Bank Investments Inc. (NBI) announced today the April 2020 cash distribution amounts per unit for certain exchange-traded funds, as indicated in the table below.

Unitholders of record on April 23, 2020 will receive cash distributions on April 30, 2020. Details of the per unit distribution amounts are as follows:

 

ETF Name

Ticker Symbol (TSX)

Cash Distribution
per Unit

Payment
Frequency

NBI Active Canadian Preferred Shares ETF

NPRF

$ 0.0700

Monthly

NBI Unconstrained Fixed Income ETF

NUBF

$ 0.0300

Monthly

NBI High Yield Bond ETF

NHYB

$ 0.0100

Monthly

NBI Sustainable Canadian Bond ETF

NSCB

$ 0.0100

Monthly

 

About NBI ETFs
NBI ETFs are offered by National Bank Investments Inc., a 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 March 31, 2020, assets under management in NBI products were valued at over $55 billion. Follow NBI's activities at nbinvestments.ca or via social media such as YouTube and LinkedIn.

Guided by a 100% 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.

About National Bank of Canada
With $289 billion in assets as at January 31, 2020, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 26,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media such as FacebookLinkedIn and Twitter.

SOURCE National Bank of Canada

Cision View original content: http://www.newswire.ca/en/releases/archive/April2020/16/c6836.html

Copyright CNW Group 2020

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