NCM Asset Management Ltd. Announces Year End Distributions

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Calgary, Alberta--(Newsfile Corp. - December 31, 2021) - NCM Asset Management Ltd. ("NCM"), the Manager of a strategically focused group of public mutual funds and alternative funds ("NCM Investments"), announced today that year end distributions have been declared for the following funds:

  • $6.9801 per unit for NCM Norrep Fund
  • $0.6374 per unit for NCM Conservative Income Portfolio
  • $1.4625 per unit for NCM Balanced Income Portfolio
  • $1.9724 per unit for NCM Growth & Income Portfolio

All year end distributions are payable on Dec 31, 2021, to unitholders of record at the close of business on Dec 30, 2021.

Unitholders with questions regarding the tax treatment of year end distributions should consult with their own tax advisors or contact their local office of the Canada Revenue Agency and, where applicable, the provincial taxation authorities.

NCM Asset Management Ltd. is a Canadian investment firm with offices in Calgary and Toronto. Please visit ncminvestments.com for more details.

For more information, please contact:
Client Services
NCM Asset Management Ltd.
(403) 531-2650

* Based on the F Series; rates may differ for other series.

Certain information set forth in this press release, including a discussion of future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation of commodity prices, fluctuation of foreign exchange rates, environmental risks industry competition, availability of qualified personnel and management, stock market volatility, timely and cost effective access to sufficient capital from internal and external sources. Actual results, performance or achievement could differ from those expressed in or implied by these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108810

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).