Ninepoint Partners Announces April 2024 Cash Distributions for ETF Series Securities
23 April 2024 - 8:55PM
Ninepoint Partners LP (“Ninepoint Partners”) today announced the
April 2024 cash distributions for its ETF Series securities. The
record date for the distributions is April 30, 2024 for Ninepoint
High Interest Savings Fund and May 1, 2024 for Ninepoint
Diversified Bond Fund, Ninepoint Alternative Credit Opportunities
Fund, Ninepoint Energy Income Fund and Ninepoint Target Income
Fund. All distributions are payable on May 8, 2024.
The per-unit April distributions are detailed below:
Ninepoint ETF Series |
Ticker |
Distribution per unit |
Notional Distribution per unit |
CUSIP |
Ninepoint Diversified Bond Fund |
NBND |
$0.04965 |
$0.00000 |
65443H100 |
Ninepoint High Interest Savings Fund |
NSAV |
$0.17002 |
$0.00000 |
65443X105 |
Ninepoint Alternative Credit Opportunities Fund |
NACO |
$0.09323 |
$0.00000 |
65443Q100 |
Ninepoint Energy Income Fund |
NRGI |
$0.11865 |
$0.00000 |
65444A104 |
Ninepoint Target Income Fund |
TIF |
$0.10068 |
$0.00000 |
65446C108 |
About Ninepoint Partners
Based in Toronto, Ninepoint Partners LP is one
of Canada’s leading alternative investment management firms
overseeing approximately $7 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 including Alternative Income and Real
Assets, in addition to North American and Global Equities.
For more information on Ninepoint Partners LP,
please visit www.ninepoint.com or please contact us at 416.362.7172
or 1.888.362.7172 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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