Scotia Global Asset Management announces final year-end reinvested distributions for the Scotia ETFs

TORONTO, Dec. 29, 2022 /CNW/ - Scotia Global Asset Management today announced the final year-end reinvested distributions for the Scotia ETFs listed on the NEO Exchange for the 2022 tax year.  Unitholders of record on December 30, 2022 will receive the reinvested distributions for the respective Scotia ETFs on January 9, 2023.

These are final year-end distributions which will be reinvested in additional units of the respective Scotia ETFs and do not include any cash distribution amounts for December. The additional units will be immediately consolidated so that the number of units outstanding following the distribution will equal the number of units outstanding prior to the distribution.

The actual taxable amounts of reinvested distributions for 2022, including the tax characteristics of the distributions, will be reported to CDS Clearing and Depository Services Inc. in early 2023. Securityholders can contact their brokerage firm for this information.

The final reinvested distribution amounts per unit are:

Scotia ETF name	Ticker symbol	Final reinvested distribution per unit ($)
Scotia Canadian Bond Index Tracker ETF	SITB	0.000
Scotia Canadian Large Cap Equity Index Tracker ETF	SITC	0.000
Scotia Emerging Markets Equity Index Tracker ETF	SITE	0.218
Scotia International Equity Index Tracker ETF	SITI	0.000
Scotia Responsible Investing Canadian Bond Index ETF	SRIB	0.000
Scotia Responsible Investing Canadian Equity Index ETF	SRIC	0.000
Scotia Responsible Investing International Equity Index ETF	SRII	0.000
Scotia Responsible Investing U.S. Equity Index ETF	SRIU	0.000
Scotia U.S. Equity Index Tracker ETF	SITU	0.000

For more information on the Scotia ETFs, please visit here.

Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments, including ETFs.  Please read the prospectus before investing. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

About Scotia Global Asset Management

Scotia Global Asset Management includes 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, ETFs, and investment solutions for private clients, institutions 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 over 90,000 employees and assets of approximately $1.3 trillion (as at October 31, 2022), 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 @Scotiabank.

SOURCE Scotiabank

For media enquiries, please contact: Alex Mathias, Global Wealth Management Communications, Scotiabank, [email protected], 416-448-7044