Ninepoint Partners Announces July 2022 Cash Distributions for ETF Series Securities
July 22 2022 - 1:30PM
Ninepoint Partners LP (“Ninepoint Partners”) today announced the
July 2022 cash distributions for its ETF Series securities. The
record date for the distributions is July 29, 2022 for Ninepoint
High Interest Savings Fund and August 2, 2022 for Ninepoint
Alternative Credit Opportunities Fund, Ninepoint Energy Income Fund
and Ninepoint Target Income Fund. All distributions are payable on
August 9, 2022.
The per-unit July distributions are detailed below:
Ninepoint ETF Series |
Ticker |
Distribution per unit |
Notional Distributionper unit |
CUSIP |
Ninepoint High Interest Savings Fund |
NSAV |
$0.13398 |
$0.00000 |
65443X105 |
Ninepoint Alternative Credit Opportunities Fund |
NACO |
$0.10731 |
$0.00000 |
65443Q100 |
Ninepoint Energy Income Fund |
NRGI |
$0.08333 |
$0.00000 |
65444A104 |
Ninepoint Target Income Fund |
TIF |
$0.10000 |
$0.00000 |
65446C108 |
About Ninepoint Partners
Based in Toronto, Ninepoint Partners is one of
Canada’s leading alternative investment management firms overseeing
over $8 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 spanning Equities, Fixed Income, Alternative
Income, Real Assets, F/X and Digital Assets.
For more information on Ninepoint, please visit
www.ninepoint.com or inquiries regarding the Offering, please
contact us at (416) 943-6707 or (866) 299-9906 or
invest@ninepoint.com.For more information on Ninepoint, please
visit www.ninepoint.com or inquiries regarding the Offering, please
contact us at (416) 943-6707 or (866) 299-9906 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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