Scotia Global Asset Management announces estimated year-end cash distributions for the Scotia Index Tracker ETFs

TORONTO, Dec. 22, 2021 /CNW/ - Scotia Global Asset Management today announced the estimated year-end cash distributions for the Scotia Index Tracker ETFs listed on the NEO Exchange for the 2021 tax year. Please note that these are estimated amounts only and have been calculated based upon information as of December 15, 2021. The final distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors.

We expect to announce the final year-end cash distribution amounts on or about December 30, 2021. The record date for the 2021 year-end distributions will be December 31, 2021, payable on January 10, 2022.

The actual taxable amounts of cash distributions for 2021, including the tax characteristics of the distributions, will be reported to CDS Clearing and Depository Services Inc. in early 2022. Securityholders can contact their brokerage firm for this information.

The estimated cash distribution amounts per unit and payable dates are:

Scotia ETF name

Ticker
symbol

Estimated cash
distribution per unit
($)

Scotia Canadian Bond Index Tracker ETF

SITB

0.024

Scotia Canadian Large Cap Equity Index Tracker ETF

SITC

0.146

Scotia U.S. Equity Index Tracker ETF

SITU

0.065

Scotia International Equity Index Tracker ETF

SITI

0.178

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

Commissions, management fees and expenses all may be associated with mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. The securities held by the ETFs can change at any time without notice. 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 approximately 90,000 employees and assets of approximately $1.2 trillion (as at October 31, 2021), 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 @ScotiabankViews.

SOURCE Scotiabank

For further information: For media enquiries, please contact: Alex Mathias, Global Wealth Management Communications, Scotiabank, alexandra.mathias@scotiabank.com, 416-448-7044