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TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the final November 2024 cash distribution for the Ninepoint Cash Management Fund – ETF Series. The standard distribution date is November 29, 2024. This distribution is payable on December 6, 2024.
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Details of the final November distribution per unit are as follows:
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About Ninepoint Partners
Toronto-based Ninepoint Partners LP is one of Canada’s leading alternative investment managers, overseeing approximately $7 billion in assets under management and institutional contracts. Ninepoint is committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, and offers a variety of alternative strategies including alternative income and real assets, as well as North American and global equities.
For more information about Ninepoint Partners LP, please visit www.ninepoint.com or please contact us at 416.362.7172, 1.888.362.7172 or Invest@ninepoint.com.
Ninepoint Partners LP is the investment manager of the Ninepoint Funds (collectively the “Funds”). Commissions, late commissions, management fees, performance fees (if applicable) and other expenses may all be associated with investing in funds. Please read the prospectus carefully before investing. The information contained herein does not constitute an offer or solicitation by any person in the United States or in any other jurisdiction in which such an offer or solicitation is not permitted or to any person to whom such an offer or solicitation may lawfully be made. Prospective investors who are not resident in Canada should contact their financial advisor to determine whether the Fund’s securities may be lawfully sold in their jurisdiction.
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Please note that the distribution factors (the split between income, capital gains and return of capital) can only be calculated when the fund reaches the end of the year. Distribution information should not be relied upon for income tax reporting purposes as this is only a portion of the total distributions for the year. For exact distribution amounts for the purpose of filing your income tax return, please refer to the appropriate T3/T5 slips for that specific tax year. Please refer to each Fund’s prospectus or offering memorandum for details of the Fund’s distribution policy.
Payment of distributions and distribution details, if any, are not guaranteed and may fluctuate. The payment of distributions should not be confused with the fund’s performance, rate of return or return. If the distributions paid by the Fund are greater than the Fund’s performance, the investor’s original investment will diminish. Distributions paid as a result of capital gains earned by the Fund and income and dividends earned by the Fund are taxable in the year they are paid. The investor’s adjusted cost base will be reduced by the amount of any returns of capital. If an investor’s adjusted cost base is less than zero, capital gains tax must be paid on the amount that is less than zero.
Sales inquiries:
Ninepoint Partners LP
Neil Ross
416-945-6227
nross@ninepoint.com
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