Scotia Global Asset Management announces January 2024 cash distributions for Scotia ETFs and risk rating change

TORONTO, Jan. 19, 2024 /CNW/ - Scotia Global Asset Management announced today the January 2024 cash distributions for the Scotia ETFs listed on the Cboe Canada, which pay on a monthly basis. Unitholders of record on January 26, 2024 will receive a cash distribution payable on February 2, 2024, as noted below.

For more information on the Scotia ETFs, please visit Scotia Exchange Traded Funds (ETF) website.

The risk rating for 1832 AM Global Completion LP will be changing to "Medium," effective today. This change is in accordance with the Risk Classification Methodology mandated by the Canadian Securities Administrators (CSA). There is no change to the investment objective or strategy of the Fund, associated with the new risk rating.

A summary of the investment risk classification methodology, investment objective and strategy of the Fund can be found in the Fund's simplified prospectus available at www.scotiafunds.com.

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.

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. For more information, please visit www.scotiagam.com.

Scotiabank's vision is to be our clients' most trusted financial partner, to deliver sustainable, profitable growth and maximize total shareholder return. Guided by our purpose: "for every future," we help our clients, 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 assets of approximately $1.4 trillion (as at October 31, 2023), 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 X @Scotiabank.

SOURCE Scotiabank