Ninepoint Partners Announces Estimated December 2024 Cash and Annual Notional Distributions for ETF Series Securities

/EIN News/ -- TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint Partners”) today announced the estimated December 2024 cash distributions and annual notional capital gains distributions for its ETF Series securities. The record date for the distributions is December 31, 2024 for all the ETF Series securities listed in the table below. All distributions are payable on January 8, 2025.

Please note that these are estimated amounts only and have been calculated based upon information as of December 13, 2024.  The final distributions may change due to subscriptions or redemptions activity before the ex-dividend date or other factors.

For the annual notional capital gains distributions, these will be reinvested in additional units of the respective ETF Series securities 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 before the distribution.

The actual taxable amounts of distributions for 2024, including the tax characteristics of the distributions, will be reported to CDS Clearing and Depository Services Inc. in early 2025. Securityholders can contact their brokerage firm for this information.

The per-unit estimated December distributions are detailed below:

Ninepoint ETF Series	Ticker	Cash Distribution per unit	Notional Capital Gains Distribution per unit	CUSIP
Ninepoint Alternative Credit Opportunities Fund	NACO	$0.07828	$0.00000	65443Q100
Ninepoint Cash Management Fund	NSAV	$0.15829	$0.00000	65443X105
Ninepoint Diversified Bond Fund	NBND	$0.04775	$0.00000	65443H100
Ninepoint Energy Fund	NNRG	$0.18876	$4.27149	65443T203
	NNRG.U	US$0.13164	US$2.97894	65443T302
Ninepoint Energy Income Fund	NRGI	$0.11865	$0.00000	65444A104
Ninepoint Target Income Fund	TIF	$0.10068	$0.00000	65446C108

About Ninepoint Partners

Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $7 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 Partners LP, please visit www.ninepoint.com or 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 LP
Neil Ross
416-945-6227
nross@ninepoint.com