Cash Distribution Announcement by Ninepoint Partners
Toronto-based Ninepoint Partners LP has recently made a noteworthy announcement regarding the final cash distribution for their Ninepoint Cash Management Fund - ETF Series. This announcement highlights the importance of timely information for investors seeking to understand their potential returns and management of their assets.
Details of the September Distribution
The upcoming cash distribution details are crucial for unit holders. The record date for this distribution is set for September 27, 2024, with the payments scheduled to be dispatched on October 7, 2024. This structured approach ensures that investors are informed well in advance to manage their financial planning effectively.
Distribution Breakdown
For those looking at the specifics, here's a breakdown of the final September distribution:
Ninepoint Cash Management Fund Details
Ticker: NSAV
Cash Distribution per unit: $0.15667
Notional Distribution per unit: $0.00000
CUSIP: 65443X105
About Ninepoint Partners
Ninepoint Partners LP is recognized as a leading alternative investment management firm in Canada, proudly overseeing approximately $7 billion in assets. With a committed focus on innovative investment strategies, the firm aids investors in enhancing returns and effectively managing risks through diverse alternative strategies which include Alternative Income, Real Assets, and both North American and Global Equities.
Investment Solutions Offered
Ninepoint Partners emphasizes unique investment solutions tailored for the modern investor, reflecting a deep understanding of market trends and needs. This allows clients to navigate complex investment landscapes while pursuing potential growth opportunities within their portfolios. Their professionalism in providing alternative strategies serves as a cornerstone of their operational philosophy.
Contact Ninepoint Partners for More Information
If you’re seeking further information about Ninepoint Partners LP and their offerings, they encourage direct contact through their service lines. The dedicated team is available to answer inquiries and provide guidance on investment opportunities available through their funds. They can be reached at 416.362.7172 or 1.888.362.7172.
Understanding Fund Distributions
It is essential for investors to understand that distribution figures can fluctuate and are based on several factors, including the fund’s performance and market conditions. Detailed attention is warranted during the tax season, as distributions can affect reporting depending on the breakdown of income, capital gains, and returns of capital.
Frequently Asked Questions
What is the record date for Ninepoint's distribution?
The record date for the distribution is September 27, 2024.
When will the cash distribution be paid?
Investors can expect the cash distribution to be payable on October 7, 2024.
What is the cash distribution amount per unit?
The cash distribution per unit is reported to be $0.15667.
Where is Ninepoint Partners based?
Ninepoint Partners LP is headquartered in Toronto, Canada.
How can I contact Ninepoint Partners for inquiries?
You can reach Ninepoint Partners at 416.362.7172 or 1.888.362.7172 for any inquiries.
