MONTREAL, Oct. 17, 2025 /CNW/ - In connection with the previously announced merger of the NBI Global Real Assets Income ETF (the "Merging ETF"), National Bank Investments Inc. (‟NBI" or the "Manager") announced today the estimated final distribution (the "Distribution") for the Merging ETF. Please note that this is an estimated amount as of October 17, 2025, and includes certain forward-looking information, which may cause the Distribution to change before the completion of the merger on October 24, 2025. Merging ETF | TSX Ticker | Estimated Final Distribution Amount (per ETF Unit) as of October 17, 2025 | NBI Global Real Assets Income ETF | NREA | $1.254569 |
The Merging ETF will distribute any net income and capital gain earned during the year. The Distribution will generally consist of capital gains and/or any excess net income as of the date of the merger. The Distribution will not be paid in cash. Instead, it will be reinvested and the resulting ETF units immediately consolidated so that the number of ETF units held by each investor will not change. Investors holding their ETF units outside registered plans will have taxable amounts to report and will see an increase in the adjusted cost base of their investment. In all cases, the Distribution (if any) will be reinvested on or about October 24, 2025, for unitholders of record on October 24, 2025. NBI expects to announce the final, confirmed Distribution amount (subject to any further revisions to the per ETF unit amounts resulting from subscription and redemption activity prior to the record date), on or about October 27, 2025. The actual taxable amount of all distributions for 2025, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") and will be posted on NBI's website in early 2026. NBI provides an estimated distribution for information purposes only. The information provided is not intended to be, nor should they be construed as, legal or tax advice. For further information regarding the Merging ETF, please visit www.nbinvestments.ca/about-us/press-releases. Caution Regarding Forward-Looking Statements
Certain statements made in this press release are forward-looking statements, including statements with respect to the estimated final distribution for the NBI Global Real Assets Income ETF. These forward-looking statements are based on our current estimates and are subject to inherent risks and uncertainties, many of which are beyond NBI's control and the effects of which can be difficult to predict, including possible further revisions to the per ETF unit amounts resulting from subscription and redemption activity prior to the record date, the actual amount of capital gains generated from sales of securities, general economic and market conditions, the failure to satisfy any applicable stock exchange requirements, as well as those risk factors discussed or referred to in the NBI Global Real Assets Income ETF's prospectus available at www.sedarplus.ca. Investors and others who rely on these forward-looking statements should carefully consider the aforementioned factors as well as the uncertainties they represent and the risk they entail. Except as required by law, NBI does not undertake to update any forward-looking statements, whether written or oral, that may be made from time to time, by it or on its behalf. The forward-looking information contained in this press release is presented for the purpose of interpreting the information contained herein and may not be appropriate for other purposes. About NBI ETFs
NBI ETFs are offered by National Bank Investments Inc., an indirect wholly owned subsidiary of National Bank of Canada and sold by authorized dealers. Management fees, brokerage fees and expenses all may be associated with investments in exchange-traded funds ( "ETFs " ). Please read the prospectus or ETF Facts document before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. About NBI Funds
The NBI Funds (the "Funds") are offered by National Bank Investments Inc., an indirect wholly owned subsidiary of National Bank of Canada and sold by authorized dealers. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the Funds before investing. Securities of the Funds are not insured by the Canada Deposit Insurance Corporation or any other government deposit insurer. The Funds are not guaranteed, their values change frequently, and past performance may not be repeated.ETF Series units of the Funds are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. ETF Series of the Funds do not seek to return any predetermined amount at maturity. About National Bank Investments Inc.
National Bank Investments Inc. ("NBI") is an investment funds management firm committed to manufacturing and offering mutual funds, investment solutions and services designed to help Canadian investors pursue their financial goals. As at September 30, 2025, assets under management in NBI products were valued at over $105 billion. Guided by an open architecture strategy, NBI is dedicated to providing diverse solutions to meet the evolving needs of its clients. NBI consistently strives to be recognized as a key partner by combining innovation and excellence. NBI's role is not limited to administrative aspects of management; NBI Advisory Services and its registered representatives form a team of specialists who provide information and advice to help advisors build portfolios adapted to their clients' financial needs. Follow NBI's activities at nbinvestments.ca or via social media. National Bank Investments is a signatory of the United Nations-supported Principles for Responsible Investment, a member of Canada's Responsible Investment Association, and a founding participant in the Climate Engagement Canada initiative. About National Bank of Canada
With $553 billion in assets as at July 31, 2025, National Bank of Canada is one of Canada's six systemically important banks. The Bank has approximately 34,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at nbc.ca or via social media. SOURCE National Bank of Canada | 
