Frequently Asked Questions

How do I get the most recent NAV calculations for my holdings?

Go to the NAV and Distribution Information section within the relevant company/trust and you can pull up the current and historical NAV and market prices.

How do I get the latest financial reports, press releases, prospectuses...?

Go to the Investor Relations section within the relevant company/trust and you can print the latest versions, as well as download historical files.

When do I have to retract my holdings?

Never. At the wind-up date, the Company/Trust will redeem all outstanding holdings, and other Special Redemption circumstances may occur from time to time. Even though the Capital and Preferred Shares or Units are listed on the TSX they are also redeemable at any time. Because of the listing and the manner in which the retraction prices are calculated, investors are almost always better off selling their shares/units on the market rather than retracting them.

How do I know what makes up the portfolio of each company/trust?

Go to the NAV and Distribution Information section within the relevant company/trust and you can pull up the current portfolio and market value.

What are Scotia Capital's management fees?

1/12 of 0.10% to 0.25% of the market value of the portfolio shares. Please see the prospectus for further details.

What other fees are removed?

Operating expenses include directors fees, transfer agent fees, legal fees, custodian fees, listing fees and audit fees. For SNP Split Corp. and SNP Health Split Corp. there are investment management fees of 1/12 of 0.20% of the market value of the portfolio shares. Please see the financial statements of the relevant company/trust for details on these expenses.