active : New products and services
MontrealAnd the The November 22, 2022 / CNW Telbec / – National Bank Investments Inc. (“? NBI?”) today announced the launch of two new funds (“? NBI Funds?”): the NBI Active International Equity Fund and the NBI Active Global Equity Fund.
The current geopolitical environment may be uncertain for investors. To help them diversify their investment portfolio while managing risks, we are pleased to introduce these two new funds that provide openness to international or global markets and aim to provide long-term capital growth.” Martin FeltonVice President, National Sales at BNI.
National Bank Trust Inc. (“? TBN?”) as Portfolio Manager for NBI Funds and will delegate investment decisions to Sub Portfolio Manager Placements Montrusco Bolton inc. TBN will ensure compliance with investment decisions with respect to mandates granted.
Below is a list of the new NBI funds that will be available starting today along with their fund codes and corresponding management fees.
|
NBI Funds |
box code |
management costs1 |
|
NBI Active International Equity Fund |
NBC 5455 |
1.60% |
|
NBI Active International Equity Fund |
NBC 5755 |
0.60% |
|
NBI Global Active Equity Fund – |
NBC 5440 |
1.65% |
|
NBI Global Active Equity Fund – |
NBC 5740 |
0.65% |
|
1 The annual management fee corresponds to the average daily NAV of units of an applicable NBI fund. This administration fee, plus applicable taxes, is accrued daily and paid monthly. |
The NBI Active International Equity Fund It has long-term capital growth as its investment objective. The Fund invests, directly or indirectly through investments in the securities of other mutual funds, in a portfolio consisting primarily of common stocks of international companies.
The NBI Active Global Equity Fund The investment objective is to provide long-term capital growth. The Fund invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio consisting primarily of common stocks of companies located anywhere in the world.
About NBI Funds
NBI Funds (“The Funds”) are offered by National Bank Investments Inc. It is a wholly owned subsidiary of the National Bank of Canada. Commissions, subsequent commissions, management fees and expenses may all be associated with an investment in the Funds. Please read the fund’s prospectus before investing. The funds’ securities are not insured by the Canadian Deposit Insurance Corporation. Canada Nor by any other government deposit insurance company. Funds are not guaranteed, their values change frequently and past performance is not indicative of their future performance.
About the National Bank for Investments.
National Bank investments Inc. (“? BNI?”) is an investment fund management firm that specializes in the design and delivery of funds, investment solutions and services designed to help Canadian investors achieve their financial goals. As of September 30, 2022, the assets under management in NIB products are more than $74 billion.
With its open architecture, BNI intends to offer various solutions to meet the changing needs of its customers. BNI strives to be recognized as a core partner by striving to combine innovation and excellence. The NBI’s role is not limited to the administrative aspects of management alone, as the National Bank’s Investment Advisory Service and its registered representatives constitute a team of specialists providing information and advice to assist the advisors in building a portfolio that meets the financial goals of their clients. Follow BNI’s activities on bninvestments.ca Or through social media such as YouTube And the linkedin.
National Bank Investments is a member of the Association for Responsible Investing Canada and a signatory to the United Nations Principles for Responsible Investment.
About the National Bank Canada
With assets of $387 billion as of July 31, 2022, the National Bank CanadaInc., together with its subsidiaries, is one of Canada’s largest integrated financial groups. It has more than 28,000 employees in highly knowledgeable positions, and has won numerous awards for its qualities as an employer and its commitment to diversity. Its securities are listed on the Stock Exchange toronto (TSX: NA). Follow his activities on nbc.ca or through social networks FBAnd the linkedin And the Twitter.
SOURCE National Bank of Canada
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Press release sent on November 22, 2022 at 4:00 pm and distributed by:
