National Bank Investments Launches Initial Suite of Four Exchange-Traded Funds

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National Bank Investments Launches Initial Suite of Four Exchange-Traded Funds

Canada NewsWire

MONTREAL, Feb. 8, 2019 /CNW Telbec/ - National Bank Investments Inc. (NBI) announced today the launch of four exchange-traded funds. Each NBI exchange-traded fund (ETF) listed in the table below has closed the initial offering of units, and those units will start trading on the Toronto Stock Exchange (TSX) today. 

"We are excited to continue the expansion of NBI's solutions, providing investors with innovative portfolio and risk diversification opportunities," said Annamaria Testani, Vice-President, National Sales at National Bank Investments. "When markets are as complex as ever, staying invested is key. We believe our first ETFs provide a compelling way to gain non-traditional active and alternative niche exposure and diversify portfolio risk."

Here is a list of the four NBI ETFs that will commence trading on the TSX today, as well as their corresponding ticker symbols and management fees:

 

Exchange-Traded Funds

Ticker Symbols (TSX)

Management Fees1

NBI Global Real Assets Income ETF

NREA

0.90%

NBI Active Canadian Preferred Shares ETF

NPRF

0.50%

NBI Canadian Family Business ETF

NFAM

0.35%

NBI Liquid Alternatives ETF

NALT

0.60%

1 The annual management fees are based on the average daily net asset value of the applicable NBI ETF. The management fee, plus applicable taxes, will be accrued daily and paid monthly.

 

NBI Global Real Assets Income ETF (TSX: NREA) The NBI Global Real Assets Income ETF's investment objective is to provide income and long-term capital growth while focusing on hedging against inflation. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of common shares of companies located around the world in industry sectors associated with real assets.

NBI Active Canadian Preferred Shares ETF (TSX: NPRF) The NBI Active Canadian Preferred Shares ETF's investment objective is to generate tax-efficient dividend income while focusing on capital preservation. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of preferred shares of Canadian companies and other income-generating securities of Canadian companies.

NBI Canadian Family Business ETF (TSX: NFAM) The NBI Canadian Family Business ETF's investment objective is to generate long-term capital growth by replicating, to the extent reasonably possible and before fees and expenses, the performance of a Canadian equity index that measures the investment return of family-owned Canadian companies that are publicly listed. Currently, the NBI Canadian Family Business ETF tracks the performance of the NBC Canadian Family Index. To do this, NBI Canadian Family Business ETF invests directly, or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of shares of family-owned Canadian companies.

NBI Liquid Alternatives ETF (TSX: NALT) The NBI Liquid Alternatives ETF's investment objective is to provide a positive return while maintaining low correlation to, and lower volatility than, the return of the global equity markets. The NBI Liquid Alternatives ETF will aim to achieve this investment objective regardless of prevailing market conditions or general market direction. The NBI Liquid Alternatives ETF will seek to achieve this objective by investing primarily in long and short positions on financial derivatives that provide exposure to different major global asset classes, such as government bonds, currencies, equities or commodities.

About NBI ETFs

NBI ETFs are offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. 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 National Bank Investments Inc.

National Bank Investments ("NBI") is an investment fund management firm committed to manufacturing and distributing mutual funds, investment solutions and services designed to help Canadian investors pursue their financial goals. As at December 31, 2018, the value of assets under management in NBI products amounted at almost $52 billion. Follow NBI's activities at nbinvestments.ca or via social media such as YouTube and LinkedIn.

Guided by a 100% open architecture structure, 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.

About National Bank of Canada

With $262 billion in assets as at October 31, 2018, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 23,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities at at nbc.ca or via social media such as Facebook, LinkedIn and Twitter.

 

SOURCE National Bank of Canada

View original content: http://www.newswire.ca/en/releases/archive/February2019/08/c1363.html

Copyright CNW Group 2019

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