MONTREAL, April 30,
2024 /CNW/ - National Bank Investments Inc. ("NBI")
announces risk rating revisions for the NBI Jarislowsky Fraser
Select Income Fund (the "Fund"), the NBI Active Canadian Preferred
Shares ETF and the NBI Liquid Alternatives ETF (the "ETFs").
The Fund's risk rating has been revised as follows (effective
immediately):
|
Fund
|
Current risk
level
|
New risk
level
|
|
NBI Jarislowsky Fraser
Select Income Fund
|
Low
|
Low to
medium
|
The ETFs' risk ratings have been revised as follows
(effective immediately):
|
ETF
|
Current risk
level
|
New risk
level
|
|
|
NBI Active Canadian
Preferred Shares ETF (NPRF)
|
Low to
medium
|
Medium
|
|
NBI Liquid Alternatives
ETF (NALT)
|
Medium
|
Low to
medium
|
The above changes will be reflected in the simplified prospectus
for the NBI Funds and in the prospectus of the NBI ETFs which
will be available on the SEDAR+ website (www.sedarplus.ca) and the
National Bank Investments website (www.nbinvestments.ca).
About NBI
Funds
NBI Funds (the "Funds") are offered by National Bank
Investments Inc., a wholly owned subsidiary of National Bank of
Canada. Commissions, trailing
commissions, management fees and expenses all may be associated
with investments in the Funds. Please read the prospectus of the
Funds before investing. The Funds' securities are not insured by
the Canada Deposit Insurance Corporation or by any other government
deposit insurer. The Funds are not guaranteed, their values change
frequently, and past performance may not be repeated.
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 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
March 31, 2024, assets under
management in NBI products were valued at over $86.45 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
such
as YouTube and LinkedIn.
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 $434 billion in assets as
at January 31, 2024, National Bank of
Canada is one of Canada's six systemically important banks. The
Bank has approximately 30,000 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