MONTREAL, Oct. 8, 2013 /CNW Telbec/ - For a second time, National Bank Direct Brokerage (NBDB) will be acting as an exclusive sponsor of the Biggest Winner contest, presented by Horizons ETFs Management Canada (Horizons ETFs).
Until November 15, 2013, simulation participants will have to grow a $100,000 fantasy portfolio of exchange-traded funds (ETF).
"ETFs are increasingly popular on financial markets, and simulations provide an excellent opportunity to find out more about them. Using simulations is also a risk-free way for independent investors to test out their investment skills. For those who want to be even more prepared, NBDB offers seminars and webinars that specifically cover ETFs," stated NBDB President Nancy Paquet.
The participant with the highest yielding portfolio at the end of the six-week period will be awarded a cash prize of $7,500. The runner-up will receive $2,500. In addition, the participant with the highest portfolio growth each week will win $500.
"For this edition, we have redesigned our online simulator to make it even more user-friendly," said Howard Atkinson, President of Horizons ETFs. The contest is open to all eligible Canadian residents and they can trade any of the 72 Horizons ETFs products in a simulated real-world environment with no cost and no risk."
To sign up for free, and to obtain more information about the contest, consult the Biggest Winner website. Please note that participants may enter the competition at any time during the simulation.
National Bank Direct Brokerage makes no representation or guarantee, whether explicit or implicit, as to the suitability of investing in exchange-traded funds, or does it endorse the Horizons ETFs Management (Canada) Inc. or its products.
About National Bank Direct Brokerage
National Bank Direct Brokerage is a wholly owned subsidiary of National Bank of Canada. National Bank Direct Brokerage offers no advice and makes no investment recommendations. The client alone is responsible for the financial consequences of his or her investment decisions. National Bank Direct Brokerage is a member of the Canadian Investor Protection Fund.
About National Bank of Canada
With $187 billion in assets as at July 31, 2013, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups, and was named among the 20 strongest banks in the world by Bloomberg Markets magazine. The Bank has close to 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank's activities via social media and learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.
SOURCE: National Bank of Canada
For further information:
(The telephone number provided below is for the exclusive use of journalists and other media representatives.):
Chief Advisor - Public Affairs