MONTREAL, Aug. 6, 2015 /CNW Telbec/ - National Bank Investments Inc. is reaffirming its client-centric approach by introducing a new management fee reduction plan.
Starting on November 1, 2015, certain investors holding Advisor, F, F5, FT, T and T5 series may become eligible for management fee reductions based on the size of their investment in one or more Meritage Portfolios and National Bank Mutual Funds.
Individual investors with a minimum investment of $100,000 in one eligible fund series (bought under one purchase option and in one currency where applicable) and/or with $250,000 invested in several Meritage Portfolios or National Bank Mutual Funds with the same registered dealer representative will automatically qualify for a management fee reduction.
Further details about the reduction plan for high net worth investors will be included in the simplified prospectus of the Meritage Portfolios and National Bank Mutual Funds.
To find out more about our investment solutions: www.nbcadvisor.com.
National Bank 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 making an investment. 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.
Meritage Portfolios® (the "Portfolios") are managed 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 Portfolios. Please read the prospectus of the Portfolios before investing. The Portfolios' securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The Portfolios are not guaranteed, their values change frequently and past performance may not be repeated. "Meritage Portfolios®" and the Meritage Portfolios logo are trademarks of National Bank of Canada, used under license by National Bank Investments Inc.
About National Bank Investments Inc.
National Bank Investments Inc. (NBI) is a wholly owned subsidiary of National Bank of Canada specializing in designing and managing mutual funds and mutual fund portfolios. As at May 31, 2015, the value of assets under management in NBI products amounts to $20.8 billion.
Guided by a 100% open architecture philosophy, 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 is an investment fund management firm dedicated to providing a broad selection of investment solutions that meet a wide range of investment profiles. 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 investors build a portfolio adapted to their financial needs.
About National Bank of Canada
With $207 billion in assets as at April 30, 2015, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups. The Bank has more than 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.): Jean-François Lauzon, Advisor - Public Affairs, National Bank, Tel.: 514-394-6097