MONTREAL, April 28, 2014 /CNW Telbec/ - National Bank Securities Inc. is proud to announce that, as part of its new positioning which aims to simplify the brand structure of the mutual funds in the current National Bank Securities family, it is changing its name to National Bank Investments Inc. Impelled by the strength of the National Bank brand, National Bank Investments will remain committed to offering one of the most comprehensive ranges of investment solutions available, drawing on the expertise of prominent portfolio managers.
"We are the only major Canadian bank that deals exclusively with third-party portfolio managers. This unique multi-channel approach offers investors the possibility of benefiting from a broad range of renowned managers and a flexible product offering", explained Michel Falk, President and Chief Executive Officer of National Bank Securities. "Regardless of their investor profile, we can provide our clients with the diversification they need by offering them a solution that is in line with their investment objectives."
The brands optimization exercise aims to better reflect the Bank's proactive approach to offering innovative, competitive solutions that serve as the foundation of our clients' assets. The new positioning is guided by the same drive to be accessible, convenient and proactive which are key differentiating factors for National Bank.
Effective May 12, 2014:
- Legal entity: Name change of the manager from National Bank Securities Inc. to National Bank Investments Inc.
- National Bank Securities trade-mark replaced with National Bank Investments.
- The National Bank Securities Mutual Funds family will be renamed the National Bank Mutual Funds family. Altamira and Omega Funds will be rebranded with the National Bank name. The name change will in no way affect the makeup or diversification of the funds, or the lineup of managed solutions. Portfolio managers will also remain unchanged as a result of the rebranding.
- Reference: National Bank Investments Advisory Services.
- E-mail: firstname.lastname@example.org
List of funds1 affected by the new positioning:
|NAME PRIOR TO MAY 12||NEW NAME|
|Altamira Income Fund||National Bank Income Fund|
|Altamira Long Term Bond Fund||National Bank Long Term Bond Fund|
|Altamira Global Bond Fund||National Bank Global Bond Fund|
|Altamira Corporate Bond Fund||National Bank Corporate Bond Fund|
|Altamira High Yield Bond Fund||National Bank High Yield Bond Fund|
|Altamira Preferred Equity Fund||National Bank Preferred Equity Fund|
|Altamira Dividend Fund Inc.||National Bank Dividend Income Fund Inc.|
|Altamira Tactical Asset Allocation Fund||National Bank Asset Allocation Fund|
|Altamira Canadian Equity Growth Fund||National Bank Canadian Equity Growth Fund|
|AltaFund Investment Corp.||National Bank AltaFund Investment Corp.|
|Altamira Quebec Growth Fund||National Bank Quebec Growth Fund|
|Altamira U.S. Equity Fund||National Bank U.S. Equity Fund|
|Altamira European Equity Fund||National Bank European Equity Fund|
|Altamira Asia Pacific Fund||National Bank Asia Pacific Fund|
|Altamira Japanese Opportunity Fund||National Bank Japanese Equity Fund|
|Altamira Global Small Company Fund||National Bank Global Small Cap Fund|
|Altamira Resource Fund||National Bank Resource Fund|
|Altamira Energy Fund||National Bank Energy Fund|
|Altamira Precious and Strategic Metal Fund||National Bank Precious Metals Fund|
|Altamira Science and Technology Fund||National Bank Science and Technology Fund|
|Altamira Health Sciences Fund||National Bank Health Sciences Fund|
|Altamira Canadian Index Fund||National Bank Canadian Index Fund|
|Altamira U.S. Index Fund||National Bank U.S. Index Fund|
|Altamira U.S. Currency Neutral Index Fund||National Bank U.S. Currency Neutral Index Fund|
|Altamira International Index Fund||National Bank International Index Fund|
|Altamira International Currency Neutral Index Fund||National Bank International Currency Neutral Index Fund|
|National Bank Monthly Income Fund||National Bank Monthly Balanced Income Fund|
|National Bank Monthly High Income Fund||National Bank Monthly Growth Income Fund|
|Omega Preferred Equity Fund||National Bank Preferred Equity Income Fund|
|Omega High Dividend Fund||National Bank High Dividend Fund|
|Omega Canadian Equity Fund||National Bank Canadian All Cap Equity Fund|
|Omega Global Equity Fund||National Bank Global Diversified Equity Fund|
|Omega Consensus American Equity Fund||National Bank Consensus American Equity Fund|
|Omega Consensus International Equity Fund||National Bank Consensus International Equity Fund|
About National Bank Securities Inc.
National Bank Securities Inc. is a subsidiary specializing in designing and managing mutual funds and mutual fund portfolios. We are an investment fund management firm dedicated to providing a broad selection of investment solutions that meet a variety of investment profiles. National Bank Securities' role is not limited to administrative aspects of management; National Bank Securities Advisory Services and its registered mutual fund representatives form a team of specialists who provide information and advice to help you develop a portfolio adapted to your financial needs.
Products offered by National Bank Securities are distributed in the National Bank branch network, through National Bank Direct Brokerage, National Bank Financial and by authorized external brokers across Canada. The value of assets under management in National Bank Securities products is $16.5 billion*.
*As at October 31, 2013.
1 National Bank Securities Mutual Funds (the "Funds") are offered by National Bank Securities 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. For money market funds, there can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of the investment in a fund will be returned. The Funds are not guaranteed, their values change frequently and past performance may not be repeated.
About National Bank of Canada
With $195 billion in assets as at January 31, 2014, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups, and has been 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. The Bank's securities are listed on the Toronto Stock Exchange (NA: TSX). 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:
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Senior Advisor - Public Affairs