New funds seek to assist investors in diversifying their portfolios as they manage risks
National Bank Investments has expanded its fund shelf with two new offerings: the NBI Active Global Equity Fund and the NBI Active International Equity Fund.
Martin Felton, vice-president, National Sales at NBI, said: "The current geopolitical environment can prove challenging for investors.
“To help them diversify their portfolios while managing risk, we are pleased to launch these two new funds that offer exposure to international or global markets and aim to provide long-term capital growth.”
The new NBI active funds, along with their series and associated management fees, are:
|
NBI Fund |
Management Fee |
|---|---|
|
NBI Active International Equity Fund — Advisor |
1.60 % |
|
NBI Active International Equity Fund — F |
0.60 % |
|
NBI Active Global Equity Fund — Advisor |
1.65 % |
|
NBI Active Global Equity Fund — F Series |
0.65 % |
The NBI Active International Equity Fund and NBI Active Global Equity Fund are both designed to provide capital appreciation over the long term. They make investments in a portfolio that is predominantly made up of common shares of foreign corporations, either directly or indirectly through holdings in securities of other mutual funds.
