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Published on 3/4/2020 in the Prospect News Agency DailyProspect News Canadian Bonds Daily, Prospect News Green Finance Daily and Prospect News Structured Products Daily.

National Bank Investments launches three new sustainable ETFs

By Sarah Lizee

Olympia, Wash., March 4 – National Bank Investments Inc. announced the launch of five exchange-traded funds, including three new sustainable ETFs.

Each ETF closed the initial offering of units, which began trading on the Toronto Stock Exchange on Wednesday, according to a press release.

The ETFs include the following:

• The NBI Sustainable Canadian Bond ETF with ticker symbol “NSCB,” sub-advised or managed by AlphaFixe Capital Inc. for a management fee of 0.55%;

• The NBI Sustainable Canadian Equity ETF with ticker symbol “NSCE,” sub-advised or managed by Fiera Capital Corp. for a management fee of 0.6%;

• The NBI Sustainable Global Equity ETF with ticker symbol “NSGE,” sub-advised or managed by AllianceBernstein Canada, Inc. for a management fee of 0.65%;

• The NBI High Yield Bond ETF with ticker symbol “NHYB,” sub-advised or managed by J.P. Morgan Investment Management Inc. for a management fee of 0.6%; and

• The NBI Global Private Equity ETF with ticker symbol “NGPE,” sub-advised or managed by National Bank Trust Inc. for a management fee of 0.55%.

National Bank Trust Inc. will be the portfolio manager.

The NBI Sustainable Canadian Bond ETF's investment objective is to provide a high level of current income and sustained capital growth while focusing on debt instruments designed to raise funds for projects or businesses that have a positive environmental or social impact. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of bonds issued by Canadian federal or provincial governments or by Canadian corporations.

The NBI Sustainable Canadian Equity ETF's investment objective is to provide long-term capital growth while following a sustainable approach to investing. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of Canadian companies.

The NBI Sustainable Global Equity ETF's investment objective is to provide long-term capital growth while following a sustainable approach to investing. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of companies located around the world.

The NBI High Yield Bond ETF's investment objective is to provide a high level of long-term income. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of high-yield debt securities of developed market issuers.

The NBI Global Private Equity ETF's investment objective is to generate long-term capital growth by replicating, to the extent possible and before fees and expenses, the performance of a global private equity index that measures the investment returns of publicly-listed private equity issuers.

National Bank Investments is an investment funds management firm based in Montreal.


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