Meritage Portfolios soon to be offered in a Corporate Class structure
Montreal, 15 February 2011 -
Subject to obtaining regulatory approval, National Bank Securities will shortly add four new corporate class portfolios to its successful Meritage Portfolios® lineup. The Meritage Corporate Class Portfolios will allow investors to benefit from tax-deferred switching and compound growth in their non-registered accounts. The Meritage family therefore pursues its mission to enhance investors’ ability to meet their financial goals by providing them with superior investment solutions which adapt to their needs for capital growth, income and tax efficiency.
The Meritage Portfolios® invest in third-party funds selected using a quantitative approach known as the Select Rating System®. In order to ensure complete objectivity in the selection process, funds managed by National Bank Securities cannot be included in the portfolios. Moreover, the fund selection and oversight process is reviewed by Aon Consulting.
The commitment of Meritage Portfolios® has always been to offer the best blend of the best funds available in the industry. From over 5,000 funds available to investors, 23 were carefully selected based on their potential return, sustained performance over time and the synergy of their portfolio managers’ investment approaches.
The Meritage Portfolios® are built to suit the needs of investors with varying risk tolerance levels and investment horizons. They offer a complete investment solution with optimal diversification across asset classes, regions, market capitalizations and management styles in an integrated fund of funds structure. The Meritage Portfolios®, whose assets exceed $ 1.1 billion, are now among the most sought-after investment options. Further information is available at www.meritageportfolios.com.
About Meritage Portfolios®
Meritage Portfolios® (the “Portfolios”) are managed 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 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 trade-marks of National Bank of Canada, used under license by National Bank Securities.
The Select Rating System® is a registered trade-mark of National Bank of Canada, used under license by National Bank Securities.
A preliminary simplified prospectus relating to the Meritage Portfolios has been filed with the securities authorities in each of the provinces and territories of Canada but it has not yet become final for the purpose of a distribution.
About National Bank of Canada
National Bank of Canada is an integrated group that provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has over $145 billion in assets and, together with its subsidiaries, employs 18,322 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at www.nbc.ca. To access National Bank Financial Group’s financial education portal, visit www.clearfacts.ca.
Information (The telephone number provided below is for the exclusive use of journalists and other media representatives.):
Senior Advisor, Public Relations
National Bank Financial Group