Natcan Investment Management Announces the First Offering of The Natcan QSSP II Investment Fund, Series 2011
Montreal, 7 March 2011 -
Natcan Investment Management Inc., a subsidiary of National Bank Financial Group, announces its first offering of Class A shares, Series 2011 of The Natcan QSSP II Investment Fund Inc.(the ‘’Fund’’).
An excellent opportunity for investors that also allows them to encourage Quebec businesses
The Fund, currently in its third year of existence since the SME Growth Stock Plan was amended in March 2009, seeks to combine the benefits of diversification and professional management with a structure that will capitalize on all the advantages of the Quebec Stock Savings Plan II (the ‘’QSSP II’’).
This Fund’s investment objectives are to provide medium- and long-term capital appreciation and to entitle subscribers of Class A Shares, Series 2011 of the Fund to claim a deduction under the QSSP II for Quebec income tax purposes for the 2011 tax year. The Fund will therefore invest the proceeds of its offering of Class A Shares, Series 2011 primarily in Quebec-based companies whose securities qualify for the QSSP II.
The first offering begins today and will end on March 25, 2011.
To purchase Class A shares, Series 2011 of The Natcan QSSP II Investment Fund Inc., one may contact National Bank Securities Advisory Service at 514-871-2082 or at 1-888-270-3941 (toll free); National Bank Financial at 514-879-2222 or at 1-800-361-8838 (toll free); National Bank Direct Brokerage at 514-866-6755 or at 1-800-363-3511 (toll free); or most investment advisors or mutual fund sales representatives licensed in Quebec. A minimum initial investment of $2,000 per subscriber is required.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the Fund before investing. The Fund’s securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The Fund is not guaranteed; its value changes frequently and past performance may not be repeated. No securities regulatory authority has expressed an opinion about the securities of this Fund.
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 $152 billion in assets and, together with its subsidiaries, employs 18,407 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.
About Natcan Investment Management Inc.
Founded in 1990, Natcan Investment Management Inc. is a National Bank subsidiary that is 14% held by its management team. Recognized as an important institutional fund manager in Canada, Natcan Investment Management specializes in portfolio management for pension funds, endowment funds, pooled funds and wealth management. As at December 31, 2010, it had approximately $25 billion in assets under management and employed over 100 employees.
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