National Bank Investments Inc. (“NBI”) announces the termination of
the NBI Short Term Canadian Income Fund and the NBI Short Term
Canadian Income Private Portfolio (the “Funds”) on or about May 11,
2018. NBI also announces the closure of the Funds to new subscriptions
as of 11:59 p.m. on March 1, 2018, with the exception of
pre-established systematic investment and distribution reinvestment plans.
This was decided in order to simplify NBI’s investment solutions
lineup and to better address investors’ needs.
NBI encourages unitholders of the Funds to consult with their
advisor to understand the financial and tax implications of the
termination of the Funds and to determine the solution that best suits
their investment needs and personal situation.
The changes for the NBI Short Term Canadian Income Fund will be
reflected in the upcoming amendment to the simplified prospectus for
this fund, which will be available at www.sedar.com and at www.nbc.ca.
About NBI Funds
NBI Funds (the “Funds”) are offered by National Bank Investments
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. The Funds are not guaranteed,
their values change frequently and past performance may not be repeated.
About National Bank Investments Inc.
National Bank Investments (“NBI”) is an investment fund management
firm committed to manufacturing and distributing mutual funds,
investment solutions and services designed to help Canadian
investors pursue their financial goals. As at December 31, 2017, the
value of assets under management in NBI products amounted to $53 billion.
Guided by a 100% open architecture structure, NBI is dedicated to
providing diverse solutions to meet the evolving needs of its
clients. NBI consistently strives to be recognized as a key partner
by combining innovation and excellence. NBI’s role is not limited to
administrative aspects of management; NBI Advisory Services and its
registered representatives form a team of specialists who provide
information and advice to help advisors build portfolios adapted to
their clients’ financial needs.
About National Bank of Canada
With $251 billion in assets as at January 31, 2018, National Bank of Canada, together with
its subsidiaries, forms one of Canada’s leading integrated financial
groups. The Bank has more than 21,000 employees and is widely
recognized as a top employer. The Bank's securities are listed on
the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities
at nbc.ca or via social media such
as Facebook, LinkedIn