National Bank Investments Inc. (‘NBI’) announced today the launch of the NBI Sustainable Canadian Short Term Bond ETF (‘NBI ETF’). This NBI ETF has closed the initial offering of units, and those units will start trading on the Toronto Stock Exchange (‘TSX’) today.
“The year 2022 may well be characterized by a greater market volatility and several central bank rate hikes around the world. We are excited to launch this new ETF to help investors navigate market cycles and manage risk while generating returns for a sustainable future. Opting for an active approach to fixed income investing provides the latitude to proactively adjust the ETF’s portfolio and reduces concentration risk,” said Éric-Olivier Savoie, President and Chief Executive Officer at NBI.
National Bank Trust Inc. (‘NBT’) will be the portfolio manager of the NBI ETF and will delegate investment decisions to AlphaFixe Capital Inc. AlphaFixe Capital will act as the ETF’s sub-advisor, with NBT ensuring that their decisions remain compliant within this given mandate.
Here is NBI’s new ETF information, that will commence trading on the TSX today, under this corresponding ticker symbol and management fee: