PRESS RELEASES
National Bank Investments Inc. (“NBI”) announced today the name change of the NBI Floating Rate Income Fund, a reduction in its management and administration fees and a change to the management fee reduction plan for high net worth investors (the “Reduction Plan”).
Name change
On or about August 31, 2026, the NBI Floating Rate Income Fund will be renamed as follows:
Current Name | New Name |
NBI Floating Rate Income Fund | NBI Ultra Short-Term Fixed Income Fund |
Management and administration fee reductions
Effective on or about August 31, 2026, management and administration fees for the NBI Floating Rate Income Fund series listed in the table below will be reduced as follows:
Funds and Series |
Management fees |
Administration fees
| ||
Current
| New | Current | New | |
NBI Floating Rate Income Fund |
1.05% | 0.75% | 0.10% | 0.05% |
NBI Floating Rate Income Fund | 0.55% | 0.25% | 0.10% |
0.05% |
Change to the Reduction Plan
Effective on or about September 8, 2026, NBI will discontinue the Reduction Plan applicable to the NBI Floating Rate Income Fund. For further details regarding the Reduction Plan, please consult the “Management fee reduction plan for high net worth investors” section in the Simplified Prospectus of the NBI Funds and NBI ETFs.
All the aforementioned changes will be included in an amendment to the simplified prospectus of the NBI Funds and NBI ETFs which will be filed on the SEDAR+ website and on the NBI website.
About NBI Funds
NBI Funds (the “Funds”) are
offered by National Bank Investments Inc., an indirect wholly owned
subsidiary of National Bank of Canada and sold by authorized
dealers. Commissions, trailing commissions, management fees and
expenses all may be associated with mutual fund investments. 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 Inc.
(“NBI”) is an investment funds management firm committed to
manufacturing and offering mutual funds, investment solutions and
services designed to help Canadian investors pursue their financial
goals. As at June 30, 2026, assets under management in NBI products
were valued at over $128 billion.
Guided by an open architecture strategy, 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. Follow NBI’s activities at nbinvestments.ca or via social media.
National Bank Investments is a signatory of the United Nations-supported Principles for Responsible Investment, a member of Canada’s Responsible Investment Association, and a founding participant in the Climate Engagement Canada initiative.
About National Bank of Canada
With $618 billion
in assets as at April 30, 2026, National Bank of Canada (the “Bank”)
is one of Canada’s six systemically important banks. The Bank has
more than 35,000 employees in knowledge-intensive positions and
operates through three business segments in Canada: Personal and
Commercial Banking, Wealth Management and Financial Markets. A
fourth segment, U.S. Specialty Finance and International,
complements the growth of its domestic operations. Its securities
are listed on the Toronto Stock Exchange (TSX: NA). Follow the
Bank’s activities at nbc.ca or via
social media.
Information:
Alexandre Guay
Chief Advisor, Public Affairs
National Bank of Canada