National Bank Securities presents its new generation of mutual funds: the Omega Funds
National Bank Securities is proud to unveil its new line-up of Omega FundsTM: four mutual funds that draw upon privileged partnerships to offer investors distinctive strategies at competitive fees.
The four Omega FundsTM are:
- Omega Preferred Equity Fund
- Omega High Dividend Fund
- Omega Consensus American Equity Fund
- Omega Consensus International Equity Fund
ING Investment Management Inc., an affiliate of one of the world’s largest financial groups, ING Groep, is the portfolio manager of the Omega Preferred Equity Fund and the Omega High Dividend Fund. The Omega Preferred Equity Fund is currently the only mutual fund in Canada to invest entirely in preferred shares. The Omega High Dividend Fund aims to maximize long-term capital growth potential while generating high dividend income through its stock selection strategy.
The Omega Consensus American Equity Fund and the Omega Consensus International Equity Fund are sub-managed by Validea Capital Management, LLC, an American company specializing in private portfolio management. The added value for these two funds lies notably in their pure quantitative stock selection system that relies on interpreting various market-recognized financial ratios using a specific methodology.
The strategies developed inspired a book, The Market Gurus, in which the investment approach used for the two Omega Consensus Funds is explained. John Reese, co-author of the book, is also lead manager for both Omega Consensus Funds at Validea Capital Management, LLC.
“The launch of the Omega Funds reflects our determination to offer solutions that innovate through our choice of partners and management style, all with competitive fees”, explained Charles Guay, President and Chief Executive Officer of National Bank Securities.
More information on the Omega FundsTM is available on the dedicated microsite at www.omegafunds.ca.
The Omega FundsTM (the "Funds") are offered 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 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 of Canada
National Bank of Canada is an integrated group which 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. The 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 more than $113 billion in assets and, together with its subsidiaries, employs 16,863 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.
Information (The telephone number provided below is for the exclusive use of journalists and other media representatives):
Senior Director – Public Relations
National Bank of Canada