MONTREAL, Dec. 7, 2023
/CNW/ - National Bank Investments Inc. ("NBI") announced today
that the risk rating of the NBI Active U.S. Equity ETF (ticker
symbol: NUSA) ("the ETF") previously disclosed in the ETF
Prospectus and the ETF Facts dated May 4,
2023, as well as those dated April
29, 2022, on the SEDAR+ website, was incorrect and is being
changed from "Low to medium" to "Medium." This change takes effect
immediately.
The investment objective and strategy of the ETF remain
unchanged. The risk rating is based on the investment risk
classification methodology outlined in Regulation 81-102
Respecting Investment Funds and will be reflected in the
amendment to the ETF's Prospectus and ETF Facts, which will be
filed on the SEDAR+ website and on the NBI website.
About NBI ETFs
NBI ETFs are offered by
National Bank Investments Inc., a wholly owned subsidiary of
National Bank of Canada.
Management fees, brokerage fees and expenses all may be associated
with investments in exchange-traded funds (ETFs). Please read the
prospectus or ETF Facts document before investing. ETFs are not
guaranteed, their values change frequently, and past performance
may not be repeated. ETF units are bought and sold at market price
on a stock exchange and brokerage commissions will reduce
returns.
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 September 30, 2023,
assets under management in NBI products were valued at over
$78.31 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
such
as YouTube and LinkedIn.
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 $424 billion in assets as at
October 31,
2023, National Bank of Canada, together with its subsidiaries,
forms one of Canada's leading
integrated financial groups. The Bank has
approximately 30,000 employees in
knowledge-intensive positions and has been recognized numerous
times as a top employer and for its commitment to diversity. Its
securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank's activities at nbc.ca or via
social media.
SOURCE National Bank of Canada