National Bank Investments launches new Meritage exchanged-traded fund Portfolios
August 30, 2016
National Bank Investments Inc. (“NBI”) announced today the launch of two new Meritage Tactical ETF Portfolios.
Last March, Meritage Tactical ETF Portfolios entered the market with three portfolio profiles. In response to the strong demand, NBI is adding to its lineup by introducing the Meritage Equity Tactical ETF Portfolio and the Meritage Fixed Income Tactical ETF Portfolio.
Based on our key pillars when selecting exchanged-traded funds (ETF), Meritage Tactical ETF Portfolios now invest in ETFs from six different providers. These external providers are located in Canada and now also in the United States, thereby enhancing portfolio diversification.
“When combining the Canadian and U.S markets, today’s ETF offering represents over 2,400 exchange-traded funds and over 90 providers. It can be a confusing maze for investors. NBI now simplifies access to ETFs for Canadian investors with an integrated fund-of-ETFs structure. A simple and practical solution considering the current context,” says Jonathan Durocher, president of NBI.
Meritage Tactical ETF Portfolios offers five profiles, from a fixed income profile to an
Discover the Meritage Tactical ETF Portfolios
Furthermore, NBI also announced the name change for three Meritage Portfolios as of or around August 18, 2016. The name of the Portfolios is changed as follows:
Current name |
New name |
---|---|
Meritage Equity Portfolio |
Meritage Aggressive Growth Portfolio |
Meritage Equity Class Portfolio |
Meritage Aggressive Growth Class Portfolio |
Meritage Equity Income Portfolio |
Meritage Aggressive Growth Income Portfolio |
About Meritage Portfolios®
Meritage Portfolios (the “Portfolios”) are managed 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 Portfolios. Please read the prospectus of the Portfolios before investing. The Portfolios’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The Portfolios are not guaranteed, their values change frequently and past performance may not be repeated. “Meritage Portfolios®” and the Meritage Portfolios® logo are trademarks of National Bank of Canada and are used by National Bank Investments Inc.