MONTREAL, Sept. 3, 2013 /CNW Telbec/ - National Bank Securities Inc.
(NBS) today announced the filing of a preliminary prospectus to launch
a new mutual fund portfolio, the Meritage Diversified Fixed Income
The Meritage Diversified Fixed Income Portfolio will invest in third
party managed mutual funds which themselves invest in Canadian and
Global fixed-income securities.
"Always attentive to the needs of our customers and to market trends,
we're proud to announce the expansion of the Meritage fund family with
the launch of this new Meritage Diversified Fixed Income Portfolio"
commented Michel Falk, President and Chief Executive Officer of NBS.
The Meritage Portfolios® invest in third-party funds selected using a quantitative and
qualitative approach known as the Select Rating System®. The selection and monitoring processes of the Meritage Portfolios® are reviewed by Aon Hewitt, an investment management consulting firm.
The Meritage Portfolios® are designed to suit the needs of investors with varying risk tolerance
levels and investment horizons. The Meritage Portfolios® offer a complete investment solution with optimal diversification
across asset classes, regions, market capitalizations, and management
styles, all integrated into a 'fund of funds' structure. The Meritage
Portfolios®, whose assets exceed $2.6 billion, are now among the most sought-after
investment options. Further information is available at www.meritageportfolios.com.
A preliminary prospectus detailing information about the Meritage
Diversified Fixed Income Portfolio units has been filed with the
Canadian securities regulatory authorities. The information contained
in the preliminary prospectus is subject to completion or amendment. No
units shall be sold nor any offer to purchase units accepted until the
final prospectus has been approved by the Canadian securities
About Meritage Portfolios®.
The Meritage Portfolios (the "Portfolios") are managed 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 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 Securities Inc.
About National Bank of Canada
With $187 billion in assets as at July 31, 2013, National Bank of Canada
(www.nbc.ca), together with its subsidiaries, forms one of Canada's leading
integrated financial groups, and was named among the 20 strongest banks
in the world by Bloomberg Markets magazine. The Bank has close to
20,000 employees and is widely recognized as a top employer. Its
securities are listed on the Toronto Stock Exchange (TSX: NA). Follow
the Bank's activities via social media and learn more about its
extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.
SOURCE National Bank of Canada
(The telephone number provided below is for the exclusive use of journalists and other media representatives.):
Senior Advisor - Public Affairs
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