National Bank Investments Announces Changes for Certain NBI Funds and ETFs

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[{"type":"text","content":"\n\n\n\n National Bank Investments Announces Changes for Certain NBI Funds and ETFs\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n MONTREAL\n \n\n ,\n \n\n May 7, 2025\n \n\n /CNW/ - National Bank Investments Inc. (\"NBI\") announces risk rating revisions, management or administrative fee reductions and a portfolio management change for certain NBI Funds and ETFs (the \"Funds\").\n \n\n\n Risk Rating Revisions\n \n\n\n Effective immediately, the below Funds' risk ratings have been revised as follows:\n \n\n\n\n\n\n\n\n Fund\n \n\n\n\n\n\n\n\n Current risk level\n \n\n\n\n\n\n\n\n New risk level\n \n\n\n\n\n\n\n\n\n Meritage Global Conservative Portfolio\n \n\n\n\n\n\n Low\n \n\n\n\n\n\n Low to medium\n \n\n\n\n\n\n\n\n NBI Global Small Cap Fund\n \n\n\n\n\n\n Medium\n \n\n\n\n\n\n Medium to high\n \n\n\n\n\n\n\n\n Management Fee Reductions\n \n\n\n On or about\n \n May 14, 2025\n \n , the management fees for the following series of the NBI High Yield Bond Fund will be reduced as indicated in the table below:\n \n\n\n\n\n\n\n\n Fund\n \n\n\n\n\n\n\n\n Current management fee\n \n\n\n\n\n\n\n\n New management fee\n \n\n\n\n\n\n\n\n\n NBI High Yield Bond Fund (F and F5 Series)\n \n\n\n\n\n\n 0.80 %\n \n\n\n\n\n\n 0.70 %\n \n\n\n\n\n\n\n\n NBI High Yield Bond Fund (Advisor, Investor and T5 Series)\n \n\n\n\n\n\n 1.50 %\n \n\n\n\n\n\n 1.40 %\n \n\n\n\n\n\n\n\n Administrative Fee Reductions\n \n\n\n On or about\n \n May 14, 2025\n \n , the administr...

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