National Bank Investments announces the renewal of their prospectus and changes to select NBI Funds

MONTREAL, May 7, 2019 /CNW Telbec/ - National Bank Investments Inc. (NBI) announced today changes in management fees and risk ratings of select NBI Funds with the filing of its most recent prospectus renewal.

These changes are in keeping with NBI's client-centric approach and commitment to providing investors with access to innovative investment solutions at competitive pricing.

Lower management fees
The management fees for the following series of NBI Funds will be reduced as follows (effective May 7):

Risk rating changes
NBI also announces a change in the risk rating of certain NBI Funds (effective May 7):

Addition of subscription options
Effective on or around May 14, 2019, new subscription options in U.S. dollars will be available on the Advisor Series (on the initial sales charge option only) and the O Series of the NBI U.S. Equity Fund, the O Series of the NBI SmartData U.S. Equity Fund and the O Series of the NBI SmartData International Equity Fund.

The changes will be reflected in the NBI Funds simplified prospectus, which will be available on the SEDAR website (www.sedar.com) as well as on the National Bank website (www.nbc.ca).

About National Bank Investments Inc.
National Bank Investments ("NBI") is an investment fund management firm committed to manufacturing and distributing mutual funds, investment solutions and services designed to help Canadian investors pursue their financial goals. As at March 31, 2019, the value of assets under management in NBI products amounted at over $55 billion. Follow NBI's activities at nbinvestments.ca or via social media such as YouTube and LinkedIn.

Guided by a 100% open architecture structure, 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.

About NBI Funds and Meritage Portfolios
The NBI Funds are offered by, and the Meritage Portfolios® (together, the "Funds") 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 mutual 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.

® MERITAGE PORTFOLIOS and the Meritage Portfolios logo are trade-marks of National Bank of Canada, used under license by National Bank Investments Inc.

About National Bank of Canada
With $263 billion in assets as at January 31, 2019, National Bank of Canada, together with its subsidiaries, forms one of Canada's leading integrated financial groups. It has more than 23,000 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 such as Facebook, LinkedIn and Twitter.

SOURCE National Bank of Canada