National Bank’s BNI rolls out four new funds with TSX-listed ETF series
- National Bank of Canada unit National Bank Investments launched four new BNI funds, each with a Toronto-listed ETF series now trading.
- Offerings target income strategies, including covered-call U.S. equities, covered-call international equities, enhanced-yield U.S. equities, target-maturity 2032 bonds.
- ETF management fees range from 0.15% to 0.55%, with administration fees of 0.05% to 0.1%.
- National Bank Investments also launched an ETF series of its BNI Very Short Term Fixed Income Fund under ticker NUST.
- NUST carries a 0.25% management fee, with a 0.05% administration fee.
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