National Bank Investments Lists Five ETF Series on TSX

National Bank Investments has launched four new funds with ETF series and added an ETF series to its existing Ultra Short-Term Fixed Income Fund. All five began trading on the Toronto Stock Exchange on September 28. The lineup includes U.S. and international equity covered call funds (NUCC and NICC), an enhanced yield U.S. equity fund (NSUY), a target 2032 investment grade bond fund (NTGG) and the ultra short-term fixed income series (NUST). NSUY may use derivatives, borrowing or short selling, with aggregate gross leverage capped at 150% of NAV. NTGG is designed to shift primarily into cash as its November 2032 target date approaches; it does not guarantee a set maturity payment. Annual management plus administration fees range from 0.20% for NTGG to 0.65% for NSUY, before applicable taxes and other costs.