MONTREAL, Nov. 7, 2024
/CNW/ - National Bank Investments Inc. ("NBI") earns five LSEG
Lipper Fund Awards Canada 2024 for the outstanding performance
of several solutions.
"We are honoured to receive these Lipper Fund awards which
highlight our ongoing commitment to offering Canadians robust
investment solutions. As Canada's
premier open architecture platform, our investment teams
collaborate with top-tier portfolio managers to achieve strong
performances, regardless of the market conditions we face," said
Martin Felton, Vice-President,
National Sales at NBI.
NBI was recognized for the following funds:
Fund
Name
|
Canadian Investment
Funds Standards Committee ("CIFSC") Category
|
Period
Covered
|
NBI Floating Rate
Income Fund – Series FT
|
Canadian Short Term
Fixed Income
|
3 Years
|
NBI Floating Rate
Income Fund – Series FT
|
Canadian Short Term
Fixed Income
|
5 Years
|
NBI Quebec Growth Fund
– Series F
|
Canadian Small/Mid Cap
Equity
|
10 Years
|
NBI Innovators Fund –
Investor Series
|
Global
Equity
|
5 Years
|
NBI Innovators Fund –
Investor Series
|
Global
Equity
|
10 Years
|
The NBI Floating Rate Income Fund (FT Series) earned the
LSEG Lipper Fund Awards Canada 2024 trophy for best three-year
performance out of a total of 38 funds and the certificate for best
five-year performance out of a total of 35 funds in the Canadian
Short Term Fixed Income category for the period ending July 31, 2024. Data is aggregated until the end
of July of any given year and results are published in November.
Performance for the NBI Floating Rate Income Fund (FT Series) for
the period ended September 30, 2024,
is as follows: 12.29% (1 year), 3.76% (3 years), and 4.26% (5
years). The corresponding Lipper Leader ratings of the fund for the
same period are as follows: 5 (3 years), 5 (5 years), and N/A (10
years).
The NBI Quebec Growth Fund (F Series) earned the LSEG
Lipper Fund Awards Canada 2024 certificate for best ten-year
performance out of a total of 31 funds in the Canadian Small/Mid
Cap Equity category for the period ending July 31, 2024. Data is aggregated until the end
of July of any given year and results are published in November.
Performance for the NBI Quebec Growth Fund (F Series) for the
period ended September 30, 2024, is
as follows: 26.91% (1 year), 7.95% (3 years), 13.14% (5 years), and
11.98% (10 years). The corresponding Lipper Leader ratings of the
fund for the same period are as follows: 4 (3 years), 5 (5 years),
and 5 (10 years).
The NBI Innovators Fund (Investor Series) earned the LSEG
Lipper Fund Awards Canada 2024 certificates for best five-year
performance out of a total of 197 funds and best ten-year
performance out of a total of 133 funds in the Global Equity
category for the period ending July 31,
2024. Data is aggregated until the end of July of any given
year and results are published in November. Performance for the NBI
Innovators Fund (Investor Series) for the period ended September 30, 2024, is as follows: 37.39% (1
year), 13.89% (3 years), 18.79% (5 years), and 18.23% (10 years).
The corresponding Lipper Leader ratings of the fund for the same
period are as follows: 5 (3 years), 5 (5 years), and 5 (10
years).
The LSEG Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers.
The LSEG Lipper Fund Awards are based on the Lipper Leader
for Consistent Return rating, which is a risk-adjusted performance
measure calculated over 36, 60 and 120 months. The fund with the
highest Lipper Leader for Consistent Return (Effective Return)
value in each eligible classification wins the LSEG Lipper Fund
Award. For more information, see lipperfundawards.com. Although
LSEG Lipper makes reasonable efforts to ensure the accuracy and
reliability of its data, the accuracy is not guaranteed by LSEG
Lipper.
About NBI Funds
NBI Funds (the "Funds") are
offered by National Bank Investments Inc., an indirect wholly owned
subsidiary of National Bank of Canada, and sold by authorized dealers.
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.
About National Bank Investments
Inc.
National Bank Investments Inc.
("NBI") is an investment funds
management firm committed to manufacturing and offering mutual
funds, investment solutions and services designed to help Canadian
investors pursue their financial goals. As at September 30, 2024, assets under management in
NBI products were valued at over $93.38 billion.
Guided by an open architecture strategy, 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. Follow NBI's activities
at nbinvestments.ca or via social media
such
as YouTube and LinkedIn.
National Bank Investments is a signatory of the United
Nations-supported Principles for Responsible Investment, a member
of Canada's Responsible Investment
Association, and a founding participant in the Climate Engagement
Canada initiative.
About National Bank of Canada
With $454 billion in assets as at July 31, 2024, National Bank of
Canada is one of
Canada's six systemically
important banks. The Bank has approximately 30,000 employees in
knowledge-intensive positions and operates through three business
segments in Canada: Personal and
Commercial Banking, Wealth Management and Financial Markets. A
fourth segment, U.S. Specialty Finance and International,
complements the growth of its domestic operations. Its securities
are listed on the Toronto Stock Exchange (TSX: NA). Follow the
Bank's activities at nbc.ca or via social
media.
SOURCE National Bank of Canada