National Bank Direct Brokerage (NBDB) today announced the launch of an asset allocation tool on its transaction Web site.
The highly sophisticated tool, considered one of the most powerful on the market, is being made available to NBDB clients in order to provide them with even more effective support in choosing their investment mix.
Using the exclusive features of this tool, investors can:
- select all investments they currently hold;
- automatically allocate investments across different asset classes;
- include shares, fixed-income securities and mutual funds; and
- combine the different accounts associated with their user code.
In addition, investors who carry out more than 30 stock or options trades per quarter, via NBDB’s electronic trading systems will benefit from a commission of $4.95 on stock trades. This fee, one of the most competitive on the market, officially took effect on January 15 for all investors who qualify.
NBDB has more than 100 securities representatives who can meet the particular needs of investors who opt for direct brokerage solutions and can accompany them in developing their investment strategies. A subsidiary of National Bank of Canada, NBDB also operates outside Quebec under the name Altamira Securities.