Montreal-based National Bank Investments Inc. (NBI) announced the launch of five new actively managed ETFs on Wednesday.
Three of the ETFs — the NBI Sustainable Canadian Bond ETF, the NBI Sustainable Canadian Equity ETF and the NBI Sustainable Global Equity ETF — have a focus on sustainable investing, with management fees ranging between 0.55% and 0.65%.
The NBI High Yield Bond ETF and the NBI Global Private Equity ETF have management fees of 0.60% and 0.55%, respectively.
All five ETFs began trading on the Toronto Stock Exchange on Wednesday.