National Bank Securities Inc. unveiled its new line-up of Omega Funds on Monday: four mutual funds that draw upon privileged partnerships to offer investors distinctive strategies at competitive fees.
The four Omega Funds are:
– Omega Preferred Equity Fund
– Omega High-Dividend Fund
– Omega Consensus American Equity Fund
– Omega Consensus International Equity Fund
ING Investment Management Inc. is the portfolio manager of the Omega Preferred Equity Fund and the Omega High Dividend Fund. The Omega Preferred Equity Fund invests entirely in preferred shares. The Omega High-Dividend Fund aims to maximize long-term capital growth potential while generating high-dividend income through its stock selection strategy.
The Omega Consensus American Equity Fund and the Omega Consensus International Equity Fund are sub-managed by Validea Capital Management, LLC, a U.S. company specializing in private portfolio management. The added value for these two funds lies notably in their pure quantitative stock selection system that relies on interpreting various market-recognized financial ratios using a specific methodology.
The strategies developed inspired a book, the Market Gurus, in which the investment approach used for the two Omega Consensus Funds is explained. John Reese, co-author of the book, is also lead manager for both Omega Consensus Funds at Validea Capital Management, LLC.
“The launch of the Omega Funds reflects our determination to offer solutions that innovate through our choice of partners and management style, all with competitive fees”, says Charles Guay, president and CEO of National Bank Securities.
National Bank Securities launches Omega Funds
The four new funds all offer distinctive strategies
- By: IE Staff
- December 10, 2007 December 10, 2007
- 11:13