NBF Emissary Turnkey Solution LP said Wednesday it plans to terminate the Emissary and Diplomat Portfolios as of December 11.

The portfolios are distributed primarily by National Bank Financial investment advisors.

The decision to terminate the portloios was made in order to streamline the range of investment solutions offered by National Bank Financial Group, NBF Emissary said.

The following are the funds to be terminated:

• Emissary Canadian Equity;
• Emissary Canadian Fixed Income;
• Emissary U.S. Growth;
• Emissary U.S. Value;
• Emissary U.S. Small/Mid Cap;
• Emissary International Equity (EAFE);
• Diplomat Balanced Portfolio;
• Diplomat Growth Portfolio; and
• Diplomat Maximum Growth Portfolio.

Immediately following the close of business at 4 p.m. on Aug. 12, the Emissary and Diplomat Portfolios will be closed to new purchases, with the exception of pre-established systematic investment and distribution reinvestment plans.

However, unitholders will be able to redeem their units of the Emissary and Diplomat Portfolios until December 11. Unless notified otherwise, any remaining holders will then have their units redeemed and the redemption proceeds will be distributed.

No redemption or sales fees will be charged to unitholders.

IE