Changes to National Bank global fund

National Bank Investments Inc. of Montreal has made several changes to one of its global funds: Meritage Global Income and Growth Portfolio has been renamed Meritage Global Balanced Portfolio; the fund’s administration fee was reduced to 0.08% from 0.13%; and the fund’s investment strategy was changed to allow for investments in ETFs. Furthermore, distributions for the A-class and F-class units now will be made on a quarterly basis rather than monthly. Financial advisor commissions are 0%-5% for front-end sales, 5% for deferred sales or 2.5% for the low-load option. Redemption fees begin at 6% in Year 1 and end at zero after Year 6 for the regular DSC schedule; or begin at 3% in Year 1 and end at zero after Year 3 for the low-load schedule. Trailing commissions are 1% for front-end sales; 0.5% for the first six years of deferred sales, and 1% thereafter; and 0.5% for the first three years of low-load sales, and 1% thereafter. Management fees are 2% for A-class units and 1% for F-class units. Minimum investment is $500.

(fcollie@investmentexecutive.com).