B2B Trust and NexGen Financial have signed agreements for the distribution of investment and RRSP loans, the two firms said Tuesday.
Under the terms of these agreements, B2B Trust will offer preferred rates on investment and RRSP loans to Canadian investors who purchase eligible NexGen mutual funds through licensed financial advisors.
“With all the volatility in the market recently, it’s no surprise that investors want to take greater control over their investments,” says Susi McCord, Senior Vice President, Marketing and Distribution at B2B Trust.
“NexGen’s focus of creating innovative investment products specifically for Canadians seeking more tax efficient investment solutions makes them a great addition to our list of Distribution Alliances,” says Susi McCord, senior vice president, marketing and distribution at B2B Trust.
B2B Trust, a subsidiary of Laurentian Bank, provides investment and RRSP loan options to advisors and agents in the mutual fund and insurance sectors, as well as through dealers and managing general agencies.
NexGen markets registered and tax-managed fund offerings to Canadians looking to alleviate the tax costs associated with traditional investment solutions.