National Bank Securities Inc., manager of National Bank Mutual Funds, today announced that it is reducing the management fees on the investor and advisor series of the National Bank Global Bond Fund to 1.50% from 1.75%, effective immediately.
The manager says the lower management fees on the fund will also have a positive impact on the Secure, Conservative, Moderate, Balanced and Growth National Bank Strategic Portfolios.
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The cuts come as the bank continues to work through its turnaround plan