National Bank has unveiled the first issue of its new Advantage 8 Plus GIC, available from January 9 to March 7. The GIC combines principal protection to maturity and exposure to a benchmark portfolio composed of common shares in 20 leading Canadian, U.S., European, Japanese and Australian companies.The new GIC products lets investors take advantage […]
The four new funds all offer distinctive strategies
Bank hikes dividend, announces share buy-back
Bank revalues ABCP
Consolidation expected to cut MERs for most Altamira Funds
National Bank of Canada says it will be holding “Operation Retirement” information sessions from October 2 to 12, in several cities throughout central and eastern Canada.The goal of these sessions is to help clients better plan for their retirement by offering them investment solutions as well as an integrated approach that brings together all the […]
Purchase of $2 billion of ABCP to be reflected in Q4 earnings
None of the Altamira funds has any exposure to the current ABCP market
Any losses accruing to the bank as a result $2 billion of non-bank administered ABCP are very likely to be well-below one-year’s pre-tax, pre-provision earnings
Ratings agency cites bank’s solid capital ratios