The firm has named a new subadvisor for NEI Northwest Canadian Dividend Fund and reduced fees for its Canadian equity funds
Firm launches thematic fund that focuses on aging population and global equity fund
The MER for the funds have been reduced between five to 40 basis points, but there will be no changes made to the fixed administration fee
Name change at Excel; NEI terminates one fund
The company will also take over portfolio management duties for NEI Ethical American Multi-Strategy Fund and NEI Ethical Global Dividend Fund
The new fund aims to address the need for yield at the lower end of the risk spectrum
Mergers take effect Sept. 14
NEI Select Conservative Portfolio has had its risk rating lowered
If approved, the mergers will be effective in September
