National Bank Investments renames BNI Floating Rate Income Fund to BNI Ultra-Short Fixed Income Fund

PUBT · 1d ago
National Bank Investments renames BNI Floating Rate Income Fund to BNI Ultra-Short Fixed Income Fund
  • National Bank of Canada unit National Bank Investments will rename the BNI Floating Rate Income Fund to the BNI Ultra-Short Fixed Income Fund around Aug. 31, 2026.
  • Management fees will drop to 0.75% from 1.05% for several retail series; administration fees cut to 0.05% from 0.1%.
  • Management fees will fall to 0.25% from 0.55% for Series F and FT; administration fees also reduced to 0.05% from 0.1%.
  • The fund’s management-fee rebate program for high-net-worth investors will end around Sept. 8, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. National Bank of Canada published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.