National Bank Investments announced on Oct. 18 the launch of the NBI Unconstrained Fixed Income ETF. Its units are now trading on the Toronto Stock Exchange under the ticker symbol NUBF.

"In this increasingly uncertain environment, fixed income investors want to manage risk while generating yield and returns. Opting for an active approach to fixed income investing provides latitude to proactively adjust the ETF's portfolio and reduces concentration risk," said Annamaria Testani, Vice-President, National Sales at National Bank Investments. "We are pleased to launch this new ETF that aims to help investors navigate market cycles."

National Bank Trust will be the portfolio manager to the ETF and will delegate investment decisions to J.P. Morgan Investment Management, which will act as the ETF's sub-advisor.

The ETF’s management fee is 0.75%.