The Toronto Stock Exchange reports that NBI Target 2026 Investment Grade Bond Fund will be listed at 5:01 p.m. on June 16, 2025, for trading at the open on June 17, 2025. According to the TSX, there will be 100,000 units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The units will trade under the symbol NTGA, in Canadian dollars and with Cusip No. 62880H 10 7.

The TSX reports that the ETF seeks to provide current income and preserve capital over a predetermined time period. The ETF invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio consisted primarily of investment-grade debt securities of North American issuers with an effective maturity in 2026. It is anticipated that the ETF will terminate on or about Nov. 30, 2026, or such earlier date upon not less than 60 days of notice to unitholders.

According to the TSX, cash distributions on the units will be payable monthly. The manager may, at its discretion, change the frequency of cash distributions, and will issue a news release if such a change is made. The manager may also make additional distributions in any year if determined to be appropriate.

The ETF's manager is National Bank Investments Inc. and its trustee is Natcan Trust Company. Its transfer agent and registrar is TSX Trust Company at its principal office in Toronto, and its fiscal year-end is Dec. 31. As stated in its simplified prospectus dated May 14, 2025, the ETF is issuing 100,000 units at $10 per unit in its initial public offering. It expects to close the offering before the open on June 17, 2025. The designated market-maker is National Bank Financial Inc.