SOURCE: NEI Investments

February 25, 2016 15:25 ET

NEI Investments Announces a Change to NEI Northwest Canadian Equity Fund (the Underlying Fund of the NEI Northwest Canadian Equity Corporate Class)

TORONTO, ON --(Marketwired - February 25, 2016) - NEI Investments ("NEI") announced today that, effective on or after May 2, 2016, the NEI Northwest Canadian Equity Fund (the underlying fund of the NEI Northwest Canadian Equity Corporate Class) will begin using derivatives. It is anticipated that initially the NEI Northwest Canadian Equity Fund will use derivatives solely for hedging purposes as permitted by securities legislation to help protect its portfolio against currency risk.

The use of derivatives will comply with applicable securities legislation and will also be consistent with the NEI Northwest Canadian Equity Fund's investment objective and strategies.

ABOUT NEI INVESTMENTS

NEI Investments is a national investment firm with approximately $6 billion in assets under management. It offers Canadian retail investors access to experienced money managers through a wide range of investment solutions in three fund families, NEI, Northwest Funds and Ethical Funds. Its products provide investors with a full range of investment management styles as well as conventional and socially responsible investment choices.

NEI Investments is owned 50% by the Provincial Credit Union Centrals and 50% by Desjardins Group. This backing of experience and resources allows NEI Investments to actively support business growth in these networks as well as independent advisor channels.

NEI Investments has offices in Toronto, Vancouver and Montreal.

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