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National Bank Financial Inc. Rolls Out Fund Distribution Platform Access To NEO Connect

Canada’s Newest Fund Distribution Platform Surpasses $450 MM in AUM of Transacted Funds


Toronto, February 1, 2018NEO Connect is pleased to welcome National Bank Financial Inc. (“NBF”) to its fund distribution platform. This news comes as NEO Connect, Canada’s first fund distribution platform for both Prospectus and Private/Offering Memorandum (OM) funds, eclipses $450 MM in AUM.

“National Bank was an early adopter of the platform, and we are very excited to strengthen our partnership with NBF Inc. as we welcome them onto NEO Connect,” said Jos Schmitt, President & CEO, NEO. “NBF Inc. has clearly recognized the value of this game-changing solution, which ultimately makes purchasing funds more efficient for dealers, their advisors and, ultimately, the end-investor.”

NEO Connect currently has 45 Platform Traded Funds (PTFs) consisting of 43 prospectus funds and 2 OM funds available on the platform, with access provided by numerous investment dealers. PTFs are unique in that they transact and settle just like listed securities or exchange-traded funds (ETFs), using a streamlined process that eliminates unnecessary layers of cost.

“Our rapid growth and adoption affirm our commitment to meet the needs of Canadian investors with new technological solutions that solve industry challenges,” continued Schmitt. “Doubling our AUM within the last six months is a tremendous achievement, and our team is already looking forward to the next big milestone.”

It is after a successful pilot program through 2017 that NBF Inc. has decided to roll out full access to NEO Connect.


About National Bank of Canada

With $246 billion in assets as at October 31, 2017, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups.  It has more than 21,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity.  Its securities are listed on the Toronto Stock Exchange (TSX: NA).  Follow the Bank’s activities at or via social media such as Facebook, LinkedIn and Twitter.


About NEO Connect

Access is available at no cost from NEO Connect for investment dealers, and an initial test trade can be organized and executed within 24 hours for investment dealers. Our seamless onboarding process very quickly has fund manufacturers set up to process transactions.  To arrange a test or learn more, contact the Investor Helpline at 1-844-567-6424 (toll-free) or visit:

Launched in May 2016, NEO Connect is Canada’s new fund distribution platform, built by the innovation arm of Aequitas Innovations. Aequitas is also the parent company of the NEO Exchange, a new Canadian stock exchange using a bold new blueprint that puts investors, capital-raising companies and dealers first. Aequitas Innovations was founded by a diverse group of prominent investors representative of all Canadian capital market stakeholders. For more information, please visit:



Media Contact
Adam Bornstein