A family of low fee Jarislowsky Fraser mutual funds is to be launched, subject to regulatory approvals.

Three funds will initially form the family: the Jarislowsky Fraser Select Canadian Equity Fund, the Jarislowsky Fraser Select Balanced Fund and the Jarislowsky Fraser Select Income Fund.

These funds will be available through authorised investment dealers (including direct brokerage firms) and independent mutual fund advises.

Jarislowsky Fraser has been managing investment portfolios for Canadian individuals and institutions for more than half a century. Its approach is centered around low-risk investments in high quality securities.

National Bank Securities, the fund manufacturer, is a wholly owned subsidiary of National Bank of Canada, which has been serving the financial needs of Canadian governments, corporations, businesses and individuals for more than 150 years.