NAB Private Wealth and BlackRock Join Forces to Offer New iShares ETFs

NAB Private Wealth and BlackRock have entered into a broader relationship, which has brought nabtrade, NAB's online investing platform, and iShares, a collection of exchange-traded funds (ETFs) managed by BlackRock, together to offer a suite of innovative iShares ETFs (Exchange Traded Funds) which will be available on nabtrade.

Executive, NAB Private Wealth, Justin Greiner, said NAB was excited to partner with BlackRock to make this range of iShares ETFs available on the nabtrade platform.

"As one of the global pioneers in ETF investing, BlackRock iShares is known for the breadth of its global offering, sustainability focus, and investor education in helping investors understand how they should think about portfolio construction," Mr Greiner said.

"At NAB Private Wealth, we look to partner with global and local leaders to deliver unique and innovative investment solutions to our clients."

"This partnership brought to market through nabtrade and iShares plays to our strategy and provides scope to deepen our relationship with BlackRock across our Private Wealth business."

Jason Collins, Deputy Head of Australasia at BlackRock said: "The combined expertise of BlackRock and NAB Private Wealth draws on our global iShares product set paired with local insights to develop funds specifically designed to meet Australian investors' evolving needs."

"The convenience of ETFs is enabling a new generation to invest. ETFs have helped more Australian investors access diversified exposures and portfolio outcomes, and ultimately pursue their long-term wealth creation and investment goals."

"We look forward to extending our relationship with the NAB Private Wealth team as we broaden our local range of sustainable investment solutions to ensure every Australian investor who seeks to invest more sustainably has a broad choice of cost-effective investment options," Mr Collins said.

The new iShares ETFs are expected to be available in August via nabtrade with a dedicated ETF Centre comprising the latest insights, education, and tools.