National Bank Investments Inc. (“NBI”) announced today the change of
portfolio manager for the NBI Canadian High Conviction Equity Private
Portfolio (the “Fund”).
On or about January 15, 2018, National Bank Trust Inc. (“NBT”) will
become the portfolio manager for the Fund.
At the same date, NBT will retain Phillips, Hager & North
Investment Management®, a division of RBC Global Asset
Management Inc., as portfolio sub-advisor for the Fund. The investment
objective of the Fund remains unchanged.
This change is in line with the governance process of NBI’s open
The change will be reflected in the upcoming amendment to the
simplified prospectus for the NBI Funds, which will be available at www.sedar.com and www.nbc.ca.
About NBI Funds
NBI Funds (the “Funds”) are offered by National Bank Investments
Inc., a wholly owned subsidiary of National Bank of Canada.
Commissions, trailing commissions, management fees and expenses all
may be associated with investments in the Funds. Please read the
prospectus of the Funds before investing. The Funds’ securities are
not insured by the Canada Deposit Insurance Corporation or by any
other government deposit insurer. The Funds are not guaranteed,
their values change frequently and past performance may not be repeated.
About National Bank Investments Inc.
National Bank Investments (“NBI”) is an investment fund management
firm committed to manufacturing and distributing mutual funds,
investment solutions and services designed to help Canadian
investors pursue their financial goals. As at October 31, 2017, the
value of assets under management in NBI products amounted at almost $50 billion.
Guided by a 100% open architecture structure, NBI is dedicated to
providing diverse solutions to meet the evolving needs of its
clients. NBI consistently strives to be recognized as a key partner
by combining innovation and excellence. NBI’s role is not limited to
administrative aspects of management; NBI Advisory Services and its
registered representatives form a team of specialists who provide
information and advice to help advisors build portfolios adapted to
their clients’ financial needs.
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 nbc.ca or via social media such as Facebook,