MONTREAL, Feb. 28, 2022 /CNW/ - National Bank Investments
Inc. ("NBI") announced today the change of portfolio manager for
the NBI Canadian All Cap Equity Fund and the change of
portfolio sub-advisor for the NBI Canadian Equity Private
Portfolio.
On or about April 28, 2022,
National Bank Trust Inc. ("NBT") will replace CI Global Asset
Management as portfolio manager to the NBI Canadian All Cap Equity
Fund and will delegate investment decisions to Manulife Investment
Management. The latter will act as the fund's portfolio
sub-advisor, with NBT ensuring that their decisions remain
compliant within this given mandate. The investment objective
remains unchanged.
On or about April 28, 2022,
Manulife Investment Management will replace CI Global Asset
Management as portfolio sub-advisor of the NBI Canadian Equity
Private Portfolio, with NBT ensuring that their decisions remain
compliant within this given mandate. The investment objective
remains unchanged.
These changes are in line with the governance process of NBI's
open architecture structure.
These changes will be reflected in the upcoming amendment to the
simplified prospectus for the NBI Funds, which will be
available on the SEDAR website as well as on the National
Bank Investments website.
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 Inc. (NBI)
is an investment funds management firm committed to manufacturing
and offering mutual funds, investment solutions and services
designed to help Canadian investors pursue their financial goals.
As at December 31, 2021, assets under
management in NBI products were valued at over $80 billion.
Guided by an open architecture strategy, 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. Follow NBI's activities
at nbinvestments.ca or via social media such as
YouTube and LinkedIn.
National Bank Investments is a member of Canada's Responsible Investment
Association and a signatory of the United Nations-supported
Principles for Responsible Investment.
About National Bank of Canada
With $367 billion in assets as at January 31, 2022, National Bank of
Canada, together with its
subsidiaries, forms one of Canada's leading integrated financial groups.
The Bank has more than 27,000 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, LinkedIn and Twitter.
SOURCE National Bank of Canada