National Bank Investments announces changes to a Fund
Montreal, November 23, 2022 – National Bank Investments Inc. (“NBI”) announced today the change of portfolio sub-advisor and name change for the NBI Science and Technology Fund (the “fund”).
National Bank Trust Inc. (“NBT”), as portfolio manager of the fund, delegated to Fiera Capital Corporation (“Fiera”) investment decisions as portfolio sub-advisor. On or about November 30, 2022, J.P. Morgan Investment Management Inc. will replace Fiera as the fund’s portfolio sub-advisor. NBT will continue to ensure compliance with the investment decisions in relation to the mandate. The investment objective of the fund remains unchanged.
This change is in line with the governance process of NBI’s open architecture structure.
In addition, the fund will be renamed effective as of November 30, 2022 as follows:
|NBI Science and Technology Fund
||NBI Innovators Fund
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 September 30, 2022, assets under management in NBI products were valued at over $74 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 $387 billion in assets as at July 31, 2022, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. The Bank has more than 28,000 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.
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Senior Advisor, Public Affairs and Corporate Social Responsibility
National Bank of Canada