National Bank Investments
(NBI) has announced changes for its National Bank Consensus International Equity Fund and National Bank Consensus American Equity Fund.
By March 3 or thereabouts, Goldman Sachs Asset Management will replace the funds’ current portfolio manager Fiera Capital
Corporation, as well as sub-portfolio manager Validea Capital Management. The investment objective will not be changed. The new portfolio manager’s investment management strategy will be based on three alpha drivers: momentum, valuation, and profitability.
NBI is making these changes in line with its 100% open-architecture structure, under which the funds formulated for its product shelf is managed exclusively by other firms.
Aside from the portfolio management shift, NBI is also creating H and FH series for the two funds; their names will also be changed.
|National Bank Consensus American Equity Fund
||NBI SmartData U.S. Equity Fund
|National Bank Consensus International Equity Fund
||NBI SmartData International Equity Fund
The name changes and the creation of new fund series will be completed as of March 3.
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