National Bank Trust Inc. (NBT) will become the portfolio manager for NBI Canadian High Conviction Equity Private Portfolio, on or about Jan. 15, 2018, Montreal-based National Bank Investments Inc. (NBI) announced Thursday.

At the same date, NBT will retain Phillips, Hager & North Investment Management, a division of RBC Global Asset Management Inc., as portfolio subadvisor for the fund. “The investment objective of the fund remains unchanged,” NBI says in its announcement.