Montreal-based National Bank Investments Inc. (NBI) has announced a new portfolio manager for National Bank Global Diversified Equity Fund.

Effective Sept. 1, portfolio manager Fidelity Investments Canada ULC will be replaced by National Bank Trust Inc. The investment objective of the fund will not be altered.

“This change is in line with the governance process of NBI’s open architecture structure,” the firm says in a statement.

In addition, NBI announced National Bank Global Diversified Equity Fund will be renamed the NBI Global Diversified Equity Fund as of Sept. 1.