As at July 31, 2025

NBI Tactical Equity Private Portfolio

F Series

Category: Global Equity

Investment Objective

To achieve long-term capital growth. The fund invests tactically, directly or through investments in securities of other mutual funds, in a portfolio composed mainly of global equity securities.

Fund Details

Investment horizon

At least 5 years

Fund volatility

Medium

Minimum Initial Investment:

$500

Subsequent Investment:

$50

Systematic Investment:

$25

Distribution Frequency:

Annually

Assets Under Management ($M):

$235.1

Price per Unit:

$14.84

Inception Date:

May 13, 2022

Value of $10,000 since inception:

$15,392

Benchmark Index:

MSCI World Index (CAD)

Management Fee:

0.60%

MER:

0.81%

Portfolio Manager:

National Bank Investments Inc.

Available Fund Codes:

F Series NBC4083

Portfolio Asset Mix

(% of Net Assets)

Canada 40.01%
United States 24.78%
European Union 14.27%
Asia/Pacific Rim 7.44%
Other 5.81%
Japan 5.80%
Africa and Middle East 1.12%
Latin America 0.77%
Sector Allocation %
Financial Services 25.04
Technology 19.86
Consumer Goods & Services 13.48
Industrial Goods & Services 11.17
Basic Materials 7.99
Energy 7.96
Healthcare 5.38
Utilities 3.05
Real Estate 2.99
Telecommunications 2.01
Exchange Traded Fund 0.90
Other 0.17
Dividend Yield (Trailing Yield) 2.24
Top Holdings %
Royal Bank of Canada 2.55
Shopify Inc Cl 2.08
NVIDIA Corp 1.88
Microsoft Corp 1.78
Toronto-Dominion Bank 1.76
Apple Inc 1.40
Enbridge Inc 1.39
Brookfield Corp Cl 1.16
Bank of Montreal 1.13
Amazon.com Inc 1.02
Total of Top Holdings of the Fund
(% of Net Assets):
16.15
Total Number of Securities Held: 3426

Calendar Returns (%)

YTD 2024 2023 2022 2021 2020 2019
6.99 23.98 15.58 - - - -

Annualized Returns (%)

1 M 3 M 6 M 1 Y 3 Y 5 Y 10 Y Incp.
1.71 10.25 2.98 14.32 15.19 - - 14.42

Disclosure

NBI Mutual Funds (the “Funds”) are offered by National Bank Investments Inc. an indirect wholly owned subsidiary of National Bank of Canada and sold by authorized dealers. 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 indicated rates of return are the historical annual compounded total returns which include changes in the value of securities and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. The Funds’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. For money market funds, there can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of the investment in a fund will be returned. The Funds are not guaranteed, their values change frequently and past performance may not be repeated.