Investment Objective
To ensure long-term capital appreciation. To achieve this, it invests primarily in a diversified range of fixed income and equity mutual funds (which may include exchange-traded funds ("ETFs")).
Fund Details
Investment horizon:
Fund volatility
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Quarterly
Assets Under Management ($M):
$1,192.3
Price per Unit:
$18.50
Inception Date:
May 19, 2017
Value of $10,000 since inception:
$19,421
Benchmark Index:
Morningstar Canada Large-Mid 35%
Morningstar Developed Markets ex North America 20%
Morningstar Emerging Markets Large-Mid 10%
Morningstar US Large Cap 35%
Management Fee:
2.00%
MER:
2.48%
Portfolio Manager:
National Bank Investments Inc.
Management Fee Reduction Plan¹
For High Net Worth investors
Amount Applicable
| Level | to the level* | Rate |
|---|---|---|
| 1 | $174,999.99 or less | 0.100% |
| 2 | $175,000 or more | 0.200% |
¹ Subject to have a market value of at least $100,000 to
benefit from this Reduction Plan.
* For Investor, R and F-2 Series of all NBI Portfolios
Who is this fund for?
Investors who:
- are looking to invest for the long term (at least five years);
- are looking for a turnkey solution composed of several asset classes in order to achieve a fully diversified portfolio;
- are looking for long-term capital appreciation.
Subscriber Rights
Under the securities law in some provinces and territories, you have the right to:
- withdraw from an agreement to buy mutual fund securities within two business days after you receive a simplified prospectus or Fund Facts document; or
- cancel your purchase within 48 hours after you receive confirmation of the purchase.
Portfolio Asset Mix
(% of Net Assets)
| US Equity | 37.19% |
| Canadian Equity | 30.94% |
| International Equity | 30.29% |
| Cash and Equivalents | 1.52% |
| Income Trust Units | 0.06% |
| Top Funds | % |
|---|---|
| NBI U.S. Equity Private Portfolio | 21.22 |
| NBI Diversified Emerging Markets Equity Fd | 9.00 |
| NBI SmartData U.S. Equity Fund | 8.99 |
| NBI Canadian All Cap Equity Fund | 7.61 |
| NBI Sustainable Canadian Equity ETF (NSCE) | 7.58 |
| NBI Canadian Equity Growth Fund | 7.57 |
| NBI Canadian Equity Fund | 7.52 |
| NBI SmartData International Equity Fund | 6.98 |
| NBI Active International Equity ETF (NINT) | 4.64 |
| NBI Canadian Equity Index Fund | 3.96 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 6.72 | 17.40 | 15.51 | -13.09 | 18.97 | 12.48 | 19.22 |
Annualized Returns (%)
Regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
| Canadian Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|---|
| NBI Canadian All Cap Equity Fund | -0.10 | 8.16 | 7.85 | 15.02 | 12.61 | 14.18 | 7.64 | 8.61 |
| NBI Sustainable Canadian Equity ETF (NSCE) | -0.83 | 4.62 | 9.16 | 16.92 | 15.31 | 14.85 | - | 14.11 |
| NBI Canadian Equity Growth Fund | 0.57 | 6.04 | 4.40 | 11.36 | 10.26 | 11.31 | 9.45 | 9.16 |
| NBI Canadian Equity Fund | 0.49 | 8.70 | 3.64 | 18.26 | 16.04 | - | - | 11.97 |
| NBI Canadian Equity Index Fund | 1.68 | 10.47 | 8.48 | 22.35 | 15.79 | 14.96 | - | 11.54 |
| Global Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI U.S. Equity Private Portfolio | 3.90 | 16.37 | 2.55 | 13.76 | 20.60 | 18.40 | - | 19.36 |
| NBI Diversified Emerging Markets Equity Fd | 2.62 | 13.96 | 11.22 | 18.23 | 13.24 | 8.47 | - | 10.80 |
| NBI SmartData U.S. Equity Fund | 3.10 | 13.60 | -1.58 | 14.37 | 20.32 | 16.50 | - | 14.80 |
| NBI SmartData International Equity Fund | -0.74 | 5.68 | 8.97 | 15.30 | 18.78 | 13.18 | 7.68 | 8.03 |
| NBI Active International Equity ETF (NINT) | -2.34 | 0.33 | -5.15 | -0.50 | 9.66 | - | - | 1.55 |
| NBI Global Small Cap Fund | 1.91 | 11.68 | 0.17 | 6.56 | - | - | - | 9.44 |
| NBI Sustainable Global Equity ETF (NSGE) | 1.30 | 11.85 | -2.57 | 3.27 | 9.07 | 7.66 | - | 10.10 |
| NBI U.S. Equity Index Fund | 4.06 | 15.00 | 0.47 | 17.01 | 20.09 | 16.05 | - | 14.87 |
| NBI International Equity Index Fund | -0.51 | 5.11 | 6.33 | 11.80 | 16.20 | 11.16 | - | 7.68 |
| NBI International Equity Fund | -3.14 | 0.00 | -6.46 | -0.14 | - | - | - | 8.72 |
| iShares Core MSCI Emerging Markets ETF (IEMG) | - | - | - | - | - | - | - | - |
| NBI Active Global Equity Fund | 1.20 | 11.57 | 0.56 | 8.28 | - | - | - | 18.35 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| Portfolio | 1.16 | 9.45 | 2.75 | 11.07 | 12.93 | 10.86 | - | 8.43 |
Disclosure
NBI Mutual 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 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.