Investment Objective
To maximize long term capital appreciation. It aims to deliver on its objective by investing in a portfolio comprised primarily of Canadian and foreign common shares and fixed-income securities.
Fund Details:
Investment horizon
Fund volatility
Minimum Initial Investment:
$250,000
Subsequent Investment:
$100
Systematic Investment:
$100
Distribution Frequency:
Monthly
Assets Under Management ($M):
$1,328.0
Price per Unit:
$25.46
Inception Date:
October 30, 2015
Value of $100,000 since inception:
$254,600
MER:
0.54%
TER:
0.12%
Trailing Commission:
Max annual 1.50%
(included within the Service Fees)
Portfolio Manager:
National Bank Investments Inc.
Service Fees
NBI Private Wealth Management Amount Applicable
| Level | to the level* | Rate** |
|---|---|---|
| 1 | First $250,000 | 1.500% |
| 2 | Next $250,000 | 0.850% |
| 3 | In excess of $500,000 | 0.750% |
*The levels apply according to the market value of the
assets.
**Taxes not included
Portfolio Asset Mix
(% of Net Assets)
| Canadian Equities | 27.91% |
| Global Equities | 72.09% |
Funds
| Category | Min Target | Target | Max Target | Actual |
|---|---|---|---|---|
| Canadian Equities | 25.00% | 25.00% | 45.00% | 27.91% |
| Global Equities | 55.00% | 75.00% | 75.00% | 57.63% |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Investor Series | 7.06 | 19.44 | 15.96 | -8.82 | 21.17 | 11.88 | 20.68 |
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%
Annualized Returns (%)
Regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
| Canadian Equities | Market (%) | Volatility | MER | TER | Trailing | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NBI Canadian Equity Private Portfolio | 9.27 | Medium | 0.40 | 0.05 | 0.51 | 2.55 | 9.14 | 12.59 | 24.87 | 16.72 | 17.66 | - | 9.27 |
| NBI Canadian High Conviction Equity Private Portfolio | 9.32 | Medium | 0.40 | 0.14 | 0.51 | 2.88 | 8.01 | 9.86 | 25.65 | 15.97 | 17.07 | - | 10.67 |
| NBI Sustainable Canadian Equity Fund | 9.33 | Medium | 0.39 | - | - | 0.54 | 8.57 | 13.09 | 25.18 | 18.04 | - | - | 13.39 |
| Global Equities | Market (%) | Volatility | MER | TER | Trailing | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| 14.45 | - | - | - | - | - | - | - | - | - | - | - | - | |
| NBI Active International Equity Fund | 3.12 | Medium | - | - | - | - | - | - | - | - | - | - | - |
| NBI Diversified Emerging Markets Equity Fund | 9.09 | Medium | 1.21 | 0.37 | 0.51 | 6.10 | 7.62 | 11.64 | 15.71 | 10.95 | 8.51 | - | 7.85 |
| NBI Global Small Cap Fund | 3.00 | Medium to high | - | - | - | - | - | - | - | - | - | - | - |
| NBI International High Conviction Equity Private Portfolio | 3.14 | Medium | 0.52 | 0.03 | 0.51 | 0.39 | 1.88 | 3.15 | 4.35 | 15.79 | 10.20 | - | 10.29 |
| NBI SmartData International Equity Fund | 6.35 | Medium | 0.52 | 0.09 | 1.00 | 1.64 | 6.75 | 16.64 | 20.53 | 20.20 | - | - | 11.15 |
| NBI Sustainable Global Equity Fund | 1.54 | Medium | 0.58 | - | - | 3.43 | 7.52 | 0.56 | 5.39 | 12.21 | - | - | 3.04 |
| NBI Tactical Equity Private Portfolio | 10.01 | Medium | 0.41 | 0.01 | - | 3.19 | 6.28 | 5.36 | 16.64 | 17.10 | 12.89 | - | 9.69 |
| NBI U.S. Equity Private Portfolio | 17.14 | Medium | 0.52 | 0.05 | 0.51 | 4.54 | 6.36 | 1.92 | 9.92 | 22.45 | 18.29 | - | 17.12 |
| NBI U.S. High Conviction Equity Private Portfolio | 4.25 | Medium | 0.52 | 0.01 | 0.51 | 2.05 | -0.88 | -2.36 | 7.84 | 16.14 | 14.08 | - | 14.51 |
| Portfolio | Market (%) | Volatility | MER | TER | Trailing | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| Portfolio | Medium to high | 0.54 | 0.12 | 0.51 | 2.66 | 5.77 | 7.06 | 16.90 | 16.63 | 13.78 | - | 10.14 |
Monthly Distribution Details
| Date | 986 Investor Series | 996 Retirement Series | ||||||
|---|---|---|---|---|---|---|---|---|
| Price/Unit ($) | Monthly Distribution/ Unit ($) (incl. cap. gains) |
Annual Distribution/Unit (%) (excl. cap. gains) |
Price/Unit ($) | Monthly Income ($) |
Return of Capital ($) |
Annual Distribution/ Unit (%) (excl. cap. gains) |
Reinv. Cap.Gains |
|
| June 30, 2025 | 25.46 | 0.0000 | 0.00 | 25.48 | 0.0210 | 0.0776 | 4.64 | - |
| May 30, 2025 | 24.80 | 0.0000 | 0.00 | 24.81 | 0.0177 | 0.0949 | 5.44 | - |
| April 30, 2025 | 23.66 | 0.0000 | 0.00 | 23.68 | 0.0259 | 0.0861 | 5.68 | - |
| March 31, 2025 | 24.07 | 0.0000 | 0.00 | 24.09 | 0.0133 | 0.0982 | 5.55 | - |
| Total | 0.0000 | 0.0779 | 0.3568 | |||||
| Fund name | Who is this fund for? |
|---|---|
| Investment objective | Investors who: |
| NBI Canadian Equity Private Portfolio | |
|
To provide long-term capital growth while focusing on the preservation of invested capital. The fund invests, directly or through investments in securities of other mutual funds, in a portfolio consisting primarily of common shares of Canadian companies. It is expected that investments in foreign securities will not exceed approximately 10 % of the fund's assets. |
|
| NBI Canadian High Conviction Equity Private Portfolio | |
|
To provide long-term capital growth. The fund invests, directly or through investments in securities of other mutual funds, in a portfolio that consists primarily of common shares of Canadian companies selected using a high conviction investment approach. It is expected that investments in foreign securities will not exceed approximately 10 % of the fund's assets. |
|
| NBI Sustainable Canadian Equity Fund | |
|
To provide long-term capital growth while following a sustainable approach to investing. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of Canadian companies. |
|
| NBI Active International Equity Fund | |
|
The NBI Active International Equity Fund’s investment objective is to provide long-term capital growth. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of common shares of international companies. |
|
| NBI Diversified Emerging Markets Equity Fund | |
|
To provide long-term capital growth. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of common shares of issues located in emerging markets. |
|
| NBI Global Small Cap Fund | |
|
The fund’s investment objective is to provide long-term capital appreciation by investing, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of small and medium capitalization companies located around the world. It is expected that investments in emerging market securities will not exceed approximately 20% of the fund’s net assets. |
|
| NBI International High Conviction Equity Private Portfolio | |
|
To provide long-term capital growth. The fund invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of common shares of companies located outside of North America selected using a high conviction investment approach. |
|
| NBI SmartData International Equity Fund | |
|
To provide long-term capital growth. This fund invests directly, or through investments in securities of other mutual funds, in a portfolio mainly composed of equities of foreign companies located outside North America and in American Depository Receipts (ADR) traded on recognized stock exchanges. |
|
| NBI Sustainable Global Equity Fund | |
|
To provide long-term capital growth while following a sustainable approach to investing. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of companies located around the world. |
|
| NBI Tactical Equity Private Portfolio | |
|
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. |
|
| NBI U.S. Equity Private Portfolio | |
|
To provide long-term capital growth. The fund invests, directly or through investments in securities of other mutual funds, in a diversified portfolio consisting primarily of common shares of U.S. companies. |
|
| NBI U.S. High Conviction Equity Private Portfolio | |
|
To provide long-term capital growth. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio consisting primarily of common shares of U.S. companies selected using a high conviction investment approach. |
|
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.
Disclosure
NBI Private Wealth Management is offered by National Bank Investments Inc., with National Bank Trust Inc. and Natcan Trust Company, subsidiaries of National Bank of Canada. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investment and the use of an asset allocation service (such as NBI Private Wealth Management). Please read the prospectus of the funds composing the NBI Private Wealth Management profiles before investing. The funds’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Investors must enter into an agreement with National Bank Investments Inc., which retains the services of National Bank Trust Inc. or Natcan Trust Company as portfolio managers, which gives them the authority to select, add or remove National Bank Mutual Funds composing the NBI Private Wealth Management profiles.