As at July 31, 2025

NDIV

NBI Canadian Dividend Income ETF

Investment Objective

The NBI Canadian Dividend Income ETF’s investment objective is to maximize the potential for long-term capital growth and to generate sustained dividend income. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of Canadian companies that pay dividends.

ETF Details

Ticker:

NDIV

Stock Exchange:

TSX

Currency:

CAD

CUSIP:

63946K100

Inception Date:

January 28, 2021

Management Fee:

0.55%

MER:

0.60%

Portfolio Manager:

National Bank Investments Inc.

Sub-Advisor:

Montrusco Bolton Investment Inc.

ETF Characteristics

Net Assets (M):

$15.1

Units Outstanding:

0.42

Market Price/Unit:

$36.07

Income Distributions

Distribution Frequency:

Monthly

Distribution Yield (%):

2.50%

Trailing Distribution Yield:

2.41%

Who is this ETF for?

Investors who:

  • are looking to invest for a long term (at least five years);
  • wish to receive dividend income.

Asset Mix (% of Net Assets)

Canadian Equity 90.93%
US Equity 5.70%
Income Trust Units 2.82%
Cash and Equivalents 0.55%
Sector Allocation %
Financial Services 34.07
Energy 17.10
Basic Materials 9.74
Technology 9.21
Industrial Services 8.55
Telecommunications 6.25
Real Estate 6.05
Consumer Services 3.43
Utilities 2.87
Other 1.49
Consumer Goods 1.24
Dividend Yield (Trailing Yield) 2.80
Last Distribution Per Share 0.08
Top Holdings %
Royal Bank of Canada 9.41
Toronto-Dominion Bank 6.54
Suncor Energy Inc 4.58
Microsoft Corp 4.46
Enbridge Inc 4.34
WSP Global Inc 4.17
Brookfield Asset Management Ltd Cl 3.93
Constellation Software Inc 3.79
Sun Life Financial Inc 3.79
Agnico Eagle Mines Ltd 3.74
Total of Top Holdings of the Fund
(% of Net Assets):
48.75
Total Number of Securities Held: 37

Calendar Returns (%)

YTD 2024 2023 2022 2021 2020 2019
9.90 17.74 9.37 -8.35 - - -

Annual Compound Returns (%)

1 M 3 M 6 M 1 Y 3 Y 5 Y 10 Y Incp.
0.39 7.41 6.33 15.81 10.83 - - 11.33

Disclosure

NBI ETFs are offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus or ETF Facts document(s) before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. NBI ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent NBI ETF returns. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated.