NBI SmartData U.S. Equity Fund

Investment Objective

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 U.S. companies.

Fund Details

Investment horizon

At least 5 year

Fund volatility

Medium

Style: Blend, Sector Deviation: Wide, Market cap: Large

Style	Sector Deviation	Market Capitalization
Value	Minimal	Small
Blend	Moderate	Mid
Growth	Wide	Large

Minimum Initial Investment:

Subsequent Investment:

Systematic Investment:

Distribution Frequency:

Annually

Assets Under Management ($M):

$1,576.8

Price per Unit:

$21.39

Inception Date:

April 28, 2017

Value of $10,000 since inception:

$31,835

Benchmark Index:

S&P 500 (CAD)

Management Fee:

MER:

0.02%

Portfolio Manager:

Goldman Sachs Asset Mngt, L.P.

Portfolio Asset Mix (% of Net Assets)

	US Equity	97.49%
	International Equity	1.34%
	Cash and Equivalents	1.17%

Sector Allocation	%
Technology	43.57
Consumer Goods & Services	16.55
Financial Services	12.45
Healthcare	9.77
Industrial Goods & Services	7.03
Real Estate	3.89
Basic Materials	2.64
Energy	1.72
Telecommunications	1.27
Utilities	1.11

Dividend Yield (Trailing Yield)

1.06

Top Holdings	%
NVIDIA Corp	8.83
Microsoft Corp	7.08
Apple Inc	6.66
Amazon.com Inc	4.22
Broadcom Inc	3.51
Alphabet Inc Cl C	2.83
Meta Platforms Inc Cl	2.42
Tesla Inc	2.38
Alphabet Inc Cl	1.85
Berkshire Hathaway Inc Cl B	1.37
Total of Top Holdings of the Fund (% of Net Assets):	41.15
Total Number of Securities Held:	193

Geographic Allocation	%
United States	97.49
European Union	1.26
Canada	1.17
Latin America	0.08

Calendar Returns (%)

YTD	2024	2023	2022	2021	2020	2019
13.17	38.32	23.73	-12.02	28.83	16.31	21.82

Annualized Returns (%)

1 M	3 M	6 M	1 Y	3 Y	5 Y	10 Y	Incp.
3.43	10.83	25.90	21.60	23.84	19.21	-	15.80

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.