NBI Canadian Equity Index Fund

Investment Objective

The fund's investment objective is to ensure long-term capital growth by replicating the performance of the Morningstar® Canada Index**, an index of large Canadian companies in terms of market capitalization. To do this, the fund invests directly, or indirectly through investments in securities of other mutual funds or through the use of derivatives, in a portfolio composed mainly of shares of Canadian companies.

Fund Details

Investment horizon

At least 5 year

Fund volatility

Medium

Minimum Initial Investment:

$500

Subsequent Investment:

$50

Systematic Investment:

$25

Distribution Frequency:

Annually

Assets Under Management ($M):

$884.1

Price per Unit:

$16.82

Inception Date:

May 12, 2021

Value of $10,000 since inception:

$18,192

Benchmark Index:

Morningstar® Canada Index

Management Fee:

0.30%

MER:

0.48%

Portfolio Manager:

National Bank Investments Inc.

Available Fund Codes:

Investor Series

NBC353

Portfolio Asset Mix (% of Net Assets)

	Canadian Equity	98.42%
	Income Trust Units	0.64%
	US Equity	0.59%
	International Equity	0.23%
	Cash and Equivalents	0.12%

Sector Allocation	%
Financial Services	33.53
Basic Materials	17.66
Energy	13.82
Technology	11.54
Industrial Goods & Services	9.00
Consumer Goods & Services	6.77
Utilities	3.38
Real Estate	2.80
Telecommunications	1.16
Other	0.18
Healthcare	0.16

Dividend Yield (Trailing Yield)

2.17

Top Holdings	%
Shopify Inc Cl	6.98
Royal Bank of Canada	6.85
Toronto-Dominion Bank	4.69
Enbridge Inc	3.37
Bank of Montreal	2.97
Brookfield Corp Cl	2.87
Bank of Nova Scotia	2.71
Agnico Eagle Mines Ltd	2.67
Canadian Imperial Bank of Commerce	2.57
Canadian Pacific Kansas City Ltd	2.19
Total of Top Holdings of the Fund (% of Net Assets):	37.87
Total Number of Securities Held:	207

Calendar Returns (%)

YTD	2024	2023	2022	2021	2020	2019
24.96	22.28	11.73	-5.13	-	-	-

Annualized Returns (%)

1 M	3 M	6 M	1 Y	3 Y	5 Y	10 Y	Incp.
0.89	11.61	23.04	29.16	19.72	-	-	14.32

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.