NBI Global Equity Fund

Investment Objective

To achieve long-term capital growth. It builds a diversified portfolio of common and preferred shares listed on recognized stock exchanges.

Fund Details

Investment horizon

At least 5 year

Fund volatility

Medium

Style: Growth, 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):

$1,559.3

Price per Unit:

$74.87

Inception Date:

March 1, 2005

Value of $10,000 over 10 years:

$41,633

Benchmark Index:

MSCI World

Management Fee:

MER:

0.02%

Portfolio Manager:

National Bank Investments Inc.

Sub-Advisor:

PineStone Asset Management Inc.

Portfolio Asset Mix (% of Net Assets)

	United States	60.83%
	European Union	16.17%
	Asia/Pacific Rim	11.06%
	Other European	7.70%
	Japan	4.11%
	Canada	0.13%

Sector Allocation	%
Technology	33.68
Consumer Goods & Services	26.87
Financial Services	16.87
Industrial Goods & Services	11.93
Healthcare	4.62
Basic Materials	4.54
Real Estate	1.49

Dividend Yield (Trailing Yield)

1.16

Top Holdings	%
Taiwan Semiconductor Manufactrg Co Ltd - ADR	11.06
Alphabet Inc Cl	9.61
ASML Holding NV	6.29
Moody's Corp	5.43
Mastercard Inc Cl	5.40
Microsoft Corp	4.38
Keyence Corp	4.11
Autozone Inc	4.10
InterContinental Hotels Group PLC	4.04
Cie Financiere Richemont SA	3.52
Total of Top Holdings of the Fund (% of Net Assets):	57.94
Total Number of Securities Held:	31

Calendar Returns (%)

YTD	2025	2024	2023	2022	2021	2020
11.84	10.73	22.64	17.71	-11.57	26.15	18.51

Annualized Returns (%)

1 M	3 M	6 M	1 Y	3 Y	5 Y	10 Y	Incp.
5.88	15.87	11.84	23.90	16.80	12.53	15.33	10.25

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.