NBI Tactical Equity Private Portfolio

Investment Objective

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.

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):

$323.4

Price per Unit:

$16.29

Inception Date:

May 13, 2022

Value of $10,000 since inception:

$17,541

Benchmark Index:

MSCI World Index (CAD)

Management Fee:

0.60%

MER:

0.81%

Portfolio Manager:

National Bank Investments Inc.

Available Fund Codes:

F Series

NBC4083

Portfolio Asset Mix (% of Net Assets)

	United States	39.33%
	Canada	34.29%
	Asia/Pacific Rim	8.38%
	European Union	6.82%
	Other	6.13%
	Japan	2.40%
	Africa and Middle East	1.41%
	Latin America	1.24%

Sector Allocation	%
Technology	26.53
Financial Services	21.99
Consumer Goods & Services	12.34
Basic Materials	9.76
Industrial Goods & Services	9.27
Energy	7.23
Healthcare	5.40
Utilities	2.72
Real Estate	2.56
Telecommunications	1.72
Other	0.48

Dividend Yield (Trailing Yield)

1.76

Top Holdings	%
NVIDIA Corp	2.90
Apple Inc	2.49
Royal Bank of Canada	2.42
Microsoft Corp	2.06
Taiwan Semiconductor Manufactrg Co Ltd	1.66
Toronto-Dominion Bank	1.66
Shopify Inc Cl	1.63
Amazon.com Inc	1.50
Alphabet Inc Cl	1.27
SPDR S&P 500 ETF Trust (SPY)	1.20
Total of Top Holdings of the Fund (% of Net Assets):	18.79
Total Number of Securities Held:	3281

Calendar Returns (%)

YTD	2025	2024	2023	2022	2021	2020
1.94	19.61	23.98	15.58	-	-	-

Annualized Returns (%)

1 M	3 M	6 M	1 Y	3 Y	5 Y	10 Y	Incp.
1.94	2.71	13.97	17.37	18.10	-	-	16.38

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.