As at October 31, 2025

NBI Multiple Asset Class Private Portfolio

Advisor Series

Category: Global Equity Balanced

Investment Objective

To produce long-term capital appreciation by investing primarily in exchange-traded funds that invest in Canadian or foreign fixed-income and equity securities.

Fund Details

Investment horizon

At least 3 years

Fund volatility

Low to Medium

Style: Blend, , Market cap: Large

Minimum Initial Investment:

$500

Subsequent Investment:

$50

Systematic Investment:

$25

Distribution Frequency:

Quarterly

Assets Under Management ($M):

$158.1

Price per Unit:

$14.15

Inception Date:

July 14, 2015

Value of $10,000 over 10 years:

$17,036

Benchmark Index:

Morningstar Canada Liquid Bond TR CAD (40%)

Morningstar US Large Cap TR CAD (24%)

Morningstar Canada Large-Mid GR CAD (18%)

Morningstar Developped Markets ex North America GR CAD (12%)

Morningstar Emerging Markets Large-Mid GR CAD (6%)

Management Fee:

1.32%

MER:

1.72%

Portfolio Manager:

National Bank Investments Inc.

Available Fund Codes:

Advisor Series
Initial Sales Charge NBC4235
F Series NBC4035
F5 Series NBC4135
T5 Series
Initial Sales Charge NBC4335

Portfolio Asset Mix (% of Net Assets)

Domestic Bonds 28.85%
US Equity 22.94%
International Equity 22.11%
Canadian Equity 19.00%
Foreign Bonds 5.52%
Other 1.21%
Income Trust Units 0.37%
Sector Allocation %
Financial Services 22.13
Technology 21.90
Consumer Goods & Services 13.45
Basic Materials 9.93
Industrial Goods & Services 9.90
Healthcare 6.02
Energy 5.90
Real Estate 3.53
Utilities 2.53
Other 2.45
Telecommunications 2.26
Dividend Yield (Trailing Yield) 2.09
Top Holdings %
iShares Core Canadian Universe Bond Idx ETF (XBB) 22.12
BMO S&P 500 Index ETF (ZSP) 14.07
BMO S&P/TSX Capped Composite Index ETF (ZCN) 10.73
iShares Core MSCI EAFE ETF (IEFA) 10.56
CI MStar Canada Moment Indx ETF (WXM) 5.25
BMO MSCI USA High Quality Index ETF (ZUQ) 4.71
Schwab amental EM Large Co Index ETF (FNDE) 4.68
Invesco S&P 500 Eql Wght ETF (RSP) 4.57
BMO Corporate Bond Index ETF (ZCB) 3.99
iShares Core MSCI Emerging Markets ETF (IEMG) 3.49
Total of Top Holdings of the Fund
(% of Net Assets):
84.17
Total Number of Securities Held: 18

Calendar Returns (%)

YTD 2024 2023 2022 2021 2020 2019
12.07 12.20 10.04 -10.69 10.00 6.24 11.24

Annualized Returns (%)

1 M 3 M 6 M 1 Y 3 Y 5 Y 10 Y Incp.
1.45 7.64 13.51 13.89 12.13 7.87 5.47 4.96

As at October 31, 2025

NBI Multiple Asset Class Private Portfolio

Advisor Series

Category: Global Equity Balanced

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.