NBI Active Global Equity Fund

Investment Objective

The NBI Active Global Equity Fund's investment objective is to provide long-term capital growth. The fund invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio, composed mainly of common shares of companies located around the world.

Fund Details

Investment horizon

At least 5 year

Fund volatility

Medium

Style: Growth, Sector Deviation: Moderate, Market cap: MidLarge

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

Minimum Initial Investment:

$500

Subsequent Investment:

$50

Systematic Investment:

$25

Distribution Frequency:

Annually

Assets Under Management ($M):

$121.6

Price per Unit:

$14.33

Inception Date:

November 23, 2022

Value of $10,000 since inception:

$16,312

Benchmark Index:

MSCI World Index ($CAD - Unhedged) - Net Return

Management Fee:

0.65%

MER:

0.91%

Portfolio Manager:

National Bank Investments Inc.

Sub-Advisor:

Montrusco Bolton Investments Inc.

Available Fund Codes:

Advisor Series
Initial Sales Charge	NBC5440
F Series	NBC5740
O Series	NBC9140

Portfolio Asset Mix (% of Net Assets)

	United States	69.48%
	European Union	14.66%
	Japan	5.38%
	Asia/Pacific Rim	4.00%
	Canada	3.58%
	Other European	1.96%
	Latin America	0.94%

Sector Allocation	%
Technology	40.07
Financial Services	15.42
Consumer Goods & Services	15.12
Healthcare	8.77
Industrial Goods & Services	7.04
Energy	6.38
Real Estate	4.25
Basic Materials	2.95

Dividend Yield (Trailing Yield)

0.93

Top Holdings	%
NVIDIA Corp	8.62
Microsoft Corp	5.94
Alphabet Inc Cl	5.89
Amazon.com Inc	5.31
Taiwan Semiconductor Manufactrg Co Ltd - ADR	4.00
Valero Energy Corp	3.90
JPMorgan Chase & Co	3.73
Monster Beverage Corp	3.57
Meta Platforms Inc Cl	3.38
Danaher Corp	3.15
Total of Top Holdings of the Fund (% of Net Assets):	47.49
Total Number of Securities Held:	39

Calendar Returns (%)

YTD	2025	2024	2023	2022	2021	2020
4.16	7.10	16.54	23.84	-	-	-

Annualized Returns (%)

1 M	3 M	6 M	1 Y	3 Y	5 Y	10 Y	Incp.
3.64	6.39	2.98	10.92	13.08	-	-	14.91

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.