As at October 31, 2025

NBQC

NBI Quebec Growth Fund - ETF Series

Investment Objective

To ensure long-term capital growth. The fund primarily invests in equity securities of corporations whose head office is in Quebec or who do a substantial part of their business in Quebec. It invests in many sectors of the Quebec economy.

ETF Details

Ticker:

NBQC

Stock Exchange:

TSX

Currency:

CAD

CUSIP:

638956102

Inception Date:

September 16, 2025

Management Fee:

0.75%

Portfolio Manager:

National Bank Investments Inc.

Sub-Advisor:

Montrusco Bolton Investment Inc.

ETF Characteristics

Net Assets (M):

$835.4

Units Outstanding:

83.73

Market Price/Unit:

$9.98

Income Distributions

Distribution Frequency:

Yearly

Distribution Yield (%):

-

Trailing Distribution Yield:

-

Who is this ETF for?

Investors who:

  • are looking to invest for the long term (at least 5 years);
  • are seeking to participate in Quebec’s economic growth within a diversified portfolio.

Asset Mix (% of Net Assets)

Canadian Equity 89.25%
US Equity 8.45%
International Equity 2.07%
Income Trust Units 0.23%
Sector Allocation %
Consumer Services 15.75
Financial Services 15.39
Real Estate 15.32
Consumer Goods 12.07
Industrial Services 11.72
Industrial Goods 10.65
Technology 8.09
Basic Materials 7.65
Energy 2.76
Telecommunications 0.50
Other 0.10
Dividend Yield (Trailing Yield) 1.15
Last Distribution Per Share -
Top Holdings %
Richelieu Hardware Ltd 4.55
Bombardier Inc Cl 4.38
National Bank of Canada 4.36
WSP Global Inc 4.35
Alimentation Couche-Tard Inc 4.22
iA Financial Corp Inc 4.19
Atkinsrealis Group Inc 4.10
Dollarama Inc 3.91
Savaria Corp 3.75
CGI Inc Cl 3.67
Total of Top Holdings of the Fund
(% of Net Assets):		 41.48
Total Number of Securities Held: 48
Geographic Allocation %
Canada 89.48
United States 8.45
Australia 2.07

Calendar Returns (%)

YTD 2024 2023 2022 2021 2020 2019
- - - - - - -

Annual Compound Returns (%)

Regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

1 M 3 M 6 M 1 Y 3 Y 5 Y 10 Y Incp.
- - - - - - - -

As at October 31, 2025

NBQC

NBI Quebec Growth Fund - ETF Series

Disclosure

NBI ETFs are offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus or ETF Facts document(s) before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. NBI ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent NBI ETF returns. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated.