As at October 31, 2025

NCPB

NBI Canadian Core Plus Bond Fund - ETF Series

Investment Objective

To provide a high level of income and sustained capital growth. The fund invests, directly or indirectly through investments in securities of other mutual funds or by using derivatives, in a diversified portfolio composed mainly of fixed-income securities of Canadian issuers with various maturities and credit ratings.

ETF Details

Ticker:

NCPB

Stock Exchange:

TSX

Currency:

CAD

CUSIP:

638954107

Inception Date:

September 16, 2025

Management Fee:

0.45%

Portfolio Manager:

National Bank Investments Inc.

Sub-Advisor:

AlphaFixe Capital Inc.

ETF Characteristics

Net Assets (M):

$781.4

Units Outstanding:

77.61

Market Price/Unit:

$10.07

Income Distributions

Distribution Frequency:

Monthly

Distribution Yield (%):

2.38%

Trailing Distribution Yield:

0.24%

Who is this ETF for?

Investors who:

  • are looking to invest for the short and medium term (at least one year);
  • want to receive interest income regularly;
  • wish to add a source of interest income to your portfolio;

Asset Mix (% of Net Assets)

Canadian Government Bonds 56.09%
Canadian Corporate Bonds 30.78%
Cash and Equivalents 11.17%
Foreign Corporate Bonds 1.86%
Foreign Bonds - Other 0.10%
Average Duration (Years) -
Average Maturity (Years) -
Gross Yield to Maturity (%)1 -
Gross Current Yield (%)2 3.54
Last Distribution Per Share 0.02
Top Holdings %
Canada Government 1.50% 01-Jun-2026 4.48
Canada Government 1.50% 01-Dec-2031 3.52
Canada Housing Trust No 1 1.10% 15-Mar-2031 2.86
Canada Government 3.25% 01-Jun-2035 2.50
Ontario Province 4.10% 04-Mar-2033 2.36
Ontario Province 3.65% 03-Feb-2034 2.28
Canada Government 3.50% 01-Mar-2028 2.11
Ontario Province 4.15% 02-Dec-2054 1.99
Canada Housing Trust No 1 3.55% 15-Sep-2032 1.83
Quebec Province 4.40% 01-Dec-2055 1.79
Total of Top Holdings of the Fund
(% of Net Assets):		 25.72
Total Number of Securities Held: 264

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.
- - - - - - - -

¹The rate of return anticipated on a bond if it is held until the maturity date expressed as an annual rate. It is assumed that all coupons are reinvested at the same rate.

²Annual income paid by a bond or a stock, expressed as a percentage of its current market price. It does not include any capital gains or losses that may be realized upon maturity.

As at October 31, 2025

NCPB

NBI Canadian Core Plus Bond 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.