As at October 31, 2025

NREA

NBI Global Real Assets Income - ETF Series

Investment Objective

To provide income and long-term capital growth while focusing on hedging against inflation. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of common shares of companies located around the world in industry sectors associated with real assets.

ETF Details

Ticker:

NREA

Stock Exchange:

TSX

Currency:

CAD

CUSIP:

63946M106

Inception Date:

August 8, 2025

Management Fee:

0.70%

Portfolio Manager:

National Bank Investments Inc.

Sub-Advisor:

Nuveen Asset Management, LLC

ETF Characteristics

Net Assets (M):

$1,584.1

Units Outstanding:

62.48

Market Price/Unit:

$25.35

Income Distributions

Distribution Frequency:

Monthly

Distribution Yield (%):

-

Trailing Distribution Yield:

-

Who is this ETF for?

Investors who:

  • are looking to invest for the long term (at least five years);
  • wish to get exposure to global real asset markets;
  • are looking for an active portfolio management that differs from market indices.

Asset Mix (% of Net Assets)

US Equity 54.75%
International Equity 33.72%
Canadian Equity 6.73%
Income Trust Units 3.50%
Cash and Equivalents 1.30%
Sector Allocation %
Utilities 51.55
Industrial Services 26.44
Energy 16.53
Real Estate 1.86
Technology 1.41
Cash and Cash Equivalent 1.30
Telecommunications 0.62
Mutual Fund 0.18
Other 0.11
Dividend Yield (Trailing Yield) 3.35
Last Distribution Per Share -
Top Holdings %
Xcel Energy Inc 6.51
Nextera Energy Inc 6.08
Entergy Corp 5.43
Sempra Energy 4.79
Aena SME SA 4.41
Williams Cos Inc 3.45
Enel SpA 3.16
Enbridge Inc 2.88
Iberdrola SA 2.87
Transurban Group - Units 2.83
Total of Top Holdings of the Fund
(% of Net Assets):
42.41
Total Number of Securities Held: 78
Geographic Allocation %
United States 54.76
Canada 8.03
Spain 7.99
Australia 5.55
Mexico 4.23
France 4.21
United Kingdom 4.19
Germany 3.39
Italy 3.33
Other 2.67
New Zealand 1.65

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

NREA

NBI Global Real Assets Income - 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.