As at October 31, 2025

NSDI.F

NBI SmartData International Equity Fund - ETFH Series

Investment Objective

To provide long-term capital growth. This fund invests directly, or through investments in securities of other mutual funds, in a portfolio mainly composed of equities of foreign companies located outside North America and in American Depository Receipts (ADR) traded on recognized stock exchanges.

ETF Details

Ticker:

NSDI.F

Stock Exchange:

TSX

Currency:

CAD

CUSIP:

638958207

Inception Date:

September 16, 2025

Management Fee:

0.40%

Portfolio Manager:

Goldman Sachs Asset Mngt, L.P.

Sub-Advisor:

-

ETF Characteristics

Net Assets (M):

$2,581.6

Units Outstanding:

246.71

Market Price/Unit:

$10.46

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 looking to diversify their investments through exposure to international markets;
  • are seeking to minimize their exposure to foreign currency fluctuations against the Canadian dollar.

Asset Mix (% of Net Assets)

International Equity 97.42%
Cash and Equivalents 2.17%
Income Trust Units 0.29%
US Equity 0.12%
Sector Allocation %
Financial Services 22.21
Industrial Goods 15.49
Consumer Goods 12.67
Healthcare 11.56
Technology 9.47
Other 7.47
Basic Materials 6.11
Consumer Services 4.23
Energy 3.93
Real Estate 3.54
Industrial Services 3.32
Dividend Yield (Trailing Yield) 2.90
Last Distribution Per Share -
Top Holdings %
ASML Holding NV 2.48
Nestle SA Cl N 1.70
Roche Holding AG - Partcptn 1.64
Novartis AG Cl N 1.62
Siemens AG Cl N 1.52
Allianz SE 1.51
AstraZeneca PLC - ADR 1.44
Abb Ltd Cl N 1.32
L'Air Liquide SA 1.23
HSBC Holdings PLC 1.16
Total of Top Holdings of the Fund
(% of Net Assets):		 15.62
Total Number of Securities Held: 436
Geographic Allocation %
Japan 23.23
United Kingdom 13.12
Other 12.02
France 11.95
Switzerland 10.71
Germany 10.33
Australia 6.00
Netherlands 4.79
Sweden 3.66
Canada 2.17
Spain 2.02

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

NSDI.F

NBI SmartData International Equity Fund - ETFH 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.