NBI GLOBAL SMALL CAP FUND (CAD) NBSC.CA

The NBI Global Small Cap Fund is an actively managed global equity fund whose objective is long-term capital appreciation through investment primarily in the equity securities and equity-related securities of small- and medium-capitalization companies around the world, including emerging markets (emerging market exposure expected not to exceed about 20 percent of net assets).

The strategy applies a quality and value-oriented framework. It focuses on companies that exhibit sustainable competitive advantages, strong management, sound balance sheets, attractive valuations, and consistent free cash flow generation, with long-term growth potential and capital preservation.

Stock selection is based on fundamental analysis, with the aim of building a globally diversified portfolio of high-quality small/mid cap firms. The fund is offered by National Bank Investments Inc., with PineStone Asset Management Inc. acting as portfolio sub-advisor.

It is structured as an investment fund/ETF vehicle under Canadian regulations. The fund's mandate allows it to invest directly or indirectly (including via other mutual funds) in global small- and mid-cap equities.