NBI GROWTH ETF PORTFOLIO (CAD) NGRW.CA

The NBI Growth ETF Portfolio, managed by National Bank Investments Inc., aims to deliver long-term capital appreciation and some current income. To do this, the portfolio invests primarily in a diverse mix of exchange-traded funds (ETFs) and in ETF series of mutual funds that provide exposure to both equity and fixed-income securities.

Under normal market conditions, the fund targets between 67.50% and 92.50% of its assets in Canadian and global equities, with the remaining 7.50% to 32.50% in Canadian and global fixed-income securities.

The manager may adjust these ranges based on economic and market conditions. The fund may invest up to 20% of its net assets in emerging market securities, and up to 100% of its equity and fixed-income securities can be foreign-located.

It may also select underlying funds that follow responsible investment approaches and be managed by signatories to the Principles for Responsible Investment. Underlying securities may include small-cap and emerging-market exposure.

This is a global equity-balanced strategy implemented through the ETF vehicle type, trading on the Toronto Stock Exchange as part of the NBI ETF Portfolios suite. The management fee is 0.35% per annum, and the fund is part of a family of diversified ETF portfolios by National Bank Investments.