NBI ACTIVE U.S. EQUITY ETF (CAD, NUSA.F) NUSA.F.CA

The NBI Active U.S. Equity ETF seeks long-term capital growth by investing primarily in common shares of U.S. companies. It follows an active management strategy, not tracking a specific benchmark index.

The portfolio is constructed using a bottom-up, fundamental‐driven investment approach. It emphasizes growth-oriented companies with strong entry barriers and high‐quality management. A proprietary sustainability scorecard covering six pillars (Planet; People & Society; Governance; Productivity & Partnerships; Operations; Disclosure) is used to screen its investible universe.

Certain business lines are excluded from investment if they exceed revenue or operational thresholds relating to tobacco, thermal coal, or extraction of oil & gas in offshore Arctic regions. The fund's investments may include, besides common U.S. equity, preferred shares, ADRs/GDRs, rights and warrants, income trusts, and small exposure (generally less than 15%) to other investment funds including ETFs.

It is an equity class vehicle focused on U.S. markets. The issuer is National Bank Investments Inc.; the portfolio manager is National Bank Investments Inc., with sub-advisor Montrusco Bolton Investments Inc.