1. For Investor and R Series securities of all NBI Portfolios and F-2
Series securities of the NBI Balanced Portfolio.
2. The management fee reduction starting from $175,000 is 0.04% for
Investor-2 and R-2 Series securities of the NBI Moderate Portfolio and
0.10% for Investor-2 and R-2 Series securities of the NBI Equity Portfolio.
The information and the data supplied on the current page of this
site, including those supplied by third parties, are considered
accurate at the time of their publication and were obtained from
sources which we considered reliable. We reserve the right to modify
them without advance notice. This information and data are supplied as
informative content only. No representation or guarantee, explicit or
implicit, is made as for the exactness, the quality and the complete
character of this information and these data. The opinions expressed
are not to be construed as solicitation or offer to buy or sell shares
mentioned herein and should not be considered as recommendations.
The NBI Portfolios (the “Portfolios”) are offered by National Bank
Investments Inc. and sold by National Bank Savings and Investments
Inc., separate entities and indirect wholly owned subsidiaries of
National Bank of Canada. Commissions, trailing commissions, management
fees and expenses all may be associated with mutual fund investments.
Please read the prospectus of the Portfolios before investing. The
Portfolios’ securities are not insured by the Canada Deposit Insurance
Corporation or by any other government deposit insurer. The Portfolios
are not guaranteed, their values change frequently and past
performance may not be repeated.
The indicated rates of returns are based on the historical annual
compounded total returns including changes in securities value and
reinvestment of all distributions and do not take into account sales,
redemption, distribution or optional charges or income taxes payable
by any securityholder that would have reduced returns.
As part of the management fee reduction plan for high net worth
investors (the ""reduction plan""), certain
investors holding Investor and R Series of all the NBI Portfolios and
Investor-2, F-2 and R-2 Series securities of certain NBI Portfolios
may be eligible for a management fee reduction based on the size of
their investment in one or more of the NBI Portfolios.
The reduction plan only applies to the series of the NBI Portfolios
that are eligible. The amount equivalent to the management fee
reduction takes the form of a distribution, which is automatically
reinvested in additional securities of the same series of the
applicable NBI Portfolio. For more information about the reduction
plan, please see the NBI Portfolios prospectus.
The cash distribution amount per unit for the R Series and the R-2
Series of NBI Portfolios is said to be fixed as it does not vary from
one distribution to another. However, it is not guaranteed and may
vary according to market conditions. R Series units and R-2 Series
units of the NBI Portfolios pay monthly distributions made up of net
income and may include a significant portion of return of capital.
Return of capital actually decreases the value of your initial
investment and must not be confused with return on investment. Return
of capital that is not reinvested can reduce the net asset value of
the fund and may lessen its ability to subsequently generate income.
The monthly distribution amount per unit is reset at the start of each
calendar year.
® NATIONAL BANK INVESTMENTS is a registered trademark of National
Bank of Canada, used under licence by National Bank Investments Inc.
National Bank Investments is a signatory of the United
Nations-supported Principles for Responsible Investment, a member of
Canada’s Responsible Investment Association, and a founding
participant in the Climate Engagement Canada initiative.
