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National Bank Investments
An actively managed International Developed equity fund: 32 stocks, 74% Europe, unhedged, for 0.75% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Actively managed global portfolio with a Europe tilt. Europe is the largest regional weight at 74.1%. Results reflected both that positioning and individual stock selection.
Top holding: Taiwan Semiconductor Manufacturing Co Ltd ADR 10.8% (tilted) · Top sector: Technology 31.6% (sector-tilted) · Top region: Europe 74.1% (region-tilted)
Technology 31.6%·Consumer Discretionary 21.0%·Financials 13.4%·Industrials 12.8%·Consumer Staples 11.9%·Other 4.8%·Other (locked) 4.3%
Europe 74.1%·Emerging Markets 12.2%·Japan 6.1%·Canada 3.9%·United States 2.7%·Other 1.0%
Source: fund provider disclosure.
The management fee was 0.75% a year, or about $75 for every $10,000 held. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
How durable the fund is, and what moved its price.
| Assets | $1M· net assets |
| Listed | 2025· 0 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | NBIE.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-unhedged |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Broad Market |
| Geography | International Developed |
| Provider | National Bank Investments |
| Mgmt fee | 0.75% |
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Prices as of last close.
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