National Bank Investments Announces the Annual Reinvested Distribution Amounts for Its NBI Exchange-Traded Funds

Montreal, December 20, 2023 – National Bank Investments Inc. (‟NBI”) announced today the annual reinvested capital gains and/or net income distribution amounts (the “reinvested distributions”) to be paid for 2023 to unitholders of NBI exchange-traded funds (‟NBI ETFs”), as indicated in the table below.

Unitholders of record on December 29, 2023, will receive the reinvested distributions on January 5, 2024. These distributions will be reinvested, and the resulting units will be immediately consolidated. The number of units held by each investor will not change but the adjusted cost base of the units will increase according to the amounts reinvested. Investors holding their units outside of registered plans will therefore have taxable amounts to report.

These amounts are for the reinvested distributions only and do not include the ongoing periodic cash distributions which are the subject of a separate press release.

The following is a list of all NBI ETFs and the amounts of per-unit reinvested distributions:

ETF Name	Ticker Symbol (TSX)	Reinvested Distribution Per Unit
NBI Canadian Family Business ETF	NFAM	$0.0000
NBI Liquid Alternatives ETF	NALT	$0.0000
NBI Global Real Assets Income ETF	NREA	$0.1235
NBI Active Canadian Preferred Shares ETF	NPRF	$0.0000
NBI Unconstrained Fixed Income ETF	NUBF	$0.0000
NBI High Yield Bond ETF	NHYB	$0.0000
NBI Sustainable Canadian Bond ETF	NSCB	$0.0000
NBI Sustainable Canadian Equity ETF	NSCE	$0.0000
NBI Sustainable Global Equity ETF	NSGE	$0.0000
NBI Global Private Equity ETF	NGPE	$0.5129
NBI Sustainable Canadian Corporate Bond ETF	NSCC	$0.0000
NBI Active U.S. Equity ETF	NUSA	$1.5184
NBI Active International Equity ETF	NINT	$0.0599
NBI Sustainable Canadian Short Term Bond ETF	NSSB	$0.0000
NBI Canadian Dividend Income ETF	NDIV	$0.0000

ETF Name	NBI Canadian Family Business ETF
Ticker Symbol (TSX)	NFAM
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Liquid Alternatives ETF
Ticker Symbol (TSX)	NALT
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Global Real Assets Income ETF
Ticker Symbol (TSX)	NREA
Reinvested Distribution Per Unit	$0.1235

ETF Name	NBI Active Canadian Preferred Shares ETF
Ticker Symbol (TSX)	NPRF
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Unconstrained Fixed Income ETF
Ticker Symbol (TSX)	NUBF
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI High Yield Bond ETF
Ticker Symbol (TSX)	NHYB
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Sustainable Canadian Bond ETF
Ticker Symbol (TSX)	NSCB
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Sustainable Canadian Equity ETF
Ticker Symbol (TSX)	NSCE
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Sustainable Global Equity ETF
Ticker Symbol (TSX)	NSGE
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Global Private Equity ETF
Ticker Symbol (TSX)	NGPE
Reinvested Distribution Per Unit	$0.5129

ETF Name	NBI Sustainable Canadian Corporate Bond ETF
Ticker Symbol (TSX)	NSCC
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Active U.S. Equity ETF
Ticker Symbol (TSX)	NUSA
Reinvested Distribution Per Unit	$1.5184

ETF Name	NBI Active International Equity ETF
Ticker Symbol (TSX)	NINT
Reinvested Distribution Per Unit	$0.0599

ETF Name	NBI Sustainable Canadian Short Term Bond ETF
Ticker Symbol (TSX)	NSSB
Reinvested Distribution Per Unit	$0.0000

ETF Name	NBI Canadian Dividend Income ETF
Ticker Symbol (TSX)	NDIV
Reinvested Distribution Per Unit	$0.0000

About NBI ETFs

NBI ETFs are offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Management fees, brokerage fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus or ETF Facts document before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.

About National Bank Investments Inc.

National Bank Investments Inc. (“NBI”) is an investment funds management firm committed to manufacturing and offering mutual funds, investment solutions and services designed to help Canadian investors pursue their financial goals. As at September 30, 2023, assets under management in NBI products were valued at over $78.31 billion.

Guided by an open architecture strategy, NBI is dedicated to providing diverse solutions to meet the evolving needs of its clients. NBI consistently strives to be recognized as a key partner by combining innovation and excellence. NBI’s role is not limited to administrative aspects of management; NBI Advisory Services and its registered representatives form a team of specialists who provide information and advice to help advisors build portfolios adapted to their clients’ financial needs. Follow NBI’s activities at nbinvestments.ca or via social media such as YouTube and LinkedIn.

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.

About National Bank of Canada

With $424 billion in assets as at October 31, 2023, National Bank of Canada, together with its subsidiaries, forms one of Canada’s leading integrated financial groups. The Bank has approximately 30,000 employees in knowledge-intensive positions and has been recognized numerous times as a top employer and for its commitment to diversity. Its securities are listed on the Toronto Stock Exchange (TSX: NA). Follow the Bank’s activities at nbc.ca or via social media.

Information:

Alexandre Guay
Senior Advisor, Public Affairs
National Bank of Canada
Tel.: 514-412-5125
alexandre.guay@nbc.ca