National Bank Investments recognized at the 2021 Lipper Fund Awards

National Bank Investments Inc. (“NBI”) was recognized for Best fund at the 2021 Refinitiv Lipper Fund Awards.

The Lipper Fund Awards honour funds and fund families that have excelled in delivering strong risk-adjusted performance relative to their peers.

NBI was recognized for the following:

NBI Preferred Equity Income Fund – F Series, Best Mutual Fund in the Preferred Shares Fixed Income space over three year.

For more information, please visit https://www.nbinvestments.ca/products/nbi-funds/preferred-equity-income-fund.html.

NBI Preferred Equity Income Fund (F Series) was awarded the 2021 Lipper Fund Award in the Preferred Shares Fixed Income category for the three-year period (out of a total of 10 funds) ending July 31, 2021. Data is aggregated until the end of July of any given year and results are published in November of that year. Performance for the NBI Preferred Equity Income Fund (F Series) for the period ended October 31, 2021 is as follows: 38.02% (1 year), 10.33% (3 years), 9.22% (5 years), and 5.38% (10 years).

The Lipper Fund Awards are part of the Thompson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards and the StarMine Analyst Awards. For more information, please contact markets.awards@thomsonreuters.com or visit excellence.thomsonreuters.com.

The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Returns, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Returns and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see www.lipperweb.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

The information and the data supplied in the present document, including those supplied by third parties, are considered accurate at the time of their printing 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.

NBI Funds (the "Funds") are offered by National Bank Investments Inc. a wholly owned subsidiary of National Bank of Canada. Commissions, trailing commissions, management fees and expenses all may be associated with an investment in the Funds. Please read the prospectus of the Funds before investing.

The indicated rates of return 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.

The Fund’s securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The Fund is not guaranteed, its value changes frequently and past performance may not be repeated.

® NATIONAL BANK INVESTMENTS is a registered trademark of National Bank of Canada, used under license by National Bank Investments Inc.

National Bank Investments is a member of Canada’s Responsible Investment Association and a signatory of the United Nations-supported Principles for Responsible Investment.