National Bank Investments Wins Ten Fundata FundGrade A+^® Awards

National Bank Investments Inc. (‟NBI”) won ten awards at the Fundata 2022 FundGrade A+^® Awards ceremony held on January 26, 2023. These awards recognize Canadian investment funds that have maintained an exceptional performance rating over the entire previous calendar year.

NBI was recognized for the superior performance of these investment solutions in their respective categories:

FundGrade A+^® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+^® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+^® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+^® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+^® Award. For more information, see https://www.fundgradeawards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

• Performance for the NBI Diversified Emerging Markets Equity Fund (Advisor Series) for the period ended December 31, 2022, is as follows: -17.19% (1 year), 3.22% (3 years), - (5 years), and - (10 years). 
• Performance for the NBI International High Conviction Equity Private Portfolio (Advisor Series) for the period ended December 31, 2022, is as follows: -15.26% (1 year), -1.44% (2 years), 4.09% (3 years), and - (5 years). 
• Performance for the NBI U.S. Equity Private Portfolio (Advisor Series) for the period ended December 31, 2022, is as follows: -13.12% (1 year), 7.89% (2 years), 13.58% (3 years), and - (5 years). 
• Performance for the NBI U.S. High Conviction Equity Private Portfolio (Advisor Series) for the period ended December 31, 2022, is as follows: -10.54% (1 year), 8.12% (2 years), 11.35% (3 years), and - (5 years). 
• Performance for the NBI Global Equity Fund (Advisor Series) for the period ended December 31, 2022, is as follows: -13.93% (1 year), 6.93% (3 years), 9.26% (5 years), and 12.85% (10 years). 
• Performance for the NBI Quebec Growth Fund (Advisor Series) for the period ended December 31, 2022, is as follows: -6.41% (1 year), 8.20% (3 years), 6.62% (5 years), and 12.50% (10 years). 
• Performance for the NBI U.S. Equity Fund (Advisor Series) for the period ended December 31, 2022, is as follows: -10.95% (1 year), 10.87% (3 years), 12.83% (5 years), and 16.81% (10 years). 
• Performance for the NBI Growth Portfolio (Advisor Series) for the period ended December 31, 2022, is as follows: -12.70% (1 year), 3.94% (3 years), 4.33% (5 years), and - (10 years). 
• Performance for the NBI Liquid Alternatives ETF (NALT) for the period ended December 31, 2022, is as follows: 8.58% (1 year), 8.55% (3 years), - (5 years), and - (10 years). 
• Performance for the NBI Unconstrained Fixed Income ETF (NUBF) for the period ended December 31, 2022, is as follows: -6.97% (1 year), -0.13% (3 years), - (5 years), and - (10 years).