NBI Global Small Cap Fund

Tap into the potential of first-rate smaller companies

Sub-advised by PineStone Asset Management Inc.

Investment overview

First-rate companies come in an array of sizes. The Fund invests on a global scale in a diversified portfolio of high-quality small- and mid-cap stocks to benefit from the growth opportunities they offer while reducing risk through increased diversification. The strategy focuses on the following quality factors: 

  • Sustainable competitive advantages 
  • Proven track record 
  • Management quality 
  • Balance sheet strength 
  • Attractive valuation 

Key differentiators

The portfolio management team seeks to identify stocks that can:  

  • Generate a sustainable and strong return on invested capital (ROIC)
  • Provide ample long-term growth potential with incrementally higher ROIC
  • Generate strong and predictable free cash flows
  • Consistently compound shareholder wealth over time
  • Preserve capital

The investment philosophy rests on four pillars: 

  • Picking high-quality companies at attractive valuations
  • Developing a deep understanding of these companies and holding them for the long run
  • Reallocating capital appropriately based on conviction and risk/return potential
  • Applying methodically this investment philosophy

Why invest in this Fund?

The Fund offers investors looking to capture the untapped growth potential of small- and mid-cap stocks exposure to a carefully selected and globally diversified portfolio of promising companies set to generate attractive returns over the long term as they mature.

About the portfolio managers

Thomas Horvath Portrait

Thomas Horvath serves as PineStone’s Lead Portfolio Manager for the Global Small Cap Strategy and was a founding member of the Global Equity Team.

Learn more

Nadim Rizk Portrait

We have long held the belief that our team and process hold the potential to create value for investors in the global small-cap markets. This is why we are thrilled to announce the launch of our Global Small Cap strategy in partnership with National Bank Investments.

—Nadim Rizk, CEO and CIO of PineStone Asset Management Inc.

Fund codes

Advisor Series

H Series

F Series

FH Series

NBC5456

NBC5156

NBC5756

NBC5056

Other NBI Funds sub-advised by PineStone Asset Management Inc.

Questions?