NBI SmartData International Equity Fund
Invest now ETF Series: NSDI | F Series: NBC791
Performance 1 year
33.10%
3 years
22.15%
5 years
14.43%
10 years
10.47%
Net of fees return for F Series as of February 28, 2026 | Management fee: 0.40%
Portfolio management by our world-renowned partner
Data is exploding, and the vast majority remains untapped. Artificial intelligence (AI) is without a doubt outperforming the human brain in terms of processing speed and pattern detection. Here's what it can do:
High-quality business models
Pinpoint companies that are growing in revenue, likely to beat expectations and have prudent management in place.
Fundamental mispricings
Identify companies priced attractively relative to peers and their own history.
Market sentiment analysis
Detect the sentiment that the most important market players hold with respect to the companies in our investment universe.
Themes and trends
Uncover thematic relationships between companies in order to determine which are being favoured or challenged in the current market environment.
No one controls the market. However, you have the power to expose yourself to a strategy whose performance has stood the test of time. Here's what a $10,000 investment at the Fund's inception would be worth today compared to the MSCI EAFE benchmark index (CAD).
1 year |
3 years |
5 years |
10 years |
|
|---|---|---|---|---|
NBI SmartData International Equity Fund |
33.10% |
22.15% |
14.43% |
10.47% |
MSCI EAFE Index |
27.47% |
18.84% |
12.45% |
10.33% |
NBI SmartData International Equity Fund |
|
|---|---|
1 year |
33.10% |
3 years |
22.15% |
5 years |
14.43% |
10 years |
10.47% |
MSCI EAFE Index |
|
|---|---|
1 year |
27.47% |
3 years |
18.84% |
5 years |
12.45% |
10 years |
10.33% |
NBI SmartData International Equity Fund F series and MSCI EAFE Index performance as of February 28, 2026
Goldman Sachs created its Quantitative Investment Strategies Equity Alpha team to harness the power of AI. It leverages Natural Language Processing (NLP) techniques and advanced transformer technology within deep learning models to analyze text and audio.
Extensive experience
Powerful infrastructure
Unmatched knowledge
A series is a category of units within the same mutual fund.
Self-directed investors generally have access to the F and ETF series.
An ETF series is a category of units of an existing mutual fund, but it trades on an exchange like a traditional ETF. In other words, instead of buying units directly from the manager at the net asset value, as with a classic mutual fund, you can buy and sell these units in real time on the markets, using a ticker symbol, just like a stock.
The ticker symbol for the NBI SmartData International Equity Fund is NSDI.
Yes, generally speaking, F-series and ETF series have very similar performance because their strategy and portfolio are identical. The differences mainly come from brokerage fees, if you have any, and minor price fluctuations in the market.
Yes, that’s completely normal. Here’s why: The ETF series of the NBI SmartData International Equity Fund was created on September 16, 2025. Under current regulations, the fund’s performance can only be shown one year after its creation. However, the F series of the same fund was created on May 16, 2008. That’s why performance data is available for the F series.
This can give you an estimate of the expected performance for the ETF series.
It's our NBI open architecture model that allows us to select the firm Goldman Sachs Asset Management to manage the NBI SmartData International Equity Fund.
Watch NBI President Éric-Olivier Savoie explain how we partner with the world's best portfolio managers to serve you.
At National Bank Investments, we believe investing should be straightforward, aligned with your long-term goals, and build upon access to the very best experts in the world.
Our unique open architecture business model is designed to select the very best investment teams and provide you with access to their expertise across all asset classes from public to private markets.
We start our search with a universe of over 10,000 investment mandates and then apply 25 criteria of excellence to identify the teams that are best suited to deliver the most stable performance above median.
Our rigorous due diligence process is called OP4 plus.
We start with the evaluation of the organization, its governance and its culture.
We then meet with its people and assess the stability of the team and the key people risk.
The portfolio has to reflect that process through sound construction and proper diversification.
The performance has to be stable, predictable, and superior to peers over the long term.
And finally, the plus stands for the integration of ESG factors from an optimal risk return perspective.
We now offer over 150 unique and innovative investment solutions managed by over 90 investment teams spread over five continents which we follow every year through over 200 due diligence meetings to manage the most important assets in the world. Yours.
Because investing isn't about chasing trends.
It's about building a future you can depend on.
The information and 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 data and information are supplied as informative content only. No representation or guarantee, explicit or implicit, is made as for the exactness, quality and complete character of these data and this information. 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.
The NBI SmartData International Equity Fund (the “Fund”) is offered by National Bank Investments Inc., an indirect wholly owned subsidiary of National Bank of Canada and sold by authorized dealers. Goldman Sachs Asset Management, L.P. acts as portfolio manager for the Fund. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the Fund before investing. The indicated rates of returns 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 Funds’ 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. ETF Series units of the Fund are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. ETF Series of the Fund do not seek to return any predetermined amount at maturity.
® NATIONAL BANK INVESTMENTS is a registered trademark of National Bank of Canada, used under licence by National Bank Investments Inc.
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.
