Proxy Voting Policy

In accordance with current regulations, NBI Funds are subject to a policy governing the exercise of voting rights attached to the securities held in their portfolios. This policy sets out guidelines for those matters that may be voted on during a shareholders meeting (election of directors, appointment of auditors, remuneration of officers and directors, changes to shareholder rights, etc.).

Here is the proxy voting record for each NBI Funds for the period from July 1st 2016 to June 30th 2017 indicating, among other things, the matters voted on and how the portfolio managers of NBI Funds voted on such matters. A copy of this record can be obtained by contacting National Bank Investments Advisory Service at 1-888-270-3941 or 514-871-2082 or by sending an e-mail to Investments@bnc.ca. In accordance with regulations, subsequent proxy voting records will be made available annually on August 31st.

Vote Summary Reports
Short-Term and Income Funds
326 NBI Dividend Fund
305 NBI Unconstrained Fixed Income Fund
804 NBI Preferred Equity Income Fund
Monthly Income Portfolios
875 NBI Monthly Conservative Income Fund
876 NBI Monthly Moderate Income Fund
871 NBI Monthly Balanced Income Fund
872 NBI Monthly Growth Income Fund
873 NBI Monthly Equity Income Fund
Diversified Funds
837 National Bank Balanced Diversified Fund
838 National Bank Growth Diversified Fund
188 National Bank Dividend Income Fund Inc.
825 NBI Strategic U.S. Income and Growth Fund
Canadian Equity Funds
818 NBI High Dividend Fund
896 NBI SmartBeta Canadian Equity Fund
812 NBI Canadian Equity Fund
885 NBI Canadian All Cap Equity Fund
887 NBI Canadian Equity Growth Fund
859 National Bank Altafund Investment Corporation Fund
841 NBI Small Cap Fund
860 NBI Quebec Growth Fund
Global Equity Funds
898 NBI SmartBeta Global Equity Fund
867 NBI Global Equity Fund
882  NBI Global Diversified Equity Fund
321 NBI Global Real Assets Income Fund
824 NBI SmartData U.S. Equity Fund
843 NBI U.S. Equity Fund
848  NBI SmartData International Equity Fund
828 NBI U.S. Dividend Fund
193 NBI European Equity Fund
194 NBI Asia Pacific Fund
192 NBI Japanese Equity Fund
Specialized Funds
844 NBI Resource Fund
198 NBI Energy Fund
857 NBI Precious Metal Fund
879 NBI Science & Technology Fund
199 NBI Health Sciences Fund
Index Funds
814 NBI Canadian Index Fund
NBI Westwood Funds
869  NBI Westwood Emerging Markets Fund
808  NBI Westwood Global Equity Fund
805  NBI Westwood Global Dividend Fund
Private Portfolio NBI
NBI Equity Income Private Portfolio
NBI Canadian High Conviction Equity Private Portfolio
NBI North-American Dividend Private Portfolio
NBI US Equity Private Portfolio
NBI International Equity Private Portfolio
NBI Emerging Markets Equity Private Portfolio
NBI Real Assets Private Portfolio
NBI Jarislowsky Fraser Funds
3400 NBI Jarislowsky Fraser Select Income Fund
3401 NBI Jarislowsky Fraser Select Balanced Fund
3402 NBI Jarislowsky Fraser Select Canadian Equity