National Bank Investments Launches Actively Managed Canadian Equity ETF
Event summary
- National Bank Investments launched the NBI SmartData Canadian Equity Fund with an actively managed ETF series (NSDC) on July 9, 2026.
- The fund's ETF Series began trading on the Toronto Stock Exchange today with a management fee of 0.30% and administration fee of 0.05%.
- Goldman Sachs Asset Management serves as portfolio sub-advisor for the fund.
- National Bank Investments manages over $115.51 billion in assets as of March 31, 2026.
The big picture
This launch expands National Bank Investments' SmartData suite, reflecting a broader industry trend toward actively managed ETFs that combine systematic approaches with expert oversight. The move positions NBI to compete more aggressively in Canada's equity fund market, where investors increasingly demand flexible, data-driven investment solutions.
What we're watching
- Competitive Positioning
- Whether National Bank Investments can differentiate its actively managed ETF in Canada's crowded equity fund market.
- Performance Metrics
- How the fund's systematic, data-driven approach will translate into long-term capital growth compared to peers.
- Strategic Partnerships
- The impact of Goldman Sachs' sub-advisory role on fund performance and investor confidence.