NSCE vs. ARB ETF Comparison

Comparison of Nbi Sustainable Canadian Equity ETF (NSCE) to Accelerate Arbitrage Fund ETF (ARB)

NSCE

Nbi Sustainable Canadian Equity ETF

NSCE Description

The NBI Sustainable Canadian Equity ETF’s investment objective is to provide long-term capital growth while following asustainable approach to investing. It invests, directly or through investments in securities of other mutual funds, in a portfoliocomprised primarily of equity securities of Canadian companies.

Grade (RS Rating)

Last Trade

$39.66

Average Daily Volume

1,183

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

ARB

Accelerate Arbitrage Fund ETF

ARB Description

Accelerate Arbitrage Fund (ARB) seeks to achieve long-termcapital appreciation and a superior risk-adjusted return relative tothe S&P Merger Arbitrage Index. ARB seeks to outperform theS&P Merger Arbitrage Index through an arbitrage investmentstrategy by investing primarily in listed equity, debt or derivativesecurities of target companies involved in mergers or corporateactions, while selling short certain listed equity, debt or derivativesecurities of acquirer companies involved in mergers or corporateactions, where applicable. The aggregate notional amount ofderivatives used for non-hedging purposes will not exceed thelimits permitted under applicable securities legislation. ARB hasobtained exemptive relief to permit it to sell securities short up toan aggregate market value of 100% of ARB’s NAV.

Grade (RS Rating)

Last Trade

$26.26

Average Daily Volume

2,068

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	NSCE	ARB
30 Days	0.87%	0.00%
60 Days	0.81%	-0.95%
90 Days	4.90%	1.16%
12 Months	14.60%	1.55%

0 Overlapping Holdings

	Symbol	Grade	Weight in NSCE	Weight in ARB	Overlap

NSCE Overweight 9 Positions Relative to ARB

	Symbol	Grade	Weight
	CSU	C	5.62%
	CP	C	5.22%
	GIB.A	F	4.98%
	DOL	A	4.87%
	IFC	B	4.78%
	TIH	D	4.65%
	TRI	A	4.65%
	CNR	C	4.61%
	X	C	4.45%

NSCE Underweight 1 Positions Relative to ARB

	Symbol	Grade	Weight
	TCN	A	-3.65%

NSCE: Top Represented Industries & Keywords

Industries: Railroads Capital Markets Discount Stores Financial Exchanges Industrial Distribution Information Technology Services Insurance - Property & Casualty Software - Application

Keywords: S&P/Tsx 60 Index Software Transport Transportation Analytics Consumer Products Credit Drink Financial Financial Markets Food Government Information Infrastructure Integrated Law Minnesota Railroads Mobile Montreal Paper

ARB: Top Represented Industries & Keywords

Industries: Real Estate Services

Keywords: Apartment Cars Credit Investor Lifestyle Real Estate Real Estate Industry Residential Residential Real Estate