Investment Objective
Provide income and modest capital appreciation over the long term. It aims to deliver on its objective by investing in a portfolio comprised primarily of money market securities, fixed-income securities and preferred shares of Canadian and foreign corporations.
Fund Details:
Investment horizon
At least 1 year
Fund volatility
Low
Distribution Frequency:
Monthly
Assets Under Management ($M):
$2,341.2
Inception Date:
December 1, 2016
Benchmark Index:
Morningstar Canada Liquid Bond TR CAD (70%)
Morningstar Canada Large-Mid GR CAD (9%)
Morningstar US Large Cap TR CAD (12%)
Morningstar Developped Markets ex North America GR CAD (6%)
Morningstar Emerging Markets Large-Mid GR CAD (3%)
MER:
0.47%
TER:
-
Portfolio Manager:
National Bank Trust Inc.
Portfolio Asset Mix (% of Net Assets)
| Fixed Income | 63.85% |
| Canadian Equities | 8.34% |
| Global Equities | 17.76% |
| Tactical Balanced | 10.04% |
Funds
| Category | Min Target | Target | Max Target | Actual |
|---|---|---|---|---|
| Fixed Income | 60.00% | 65.00% | 80.00% | 63.85% |
| Canadian Equities | 1.00% | 7.00% | 21.00% | 8.34% |
| Global Equities | 10.00% | 18.00% | 30.00% | 17.76% |
| Tactical Balanced | 5.00% | 10.00% | 15.00% | 10.04% |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Investor Series | 8.02 | 8.02 | 9.18 | 9.94 | -10.27 | 6.78 | 8.60 |
Annualized Returns (%)
Regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.
| Fixed Income | Market (%) | Volatility | MER | TER | Trailing | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NBI Canadian Bond Private Portfolio | 14.73 | Low | 0.18 | 0.00 | 0.51 | -1.29 | -0.34 | 1.35 | 3.03 | 4.97 | -0.10 | 1.96 | 2.01 |
| NBI Canadian Fixed Income Private Portfolio | 16.46 | Low | 0.17 | - | - | -1.33 | -0.33 | 1.27 | 2.60 | - | - | - | 3.79 |
| NBI Corporate Bond Private Portfolio | 10.53 | Low | 0.17 | 0.00 | 0.51 | -0.59 | 0.30 | 2.31 | 4.61 | 7.01 | 1.80 | 3.45 | 3.50 |
| NBI Non-Traditional Fixed Income Private Portfolio | 22.12 | Low to medium | 0.92 | 0.04 | 0.51 | 0.06 | 0.74 | 2.63 | 5.71 | 6.94 | 2.50 | 3.09 | 3.01 |
| Canadian Equities | Market (%) | Volatility | MER | TER | Trailing | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Canadian Equity Private Portfolio | 2.93 | Medium | 0.40 | 0.05 | 0.51 | 0.95 | 4.50 | 10.86 | 24.81 | 18.11 | 15.60 | 10.51 | 9.90 |
| NBI Canadian High Conviction Equity Private Portfolio | 2.96 | Medium | 0.40 | 0.14 | 0.51 | 0.96 | 4.81 | 16.77 | 28.28 | 20.34 | 17.49 | 12.09 | 11.80 |
| NBI Sustainable Canadian Equity Fund | 2.45 | Medium | 0.39 | - | - | 0.28 | 2.48 | -0.60 | 12.40 | 15.86 | - | - | 11.42 |
| Global Equities | Market (%) | Volatility | MER | TER | Trailing | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Active International Equity Fund | 0.88 | Medium | 0.50 | - | - | 1.42 | 1.04 | 0.70 | 3.65 | 8.91 | - | - | 8.72 |
| NBI Diversified Emerging Markets Equity Fund | 2.59 | Medium | 1.21 | 0.37 | 0.51 | 1.20 | 2.24 | 17.30 | 30.96 | 16.54 | 5.50 | 9.34 | 9.14 |
| NBI Global Equity Markets Private Portfolio | 4.89 | Medium | - | - | - | - | - | - | - | - | - | - | - |
| NBI Global Small Cap Fund | 0.81 | Medium to high | 0.92 | - | - | -3.04 | -6.59 | -6.19 | -2.53 | - | - | - | 3.23 |
| NBI International High Conviction Equity Private Portfolio | 0.86 | Medium | 0.52 | 0.03 | 0.51 | -0.22 | 1.81 | 3.86 | 7.13 | 13.14 | 7.61 | 9.91 | 10.17 |
| NBI SmartData International Equity Fund | 1.74 | Medium | 0.52 | 0.09 | 0.51 | 1.16 | 4.04 | 12.46 | 31.17 | 20.73 | - | - | 12.70 |
| NBI Sustainable Global Equity Fund | 0.21 | Medium | 0.58 | - | - | -4.91 | -6.60 | -1.96 | -1.42 | 8.60 | - | - | 2.14 |
| NBI U.S. Equity Private Portfolio | 4.50 | Medium | 0.52 | 0.05 | 0.51 | -2.41 | -0.90 | 6.92 | 8.97 | 20.85 | 16.08 | 16.67 | 16.97 |
| NBI U.S. High Conviction Equity Private Portfolio | 1.28 | Medium | 0.52 | 0.01 | 0.51 | -3.07 | -2.29 | 5.47 | 2.98 | 14.23 | 12.34 | 14.07 | 14.34 |
| Tactical Balanced | Market (%) | Volatility | MER | TER | Trailing | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Tactical Asset Allocation Fund | 10.04 | Low to medium | 0.46 | 0.00 | 0.51 | -0.57 | 1.95 | 9.67 | 13.66 | 10.75 | 6.27 | - | 6.97 |
| Portfolio | Market (%) | Volatility | MER | TER | Trailing | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| Portfolio | Low | 0.47 | - | - | -0.68 | 0.69 | 4.29 | 8.02 | 9.04 | 4.43 | 4.98 | 4.92 |