Investment Objective
To achieve a current income by investing primarily in a diverse mix of fixed income mutual funds.
Fund Details
Investment horizon
At least 1 year
Fund volatility
Low
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Monthly
Assets Under Management ($M):
$34.5
Price per Unit:
$8.86
Inception Date:
October 29, 2013
Value of $10,000 over 10 years:
$12,346
Management Fee:
0.60%
MER:
0.92%
Management Fee Reduction Plan¹
For High Net Worth investors
Amount Applicable
| Level | to the level* | Reduction |
|---|---|---|
| 1 | First $250,000 | 0.050% |
| 2 | Next $250,000 | 0.100% |
| 3 | In excess of $500,000 | 0.150% |
¹ Subject to satisfying one of the Plan admissibility criteria.
* The levels apply according to the market value of the
assets.
Available Fund Code:
| Trust Portfolios | Fund Code |
|---|---|
| Advisor Series | |
| Initial Sales Charge | NBC7420 |
| Deferred Sales Charge | NBC7520 |
| Low Sales Charge | NBC7620 |
| F Series | NBC7720 |
Portfolio Statistics
Alpha
0.01
Beta
0.73
R-squared
0.60
Standard Deviation
5.17
Sharpe
0.30
Portfolio Asset Mix* (% of Net Assets)
| Canadian Government Bonds | 39.33 |
| Canadian Corporate Bonds | 32.59 |
| Foreign Corporate Bonds | 17.25 |
| Foreign Government Bonds | 5.04 |
| Cash and Equivalents | 2.87 |
| Mortgages | 1.98 |
| Other | 0.94 |
| Third-Party funds | % |
|---|---|
| CI Canadian Bond Fund | 32.60 |
| TD Canadian Core Plus Bond Fund | 32.31 |
| RP Strategic Income Plus Fund Class | 15.12 |
| Manulife Strategic Income Fund | 14.99 |
| NBI Sustainable Canadian Short Term Bd ETF (NSSB) | 4.98 |
Geographic Allocation*
| Canada | 74.33% |
| United States | 20.33% |
| Other | 1.72% |
| United Kingdom | 0.77% |
| Europe | 0.58% |
| Australia | 0.56% |
| New Zealand | 0.50% |
| France | 0.43% |
| Indonesia | 0.43% |
| Multi-National | 0.35% |
Sector Allocation*
| Fixed Income | 96.31% |
| Cash and Cash Equivalent | 2.88% |
| Technology | 0.36% |
| Mutual Fund | 0.27% |
| Utilities | 0.10% |
| Financial Services | 0.05% |
| Industrial Goods | 0.03% |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Portfolio | 3.96 | 4.39 | 6.25 | -10.74 | -1.49 | 7.46 | 7.84 |
Annualized Returns (%)
| Fixed Income | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. | Incp. Date |
|---|---|---|---|---|---|---|---|---|---|
| CI Canadian Bond Fund | 0.69 | 3.14 | 3.03 | 5.49 | 6.27 | 1.21 | 2.88 | 4.48 | 11-01-2001 |
| NBI Sustainable Canadian Short Term Bd ETF (NSSB) | 0.43 | 1.94 | 2.87 | 5.82 | 6.46 | - | - | 4.07 | 02-10-2022 |
| RP Strategic Income Plus Fund Class | 0.36 | 2.37 | 2.99 | 5.01 | 5.97 | 3.00 | - | 3.60 | 04-14-2016 |
| Other | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. | Incp. Date |
| Manulife Strategic Income Fund | 0.38 | 2.49 | 4.65 | 6.56 | 7.04 | 2.37 | 3.50 | 6.26 | 11-28-2005 |
| TD Canadian Core Plus Bond Fund | 0.53 | 2.80 | 2.56 | 3.85 | 4.66 | -0.50 | 1.28 | 2.96 | 09-04-2007 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. | Incp. Date |
| Portfolio | 0.50 | 2.75 | 2.93 | 4.75 | 5.51 | 0.78 | 2.13 | 2.52 |
*Underlying fund data are as of July 31, 2025.