Investment Objective
To ensure high current income and long-term capital appreciation. To achieve this, it invests primarily in a diversified range of fixed income and equity mutual funds (which may include exchange-traded funds ("ETFs")).
Fund Details
Investment horizon
At least 3 years
Fund volatility
Low to Medium
Tactical Deviation
Fixed Income: Under. Canadian Equities: Over. Global Equities: Neutral.
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Quarterly
Assets Under Management ($M):
$3,760.1
Price per Unit:
$13.46
Inception Date:
May 19, 2017
Value of $10,000 since inception:
$14,698
Benchmark Index:
Morningstar Canada Liquid Bond TR CAD (55%)
Morningstar Canada Large-Mid GR CAD (13,5%)
Morningstar US Large Cap TR CAD (18%)
Morningstar Developped Markets ex North America GR CAD (9%)
Morningstar Emerging Markets Large-Mid GR CAD (4,5%)
Management Fee:
1.60%
MER:
2.06%
Portfolio Manager:
National Bank Investments Inc.
Management Fee Reduction Plan¹
For High Net Worth investors
Amount Applicable
| Level | to the level* | Rate |
|---|---|---|
| 1 | $174,999.99 or less | 0.100% |
| 2 | $175,000 or more | 0.200% |
¹ Subject to have a market value of at least $100,000 to
benefit from this Reduction Plan.
* For Investor, R and F-2 Series of all NBI Portfolios
Who is this fund for?
Investors who:
- are looking to invest for the short to medium term (at least one year);
- are looking for a turnkey solution composed of several asset classes in order to achieve a fully diversified portfolio;
- are looking for a high level of current income and some long-term capital appreciation.
Subscriber Rights
Under the securities law in some provinces and territories, you have the right to:
- withdraw from an agreement to buy mutual fund securities within two business days after you receive a simplified prospectus or Fund Facts document; or
- cancel your purchase within 48 hours after you receive confirmation of the purchase.
Portfolio Asset Mix (% of Net Assets)
| US Equity | 18.15% |
| International Equity | 17.90% |
| Canadian Equity | 15.00% |
| Canadian Corporate Bonds | 14.09% |
| Canadian Government Bonds | 13.56% |
| Foreign Corporate Bonds | 7.10% |
| Foreign Government Bonds | 6.39% |
| Cash and Equivalents | 3.17% |
| Canadian Bonds - Other | 2.92% |
| Other | 1.72% |
| Top Funds | % |
|---|---|
| NBI Sustainable Canadian Bond ETF (NSCB) | 11.16 |
| NBI Bond Fund | 10.15 |
| NBI Tactical Asset Allocation Fund | 10.06 |
| NBI U.S. Equity Private Portfolio | 8.56 |
| NBI Corporate Bond Fund | 8.27 |
| NBI Unconstrained Fixed Income Fund | 6.90 |
| NBI Global Tactical Bond Fund | 6.89 |
| NBI SmartData U.S. Equity Fund | 4.70 |
| NBI Diversified Emerging Markets Equity Fd | 4.17 |
| Purpose Structured Equity Yield Fund | 3.45 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 8.01 | 9.56 | 10.09 | -12.42 | 8.62 | 8.82 | 12.04 |
Annualized Returns (%)
| Fixed Income | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|---|
| NBI Sustainable Canadian Bond ETF (NSCB) | 0.68 | 2.97 | 2.46 | 4.59 | 5.34 | 0.25 | - | 0.64 |
| NBI Bond Fund | 0.74 | 3.04 | 2.52 | 5.03 | 5.87 | 0.53 | 2.50 | 3.87 |
| NBI Corporate Bond Fund | 0.61 | 2.68 | 3.46 | 6.43 | 7.83 | 2.43 | 3.70 | 4.37 |
| NBI Global Tactical Bond Fund | 0.53 | 2.20 | 1.93 | 3.97 | 5.50 | 0.75 | 2.28 | 2.75 |
| NBI High Yield Bond Fund | 0.21 | 1.65 | 5.38 | 6.77 | 8.35 | 5.03 | 4.89 | 5.67 |
| Canadian Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Canadian Equity Fund | 0.69 | 5.92 | 15.14 | 20.38 | 19.22 | - | - | 12.68 |
| NBI Canadian All Cap Equity Fund | 0.09 | 5.93 | 14.57 | 19.26 | 14.56 | 16.03 | 8.59 | 8.77 |
| NBI Sustainable Canadian Equity ETF (NSCE) | -0.44 | -2.71 | 1.79 | 10.66 | 14.73 | 14.43 | - | 12.89 |
| NBI Canadian Equity Growth Fund | -1.75 | -1.43 | 4.53 | 8.45 | 11.30 | 10.81 | 9.93 | 8.92 |
| NBI Canadian Equity Index Fund | 0.96 | 11.68 | 23.37 | 29.76 | 20.27 | 18.28 | - | 12.80 |
| Global Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI U.S. Equity Private Portfolio | 1.92 | 5.97 | 23.31 | 18.29 | 22.62 | 19.58 | - | 19.65 |
| NBI SmartData U.S. Equity Fund | 3.43 | 10.83 | 25.90 | 21.60 | 23.84 | 19.21 | - | 15.80 |
| NBI Diversified Emerging Markets Equity Fd | 3.93 | 16.52 | 32.78 | 34.28 | 22.30 | 10.00 | - | 12.86 |
| Purpose Structured Equity Yield Fund | 0.29 | 2.36 | 10.50 | 7.71 | 13.49 | 6.51 | - | 6.21 |
| NBI SmartData International Equity Fund | 1.94 | 11.10 | 17.41 | 29.35 | 24.56 | 16.00 | 9.39 | 8.84 |
| NBI Active International Equity ETF (NINT) | -0.04 | 2.00 | 2.34 | 2.27 | 12.94 | - | - | 1.89 |
| NBI Global Small Cap Fund | -0.34 | -1.53 | 9.97 | 7.84 | - | - | - | 7.53 |
| NBI U.S. Equity Index Fund | 3.14 | 9.41 | 25.83 | 22.36 | 23.72 | 18.11 | - | 15.73 |
| NBI Sustainable Global Equity ETF (NSGE) | 1.68 | 5.44 | 17.93 | 7.35 | 13.42 | 7.68 | - | 10.66 |
| NBI International Equity Fund | 2.70 | 8.12 | 8.12 | 8.06 | - | - | - | 11.34 |
| NBI Active Global Equity Fund | 0.99 | 4.65 | 16.75 | 14.22 | - | - | - | 18.47 |
| Tactical Balanced | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Tactical Asset Allocation Fund | 1.78 | 8.41 | 14.62 | 16.19 | 11.48 | 8.15 | - | 7.48 |
| Other | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Unconstrained Fixed Income Fund | 0.56 | 2.71 | 4.59 | 7.06 | 6.47 | 2.79 | - | 2.87 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| Portfolio | 0.89 | 4.17 | 8.89 | 9.61 | 9.95 | 5.74 | - | 4.66 |