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):
$3,767.0
Price per Unit:
$12.91
Inception Date:
May 19, 2017
Value of $10,000 since inception:
$14,700
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 | 18.07% |
| International Equity | 17.54% |
| Canadian Equity | 14.73% |
| Canadian Corporate Bonds | 14.53% |
| Canadian Government Bonds | 14.51% |
| Foreign Corporate Bonds | 7.15% |
| Foreign Government Bonds | 6.26% |
| Cash and Equivalents | 5.97% |
| Mortgages | 0.98% |
| Other | 0.26% |
| Top Funds | % |
|---|---|
| NBI Sustainable Canadian Bond ETF (NSCB) | 11.03 |
| NBI Tactical Asset Allocation Fund | 10.15 |
| NBI Bond Fund | 10.10 |
| NBI Corporate Bond Fund | 8.25 |
| NBI U.S. Equity Private Portfolio | 8.06 |
| NBI Unconstrained Fixed Income Fund | 6.94 |
| NBI Global Tactical Bond Fund | 6.85 |
| NBI SmartData U.S. Equity Fund | 5.16 |
| NBI Diversified Emerging Markets Equity Fd | 4.42 |
| NBI Canadian All Cap Equity Fund | 3.99 |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 0.61 | 7.37 | 9.56 | 10.09 | -12.42 | 8.62 | 8.82 |
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) | 0.55 | -0.60 | 2.35 | 1.95 | 3.63 | 0.07 | - | 0.51 |
| NBI Bond Fund | 0.56 | -0.46 | 2.57 | 2.23 | 4.09 | 0.31 | 2.33 | 3.80 |
| NBI Corporate Bond Fund | 0.74 | 0.25 | 2.93 | 3.99 | 6.11 | 2.05 | 3.65 | 4.32 |
| NBI Global Tactical Bond Fund | 0.04 | -0.18 | 2.01 | 2.64 | 3.65 | 0.43 | 2.27 | 2.68 |
| NBI High Yield Bond Fund | 0.25 | 1.28 | 2.95 | 6.30 | 7.51 | 4.17 | 5.72 | 5.67 |
| Canadian Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Canadian All Cap Equity Fund | -0.37 | 3.54 | 9.68 | 18.29 | 13.42 | 13.62 | 9.50 | 8.84 |
| NBI Canadian Equity Index Fund | 0.76 | 6.14 | 18.54 | 28.59 | 19.60 | 17.00 | - | 13.24 |
| NBI Canadian Equity Fund | -3.54 | -3.44 | 2.27 | 5.99 | 14.88 | - | - | 11.18 |
| NBI Sustainable Canadian Equity ETF (NSCE) | -4.39 | -1.66 | -4.32 | 4.44 | 12.34 | 12.53 | - | 12.00 |
| CI MStar Canada Moment Indx ETF (WXM) | 2.44 | 10.96 | 22.77 | 36.82 | 23.40 | 19.28 | 14.60 | 12.99 |
| NBI Canadian Equity Growth Fund | -1.70 | -1.49 | -2.90 | 1.37 | 8.14 | 8.87 | 10.11 | 8.68 |
| Global Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI U.S. Equity Private Portfolio | -0.29 | -2.95 | 2.84 | 5.46 | 19.20 | 16.82 | - | 18.08 |
| NBI SmartData U.S. Equity Fund | 0.16 | -1.50 | 9.16 | 7.44 | 22.02 | 16.78 | - | 15.06 |
| NBI Diversified Emerging Markets Equity Fd | 9.38 | 7.90 | 25.73 | 39.83 | 19.06 | 7.76 | - | 13.59 |
| Purpose Structured Equity Yield Fund | 0.70 | 2.28 | 4.70 | 7.26 | 11.09 | 6.50 | - | 6.34 |
| NBI SmartData International Equity Fund | 4.94 | 7.25 | 19.15 | 29.84 | 20.94 | 14.57 | 10.44 | 9.30 |
| NBI Active International Equity ETF (NINT) | 2.31 | 3.35 | 5.43 | 0.00 | 7.05 | - | - | 2.48 |
| NBI International Equity Fund | -0.56 | -1.35 | 6.66 | -0.23 | - | - | - | 9.64 |
| NBI U.S. Equity Index Fund | 0.54 | -1.61 | 7.65 | 8.16 | 21.73 | 15.41 | - | 14.93 |
| NBI Global Small Cap Fund | 2.70 | -3.55 | -5.02 | -4.86 | - | - | - | 5.15 |
| NBI Sustainable Global Equity ETF (NSGE) | -0.25 | -5.67 | -0.54 | -3.10 | 8.07 | 4.40 | - | 9.10 |
| NBI Active Global Equity Fund | 0.74 | -1.53 | 3.05 | 3.62 | 14.00 | - | - | 16.33 |
| Tactical Balanced | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Tactical Asset Allocation Fund | 1.55 | 1.78 | 10.34 | 13.09 | 10.47 | 6.97 | - | 7.47 |
| Other | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Unconstrained Fixed Income Fund | 0.81 | 1.17 | 3.91 | 6.92 | 5.02 | 2.27 | - | 2.93 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| Portfolio | 0.61 | 0.01 | 4.18 | 5.57 | 7.79 | 4.50 | - | 4.53 |