Investment Objective
To ensure 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):
$6,004.1
Price per Unit:
$14.14
Inception Date:
May 19, 2017
Value of $10,000 since inception:
$16,089
Benchmark Index:
Morningstar Canada Liquid Bond TR CAD (40%)
Morningstar Canada Large-Mid GR CAD (18%)
Morningstar US Large Cap TR CAD (24%)
Morningstar Developped Markets ex North America GR CAD (12%)
Morningstar Emerging Markets Large-Mid GR CAD (6%)
Management Fee:
1.75%
MER:
2.22%
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 medium term (at least three years);
- are looking for a turnkey solution composed of several asset classes in order to achieve a fully diversified portfolio;
- are looking for current income and 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 | 24.19% |
| International Equity | 21.38% |
| Canadian Equity | 20.57% |
| Canadian Government Bonds | 11.35% |
| Canadian Corporate Bonds | 10.42% |
| Foreign Government Bonds | 4.43% |
| Foreign Corporate Bonds | 4.14% |
| Cash and Equivalents | 2.33% |
| Mortgages | 0.99% |
| Other | 0.20% |
| Top Funds | % |
|---|---|
| NBI U.S. Equity Private Portfolio | 11.06 |
| NBI Tactical Asset Allocation Fund | 10.07 |
| NBI Sustainable Canadian Bond ETF (NSCB) | 7.28 |
| NBI SmartData U.S. Equity Fund | 7.07 |
| NBI Bond Fund | 6.65 |
| NBI Corporate Bond Fund | 5.95 |
| NBI Canadian All Cap Equity Fund | 5.59 |
| NBI Diversified Emerging Markets Equity Fd | 5.56 |
| NBI Unconstrained Fixed Income Fund | 5.01 |
| NBI Global Tactical Bond Fund | 4.98 |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 8.83 | 8.83 | 11.55 | 11.53 | -12.51 | 11.86 | 9.57 |
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) | -1.33 | -0.46 | 1.08 | 2.49 | 4.50 | -0.22 | - | 0.43 |
| NBI Bond Fund | -1.30 | -0.28 | 1.39 | 2.83 | 5.01 | -0.02 | 2.28 | 3.79 |
| NBI Corporate Bond Fund | -0.71 | 0.13 | 2.30 | 4.35 | 6.91 | 1.80 | 3.55 | 4.29 |
| NBI Global Tactical Bond Fund | -0.29 | 0.31 | 1.45 | 3.24 | 4.57 | 0.33 | 2.33 | 2.70 |
| NBI High Yield Bond Fund | 0.63 | 1.24 | 3.20 | 7.38 | 8.66 | 4.20 | 5.47 | 5.68 |
| Canadian Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Canadian All Cap Equity Fund | 0.82 | 4.01 | 9.97 | 22.72 | 15.94 | 13.88 | 9.15 | 8.88 |
| NBI Canadian Equity Fund | 0.95 | 0.79 | 6.55 | 13.60 | 18.92 | - | - | 12.23 |
| NBI Sustainable Canadian Equity ETF (NSCE) | 0.26 | 2.41 | -0.75 | 12.09 | 15.59 | 13.06 | - | 13.05 |
| NBI Canadian Equity Index Fund | 1.35 | 6.35 | 19.62 | 32.12 | 22.12 | 16.71 | - | 13.28 |
| NBI Canadian Equity Growth Fund | 0.15 | -1.54 | -0.66 | 6.73 | 10.80 | 8.93 | 10.25 | 8.84 |
| Global Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI U.S. Equity Private Portfolio | -2.37 | -0.80 | 7.16 | 9.50 | 21.43 | 16.65 | - | 18.44 |
| NBI SmartData U.S. Equity Fund | -1.56 | 1.72 | 12.37 | 11.30 | 23.96 | 16.64 | - | 15.21 |
| NBI Diversified Emerging Markets Equity Fd | 1.31 | 2.53 | 17.96 | 32.47 | 17.90 | 6.76 | - | 12.33 |
| NBI SmartData International Equity Fund | 1.21 | 4.18 | 12.70 | 31.73 | 21.35 | 13.35 | 9.24 | 8.92 |
| Purpose Structured Equity Yield Fund | 0.47 | 1.87 | 4.79 | 8.34 | 14.03 | 6.20 | - | 6.31 |
| NBI Active International Equity ETF (NINT) | 1.41 | 0.99 | 0.63 | 3.55 | 8.67 | - | - | 2.04 |
| NBI International Equity Fund | -0.19 | 1.88 | 3.90 | 7.54 | - | - | - | 10.22 |
| NBI U.S. Equity Index Fund | -1.83 | 0.93 | 11.42 | 12.12 | 23.39 | 15.19 | - | 15.03 |
| NBI Global Small Cap Fund | -2.96 | -6.41 | -5.76 | -1.67 | - | - | - | 4.15 |
| NBI Sustainable Global Equity ETF (NSGE) | -2.29 | -3.84 | 1.01 | 1.64 | 9.71 | 4.60 | - | 9.28 |
| NBI Active Global Equity Fund | -1.06 | -1.28 | 3.52 | 8.08 | 16.66 | - | - | 16.54 |
| Tactical Balanced | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Tactical Asset Allocation Fund | -0.54 | 2.01 | 9.86 | 14.03 | 11.13 | 6.65 | - | 7.32 |
| Other | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Unconstrained Fixed Income Fund | 0.11 | 0.92 | 2.99 | 7.08 | 5.31 | 2.15 | - | 2.86 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| Portfolio | -0.65 | 0.37 | 4.68 | 8.83 | 10.63 | 5.79 | - | 5.67 |