Investment Objective
To ensure high current income and some 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 1 year
Fund volatility
Low to Medium
Tactical Deviation
Fixed Income: Under. Canadian Equities: Over. Global Equities: Neutral.
Minimum Initial Investment:
-
Subsequent Investment:
-
Systematic Investment:
-
Distribution Frequency:
Quarterly
Assets Under Management ($M):
$3,462.7
Price per Unit:
$11.09
Inception Date:
December 3, 2020
Value of $10,000 since inception:
$13,384
Benchmark Index:
Morningstar Canada Liquid Bond 70%
Morningstar Canada Large-Mid 10.50%
Morningstar Developed Markets ex North America 6%
Morningstar Emerging Markets Large-Mid 3%
Morningstar US Large Cap 10.50%
Management Fee:
-
MER:
0.05%
Portfolio Manager:
National Bank Investments Inc.
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)
| Canadian Corporate Bonds | 19.91% |
| Canadian Government Bonds | 19.12% |
| US Equity | 14.19% |
| International Equity | 12.34% |
| Foreign Corporate Bonds | 12.20% |
| Canadian Equity | 10.75% |
| Foreign Government Bonds | 6.83% |
| Cash and Equivalents | 2.84% |
| Mortgages | 1.36% |
| Other | 0.46% |
| Top Funds | % |
|---|---|
| NBI Sustainable Canadian Bond ETF (NSCB) | 14.38 |
| NBI Bond Fund | 13.96 |
| NBI Corporate Bond Fund | 10.45 |
| NBI Tactical Asset Allocation Fund | 10.14 |
| NBI Unconstrained Fixed Income Fund | 8.67 |
| NBI Global Tactical Bond Fund | 8.61 |
| NBI U.S. Equity Private Portfolio | 4.90 |
| NBI SmartData U.S. Equity Fund | 3.96 |
| Purpose Structured Equity Yield Fund Series | 3.59 |
| NBI High Yield Bond Fund | 3.33 |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 5.17 | 7.93 | 9.61 | 10.71 | -10.58 | 7.29 | - |
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) | 0.49 | 1.81 | 1.98 | 3.08 | 4.36 | 0.81 | - | 0.71 |
| NBI Bond Fund | 0.52 | 2.14 | 2.36 | 3.78 | 4.83 | 1.12 | 2.12 | 3.81 |
| NBI Corporate Bond Fund | 0.40 | 2.24 | 2.32 | 4.68 | 6.60 | 2.69 | 3.40 | 4.31 |
| NBI Global Tactical Bond Fund | 0.55 | 1.42 | 0.93 | 2.39 | 3.75 | 0.74 | 2.05 | 2.66 |
| NBI High Yield Bond Fund | 0.17 | 1.94 | 1.30 | 4.53 | 7.79 | 3.60 | 4.88 | 5.60 |
| Canadian Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Canadian All Cap Equity Fund | 0.02 | 5.25 | 8.46 | 19.28 | 17.19 | 11.30 | 9.32 | 9.06 |
| NBI Canadian Equity Index Fund | 0.63 | 7.12 | 11.26 | 33.08 | 24.23 | 15.48 | - | 13.92 |
| NBI Sustainable Canadian Equity ETF (NSCE) | 4.19 | 10.55 | 8.15 | 7.34 | 14.96 | 11.98 | - | 13.36 |
| NBI Canadian Equity Fund | 3.10 | 8.16 | 2.15 | 8.83 | 14.68 | 10.54 | - | 11.47 |
| CI MStar Canada Moment Indx ETF (WXM) | 0.43 | 8.34 | 17.81 | 42.53 | 29.30 | 18.29 | 15.26 | 13.69 |
| NBI Canadian Equity Growth Fund Investor Series | 0.47 | 6.42 | -0.07 | -1.80 | 5.27 | 4.25 | 7.12 | 8.59 |
| Global Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI U.S. Equity Private Portfolio | 2.75 | 15.04 | 6.58 | 14.21 | 17.23 | 14.59 | - | 18.05 |
| NBI SmartData U.S. Equity Fund | 1.34 | 16.46 | 11.34 | 25.11 | 22.94 | 16.18 | - | 15.71 |
| Purpose Structured Equity Yield Fund Series | -0.40 | 3.26 | 1.85 | 5.74 | 9.88 | 4.18 | - | 4.49 |
| NBI Diversified Emerging Markets Equity Fd | 1.60 | 23.03 | 28.79 | 51.93 | 26.08 | 11.07 | - | 15.27 |
| NBI SmartData International Equity Fund | 2.98 | 11.78 | 15.60 | 30.28 | 23.43 | 14.94 | 11.63 | 9.84 |
| NBI U.S. Equity Index Fund | 1.99 | 17.80 | 14.03 | 27.05 | 23.33 | 15.68 | - | 15.92 |
| NBI International Equity Fund | 6.47 | 17.08 | 10.98 | 15.30 | 12.37 | - | - | 12.25 |
| NBI International Value Fund Advisor Series | 2.44 | 12.81 | 8.62 | 8.56 | 7.09 | - | - | 8.65 |
| NBI Active Global Equity Fund | 4.29 | 17.38 | 9.03 | 12.86 | 14.33 | - | - | 16.88 |
| NBI Active International Equity ETF (NINT) | 1.48 | 11.47 | 7.72 | 8.40 | 8.16 | 3.23 | - | 3.27 |
| NBI Sustainable Global Equity ETF (NSGE) | 2.66 | 16.26 | 7.66 | 8.75 | 9.11 | 4.68 | - | 9.80 |
| Tactical Balanced | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Tactical Asset Allocation Fund | 1.40 | 8.88 | 9.20 | 19.97 | 12.97 | 7.09 | - | 8.12 |
| Other | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Unconstrained Fixed Income Fund | 0.18 | 2.90 | 1.47 | 4.51 | 5.30 | 2.11 | - | 2.86 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| Portfolio | 0.96 | 5.78 | 5.17 | 9.53 | 9.43 | 4.97 | - | 5.37 |