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:
-
Subsequent Investment:
-
Systematic Investment:
-
Distribution Frequency:
Quarterly
Assets Under Management ($M):
$6,010.4
Price per Unit:
$13.05
Inception Date:
December 3, 2020
Value of $10,000 since inception:
$14,884
Benchmark Index:
Morningstar Canada Liquid Bond 40%
Morningstar Canada Large-Mid 21%
Morningstar Developed Markets ex North America 12%
Morningstar Emerging Markets Large-Mid 6%
Morningstar US Large Cap 21%
Management Fee:
-
MER:
0.05%
Portfolio Manager:
National Bank Investments Inc.
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 | 23.36% |
| International Equity | 22.97% |
| Canadian Equity | 19.24% |
| Canadian Corporate Bonds | 9.54% |
| Canadian Government Bonds | 9.35% |
| Foreign Corporate Bonds | 4.58% |
| Foreign Government Bonds | 4.03% |
| Canadian Bonds - Other | 2.95% |
| Cash and Equivalents | 2.68% |
| Other | 1.30% |
| Top Funds | % |
|---|---|
| NBI U.S. Equity Private Portfolio | 12.93 |
| NBI Tactical Asset Allocation Fund | 10.17 |
| NBI Sustainable Canadian Bond ETF (NSCB) | 7.64 |
| NBI Bond Fund | 6.63 |
| NBI Corporate Bond Fund | 5.85 |
| NBI Diversified Emerging Markets Equity Fd | 5.84 |
| NBI SmartData U.S. Equity Fund | 5.66 |
| NBI Unconstrained Fixed Income Fund | 4.91 |
| NBI Canadian All Cap Equity Fund | 4.89 |
| NBI Global Tactical Bond Fund | 4.88 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 10.13 | 14.02 | 13.92 | -10.56 | 14.29 | - | - |
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) | 1.91 | 1.56 | 1.05 | 2.80 | 4.72 | 0.02 | - | 0.53 |
| NBI Bond Fund | 1.86 | 1.68 | 1.17 | 3.22 | 5.21 | 0.25 | 2.41 | 3.85 |
| NBI Corporate Bond Fund | 1.64 | 2.17 | 2.36 | 5.20 | 7.28 | 2.18 | 3.59 | 4.36 |
| NBI Global Tactical Bond Fund | 0.76 | 1.14 | 2.03 | 1.64 | 5.27 | 0.71 | 2.29 | 2.73 |
| NBI High Yield Bond Fund | 0.63 | 1.93 | 5.01 | 6.20 | 9.82 | 5.27 | 5.20 | 5.69 |
| Canadian Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Canadian All Cap Equity Fund | 3.13 | 5.73 | 15.00 | 18.98 | 16.94 | 15.16 | 8.83 | 8.80 |
| NBI Canadian Equity Fund | 2.81 | 5.72 | 14.61 | 20.76 | 20.92 | - | - | 12.76 |
| NBI Canadian Equity Growth Fund | -0.32 | 0.90 | 7.40 | 9.26 | 13.96 | 10.50 | 10.18 | 9.09 |
| NBI Sustainable Canadian Equity ETF (NSCE) | -1.97 | -3.09 | 5.21 | 10.45 | 16.27 | 13.53 | - | 13.19 |
| Global Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI U.S. Equity Private Portfolio | 3.47 | 8.02 | 15.11 | 17.15 | 23.56 | 18.54 | - | 19.57 |
| NBI Diversified Emerging Markets Equity Fd | 8.70 | 15.05 | 24.24 | 27.87 | 19.41 | 9.89 | - | 12.40 |
| NBI SmartData U.S. Equity Fund | 5.19 | 10.47 | 15.72 | 19.42 | 25.20 | 17.71 | - | 15.48 |
| NBI SmartData International Equity Fund | 4.57 | 8.17 | 15.67 | 23.81 | 25.56 | 14.62 | 9.96 | 8.73 |
| Purpose Structured Equity Yield Fund | 0.61 | 2.86 | 7.47 | 8.34 | 14.92 | 6.45 | - | 6.25 |
| NBI Active International Equity ETF (NINT) | 1.72 | -0.35 | 1.36 | -1.15 | 13.21 | - | - | 1.94 |
| NBI Global Small Cap Fund | -0.51 | 0.69 | 10.77 | 3.81 | - | - | - | 8.03 |
| NBI Sustainable Global Equity ETF (NSGE) | 2.98 | 5.05 | 13.14 | 5.00 | 14.08 | 7.39 | - | 10.50 |
| NBI International Equity Fund | 3.09 | 1.98 | 4.13 | 2.71 | - | - | - | 10.50 |
| NBI Active Global Equity Fund | 2.97 | 4.86 | 12.38 | 11.40 | - | - | - | 18.66 |
| Tactical Balanced | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Tactical Asset Allocation Fund | 4.06 | 7.70 | 11.14 | 13.97 | 11.35 | 7.41 | - | 7.29 |
| Other | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| NBI Unconstrained Fixed Income Fund | 0.67 | 2.06 | 4.84 | 4.72 | 6.24 | 2.92 | - | 2.83 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
| Portfolio | 2.59 | 4.82 | 9.57 | 11.86 | 14.59 | - | - | 8.59 |