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Cdn Short Term Fixed Inc
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2018
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|
NAVPS (02-05-2025) |
$9.70 |
|---|---|
| Change |
$0.01
(0.10%)
|
As at December 31, 2024
As at December 31, 2024
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Inception Return (January 08, 2014): 2.25%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.74% | 1.95% | 4.41% | 9.89% | 9.89% | 8.33% | 3.72% | 3.92% | 3.62% | 3.64% | 2.66% | 2.89% | 2.91% | 2.23% |
| Benchmark | 0.46% | 0.64% | 3.94% | 5.71% | 5.71% | 5.32% | 2.12% | 1.35% | 2.11% | 2.25% | 2.20% | 1.96% | 1.84% | 1.91% |
| Category Average | 0.22% | 0.50% | 3.50% | 5.17% | 5.17% | 5.00% | 1.75% | 1.10% | 1.74% | 1.94% | 1.74% | 1.57% | 1.49% | 1.40% |
| Category Rank | 9 / 330 | 8 / 321 | 54 / 309 | 12 / 280 | 13 / 280 | 4 / 260 | 18 / 247 | 4 / 233 | 8 / 227 | 8 / 217 | 47 / 203 | 16 / 183 | 13 / 178 | 45 / 165 |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.45% | 0.68% | 1.11% | 0.78% | 0.77% | 0.35% | 1.09% | 0.45% | 0.87% | 0.34% | 0.86% | 0.74% |
| Benchmark | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% | 0.48% | 0.46% |
3.92% (April 2020)
-9.03% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.69% | 3.06% | 4.55% | -3.05% | 3.74% | 2.43% | 4.53% | -4.92% | 6.79% | 9.89% |
| Benchmark | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% |
| Category Average | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% |
| Quartile Ranking | 4 | 1 | 1 | 4 | 2 | 4 | 1 | 3 | 1 | 1 |
| Category Rank | 162/ 165 | 23/ 178 | 7/ 183 | 201/ 203 | 60/ 217 | 204/ 227 | 4/ 233 | 184/ 247 | 13/ 260 | 13/ 280 |
9.89% (2024)
-4.92% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 71.11 |
| Canadian Equity | 13.44 |
| Cash and Equivalents | 12.95 |
| Canadian Bonds - Other | 1.21 |
| Foreign Corporate Bonds | 0.77 |
| Other | 0.52 |
| Name | Percent |
|---|---|
| Fixed Income | 73.61 |
| Cash and Cash Equivalent | 12.95 |
| Financial Services | 6.07 |
| Energy | 4.33 |
| Utilities | 1.91 |
| Other | 1.13 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 2.39 |
| Rogers Communications Inc 3.65% 31-Jan-2027 | 1.90 |
| Bank of America Corp 3.62% 16-Mar-2027 | 1.78 |
| Bank of Nova Scotia 4.68% 01-Feb-2029 | 1.74 |
| Canadian Imperial Bank Commrce 2.01% 21-Jul-2025 | 1.63 |
| Wells Fargo & Co 2.98% 19-May-2026 | 1.33 |
| Transcanada Pipelines Ltd 3.80% 05-Feb-2027 | 1.31 |
| Federation Csses Desjardins Qc 2.86% 26-May-2025 | 1.28 |
| Bank of Montreal 7.06% 31-Dec-2099 | 1.12 |
| Sun Life Financial Inc 2.58% 10-May-2027 | 1.11 |
NBI Floating Rate Income Fund Advisor Series / DSC
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 3.14% | 5.44% | 4.46% |
|---|---|---|---|
| Beta | 0.66% | 0.72% | 0.39% |
| Alpha | 0.02% | 0.02% | 0.02% |
| Rsquared | 0.37% | 0.10% | 0.03% |
| Sharpe | 0.02% | 0.26% | 0.15% |
| Sortino | 0.32% | 0.16% | -0.18% |
| Treynor | 0.00% | 0.02% | 0.02% |
| Tax Efficiency | 54.60% | 69.61% | - |
| Volatility |
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|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.13% | 3.14% | 5.44% | 4.46% |
| Beta | 0.04% | 0.66% | 0.72% | 0.39% |
| Alpha | 0.09% | 0.02% | 0.02% | 0.02% |
| Rsquared | 0.01% | 0.37% | 0.10% | 0.03% |
| Sharpe | 4.51% | 0.02% | 0.26% | 0.15% |
| Sortino | - | 0.32% | 0.16% | -0.18% |
| Treynor | 1.24% | 0.00% | 0.02% | 0.02% |
| Tax Efficiency | 83.59% | 54.60% | 69.61% | - |
| Start Date | January 08, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $119 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC529 |
The NBI Floating Rate Income Fund’s investment objective is to generate interest income while minimizing the effects of interest-rate fluctuations. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of fixed-rate Canadian bonds (either corporate, governmental or municipal) and/or preferred shares issued by North American companies and enters into derivatives transactions to generate a floating rate of income.
In accordance with the fund’s investment objectives, the portfolio manager determines the proportion of the fund’s assets that will be managed by the portfolio sub-advisor and the proportion that it will invest in one or more underlying funds.
| Name | Start Date |
|---|---|
| Nicolas Normandeau | 04-11-2014 |
| National Bank Trust Inc. | 09-23-2019 |
| Fund Manager | National Bank Investments Inc. |
|---|---|
| Advisor | National Bank Trust Inc. |
| Custodian | Natcan Trust Company |
| Registrar | Natcan Trust Company |
| Distributor | National Bank Investments Inc. |
| Auditor | Raymond Chabot Grant Thornton LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 50 |
| MER | 1.31% |
|---|---|
| Management Fee | 1.05% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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