Join Fund Library now and get free access to personalized features to help you manage your investments.

NBI Non-Traditional Fixed Income Private Portfolio Series N

Multi-Sector Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(06-13-2024)
$9.68
Change
$0.02 (0.21%)

As at May 31, 2024

As at May 31, 2024

Period
Loading...

Legend

NBI Non-Traditional Fixed Income Private Portfolio Series N

Compare Options


Fund Returns

Inception Return (October 30, 2015): 2.41%

Fund Returns
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 1.07% 1.66% 5.50% 1.66% 8.52% 3.43% 0.33% 2.70% 2.17% 2.45% 2.16% 2.38% - -
Benchmark 0.36% 0.25% 2.51% 1.14% 3.90% 3.99% -0.62% -2.14% -0.29% 1.11% 0.59% 1.38% 2.20% 2.99%
Category Average 1.21% 3.30% 3.30% 0.21% 4.74% - - - - - - - - -
Category Rank 179 / 277 20 / 276 18 / 275 53 / 275 28 / 266 66 / 260 55 / 257 36 / 231 34 / 220 36 / 198 29 / 166 46 / 140 - -
Quartile Ranking 3 1 1 1 1 2 1 1 1 1 1 2 - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 0.95% 1.74% -1.29% -1.84% -1.68% 5.12% 3.77% 0.21% -0.20% 1.61% -1.01% 1.07%
Benchmark -2.01% 0.30% 1.72% -2.75% 1.40% 2.81% 1.36% 0.46% 0.43% 0.67% -0.78% 0.36%

Best Monthly Return Since Inception

5.76% (April 2020)

Worst Monthly Return Since Inception

-11.45% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - 3.80% 3.45% -2.12% 9.16% 4.47% 2.04% -9.33% 9.14%
Benchmark 11.01% 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25%
Category Average - - - - - - - - - -
Quartile Ranking - - 3 3 4 1 3 1 2 1
Category Rank - - 73/ 118 82/ 155 144/ 188 53/ 216 159/ 230 34/ 248 125/ 258 34/ 266

Best Calendar Return (Last 10 years)

9.16% (2019)

Worst Calendar Return (Last 10 years)

-9.33% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Bonds - Funds 46.85
US Equity 13.92
Canadian Equity 9.86
Foreign Government Bonds 7.60
Canadian Bonds - Funds 6.93
Other 14.84

Sector Allocation

Sector Allocation
Name Percent
Exchange Traded Fund 46.56
Fixed Income 27.14
Financial Services 6.81
Technology 4.28
Cash and Cash Equivalent 2.87
Other 12.34

Geographic Allocation

Geographic Allocation
Name Percent
Multi-National 47.02
North America 44.85
Asia 3.91
Europe 3.24
Latin America 0.65
Other 0.33

Top Holdings

Top Holdings
Name Percent
NBI Unconstrained Fixed Income Fund O Series 37.19
Purpose Structured Equity Yield Fund Series A 26.67
RP Strategic Income Plus Fund Class O 9.83
Manulife Strategic Income Fund Series I 9.66
NBI Global Tactical Bond Fund O Series 7.27
NBI High Yield Bond Fund O Series 6.97
NBI Floating Rate Income Fund Advisor Series / DSC 1.95
Cash and Cash Equivalents 0.33
NBI Canadian Preferred Equity Private Portfolio F 0.13

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

NBI Non-Traditional Fixed Income Private Portfolio Series N

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 6.82% 8.17% -
Beta 0.54% 0.43% -
Alpha 0.01% 0.03% -
Rsquared 0.29% 0.11% -
Sharpe -0.34% 0.05% -
Sortino -0.50% -0.08% -
Treynor -0.04% 0.01% -
Tax Efficiency - 51.15% -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.47% 6.82% 8.17% -
Beta 0.68% 0.54% 0.43% -
Alpha 0.06% 0.01% 0.03% -
Rsquared 0.24% 0.29% 0.11% -
Sharpe 0.48% -0.34% 0.05% -
Sortino 1.56% -0.50% -0.08% -
Treynor 0.05% -0.04% 0.01% -
Tax Efficiency 87.96% - 51.15% -

Fund Details

Start Date October 30, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,920

Fund Codes

FundServ Code Load Code Sales Status
NBC248

Investment Objectives

The NBI Non-Traditional Fixed Income Private Portfolio's investment objective is to provide current income while focusing on capital preservation. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of fixed-income securities of issuers around the world selected using different non-traditional investment strategies.

Investment Strategy

The fund invests up to 100% of its net assets in mutual fund securities (including exchange-traded funds) that provide exposure to: bonds guaranteed or issued by different levels of government around the world; investment-grade corporate bonds of companies located in developed or emerging countries; high-yield bonds; agency securities; floating-rate debt securities, including senior and second lien floating-rate loans; asset-backed and mortgage-backed securities; convertible debt securities.

Portfolio Manager(s)

Name Start Date
National Bank Trust Inc. 07-19-2021

Management and Organization

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

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 100
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 50

Fees

MER 0.91%
Management Fee 0.60%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.51%
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.