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NBI Tactical Asset Allocation Fund Advisor Series/ISC

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Tactical Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-20-2026) 		$13.53
Change
-$0.01 (-0.09%)

As at June 30, 2026

As at June 30, 2026

Period
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Legend

NBI Tactical Asset Allocation Fund Advisor Series/ISC

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Fund Returns

Inception Return (May 21, 2019): 6.10%

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 1.23% 8.37% 8.17% 8.17% 17.69% 13.60% 10.85% 9.42% 5.07% 6.67% 6.06% - - -
Benchmark 2.26% 10.26% 9.92% 9.92% 17.43% 15.00% 14.69% 13.77% 7.96% 8.39% 8.32% 7.94% 7.96% 8.11%
Category Average 0.74% 6.06% 7.16% 7.16% 13.72% 11.93% 11.12% 10.10% 5.93% 7.45% 6.44% 5.93% 5.62% 5.74%
Category Rank 129 / 329 89 / 329 154 / 326 154 / 326 103 / 324 128 / 318 198 / 314 192 / 294 212 / 288 197 / 278 176 / 270 - - -
Quartile Ranking 2 2 2 2 2 2 3 3 3 3 3 - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.91% 2.22% 3.86% 1.65% 0.62% -0.71% 1.39% 3.03% -4.45% 3.26% 3.68% 1.23%
Benchmark 1.48% 1.44% 3.57% 1.71% -0.22% -1.26% 1.04% 2.06% -3.32% 3.53% 4.15% 2.26%

Best Monthly Return Since Inception

6.52% (April 2020)

Worst Monthly Return Since Inception

-7.06% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Fund - - - - 7.86% 9.73% -11.82% 6.09% 9.23% 11.87%
Benchmark 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48% 10.42%
Category Average 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35% 11.73% 10.14%
Quartile Ranking - - - - 2 3 4 3 4 2
Category Rank - - - - 71/ 277 180/ 279 236/ 293 219/ 313 245/ 315 88/ 318

Best Calendar Return (Last 10 years)

11.87% (2025)

Worst Calendar Return (Last 10 years)

-11.82% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 34.32
Canadian Government Bonds 23.62
Canadian Equity 21.27
International Equity 14.60
Canadian Corporate Bonds 5.81
Other 0.38

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 29.42
Technology 22.52
Financial Services 6.40
Consumer Services 3.54
Healthcare 3.43
Other 34.69

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.29
Asia 11.33
Europe 1.24
Africa and Middle East 0.99
Latin America 0.87
Other 0.28

Top Holdings

Top Holdings
Name Percent
Global X S&P 500 Index CC ETF (HXS) 35.19
Global X Canadian Select Universe Bd CC ETF (HBB) 28.49
Global X S&P/TSX Capped Comp Ind CC ETF (HXCN) 21.26
iShares Core MSCI Emerging Markets ETF (IEMG) 13.99
NBI Canadian Bond Index Fund Series O 0.98
Cash and Cash Equivalents 0.09

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

NBI Tactical Asset Allocation Fund Advisor Series/ISC

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 6.66% 7.91% -
Beta 0.85 0.85 -
Alpha -0.01 -0.02 -
Rsquared 0.81% 0.80% -
Sharpe 1.06 0.29 -
Sortino 1.95 0.40 -
Treynor 0.08 0.03 -
Tax Efficiency 94.46% 92.95% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.93% 6.66% 7.91% -
Beta 1.02 0.85 0.85 -
Alpha 0.00 -0.01 -0.02 -
Rsquared 0.90% 0.81% 0.80% -
Sharpe 1.81 1.06 0.29 -
Sortino 2.86 1.95 0.40 -
Treynor 0.14 0.08 0.03 -
Tax Efficiency 95.61% 94.46% 92.95% -

Fund Details

Start Date May 21, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $6,930

Fund Codes

FundServ Code Load Code Sales Status
NBC3438

Investment Objectives

The NBI Tactical Asset Allocation Fund’s investment objective is to ensure long-term capital growth. The fund primarily invests tactically, directly or through investments in securities of other mutual funds (that may include exchange-traded funds (ETFs)), in fixed-income and equity securities from around the world.

Investment Strategy

The fund invests primarily in mutual funds (that may include ETFs) that provide exposure to fixed-income and equity securities from around the world.

Portfolio Management

Portfolio Manager

National Bank Trust Inc.
Sub-Advisor

-

Management and Organization

Fund Manager

National Bank Investments Inc.
Custodian

Natcan Trust Company
Registrar

Natcan Trust Company
Distributor

National Bank Investments Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 50

Fees

MER 2.02%
Management Fee 1.60%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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