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Multi-Sector Fixed Income
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2022
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|
NAVPS (12-12-2025) |
$21.38 |
|---|---|
| Change |
-$0.02
(-0.10%)
|
As at November 30, 2025
As at November 30, 2025
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Inception Return (October 18, 2019): 2.31%
| 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 | 0.19% | 1.23% | 4.04% | 6.33% | 5.34% | 5.78% | 4.82% | 1.90% | 1.67% | 2.36% | - | - | - | - |
| Benchmark | -0.13% | 2.76% | 5.41% | 5.87% | 6.58% | 8.53% | 7.05% | 2.02% | 0.92% | 1.82% | 2.89% | 2.52% | 2.63% | 2.92% |
| Category Average | 0.33% | 1.76% | 4.22% | 5.85% | 4.95% | 6.46% | - | - | - | - | - | - | - | - |
| Category Rank | 212 / 316 | 269 / 315 | 167 / 305 | 75 / 301 | 116 / 301 | 238 / 286 | 223 / 277 | 145 / 259 | 152 / 251 | 131 / 235 | - | - | - | - |
| Quartile Ranking | 3 | 4 | 3 | 1 | 2 | 4 | 4 | 3 | 3 | 3 | - | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.93% | 0.77% | 0.87% | -0.67% | 0.83% | 0.39% | 1.42% | -0.14% | 1.47% | 0.59% | 0.45% | 0.19% |
| Benchmark | 0.67% | 1.41% | 1.02% | 0.37% | -1.88% | -0.45% | 1.36% | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% |
4.68% (April 2020)
-9.57% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 6.50% | 0.53% | -6.96% | 5.74% | 2.13% |
| Benchmark | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% |
| Category Average | - | - | - | - | - | - | - | - | - | 3.89% |
| Quartile Ranking | - | - | - | - | - | 1 | 3 | 2 | 4 | 4 |
| Category Rank | - | - | - | - | - | 50/ 238 | 134/ 251 | 70/ 259 | 217/ 277 | 258/ 286 |
6.50% (2020)
-6.96% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 58.78 |
| Foreign Government Bonds | 16.48 |
| Cash and Equivalents | 11.91 |
| Mortgages | 9.78 |
| Canadian Government Bonds | 1.96 |
| Other | 1.09 |
| Name | Percent |
|---|---|
| Fixed Income | 87.76 |
| Cash and Cash Equivalent | 11.91 |
| Financial Services | 0.44 |
| Energy | 0.02 |
| Healthcare | 0.02 |
| Name | Percent |
|---|---|
| North America | 67.54 |
| Europe | 18.75 |
| Latin America | 8.10 |
| Africa and Middle East | 3.12 |
| Asia | 1.51 |
| Other | 0.98 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 7.92 |
| Credit default swap , due December 20, 2030 | 4.99 |
| Federal National Mrtgage Assoc 4.50% 01-Aug-2052 | 2.03 |
| Government Nationl Mrtg Assc 2 4.50% 20-Jun-2053 | 1.92 |
| Canada Government 3.25% 01-Jun-2035 | 1.91 |
| Federal National Mrtgage Assoc 5.50% 01-Jul-2053 | 1.82 |
| Mexico Government 8.50% 28-Feb-2030 | 1.64 |
| South Africa Government 9.00% 31-Jan-2040 | 1.37 |
| Brazil Government 10.00% 01-Jan-2027 | 1.28 |
| Fannie Mae Pool 5.50% 01-Nov-2055 | 1.18 |
NBI Unconstrained Fixed Income ETF
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 4.44% | 4.91% | - |
|---|---|---|---|
| Beta | 0.53% | 0.47% | - |
| Alpha | 0.01% | 0.01% | - |
| Rsquared | 0.31% | 0.34% | - |
| Sharpe | 0.20% | -0.19% | - |
| Sortino | 0.68% | -0.34% | - |
| Treynor | 0.02% | -0.02% | - |
| Tax Efficiency | 43.10% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.56% | 4.44% | 4.91% | - |
| Beta | 0.10% | 0.53% | 0.47% | - |
| Alpha | 0.05% | 0.01% | 0.01% | - |
| Rsquared | 0.02% | 0.31% | 0.34% | - |
| Sharpe | 0.99% | 0.20% | -0.19% | - |
| Sortino | 1.44% | 0.68% | -0.34% | - |
| Treynor | 0.26% | 0.02% | -0.02% | - |
| Tax Efficiency | 64.88% | 43.10% | - | - |
| Start Date | October 18, 2019 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $2,920 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
The investment objective is to maximize total return, consistent with preservation of capital. The NBI ETF invests, directly or indirectly through investments in securities of one or many other mutual funds or through the use of derivatives, in a diversified portfolio composed mainly of fixed-income securities of issuers located throughout the world with various maturities and credit ratings.
The ETF seeks to achieve its objective by managing portfolio duration, credit risk, and volatility. The ETF has significant latitude to pursue opportunities across the fixed-income spectrum, and is not managed or compared to any specific index. It has the flexibility to invest across different sectors, credit ratings, maturities and geographic regions, including moving between sectors or across credit risks, and may have long, short or negative duration.
| Portfolio Manager |
National Bank Trust Inc. |
|---|---|
| Sub-Advisor |
J.P. Morgan Investment Management Inc.
|
| Fund Manager |
National Bank Investments Inc. |
|---|---|
| Custodian |
- |
| Registrar |
- |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | No |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 0.78% |
|---|---|
| Management Fee | 0.75% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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