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NBI Corporate Bond Fund Investor Series

Cdn Corp Fixed Income

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

NAVPS
(06-04-2025)
$10.22
Change
$0.02 (0.20%)

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$10,000$11,000$12,000$13,000$14,000$15,000$9,500$10,500$11,500Period

Legend

NBI Corporate Bond Fund Investor Series

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Fund Returns

Inception Return (June 01, 2010): 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 -0.60% -0.14% 2.09% 0.82% 8.32% 4.99% 4.06% 0.65% 0.83% 1.29% 1.66% 1.28% 1.57% 1.42%
Benchmark -0.59% 0.19% 2.75% 1.17% 9.57% 6.23% 5.12% 1.96% 2.11% 2.66% 3.08% 2.65% 2.92% 2.85%
Category Average -0.47% 0.11% 2.46% 1.07% 8.99% 5.69% 4.63% 1.26% 1.81% 2.10% 2.41% - - -
Category Rank 105 / 148 111 / 143 101 / 139 94 / 140 103 / 135 119 / 128 103 / 118 93 / 110 92 / 103 93 / 100 92 / 97 85 / 90 79 / 87 70 / 76
Quartile Ranking 3 4 3 3 4 4 4 4 4 4 4 4 4 4

Monthly Return

Created with Highcharts 10.3.3-1%0%1%2%3%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.36% 0.84% 2.31% 0.11% 2.10% -0.72% 1.61% -0.35% 0.96% 0.72% -0.25% -0.60%
Benchmark 1.47% 0.98% 1.96% 0.45% 2.04% -0.41% 1.57% -0.01% 0.98% 0.93% -0.14% -0.59%

Best Monthly Return Since Inception

4.62% (April 2020)

Worst Monthly Return Since Inception

-5.80% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.67% 2.30% 2.10% -0.71% 6.30% 6.92% -2.69% -11.28% 7.14% 5.92%
Benchmark 2.74% 3.59% 3.48% 0.96% 8.01% 8.57% -1.32% -10.12% 8.32% 7.09%
Category Average - - - - 7.34% 7.62% -1.82% -10.25% 7.57% 6.68%
Quartile Ranking 3 4 3 3 3 4 4 4 3 4
Category Rank 52/ 73 68/ 83 60/ 89 68/ 92 71/ 99 83/ 100 100/ 106 91/ 115 88/ 123 117/ 128

Best Calendar Return (Last 10 years)

7.14% (2023)

Worst Calendar Return (Last 10 years)

-11.28% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 78.78
Canadian Government Bonds 12.42
Cash and Equivalents 3.82
Foreign Government Bonds 3.38
Foreign Corporate Bonds 1.52
Other 0.08

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 96.18
Cash and Cash Equivalent 3.82

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.09
Europe 1.92
Other -0.01

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 2.96
Bank of Montreal 4.54% 18-Nov-2028 2.86
Royal Bank of Canada 3.63% 10-Dec-2027 2.65
Canada Government 2.75% 01-Dec-2055 2.52
Chip Mortgage Trust 3.97% 01-Sep-2050 1.69
Canada Government 3.25% 01-Nov-2026 1.66
Fortis Inc 4.43% 31-Mar-2029 1.48
United States Treasury 4.50% 15-Nov-2054 1.47
Enbridge Inc 6.10% 09-Aug-2032 1.29
George Weston Ltd 4.19% 05-Sep-2029 1.20

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return3456789101%2%3%4%5%6%7%

NBI Corporate Bond Fund Investor Series

Median

Other - Cdn Corp Fixed Income

3 Yr Annualized

Standard Deviation 5.50% 5.44% 4.93%
Beta 1.07% 1.03% 0.99%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.99% 0.97% 0.98%
Sharpe 0.04% -0.27% -0.04%
Sortino 0.35% -0.51% -0.40%
Treynor 0.00% -0.01% 0.00%
Tax Efficiency 74.32% - 41.38%
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 1 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 3.61% 5.50% 5.44% 4.93%
Beta 1.14% 1.07% 1.03% 0.99%
Alpha -0.02% -0.01% -0.01% -0.01%
Rsquared 0.98% 0.99% 0.97% 0.98%
Sharpe 1.21% 0.04% -0.27% -0.04%
Sortino 3.36% 0.35% -0.51% -0.40%
Treynor 0.04% 0.00% -0.01% 0.00%
Tax Efficiency 85.69% 74.32% - 41.38%

Fund Details

Start Date June 01, 2010
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,186

Fund Codes

FundServ Code Load Code Sales Status
NBC849

Investment Objectives

The NBI Corporate Bond Fund’s investment objective is to ensure long-term capital growth and to generate high income. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio comprised mainly of debt securities of Canadian and U.S. companies.

Investment Strategy

The fund’s investment process is principally based on fundamental research. The portfolio securities selection is based on knowledge of the company, its industry and its growth prospects. An extensive credit analysis for each security and an assessment of the risk profiles, relative performance and general economic conditions are completed in order to confirm the selection and the relative weight of each portfolio security.

Portfolio Management

Portfolio Manager

National Bank Trust Inc.

Sub-Advisor

Fiera Capital Corporation

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 500
SWP Min Withdrawal 50

Fees

MER 1.64%
Management Fee 1.25%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.50%
Trailer Fee Max (LL) -

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