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Cdn Corp Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (10-30-2024) |
$10.14 |
|---|---|
| Change |
$0.01
(0.10%)
|
As at September 30, 2024
As at September 30, 2024
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Inception Return (June 01, 2010): 2.42%
| 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 | 2.10% | 4.57% | 5.50% | 5.36% | 13.13% | 6.60% | 0.26% | -0.27% | 0.77% | 1.75% | 1.58% | 1.20% | 1.56% | 1.59% |
| Benchmark | 2.04% | 4.51% | 5.73% | 5.88% | 13.97% | 7.37% | 1.45% | 0.79% | 2.01% | 3.12% | 2.99% | 2.54% | 2.94% | 3.04% |
| Category Average | 2.00% | 4.55% | 5.69% | 5.83% | 13.66% | 7.34% | 0.81% | 0.60% | 1.56% | 2.47% | - | - | - | - |
| Category Rank | 33 / 106 | 57 / 103 | 74 / 95 | 84 / 95 | 75 / 95 | 82 / 88 | 81 / 84 | 76 / 78 | 71 / 73 | 70 / 72 | 65 / 66 | 62 / 64 | 54 / 56 | 51 / 53 |
| Quartile Ranking | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.21% | 3.69% | 3.33% | -0.67% | 0.13% | 0.42% | -1.29% | 1.36% | 0.84% | 2.31% | 0.11% | 2.10% |
| Benchmark | 0.45% | 3.64% | 3.39% | -0.70% | 0.25% | 0.60% | -1.26% | 1.47% | 0.98% | 1.96% | 0.45% | 2.04% |
4.62% (April 2020)
-5.80% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 5.67% | 0.67% | 2.30% | 2.10% | -0.71% | 6.30% | 6.92% | -2.69% | -11.28% | 7.14% |
| Benchmark | 7.44% | 2.74% | 3.59% | 3.48% | 0.96% | 8.01% | 8.57% | -1.32% | -10.12% | 8.32% |
| Category Average | - | - | - | - | - | 7.34% | 7.62% | -1.82% | -10.25% | 7.57% |
| Quartile Ranking | 3 | 3 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 |
| Category Rank | 35/ 52 | 38/ 53 | 47/ 58 | 41/ 64 | 58/ 66 | 59/ 72 | 69/ 73 | 77/ 79 | 72/ 84 | 72/ 91 |
7.14% (2023)
-11.28% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 87.81 |
| Canadian Government Bonds | 6.81 |
| Cash and Equivalents | 3.59 |
| Foreign Corporate Bonds | 1.00 |
| Foreign Government Bonds | 0.69 |
| Other | 0.10 |
| Name | Percent |
|---|---|
| Fixed Income | 96.41 |
| Cash and Cash Equivalent | 3.59 |
| Name | Percent |
|---|---|
| North America | 99.31 |
| Europe | 0.69 |
| Name | Percent |
|---|---|
| Bank of Montreal 4.54% 18-Dec-2028 | 2.58 |
| Cash and Cash Equivalents | 1.86 |
| Toronto-Dominion Bank 5.38% 21-Oct-2027 | 1.82 |
| Bank of Nova Scotia 4.68% 01-Feb-2029 | 1.55 |
| Bank of Montreal 4.42% 17-Jul-2029 | 1.51 |
| Canada Government 1.25% 01-Jun-2030 | 1.31 |
| Royal Bank of Canada 5.23% 24-Jun-2030 | 1.28 |
| Ford Credit Canada Co 7.00% 10-Feb-2026 | 1.28 |
| North West Redwater Partnershp 4.85% 01-Jun-2034 | 1.22 |
| Coastal Gaslink Pipeline LP 4.69% 30-Sep-2029 | 1.14 |
NBI Corporate Bond Fund Investor Series
Median
Other - Cdn Corp Fixed Income
| Standard Deviation | 6.40% | 6.43% | 5.00% |
|---|---|---|---|
| Beta | 1.06% | 1.00% | 0.98% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.98% | 0.98% | 0.98% |
| Sharpe | -0.45% | -0.19% | 0.03% |
| Sortino | -0.54% | -0.42% | -0.35% |
| Treynor | -0.03% | -0.01% | 0.00% |
| Tax Efficiency | - | - | 49.39% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.36% | 6.40% | 6.43% | 5.00% |
| Beta | 1.04% | 1.06% | 1.00% | 0.98% |
| Alpha | -0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.99% | 0.98% | 0.98% | 0.98% |
| Sharpe | 1.46% | -0.45% | -0.19% | 0.03% |
| Sortino | 5.27% | -0.54% | -0.42% | -0.35% |
| Treynor | 0.08% | -0.03% | -0.01% | 0.00% |
| Tax Efficiency | 91.27% | - | - | 49.39% |
| 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) | $1,194 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC849 |
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.
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.
| Name | Start Date |
|---|---|
| National Bank Trust Inc. | 06-17-2022 |
| RP Investment Advisors | 06-10-2024 |
| Beutel Goodman & Company Ltd. | 06-10-2024 |
| Fund Manager | National Bank Investments Inc. |
|---|---|
| Advisor | National Bank Trust Inc. |
| Custodian | Natcan Trust Company |
| Registrar | Natcan Trust Company |
| Distributor | National Bank Investments |
| 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 | 1.64% |
|---|---|
| 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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