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High Yield Fixed Income
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|
NAVPS (05-17-2024) |
$6.02 |
|---|---|
| Change |
-$0.01
(-0.17%)
|
As at April 30, 2024
As at April 30, 2024
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Inception Return (December 20, 2001): 3.86%
| 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 | -1.09% | -0.11% | 6.98% | -0.77% | 5.61% | 2.05% | -0.78% | 2.97% | 0.43% | 0.85% | 0.89% | 2.28% | 1.48% | 1.43% |
| Benchmark | 0.55% | 3.28% | 8.20% | 4.71% | 10.33% | 8.77% | 3.34% | 4.51% | 3.12% | 4.18% | 3.35% | 5.49% | 5.30% | 5.68% |
| Category Average | -0.86% | 7.34% | 7.34% | 0.69% | 6.00% | 2.76% | 0.06% | 3.64% | 1.99% | 2.27% | 2.19% | 3.05% | 2.45% | 2.45% |
| Category Rank | 246 / 294 | 262 / 294 | 233 / 294 | 279 / 294 | 210 / 288 | 238 / 285 | 230 / 276 | 218 / 269 | 241 / 262 | 223 / 243 | 208 / 230 | 180 / 196 | 172 / 185 | 165 / 169 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.93% | 0.98% | 1.04% | 0.20% | -1.71% | -0.83% | 3.92% | 3.74% | -0.66% | 0.08% | 0.91% | -1.09% |
| Benchmark | -1.13% | -0.73% | 1.08% | 2.51% | -1.32% | 1.59% | 2.42% | 0.89% | 1.39% | 1.87% | 0.83% | 0.55% |
8.34% (April 2009)
-14.73% (October 2008)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.23% | -6.25% | 14.13% | 4.48% | -5.70% | 11.92% | -0.37% | 3.42% | -11.17% | 9.55% |
| Benchmark | 8.91% | 14.93% | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% |
| Category Average | 2.69% | -2.71% | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% |
| Quartile Ranking | 4 | 4 | 2 | 3 | 4 | 2 | 4 | 3 | 4 | 2 |
| Category Rank | 149/ 166 | 166/ 178 | 58/ 195 | 134/ 223 | 229/ 235 | 69/ 260 | 242/ 268 | 157/ 270 | 225/ 279 | 130/ 288 |
14.13% (2016)
-11.17% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 91.61 |
| Cash and Equivalents | 7.02 |
| Canadian Government Bonds | 0.55 |
| Canadian Corporate Bonds | 0.40 |
| Derivatives | 0.21 |
| Other | 0.21 |
| Name | Percent |
|---|---|
| Fixed Income | 92.63 |
| Cash and Cash Equivalent | 7.01 |
| Telecommunications | 0.21 |
| Energy | 0.15 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| NBI High Yield Bond ETF (NHYB) | 99.19 |
| Cash and Cash Equivalents | 0.60 |
| Iheartmedia - Warrants Cl A | 0.21 |
NBI High Yield Bond Fund Investor Series
Median
Other - High Yield Fixed Income
| Standard Deviation | 8.45% | 9.80% | 7.99% |
|---|---|---|---|
| Beta | 0.77% | 1.02% | 0.60% |
| Alpha | -0.03% | -0.02% | -0.02% |
| Rsquared | 0.40% | 0.55% | 0.27% |
| Sharpe | -0.38% | -0.11% | 0.04% |
| Sortino | -0.54% | -0.26% | -0.20% |
| Treynor | -0.04% | -0.01% | 0.01% |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.24% | 8.45% | 9.80% | 7.99% |
| Beta | 0.57% | 0.77% | 1.02% | 0.60% |
| Alpha | 0.00% | -0.03% | -0.02% | -0.02% |
| Rsquared | 0.17% | 0.40% | 0.55% | 0.27% |
| Sharpe | 0.14% | -0.38% | -0.11% | 0.04% |
| Sortino | 0.88% | -0.54% | -0.26% | -0.20% |
| Treynor | 0.01% | -0.04% | -0.01% | 0.01% |
| Tax Efficiency | 67.29% | - | - | - |
| Start Date | December 20, 2001 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,043 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC813 |
The NBI High Yield Bond Fund aims to achieve high total income return. The fund invests primarily in high yield debt securities of foreign (U.S.A. and Western Europe) and Canadian companies such as corporate bonds with medium to long terms. The fund may also invest in convertible debentures, preferred shares and mortgage-backed securities.
The fund invests in a portfolio composed mainly of high-yield debt securities of issuers in developed markets.
| Name | Start Date |
|---|---|
| J.P. Morgan Investment Management Inc. | 06-17-2020 |
| National Bank Trust Inc. | 05-13-2022 |
| 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 | 10,000 |
| SWP Min Withdrawal | 50 |
| MER | 1.76% |
|---|---|
| Management Fee | 1.50% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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