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NBI Income Fund Investor Series
Canadian Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-15-2026) |
$7.87 |
|---|---|
| Change |
$0.02
(0.25%)
|
As at June 30, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (January 31, 1982): 6.54%
| 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 | 0.46% | 1.90% | 1.95% | 1.95% | 2.89% | 4.37% | 3.93% | 3.70% | 0.20% | -0.26% | 0.79% | 1.50% | 1.34% | 1.13% |
| Benchmark | 0.44% | 1.92% | 2.22% | 2.22% | 3.31% | 4.56% | 4.28% | 3.90% | 0.71% | 0.15% | 1.21% | 1.96% | 1.84% | 1.64% |
| Category Average | 0.30% | 1.80% | 1.69% | 1.69% | 2.70% | 4.03% | 3.80% | 3.49% | 0.18% | -0.06% | 0.80% | 1.43% | 1.26% | 1.13% |
| Category Rank | 234 / 497 | 322 / 493 | 299 / 489 | 299 / 489 | 360 / 481 | 289 / 447 | 296 / 420 | 261 / 403 | 279 / 398 | 273 / 368 | 245 / 354 | 215 / 337 | 200 / 309 | 190 / 283 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.77% | 0.36% | 1.81% | 0.64% | 0.20% | -1.30% | 0.52% | 1.55% | -2.00% | 0.07% | 1.37% | 0.46% |
| Benchmark | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% | 0.44% |
Best Monthly Return Since Inception
6.85% (July 1992)
Worst Monthly Return Since Inception
-5.37% (March 1994)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.61% | 2.03% | 0.60% | 5.91% | 8.82% | -3.15% | -12.59% | 6.15% | 3.97% | 2.15% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% | 3.68% | 2.23% |
| Quartile Ranking | 4 | 2 | 3 | 3 | 2 | 3 | 4 | 3 | 3 | 3 |
| Category Rank | 234/ 265 | 128/ 298 | 177/ 319 | 233/ 348 | 129/ 360 | 266/ 382 | 341/ 399 | 252/ 407 | 236/ 431 | 333/ 469 |
Best Calendar Return (Last 10 years)
8.82% (2020)
Worst Calendar Return (Last 10 years)
-12.59% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 60.90 |
| Canadian Corporate Bonds | 35.00 |
| Canadian Bonds - Other | 1.33 |
| Foreign Corporate Bonds | 1.24 |
| Cash and Equivalents | 0.90 |
| Other | 0.63 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 99.10 |
| Cash and Cash Equivalent | 0.90 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.50 |
| Europe | 0.50 |
Top Holdings
| Name | Percent |
|---|---|
| Canada Government 3.25% 01-Dec-2035 | 4.44 |
| Canada Government 2.00% 01-Jun-2032 | 3.41 |
| Canada Government 3.25% 01-Jun-2035 | 3.33 |
| Canada Government 1.50% 01-Jun-2031 | 2.97 |
| Ontario Province 2.80% 02-Jun-2048 | 2.56 |
| Canada Government 3.00% 01-Jun-2034 | 1.79 |
| Canada Government 2.75% 01-Sep-2030 | 1.76 |
| Royal Office Finance LP 5.21% 12-Nov-2032 | 1.49 |
| British Columbia Province 4.25% 18-Dec-2053 | 1.35 |
| Canada Government 2.50% 01-Dec-2032 | 1.29 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
NBI Income Fund Investor Series
Median
Other - Canadian Fixed Income
3 Yr Annualized
| Standard Deviation | 5.40% | 6.49% | 5.51% |
|---|---|---|---|
| Beta | 0.99 | 1.08 | 1.03 |
| Alpha | 0.00 | -0.01 | -0.01 |
| Rsquared | 0.91% | 0.95% | 0.95% |
| Sharpe | 0.09 | -0.39 | -0.12 |
| Sortino | 0.29 | -0.53 | -0.42 |
| Treynor | 0.00 | -0.02 | -0.01 |
| Tax Efficiency | 73.11% | - | 19.41% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.93% | 5.40% | 6.49% | 5.51% |
| Beta | 0.97 | 0.99 | 1.08 | 1.03 |
| Alpha | 0.00 | 0.00 | -0.01 | -0.01 |
| Rsquared | 1.00% | 0.91% | 0.95% | 0.95% |
| Sharpe | 0.15 | 0.09 | -0.39 | -0.12 |
| Sortino | -0.03 | 0.29 | -0.53 | -0.42 |
| Treynor | 0.01 | 0.00 | -0.02 | -0.01 |
| Tax Efficiency | 63.33% | 73.11% | - | 19.41% |
Fund Details
| Start Date | January 31, 1982 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $52 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC196 |
Investment Objectives
The NBI Income Fund aims to achieve a reasonably high return (higher than that for five-year guaranteed investment certificates) and income for the investor by investing mainly in fixed-income securities. The fund invests primarily in Canadian (federal and provincial) government bonds and investment grade corporate bonds.
Investment Strategy
The fund may invest in: Canadian and provincial government bonds with medium or long terms, foreign government bonds, municipal bonds, Canadian and foreign corporate bonds, asset-backed and mortgage-backed securities. The portfolio sub-advisor may choose to invest approximately 40% of the net assets of the fund in securities of underlying mutual funds (including exchange-traded funds) managed by the manager or by third parties.
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 | 10,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.11% |
|---|---|
| Management Fee | 1.00% |
| 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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