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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 (10-19-2026) |
$7.66 |
|---|---|
| Change |
-$0.06
(-0.78%)
|
As at September 30, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (January 31, 1982): 6.42%
| 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 | -1.38% | -3.31% | -1.47% | -1.43% | -1.89% | 0.23% | 4.35% | 2.72% | -0.34% | -0.91% | 0.20% | 1.20% | 1.19% | 0.69% |
| Benchmark | -1.18% | -3.03% | -1.17% | -0.88% | -1.22% | 0.70% | 4.57% | 2.98% | 0.24% | -0.47% | 0.59% | 1.71% | 1.72% | 1.20% |
| Category Average | -1.37% | -3.11% | -1.36% | -1.46% | -1.90% | 0.20% | 4.11% | 2.73% | -0.32% | -0.72% | 0.23% | 1.15% | 1.07% | 0.70% |
| Category Rank | 413 / 485 | 411 / 478 | 396 / 473 | 388 / 469 | 376 / 465 | 357 / 443 | 256 / 408 | 277 / 387 | 284 / 380 | 279 / 356 | 240 / 340 | 217 / 320 | 194 / 296 | 189 / 274 |
| Quartile Ranking | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 3 |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.64% | 0.20% | -1.30% | 0.52% | 1.55% | -2.00% | 0.07% | 1.37% | 0.46% | -1.67% | -0.30% | -1.38% |
| Benchmark | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% | -1.99% | 0.06% | 1.41% | 0.44% | -1.61% | -0.27% | -1.18% |
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 | 227/ 255 | 124/ 281 | 168/ 302 | 231/ 329 | 129/ 341 | 258/ 363 | 329/ 380 | 244/ 388 | 231/ 412 | 322/ 448 |
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 | 62.83 |
| Canadian Corporate Bonds | 32.86 |
| Foreign Corporate Bonds | 1.58 |
| Canadian Bonds - Other | 1.10 |
| Cash and Equivalents | 0.99 |
| Other | 0.64 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 99.01 |
| Cash and Cash Equivalent | 0.99 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.49 |
| Europe | 0.51 |
Top Holdings
| Name | Percent |
|---|---|
| Government of Canada 3.50% 01-Dec-2036 | 5.28 |
| Canada Government 3.25% 01-Dec-2035 | 4.51 |
| Canada Government 3.25% 01-Jun-2035 | 3.55 |
| Canada Government 2.00% 01-Jun-2032 | 3.28 |
| Canada Government 3.25% 01-Jun-2036 | 2.69 |
| Canada Government 2.75% 01-Jun-2033 | 2.60 |
| Ontario Province 2.80% 02-Jun-2048 | 2.60 |
| Canada Government 1.50% 01-Jun-2031 | 2.27 |
| Canada Government 2.50% 01-Dec-2032 | 2.23 |
| Royal Office Finance LP 5.21% 12-Nov-2032 | 1.54 |
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 | 5.19% | 6.52% | 5.55% |
|---|---|---|---|
| Beta | 0.98 | 1.08 | 1.03 |
| Alpha | 0.00 | -0.01 | -0.01 |
| Rsquared | 0.90% | 0.95% | 0.96% |
| Sharpe | 0.21 | -0.49 | -0.20 |
| Sortino | 0.45 | -0.63 | -0.52 |
| Treynor | 0.01 | -0.03 | -0.01 |
| Tax Efficiency | 74.99% | - | - |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.10% | 5.19% | 6.52% | 5.55% |
| Beta | 0.98 | 0.98 | 1.08 | 1.03 |
| Alpha | -0.01 | 0.00 | -0.01 | -0.01 |
| Rsquared | 1.00% | 0.90% | 0.95% | 0.96% |
| Sharpe | -0.99 | 0.21 | -0.49 | -0.20 |
| Sortino | -1.29 | 0.45 | -0.63 | -0.52 |
| Treynor | -0.04 | 0.01 | -0.03 | -0.01 |
| Tax Efficiency | - | 74.99% | - | - |
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) | $49 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC196 | NL | Open |
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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