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Cdn Short Term Fixed Inc
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2024, 2018
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|
NAVPS (04-04-2025) |
$9.62 |
|---|---|
| Change |
-$0.05
(-0.52%)
|
As at February 28, 2025
As at February 28, 2025
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Inception Return (January 08, 2014): 2.29%
| 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 | 0.17% | 1.49% | 3.60% | 0.75% | 8.39% | 7.49% | 4.54% | 3.65% | 3.95% | 3.46% | 2.70% | 2.74% | 3.50% | 2.39% |
| Benchmark | 0.52% | 1.82% | 3.29% | 1.36% | 7.24% | 5.75% | 2.92% | 1.88% | 2.03% | 2.34% | 2.39% | 2.05% | 1.98% | 1.86% |
| Category Average | 0.42% | 1.36% | 2.81% | 1.14% | 6.28% | 5.22% | 2.56% | 1.53% | 1.74% | 1.96% | 1.92% | 1.65% | 1.64% | 1.39% |
| Category Rank | 316 / 331 | 191 / 330 | 74 / 318 | 272 / 330 | 16 / 305 | 13 / 263 | 12 / 251 | 9 / 237 | 7 / 228 | 13 / 218 | 62 / 204 | 21 / 188 | 9 / 181 | 36 / 169 |
| Quartile Ranking | 4 | 3 | 1 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.11% | 0.78% | 0.77% | 0.35% | 1.09% | 0.45% | 0.87% | 0.34% | 0.86% | 0.74% | 0.58% | 0.17% |
| Benchmark | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% | 0.48% | 0.46% | 0.83% | 0.52% |
3.92% (April 2020)
-9.03% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.69% | 3.06% | 4.55% | -3.05% | 3.74% | 2.43% | 4.53% | -4.92% | 6.79% | 9.89% |
| Benchmark | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% |
| Category Average | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% |
| Quartile Ranking | 4 | 1 | 1 | 4 | 2 | 4 | 1 | 3 | 1 | 1 |
| Category Rank | 162/ 165 | 23/ 178 | 7/ 183 | 201/ 203 | 60/ 217 | 204/ 227 | 4/ 233 | 184/ 247 | 13/ 260 | 13/ 280 |
9.89% (2024)
-4.92% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 73.83 |
| Canadian Equity | 13.02 |
| Cash and Equivalents | 10.93 |
| Canadian Bonds - Other | 1.06 |
| Foreign Corporate Bonds | 0.72 |
| Other | 0.44 |
| Name | Percent |
|---|---|
| Fixed Income | 76.05 |
| Cash and Cash Equivalent | 10.93 |
| Financial Services | 6.01 |
| Energy | 4.03 |
| Utilities | 1.82 |
| Other | 1.16 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 2.68 |
| Rogers Communications Inc 3.65% 31-Jan-2027 | 1.75 |
| Bank of America Corp 3.62% 16-Mar-2027 | 1.64 |
| Bank of Nova Scotia 4.68% 01-Feb-2029 | 1.61 |
| Canadian Imperial Bank Commrce 2.01% 21-Jul-2025 | 1.51 |
| Wells Fargo & Co 2.98% 19-May-2026 | 1.22 |
| Transcanada Pipelines Ltd 3.80% 05-Feb-2027 | 1.21 |
| Toronto-Dominion Bank 2.26% 07-Jan-2027 | 1.21 |
| Bell Canada 3.80% 21-May-2028 | 1.19 |
| Federation Csses Desjardins Qc 2.86% 26-May-2025 | 1.18 |
NBI Floating Rate Income Fund Advisor Series / DSC
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 3.00% | 5.40% | 4.44% |
|---|---|---|---|
| Beta | 0.62% | 0.76% | 0.48% |
| Alpha | 0.03% | 0.02% | 0.02% |
| Rsquared | 0.34% | 0.12% | 0.04% |
| Sharpe | 0.23% | 0.31% | 0.18% |
| Sortino | 0.74% | 0.23% | -0.14% |
| Treynor | 0.01% | 0.02% | 0.02% |
| Tax Efficiency | 62.55% | 71.95% | 60.71% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.04% | 3.00% | 5.40% | 4.44% |
| Beta | 0.18% | 0.62% | 0.76% | 0.48% |
| Alpha | 0.07% | 0.03% | 0.02% | 0.02% |
| Rsquared | 0.10% | 0.34% | 0.12% | 0.04% |
| Sharpe | 3.87% | 0.23% | 0.31% | 0.18% |
| Sortino | - | 0.74% | 0.23% | -0.14% |
| Treynor | 0.22% | 0.01% | 0.02% | 0.02% |
| Tax Efficiency | 81.64% | 62.55% | 71.95% | 60.71% |
| Start Date | January 08, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $130 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC529 |
The NBI Floating Rate Income Fund’s investment objective is to generate interest income while minimizing the effects of interest-rate fluctuations. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of fixed-rate Canadian bonds (either corporate, governmental or municipal) and/or preferred shares issued by North American companies and enters into derivatives transactions to generate a floating rate of income.
In accordance with the fund’s investment objectives, the portfolio manager determines the proportion of the fund’s assets that will be managed by the portfolio sub-advisor and the proportion that it will invest in one or more underlying funds.
| Portfolio Manager |
National Bank Trust Inc. |
|---|---|
| Sub-Advisor |
Fiera Capital Corporation
|
| Fund Manager |
National Bank Investments Inc. |
|---|---|
| Custodian |
Natcan Trust Company |
| Registrar |
Natcan Trust Company |
| Distributor |
National Bank Investments Inc. |
| 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 | 1.31% |
|---|---|
| Management Fee | 1.05% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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