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Cdn Short Term Fixed Inc
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NAVPS (10-08-2024) |
$9.64 |
---|---|
Change |
$0.01
(0.10%)
|
As at September 30, 2024
As at September 30, 2024
Inception Return (January 08, 2014): 2.12%
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 | 0.87% | 2.42% | 4.37% | 7.79% | 11.70% | 7.59% | 3.15% | 4.21% | 3.56% | 2.60% | 2.51% | 2.86% | 2.87% | 2.05% |
Benchmark | 1.26% | 3.28% | 4.58% | 5.04% | 9.22% | 5.27% | 1.77% | 1.30% | 2.01% | 2.37% | 2.16% | 1.81% | 1.82% | 1.93% |
Category Average | 1.15% | 4.09% | 4.09% | 4.64% | 8.67% | 5.09% | 1.45% | 1.19% | 1.68% | 1.93% | 1.71% | 1.44% | 1.45% | 1.39% |
Category Rank | 250 / 324 | 232 / 315 | 156 / 311 | 13 / 282 | 11 / 280 | 15 / 263 | 20 / 247 | 4 / 234 | 10 / 229 | 73 / 214 | 57 / 200 | 16 / 184 | 13 / 174 | 53 / 162 |
Quartile Ranking | 4 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 2 |
Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fund | -0.16% | 2.23% | 1.52% | 1.45% | 0.68% | 1.11% | 0.78% | 0.77% | 0.35% | 1.09% | 0.45% | 0.87% |
Benchmark | 0.78% | 1.67% | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% |
3.92% (April 2020)
-9.03% (March 2020)
Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|---|---|---|
Fund | - | -3.69% | 3.06% | 4.55% | -3.05% | 3.74% | 2.43% | 4.53% | -4.92% | 6.79% |
Benchmark | 3.01% | 2.56% | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% |
Category Average | 1.73% | 0.55% | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% |
Quartile Ranking | - | 4 | 1 | 1 | 4 | 2 | 4 | 1 | 3 | 1 |
Category Rank | - | 163/ 166 | 23/ 179 | 7/ 184 | 202/ 204 | 61/ 219 | 206/ 229 | 4/ 235 | 186/ 249 | 15/ 263 |
6.79% (2023)
-4.92% (2022)
Name | Percent |
---|---|
Canadian Corporate Bonds | 72.70 |
Canadian Equity | 13.52 |
Cash and Equivalents | 11.43 |
Canadian Bonds - Other | 1.38 |
Foreign Corporate Bonds | 0.78 |
Other | 0.19 |
Name | Percent |
---|---|
Fixed Income | 75.05 |
Cash and Cash Equivalent | 11.43 |
Financial Services | 6.11 |
Energy | 4.49 |
Utilities | 1.76 |
Other | 1.16 |
Name | Percent |
---|---|
North America | 100.00 |
Name | Percent |
---|---|
Cash and Cash Equivalents | 3.03 |
Federation Csses Desjardins Qc 2.86% 26-May-2025 | 2.07 |
Rogers Communications Inc 3.65% 31-Jan-2027 | 2.00 |
Bank of America Corp 3.62% 16-Mar-2027 | 1.87 |
Canadian Imperial Bank Commrce 2.01% 21-Jul-2025 | 1.71 |
Wells Fargo & Co 2.98% 19-May-2026 | 1.39 |
Transcanada Pipelines Ltd 3.80% 05-Feb-2027 | 1.39 |
Sun Life Financial Inc 2.58% 10-May-2027 | 1.17 |
Bank of Montreal 7.06% PERP | 1.17 |
Sun Life Financial Inc 2.80% 21-Nov-2028 | 1.14 |
NBI Floating Rate Income Fund Advisor Series / DSC
Median
Other - Cdn Short Term Fixed Inc
Standard Deviation | 3.14% | 5.44% | 4.45% |
---|---|---|---|
Beta | 0.63% | 0.71% | 0.38% |
Alpha | 0.02% | 0.02% | 0.01% |
Rsquared | 0.34% | 0.10% | 0.03% |
Sharpe | -0.06% | 0.26% | 0.13% |
Sortino | 0.07% | 0.14% | -0.23% |
Treynor | 0.00% | 0.02% | 0.01% |
Tax Efficiency | 53.34% | 70.24% | - |
Volatility |
Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
---|---|---|---|---|
Standard Deviation | 2.15% | 3.14% | 5.44% | 4.45% |
Beta | 0.33% | 0.63% | 0.71% | 0.38% |
Alpha | 0.08% | 0.02% | 0.02% | 0.01% |
Rsquared | 0.12% | 0.34% | 0.10% | 0.03% |
Sharpe | 2.98% | -0.06% | 0.26% | 0.13% |
Sortino | - | 0.07% | 0.14% | -0.23% |
Treynor | 0.20% | 0.00% | 0.02% | 0.01% |
Tax Efficiency | 76.59% | 53.34% | 70.24% | - |
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) | $113 |
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.
Name | Start Date |
---|---|
Nicolas Normandeau | 04-11-2014 |
National Bank Trust Inc. | 09-23-2019 |
Fund Manager | National Bank Investments Inc. |
---|---|
Advisor | National Bank Trust Inc. |
Custodian | Natcan Trust Company |
Registrar | Natcan Trust Company |
Distributor | National Bank Investments Inc. |
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 | 1.31% |
---|---|
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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