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Cdn Short Term Fixed Inc
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2018
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|
NAVPS (12-20-2024) |
$9.63 |
|---|---|
| Change |
$0.01
(0.10%)
|
As at November 30, 2024
As at November 30, 2024
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Inception Return (January 08, 2014): 2.20%
| 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 | 0.86% | 2.08% | 4.01% | 9.09% | 10.75% | 8.04% | 3.59% | 4.05% | 3.65% | 3.31% | 2.55% | 2.91% | 2.88% | 2.14% |
| Benchmark | 0.48% | 1.44% | 4.29% | 5.23% | 6.79% | 5.10% | 2.06% | 1.30% | 1.98% | 2.31% | 2.07% | 1.89% | 1.84% | 1.88% |
| Category Average | 0.57% | 1.44% | 3.95% | 4.94% | 6.64% | 4.84% | 1.79% | 1.14% | 1.69% | 1.97% | 1.68% | 1.54% | 1.49% | 1.37% |
| Category Rank | 21 / 324 | 36 / 321 | 204 / 312 | 13 / 280 | 6 / 280 | 9 / 261 | 23 / 247 | 4 / 234 | 8 / 228 | 16 / 217 | 51 / 202 | 16 / 183 | 13 / 178 | 50 / 165 |
| Quartile Ranking | 1 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.52% | 1.45% | 0.68% | 1.11% | 0.78% | 0.77% | 0.35% | 1.09% | 0.45% | 0.87% | 0.34% | 0.86% |
| Benchmark | 1.48% | -0.13% | 0.05% | 0.53% | -0.40% | 0.86% | 0.79% | 1.36% | 0.63% | 1.26% | -0.30% | 0.48% |
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 | - | 162/ 165 | 23/ 178 | 7/ 183 | 201/ 203 | 61/ 218 | 205/ 228 | 4/ 234 | 185/ 248 | 14/ 261 |
6.79% (2023)
-4.92% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 70.70 |
| Canadian Equity | 13.55 |
| Cash and Equivalents | 13.02 |
| Canadian Bonds - Other | 1.46 |
| Foreign Corporate Bonds | 0.78 |
| Other | 0.49 |
| Name | Percent |
|---|---|
| Fixed Income | 73.43 |
| Cash and Cash Equivalent | 13.02 |
| Financial Services | 6.14 |
| Energy | 4.42 |
| Utilities | 1.88 |
| Other | 1.11 |
| Name | Percent |
|---|---|
| North America | 100.00 |
| Name | Percent |
|---|---|
| Federation Csses Desjardins Qc 2.86% 26-May-2025 | 2.04 |
| Rogers Communications Inc 3.65% 31-Jan-2027 | 1.96 |
| Bank of America Corp 3.62% 16-Mar-2027 | 1.83 |
| Canadian Imperial Bank Commrce 2.01% 21-Jul-2025 | 1.69 |
| Cash and Cash Equivalents | 1.64 |
| Wells Fargo & Co 2.98% 19-May-2026 | 1.37 |
| Transcanada Pipelines Ltd 3.80% 05-Feb-2027 | 1.36 |
| Bank of Montreal 7.06% 31-Dec-2099 | 1.15 |
| Sun Life Financial Inc 2.58% 10-May-2027 | 1.15 |
| Sun Life Financial Inc 2.80% 21-Nov-2028 | 1.12 |
NBI Floating Rate Income Fund Advisor Series / DSC
Median
Other - Cdn Short Term Fixed Inc
| Standard Deviation | 3.13% | 5.44% | 4.46% |
|---|---|---|---|
| Beta | 0.66% | 0.71% | 0.38% |
| Alpha | 0.02% | 0.02% | 0.02% |
| Rsquared | 0.36% | 0.10% | 0.03% |
| Sharpe | 0.01% | 0.27% | 0.14% |
| Sortino | 0.27% | 0.16% | -0.21% |
| Treynor | 0.00% | 0.02% | 0.02% |
| Tax Efficiency | 57.39% | 70.69% | - |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.34% | 3.13% | 5.44% | 4.46% |
| Beta | 0.18% | 0.66% | 0.71% | 0.38% |
| Alpha | 0.09% | 0.02% | 0.02% | 0.02% |
| Rsquared | 0.09% | 0.36% | 0.10% | 0.03% |
| Sharpe | 4.29% | 0.01% | 0.27% | 0.14% |
| Sortino | - | 0.27% | 0.16% | -0.21% |
| Treynor | 0.32% | 0.00% | 0.02% | 0.02% |
| Tax Efficiency | 74.15% | 57.39% | 70.69% | - |
| 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) | $115 |
| 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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