Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

NBI SmartBeta Low Volatility Canadian Equity Fund Investor Series

  • Premium Feature Only
Add to My Watchlist

Canadian Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(09-17-2025) 		$17.84
Change
$0.02 (0.11%)

As at August 31, 2025

As at August 31, 2025

As at August 31, 2025

Period
Created with Highcharts 10.3.3Jul 2023Jul 2025Oct 2022Jan 2023Apr 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Mar 2016Jul 2017Nov 2018Mar 2020Jul 2021Nov 2022Mar 2024Jul 2025J…$10,000$15,000$9,000$11,000$12,000$13,000$14,000Period

Legend

NBI SmartBeta Low Volatility Canadian Equity Fund Investor Series

Compare Options

Fund Returns

Inception Return (October 30, 2015): 8.60%

Fund Returns
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 1.42% 3.47% 10.29% 13.87% 17.16% 17.97% 11.84% 7.97% 9.42% 9.10% 9.42% 8.50% 7.99% -
Benchmark 4.96% 9.85% 14.09% 17.59% 25.86% 22.26% 17.49% 11.88% 14.98% 13.03% 11.75% 11.54% 11.06% 10.82%
Category Average 3.52% 7.30% 11.34% 14.12% 20.11% 18.38% 14.26% 9.95% 13.29% 11.03% 9.60% 9.47% 8.97% 8.84%
Category Rank 735 / 764 709 / 748 489 / 742 455 / 738 595 / 723 464 / 702 634 / 682 522 / 617 556 / 577 483 / 539 338 / 499 372 / 464 362 / 434 -
Quartile Ranking 4 4 3 3 4 3 4 4 4 4 3 4 4 -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 2.87% -0.25% 2.35% -2.03% 0.00% 3.24% 0.74% 2.39% 3.35% 1.04% 0.97% 1.42%
Benchmark 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91% 1.69% 4.96%

Best Monthly Return Since Inception

12.24% (April 2020)

Worst Monthly Return Since Inception

-15.13% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - 12.50% 8.36% -7.69% 21.40% 4.82% 16.79% -5.97% 6.84% 17.61%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking - 4 2 2 2 2 4 3 4 3
Category Rank - 364/ 406 143/ 448 144/ 474 226/ 520 225/ 546 560/ 581 423/ 649 633/ 686 468/ 713

Best Calendar Return (Last 10 years)

21.40% (2019)

Worst Calendar Return (Last 10 years)

-7.69% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 99.44
Income Trust Units 0.29
Cash and Equivalents 0.24
Other 0.03

Sector Allocation

Sector Allocation
Name Percent
Utilities 21.32
Consumer Services 19.94
Financial Services 18.97
Telecommunications 10.18
Energy 6.98
Other 22.61

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.92
Latin America 0.06
Other 0.02

Top Holdings

Top Holdings
Name Percent
BMO Low Volatility Canadian Equity ETF (ZLB) 4.29
Quebecor Inc Cl B 4.07
Fortis Inc 3.86
Emera Inc 3.72
Hydro One Ltd 3.66
Loblaw Cos Ltd 3.43
Telus Corp 3.09
Empire Co Ltd Cl A 3.08
Metro Inc 2.97
Great-West Lifeco Inc 2.62

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return68101214161820220%5%10%15%20%25%30%35%

NBI SmartBeta Low Volatility Canadian Equity Fund Investor Series

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 8.87% 9.15% -
Beta 0.59% 0.57% -
Alpha 0.02% 0.01% -
Rsquared 0.68% 0.64% -
Sharpe 0.86% 0.75% -
Sortino 1.65% 1.14% -
Treynor 0.13% 0.12% -
Tax Efficiency 95.82% 91.26% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.56% 8.87% 9.15% -
Beta 0.27% 0.59% 0.57% -
Alpha 0.10% 0.02% 0.01% -
Rsquared 0.25% 0.68% 0.64% -
Sharpe 2.34% 0.86% 0.75% -
Sortino 5.57% 1.65% 1.14% -
Treynor 0.48% 0.13% 0.12% -
Tax Efficiency 99.06% 95.82% 91.26% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A21.5​21.541.1​41.10%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A28.6​28.644.2​44.20%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A15.5​15.537.0​37.00%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A10.8​10.836.7​36.70%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date October 30, 2015
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $317

Fund Codes

FundServ Code Load Code Sales Status
NBC896

Investment Objectives

The NBI SmartBeta Canadian Equity Fund's investment objective is to provide long-term capital growth. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of equity securities of Canadian companies that are selected using quantitative analysis of risk factors.

Investment Strategy

The fund invests in a portfolio composed mainly of common shares of Canadian large capitalization companies. The fund may also invest in: common shares of Canadian small and medium capitalization companies; securities convertible into common shares, including rights and warrants; common shares of foreign companies. The portfolio sub-advisor may choose to invest up to 10% of the net assets of the fund in underlying funds (including exchange-traded funds) managed by the manager or third parties.

Portfolio Management

Portfolio Manager

National Bank Trust Inc.
Sub-Advisor

-

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 2.11%
Management Fee 1.75%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info