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NBI Non-Traditional Fixed Income Private Portfolio Series N

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Multi-Sector Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-25-2025) 		$10.04
Change
$0.00 (0.00%)

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2016Sep 2016May 2017Jan 2018Sep 2018May 2019Jan 2020Sep 2020May 2021Jan 2022Sep 2022May 2023Jan 2024Sep 2024May 2025Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2016May 2017Sep 2018Jan 2020May 2021Sep 2022Jan 2024$10,000$11,000$12,000$13,000$9,000$14,000$9,500$10,500$11,500$12,500Period

Legend

NBI Non-Traditional Fixed Income Private Portfolio Series N

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Fund Returns

Inception Return (October 30, 2015): 2.90%

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 1.41% 2.45% 3.00% 3.00% 7.04% 7.45% 6.20% 1.97% 3.37% 2.83% 3.19% 2.77% 2.84% -
Benchmark 1.36% -0.99% 1.81% 1.81% 9.27% 8.23% 6.85% 1.47% 0.26% 1.58% 2.25% 2.26% 2.20% 3.08%
Category Average 1.33% 1.67% 2.91% 2.91% 6.01% 5.51% - - - - - - - -
Category Rank 110 / 318 12 / 318 106 / 313 106 / 313 111 / 299 85 / 289 106 / 288 97 / 270 79 / 251 89 / 236 73 / 219 75 / 194 83 / 169 -
Quartile Ranking 2 1 2 2 2 2 2 2 2 2 2 2 2 -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.30% 0.84% 1.23% -0.69% 1.23% -1.01% 1.22% 0.22% -0.89% -0.29% 1.31% 1.41%
Benchmark 3.56% -0.33% 1.97% 0.33% 0.96% 0.67% 1.41% 1.02% 0.37% -1.88% -0.45% 1.36%

Best Monthly Return Since Inception

5.76% (April 2020)

Worst Monthly Return Since Inception

-11.45% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - 3.80% 3.45% -2.12% 9.16% 4.47% 2.04% -9.33% 9.14% 6.02%
Benchmark 16.14% 1.29% 1.23% 6.50% 4.01% 7.35% -4.31% -10.27% 5.25% 9.76%
Category Average - - - - - - - - - 3.89%
Quartile Ranking - 4 3 3 2 3 2 3 1 2
Category Rank - 105/ 134 95/ 181 148/ 207 77/ 228 148/ 250 79/ 263 163/ 271 37/ 289 127/ 298

Best Calendar Return (Last 10 years)

9.16% (2019)

Worst Calendar Return (Last 10 years)

-9.33% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 32.80
International Equity 23.03
Foreign Government Bonds 16.16
Foreign Bonds - Funds 9.99
Cash and Equivalents 8.71
Other 9.31

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 67.10
Mutual Fund 23.02
Cash and Cash Equivalent 8.72
Exchange Traded Fund 0.72
Financial Services 0.31
Other 0.13

Geographic Allocation

Geographic Allocation
Name Percent
North America 71.95
Multi-National 10.34
Europe 10.14
Asia 3.60
Latin America 2.62
Other 1.35

Top Holdings

Top Holdings
Name Percent
NBI Unconstrained Fixed Income Fund O Series 32.57
Purpose Structured Equity Yield Portfolio II 23.02
NBI High Yield Bond Fund O Series 10.07
RP Strategic Income Plus Fund Class A 9.99
Manulife Strategic Income Fund Series I 7.51
NBI Global Tactical Bond Fund O Series 7.48
NBI Sustainable Global Bond Fund Series O 7.47
NBI Floating Rate Income Fund O Series 1.99
Cash and Cash Equivalents -0.09

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return3456789101112-2%0%2%4%6%8%10%12%

NBI Non-Traditional Fixed Income Private Portfolio Series N

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 6.19% 5.81% -
Beta 0.66% 0.44% -
Alpha 0.02% 0.03% -
Rsquared 0.32% 0.23% -
Sharpe 0.36% 0.17% -
Sortino 0.91% 0.12% -
Treynor 0.03% 0.02% -
Tax Efficiency 77.84% 67.59% -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.72% 6.19% 5.81% -
Beta 0.44% 0.66% 0.44% -
Alpha 0.03% 0.02% 0.03% -
Rsquared 0.31% 0.32% 0.23% -
Sharpe 0.95% 0.36% 0.17% -
Sortino 1.93% 0.91% 0.12% -
Treynor 0.08% 0.03% 0.02% -
Tax Efficiency 84.66% 77.84% 67.59% -

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 Monthly
Assets ($mil) $2,476

Fund Codes

FundServ Code Load Code Sales Status
NBC248

Investment Objectives

The NBI Non-Traditional Fixed Income Private Portfolio's investment objective is to provide current income while focusing on capital preservation. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of fixed-income securities of issuers around the world selected using different non-traditional investment strategies.

Investment Strategy

The fund invests up to 100% of its net assets in mutual fund securities (including exchange-traded funds) that provide exposure to: bonds guaranteed or issued by different levels of government around the world; investment-grade corporate bonds of companies located in developed or emerging countries; high-yield bonds; agency securities; floating-rate debt securities, including senior and second lien floating-rate loans; asset-backed and mortgage-backed securities; convertible debt securities.

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 100
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 50

Fees

MER 0.92%
Management Fee 0.60%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.51%
Trailer Fee Max (LL) -

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