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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
(05-01-2025) 		$9.80
Change
-$0.02 (-0.20%)

As at March 31, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Nov 2015Jul 2016Mar 2017Nov 2017Jul 2018Mar 2019Nov 2019Jul 2020Mar 2021Nov 2021Jul 2022Mar 2023Nov 2023Jul 2024Mar 2025Apr 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Oct 2024Jan 2025Nov 2015Mar 2017Jul 2018Nov 2019Mar 2021Jul 2022Nov 2023$10,000$11,000$12,000$13,000$9,000$14,000$8,500$9,500$10,500$11,500Period

Legend

NBI Non-Traditional Fixed Income Private Portfolio Series N

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Fund Returns

Inception Return (October 30, 2015): 2.71%

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 -0.89% 0.54% 0.05% 0.54% 4.89% 6.69% 2.68% 1.78% 4.75% 2.83% 2.66% 2.60% 2.73% -
Benchmark 0.37% 2.82% 4.86% 2.82% 11.12% 7.37% 5.02% 1.86% 0.83% 1.96% 2.34% 2.42% 2.69% 2.94%
Category Average -0.48% 1.23% 0.15% 1.23% 4.56% 4.63% - - - - - - - -
Category Rank 297 / 334 287 / 329 239 / 318 287 / 329 203 / 314 105 / 305 148 / 293 110 / 281 83 / 259 95 / 236 91 / 211 87 / 185 86 / 140 -
Quartile Ranking 4 4 4 4 3 2 3 2 2 2 2 2 3 -

Monthly Return

Created with Highcharts 10.3.3-2%-1%0%1%2%3%4%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -1.01% 1.07% 0.34% 2.30% 0.84% 1.23% -0.69% 1.23% -1.01% 1.22% 0.22% -0.89%
Benchmark -0.78% 0.36% 1.11% 3.56% -0.33% 1.97% 0.33% 0.96% 0.67% 1.41% 1.02% 0.37%

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 - 109/ 138 99/ 185 152/ 211 78/ 233 153/ 255 83/ 278 170/ 287 39/ 305 132/ 314

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 34.56
International Equity 23.88
Foreign Government Bonds 16.43
Foreign Bonds - Funds 10.15
Mortgages 6.02
Other 8.96

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 70.42
Mutual Fund 23.87
Cash and Cash Equivalent 5.10
Financial Services 0.33
Exchange Traded Fund 0.12
Other 0.16

Geographic Allocation

Geographic Allocation
Name Percent
North America 45.74
Multi-National 34.37
Europe 12.52
Latin America 3.01
Asia 2.91
Other 1.45

Top Holdings

Top Holdings
Name Percent
NBI Unconstrained Fixed Income Fund Adv Ser / DSC 32.31
Purpose Structured Equity Yield Portfolio II 23.87
RP Strategic Income Plus Fund Class A 10.15
NBI High Yield Bond Fund Investor Series 8.74
Manulife Strategic Income Fund Series I 8.70
NBI Global Tactical Bond Fund Investor Series 7.53
NBI Sustainable Global Bond Fund Series O 6.64
NBI Floating Rate Income Fund O Series 2.01
Cash and Cash Equivalents 0.03

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 Return345678910111213-10%-5%0%5%10%15%

NBI Non-Traditional Fixed Income Private Portfolio Series N

Median

Other - Multi-Sector Fixed Income

3 Yr Annualized

Standard Deviation 6.96% 6.33% -
Beta 0.79% 0.47% -
Alpha -0.01% 0.04% -
Rsquared 0.44% 0.21% -
Sharpe -0.14% 0.39% -
Sortino -0.02% 0.47% -
Treynor -0.01% 0.05% -
Tax Efficiency 49.37% 76.90% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.79% 6.96% 6.33% -
Beta 0.69% 0.79% 0.47% -
Alpha -0.02% -0.01% 0.04% -
Rsquared 0.49% 0.44% 0.21% -
Sharpe 0.25% -0.14% 0.39% -
Sortino 0.80% -0.02% 0.47% -
Treynor 0.01% -0.01% 0.05% -
Tax Efficiency 77.44% 49.37% 76.90% -

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) $2,283

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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