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Multi-Sector Fixed Income
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|
NAVPS (07-25-2024) |
$8.99 |
|---|---|
| Change |
$0.01
(0.09%)
|
As at June 30, 2024
As at June 30, 2024
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Inception Return (May 27, 2016): -0.05%
| 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 | 1.05% | -0.32% | 0.04% | 0.04% | 2.98% | 1.64% | -2.68% | -1.83% | -0.80% | 0.06% | -0.21% | -0.21% | - | - |
| Benchmark | 1.11% | 0.68% | 2.26% | 2.26% | 7.20% | 5.67% | -1.00% | -1.87% | 0.11% | 1.12% | 1.30% | 1.35% | 2.41% | 3.23% |
| Category Average | 0.64% | 0.85% | 0.85% | 0.85% | 5.01% | - | - | - | - | - | - | - | - | - |
| Category Rank | 36 / 295 | 260 / 294 | 251 / 293 | 251 / 293 | 254 / 284 | 272 / 283 | 254 / 276 | 238 / 250 | 227 / 238 | 205 / 218 | 178 / 182 | 148 / 156 | - | - |
| Quartile Ranking | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.17% | -0.62% | -2.16% | -1.08% | 3.77% | 3.31% | 0.01% | -0.65% | 1.01% | -1.89% | 0.54% | 1.05% |
| Benchmark | 0.30% | 1.72% | -2.75% | 1.40% | 2.81% | 1.36% | 0.46% | 0.43% | 0.67% | -0.78% | 0.36% | 1.11% |
4.09% (April 2020)
-5.97% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | 2.10% | -2.96% | 6.48% | 5.39% | -3.07% | -11.77% | 5.44% |
| Benchmark | 11.01% | 16.14% | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% |
| Category Average | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | 3 | 4 | 3 | 2 | 4 | 3 | 4 |
| Category Rank | - | - | - | 117/ 168 | 178/ 204 | 146/ 234 | 123/ 248 | 263/ 266 | 207/ 276 | 216/ 284 |
6.48% (2019)
-11.77% (2022)
| Name | Percent |
|---|---|
| Foreign Government Bonds | 54.38 |
| Foreign Corporate Bonds | 24.09 |
| Mortgages | 14.52 |
| Foreign Bonds - Other | 3.89 |
| Cash and Equivalents | 2.70 |
| Other | 0.42 |
| Name | Percent |
|---|---|
| Fixed Income | 88.09 |
| Exchange Traded Fund | 9.21 |
| Cash and Cash Equivalent | 2.70 |
| Name | Percent |
|---|---|
| North America | 45.39 |
| Europe | 29.40 |
| Asia | 20.91 |
| Multi-National | 2.33 |
| Latin America | 1.52 |
| Other | 0.45 |
| Name | Percent |
|---|---|
| iShares China CNY Bond UCITS ETF USD | 9.21 |
| United States Treasury 4.00% 15-Feb-2034 | 8.47 |
| United States Treasury 4.00% 31-Jan-2029 | 4.84 |
| Korea Government 4.25% 10-Dec-2032 | 3.17 |
| Cash and Cash Equivalents | 2.57 |
| New Zealand Government 3.50% 14-Apr-2033 | 1.88 |
| Italy Government 4.40% 01-May-2033 | 1.65 |
| New Zealand Government 2.00% 15-May-2032 | 1.55 |
| Federal National Mrtgage Assoc 5.00% 01-Jul-2052 | 1.31 |
| Federal Home Loan Mrtgage Corp 3.00% 01-Jun-2052 | 1.22 |
NBI Global Tactical Bond Fund Investor Series
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 5.96% | 6.00% | - |
|---|---|---|---|
| Beta | 0.66% | 0.60% | - |
| Alpha | -0.02% | -0.01% | - |
| Rsquared | 0.56% | 0.39% | - |
| Sharpe | -0.93% | -0.45% | - |
| Sortino | -1.15% | -0.75% | - |
| Treynor | -0.08% | -0.05% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.36% | 5.96% | 6.00% | - |
| Beta | 0.95% | 0.66% | 0.60% | - |
| Alpha | -0.04% | -0.02% | -0.01% | - |
| Rsquared | 0.51% | 0.56% | 0.39% | - |
| Sharpe | -0.27% | -0.93% | -0.45% | - |
| Sortino | 0.03% | -1.15% | -0.75% | - |
| Treynor | -0.02% | -0.08% | -0.05% | - |
| Tax Efficiency | 71.24% | - | - | - |
| Start Date | May 27, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $1,068 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC331 |
The NBI Global Tactical Bond Fund’s investment objective is to generate income and capital growth, while focusing on capital preservation. To do this, the fund invests directly, or indirectly through investments in securities of other mutual funds or through the use of derivatives, in a diverse portfolio mainly composed of bonds and other foreign fixed-income securities with various maturities and credit ratings.
Applying a disciplined approach, the fund uses various active investment strategies, such as securities selection and asset allocation based on countries, duration, yield curve, currencies and sectors. These strategies are employed within a robust risk management framework.
| Name | Start Date |
|---|---|
| BNY Mellon Asset Management Canada Ltd (Mellon AM) | 09-24-2019 |
| Nate Hyde | 05-13-2022 |
| Brendan Murphy | 05-13-2022 |
| Fund Manager | National Bank Investments Inc. |
|---|---|
| Advisor | BNY Mellon Asset Management Canada Ltd (Mellon AM) |
| 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 | 1.74% |
|---|---|
| Management Fee | 1.35% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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