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Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-28-2025) |
$8.11 |
|---|---|
| Change |
$0.01
(0.12%)
|
As at July 31, 2025
As at July 31, 2025
Inception Return (November 28, 2016): 0.99%
| 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 | -0.20% | 1.38% | 2.28% | 2.93% | 3.36% | 3.49% | 2.68% | -0.04% | 1.01% | 1.14% | 1.76% | 1.08% | - | - |
| Benchmark | 0.41% | 1.33% | 0.81% | 2.23% | 5.95% | 8.29% | 6.28% | 1.11% | -0.07% | 1.57% | 2.40% | 2.59% | 2.05% | 2.68% |
| Category Average | 0.16% | 2.00% | 2.33% | 3.08% | 4.33% | 5.33% | - | - | - | - | - | - | - | - |
| Category Rank | 307 / 322 | 269 / 318 | 120 / 318 | 156 / 313 | 256 / 300 | 269 / 289 | 259 / 289 | 221 / 270 | 177 / 254 | 188 / 236 | 163 / 219 | 164 / 194 | - | - |
| Quartile Ranking | 4 | 4 | 2 | 2 | 4 | 4 | 4 | 4 | 3 | 4 | 3 | 4 | - | - |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.82% | 1.19% | -1.77% | 1.20% | -0.97% | 0.63% | 0.91% | -0.79% | 0.78% | 0.27% | 1.30% | -0.20% |
| Benchmark | -0.33% | 1.97% | 0.33% | 0.96% | 0.67% | 1.41% | 1.02% | 0.37% | -1.88% | -0.45% | 1.36% | 0.41% |
3.85% (November 2023)
-8.57% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -0.09% | -5.18% | 8.88% | 4.81% | -0.64% | -6.93% | 4.43% | 1.35% |
| 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 | 4 | 2 | 3 | 3 | 2 | 4 | 4 |
| Category Rank | - | - | 160/ 181 | 198/ 207 | 87/ 228 | 133/ 250 | 197/ 263 | 72/ 271 | 255/ 289 | 273/ 298 |
8.88% (2019)
-6.93% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 59.61 |
| Foreign Government Bonds | 17.62 |
| Cash and Equivalents | 12.10 |
| Mortgages | 9.46 |
| US Equity | 0.64 |
| Other | 0.57 |
| Name | Percent |
|---|---|
| Fixed Income | 87.65 |
| Cash and Cash Equivalent | 12.10 |
| Financial Services | 0.61 |
| Energy | 0.03 |
| Healthcare | 0.02 |
| Name | Percent |
|---|---|
| North America | 71.84 |
| Europe | 15.59 |
| Latin America | 7.35 |
| Africa and Middle East | 2.74 |
| Asia | 1.48 |
| Other | 1.00 |
| Name | Percent |
|---|---|
| NBI Unconstrained Fixed Income ETF (NUBF) | 99.49 |
| Cash and Cash Equivalents | 0.50 |
| Noble Corp (Cayman Island) | 0.01 |
| WTS-NOBLE CORP 2 | 0.00 |
NBI Unconstrained Fixed Income Fund Investor Series
Median
Other - Multi-Sector Fixed Income
| Standard Deviation | 4.90% | 4.73% | - |
|---|---|---|---|
| Beta | 0.56% | 0.38% | - |
| Alpha | -0.01% | 0.01% | - |
| Rsquared | 0.36% | 0.24% | - |
| Sharpe | -0.25% | -0.30% | - |
| Sortino | -0.07% | -0.53% | - |
| Treynor | -0.02% | -0.04% | - |
| Tax Efficiency | 11.86% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.45% | 4.90% | 4.73% | - |
| Beta | 0.17% | 0.56% | 0.38% | - |
| Alpha | 0.02% | -0.01% | 0.01% | - |
| Rsquared | 0.03% | 0.36% | 0.24% | - |
| Sharpe | 0.05% | -0.25% | -0.30% | - |
| Sortino | 0.14% | -0.07% | -0.53% | - |
| Treynor | 0.01% | -0.02% | -0.04% | - |
| Tax Efficiency | 57.70% | 11.86% | - | - |
| Start Date | November 28, 2016 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $2,661 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC305 |
The NBI Unconstrained Fixed Income Fund’s investment objective is to maximize total return, consistent with preservation of capital. The fund invests, directly or indirectly through investments in securities of other mutual funds or through the use of derivatives, in a diversified portfolio composed mainly of fixed-income securities of issuers located throughout the world with various maturities and credit ratings.
The fund seeks to achieve its objective by managing portfolio duration, credit risk, and volatility. The fund has significant latitude to pursue opportunities across the fixed-income spectrum, and is not managed or compared to any specific index. The fund has the flexibility to invest across different sectors, credit ratings, maturities and geographic regions, including moving between sectors or across credit risk, and may have long, short or negative duration.
| Portfolio Manager |
National Bank Trust Inc. |
|---|---|
| Sub-Advisor |
J.P. Morgan Investment Management Inc.
|
| Fund Manager |
National Bank Investments Inc. |
|---|---|
| Custodian |
Natcan Trust Company |
| Registrar |
Natcan Trust Company |
| Distributor |
National Bank Investments Inc. |
| 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 |
| MER | 1.53% |
|---|---|
| Management Fee | 1.25% |
| 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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