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Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-23-2025) |
$12.90 |
|---|---|
| Change |
$0.03
(0.23%)
|
As at June 30, 2025
As at June 30, 2025
Inception Return (May 19, 2017): 4.28%
| 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 | 1.50% | 3.04% | 3.29% | 3.29% | 8.79% | 8.70% | 8.60% | 3.15% | 5.38% | 4.83% | 4.65% | 4.50% | - | - |
| Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
| Category Average | 1.87% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.12% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
| Category Rank | 1,375 / 1,816 | 697 / 1,771 | 1,025 / 1,769 | 1,025 / 1,769 | 1,419 / 1,749 | 1,405 / 1,681 | 1,269 / 1,621 | 1,204 / 1,478 | 1,048 / 1,352 | 965 / 1,295 | 853 / 1,165 | 773 / 1,039 | - | - |
| Quartile Ranking | 4 | 2 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.61% | 0.25% | 1.72% | -0.80% | 2.51% | -1.00% | 2.33% | 0.00% | -2.04% | -1.04% | 2.59% | 1.50% |
| Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
7.03% (April 2020)
-8.95% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | -4.31% | 12.04% | 8.82% | 8.62% | -12.42% | 10.09% | 9.56% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | - | - | - | 3 | 3 | 2 | 3 | 3 | 2 | 4 |
| Category Rank | - | - | - | 817/ 1,115 | 809/ 1,235 | 485/ 1,326 | 806/ 1,412 | 1,131/ 1,554 | 725/ 1,660 | 1,541/ 1,714 |
12.04% (2019)
-12.42% (2022)
| Name | Percent |
|---|---|
| International Equity | 18.35 |
| US Equity | 17.44 |
| Canadian Equity | 15.23 |
| Canadian Government Bonds | 13.94 |
| Canadian Corporate Bonds | 13.59 |
| Other | 21.45 |
| Name | Percent |
|---|---|
| Fixed Income | 44.17 |
| Technology | 11.24 |
| Financial Services | 9.36 |
| Exchange Traded Fund | 4.62 |
| Consumer Services | 4.21 |
| Other | 26.40 |
| Name | Percent |
|---|---|
| North America | 75.93 |
| Europe | 10.46 |
| Asia | 7.69 |
| Multi-National | 3.93 |
| Latin America | 1.39 |
| Other | 0.60 |
| Name | Percent |
|---|---|
| NBI Sustainable Canadian Bond ETF (NSCB) | 11.62 |
| NBI Tactical Asset Allocation Fund Series O | 10.10 |
| NBI Bond Fund O Series | 9.94 |
| NBI U.S. Equity Private Portfolio Series O | 9.49 |
| NBI Corporate Bond Fund Series O | 7.96 |
| NBI Unconstrained Fixed Income Fund O Series | 6.86 |
| NBI Global Tactical Bond Fund O Series | 6.66 |
| NBI SmartData U.S. Equity Fund Series O | 4.12 |
| NBI Diversified Emerging Markets Equity Fd O | 4.12 |
| NBI Canadian All Cap Equity Fund O Series | 3.55 |
NBI Moderate Portfolio Investor Series
Median
Other - Global Neutral Balanced
| Standard Deviation | 7.66% | 7.78% | - |
|---|---|---|---|
| Beta | 0.93% | 0.91% | - |
| Alpha | -0.03% | -0.01% | - |
| Rsquared | 0.90% | 0.89% | - |
| Sharpe | 0.60% | 0.39% | - |
| Sortino | 1.27% | 0.49% | - |
| Treynor | 0.05% | 0.03% | - |
| Tax Efficiency | 93.42% | 91.10% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.83% | 7.66% | 7.78% | - |
| Beta | 0.82% | 0.93% | 0.91% | - |
| Alpha | -0.01% | -0.03% | -0.01% | - |
| Rsquared | 0.88% | 0.90% | 0.89% | - |
| Sharpe | 0.90% | 0.60% | 0.39% | - |
| Sortino | 1.81% | 1.27% | 0.49% | - |
| Treynor | 0.06% | 0.05% | 0.03% | - |
| Tax Efficiency | 97.45% | 93.42% | 91.10% | - |
| Start Date | May 19, 2017 |
|---|---|
| Instrument Type | Mutual Fund (Wrap Program) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $3,573 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC923 |
The NBI Moderate Portfolio’s investment objective is to ensure a high level of current income and long-term capital appreciation. To do this, it invests primarily in a diverse mix of mutual funds (that may include exchange-traded funds (“ETFs”)) that are fixed-income funds and equity funds.
The target weighting for each asset class in which the fund invests under normal market conditions is the following: 37.50% - 52.50% of its net assets in Canadian and global equity securities; 47.50% - 62.50% of its net asset in Canadian and global fixed-income securities. Up to 100% of the fund’s investments in equity securities and fixed-income securities can be in foreign securities.
| Portfolio Manager |
National Bank Trust Inc. |
|---|---|
| Sub-Advisor |
- |
| 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 | 2.06% |
|---|---|
| Management Fee | 1.60% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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