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NBI Tactical Asset Allocation Fund Advisor Series/ISC
Tactical Balanced
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-14-2026) |
$13.93 |
|---|---|
| Change |
-$0.05
(-0.37%)
|
As at July 31, 2026
As at July 31, 2026
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Fund Returns
Inception Return (May 21, 2019): 5.79%
| 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 | -1.62% | 3.25% | 4.96% | 6.42% | 14.74% | 11.22% | 10.32% | 7.84% | 4.67% | 5.91% | 5.75% | - | - | - |
| Benchmark | -1.63% | 4.77% | 7.02% | 8.13% | 13.83% | 12.24% | 13.41% | 12.14% | 7.27% | 7.65% | 8.00% | 7.67% | 7.96% | 7.56% |
| Category Average | -0.46% | 2.35% | 5.18% | 6.65% | 12.51% | 10.17% | 10.51% | 8.82% | 5.65% | 6.86% | 6.31% | 5.76% | 5.63% | 5.44% |
| Category Rank | 229 / 329 | 104 / 329 | 220 / 326 | 199 / 326 | 125 / 325 | 141 / 318 | 200 / 314 | 204 / 294 | 214 / 288 | 201 / 279 | 177 / 271 | - | - | - |
| Quartile Ranking | 3 | 2 | 3 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | - | - | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.22% | 3.86% | 1.65% | 0.62% | -0.71% | 1.39% | 3.03% | -4.45% | 3.26% | 3.68% | 1.23% | -1.62% |
| Benchmark | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% | -1.63% |
Best Monthly Return Since Inception
6.52% (April 2020)
Worst Monthly Return Since Inception
-7.06% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 7.86% | 9.73% | -11.82% | 6.09% | 9.23% | 11.87% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% | 11.73% | 10.14% |
| Quartile Ranking | - | - | - | - | 2 | 3 | 4 | 3 | 4 | 2 |
| Category Rank | - | - | - | - | 71/ 277 | 180/ 279 | 236/ 293 | 219/ 313 | 245/ 315 | 88/ 318 |
Best Calendar Return (Last 10 years)
11.87% (2025)
Worst Calendar Return (Last 10 years)
-11.82% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 39.15 |
| Canadian Equity | 24.59 |
| Canadian Bonds - Funds | 18.58 |
| International Equity | 16.04 |
| Canadian Government Bonds | 0.49 |
| Other | 1.15 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 22.93 |
| Fixed Income | 19.55 |
| Financial Services | 8.00 |
| Consumer Services | 4.38 |
| Healthcare | 4.27 |
| Other | 40.87 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 83.83 |
| Asia | 10.43 |
| Europe | 3.75 |
| Africa and Middle East | 0.95 |
| Latin America | 0.81 |
| Other | 0.23 |
Top Holdings
| Name | Percent |
|---|---|
| Global X S&P 500 Index CC ETF (HXS) | 40.15 |
| Global X S&P/TSX Capped Comp Ind CC ETF (HXCN) | 24.58 |
| Global X Canadian Select Universe Bd CC ETF (HBB) | 18.58 |
| iShares Core MSCI Emerging Markets ETF (IEMG) | 11.31 |
| iShares Core MSCI EAFE ETF (IEFA) | 4.05 |
| NBI Canadian Bond Index Fund Series O | 0.98 |
| Cash and Cash Equivalents | 0.34 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
NBI Tactical Asset Allocation Fund Advisor Series/ISC
Median
Other - Tactical Balanced
3 Yr Annualized
| Standard Deviation | 6.79% | 7.96% | - |
|---|---|---|---|
| Beta | 0.86 | 0.85 | - |
| Alpha | -0.01 | -0.01 | - |
| Rsquared | 0.83% | 0.80% | - |
| Sharpe | 0.98 | 0.24 | - |
| Sortino | 1.76 | 0.33 | - |
| Treynor | 0.08 | 0.02 | - |
| Tax Efficiency | 94.14% | 92.31% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.48% | 6.79% | 7.96% | - |
| Beta | 1.02 | 0.86 | 0.85 | - |
| Alpha | 0.01 | -0.01 | -0.01 | - |
| Rsquared | 0.92% | 0.83% | 0.80% | - |
| Sharpe | 1.40 | 0.98 | 0.24 | - |
| Sortino | 2.17 | 1.76 | 0.33 | - |
| Treynor | 0.12 | 0.08 | 0.02 | - |
| Tax Efficiency | 94.78% | 94.14% | 92.31% | - |
Fund Details
| Start Date | May 21, 2019 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $6,841 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC3438 |
Investment Objectives
The NBI Tactical Asset Allocation Fund’s investment objective is to ensure long-term capital growth. The fund primarily invests tactically, directly or through investments in securities of other mutual funds (that may include exchange-traded funds (ETFs)), in fixed-income and equity securities from around the world.
Investment Strategy
The fund invests primarily in mutual funds (that may include ETFs) that provide exposure to fixed-income and equity securities from around the world.
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 | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 2.02% |
|---|---|
| Management Fee | 1.60% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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