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NBI Tactical Asset Allocation Fund Advisor Series/ISC

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Tactical Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(07-21-2025) 		$12.11
Change
$0.01 (0.08%)

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Nov 2019May 2020Nov 2020May 2021Nov 2021May 2022Nov 2022May 2023Nov 2023May 2024Nov 2024May 2025Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025May 2020May 2021May 2022May 2023May 2024May 2025Ma…$9,000$10,000$11,000$12,000$13,000$14,000$10,500$11,500$12,500Period

Legend

NBI Tactical Asset Allocation Fund Advisor Series/ISC

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Fund Returns

Inception Return (May 21, 2019): 4.31%

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 1.77% 2.73% 2.82% 2.82% 9.65% 7.58% 6.80% 2.13% 4.60% 4.24% - - - -
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 1.95% 3.24% 3.79% 3.79% 10.18% 9.85% 8.92% 4.06% 6.24% 5.27% 4.87% 4.65% 4.89% 4.35%
Category Rank 163 / 322 164 / 321 192 / 318 192 / 318 183 / 318 246 / 313 252 / 312 259 / 306 235 / 296 207 / 288 - - - -
Quartile Ranking 3 3 3 3 3 4 4 4 4 3 - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.64% 0.09% 2.30% -0.26% 3.04% -1.26% 2.22% -0.17% -1.92% -1.45% 2.42% 1.77%
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%

Best Monthly Return Since Inception

6.52% (April 2020)

Worst Monthly Return Since Inception

-7.06% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - 7.86% 9.73% -11.82% 6.09% 9.23%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35% 11.73%
Quartile Ranking - - - - - 2 3 4 3 4
Category Rank - - - - - 78/ 295 184/ 297 250/ 311 228/ 312 241/ 314

Best Calendar Return (Last 10 years)

9.73% (2021)

Worst Calendar Return (Last 10 years)

-11.82% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Bonds - Other 28.53
Canadian Equity 27.75
International Equity 23.25
US Equity 17.57
Cash and Equivalents 1.26
Other 1.64

Sector Allocation

Sector Allocation
Name Percent
Exchange Traded Fund 39.41
Fixed Income 29.69
Financial Services 7.52
Technology 4.15
Consumer Goods 2.75
Other 16.48

Geographic Allocation

Geographic Allocation
Name Percent
North America 76.39
Asia 9.95
Europe 9.55
Multi-National 2.70
Africa and Middle East 0.80
Other 0.61

Top Holdings

Top Holdings
Name Percent
Global X Canadian Select Universe Bd CC ETF (HBB) 28.53
Global X S&P/TSX Capped Comp Ind CC ETF (HXCN) 19.16
Global X S&P 500 Index CC ETF (HXS) 17.55
iShares Core MSCI EAFE ETF (IEFA) 14.82
iShares Core S&P/TSX Capped Composit Idx ETF (XIC) 8.79
iShares Core MSCI Emerging Markets ETF (IEMG) 6.13
GLOBAL X MSCI EAFE INDEX ETF 2.70
NBI Canadian Bond Index Fund Series O 1.17
Cash and Cash Equivalents 1.14

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return45678910111213140%5%10%15%20%

NBI Tactical Asset Allocation Fund Advisor Series/ISC

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 6.62% 7.60% -
Beta 0.78% 0.83% -
Alpha -0.03% -0.01% -
Rsquared 0.85% 0.77% -
Sharpe 0.43% 0.30% -
Sortino 0.97% 0.33% -
Treynor 0.04% 0.03% -
Tax Efficiency 94.72% 92.77% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 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 6.23% 6.62% 7.60% -
Beta 0.89% 0.78% 0.83% -
Alpha -0.01% -0.03% -0.01% -
Rsquared 0.91% 0.85% 0.77% -
Sharpe 0.97% 0.43% 0.30% -
Sortino 1.99% 0.97% 0.33% -
Treynor 0.07% 0.04% 0.03% -
Tax Efficiency 100.00% 94.72% 92.77% -

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) $5,588

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 2.00%
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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