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NBI Target 2027 Investment Grade Bond Fund Advisor Series

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Global Corp Fixed Income

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(11-14-2025) 		$10.58
Change
$0.00 (0.00%)

As at October 31, 2025

As at October 31, 2025

As at October 31, 2025

Period
Created with Highcharts 10.3.3Jul 2024Aug 2024Oct 2024Nov 2024Dec 2024Feb 2025Mar 2025May 2025Jun 2025Jul 2025Sep 2025Oct 2025Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025$9,800$10,000$10,200$10,400$10,600$10,800Period

Legend

NBI Target 2027 Investment Grade Bond Fund Advisor Series

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Fund Returns

Inception Return (June 20, 2024): 5.37%

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 0.25% 1.21% 1.72% 3.25% 4.15% - - - - - - - - -
Benchmark 0.66% 3.92% 5.93% 6.73% 8.55% 10.97% 9.69% 3.27% 1.47% 2.52% 3.81% 3.17% 2.93% 3.43%
Category Average 0.39% 2.07% 3.71% 4.91% 5.64% 8.91% 6.84% 1.75% 2.05% 2.41% 3.21% - - -
Category Rank 173 / 224 202 / 221 199 / 209 172 / 207 183 / 207 - - - - - - - - -
Quartile Ranking 4 4 4 4 4 - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-3%-2%-1%0%1%2%3%
Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 0.48% 0.39% 0.83% 0.28% 0.28% 0.10% 0.20% 0.30% 0.01% 0.38% 0.57% 0.25%
Benchmark 1.01% 0.69% 1.35% 1.09% 0.51% -2.16% -0.29% 1.53% 0.68% 0.72% 2.50% 0.66%

Best Monthly Return Since Inception

1.58% (July 2024)

Worst Monthly Return Since Inception

-0.30% (October 2024)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - -
Benchmark 15.41% 0.66% 2.08% 5.22% 5.81% 8.39% -3.78% -10.63% 6.54% 10.41%
Category Average - - - - 9.03% 6.89% 0.56% -10.54% 7.62% 5.63%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 77.12
Canadian Government Bonds 22.12
Cash and Equivalents 0.77

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 99.23
Cash and Cash Equivalent 0.77

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Ontario Province 1.05% 08-Sep-2027 7.25
Canadian Imperial Bank Commrce 2.25% 07-Jan-2027 6.41
North West Redwater Partnershp 2.80% 01-Mar-2027 5.87
Bank of Nova Scotia 1.40% 01-Nov-2027 4.96
Verizon Communications Inc 2.38% 22-Jan-2028 4.67
Royal Bank of Canada 2.33% 28-Jan-2027 4.60
Canadian Pacific Railway Co 2.54% 28-Dec-2027 4.56
Alectra Inc 2.49% 17-Feb-2027 4.36
Prince Edward Island Province 1.20% 11-Feb-2028 3.94
PSP Capital Inc 1.50% 15-Mar-2028 3.93

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 0.76% - - -
Beta 0.11% - - -
Alpha 0.03% - - -
Rsquared 0.34% - - -
Sharpe 1.67% - - -
Sortino 3.69% - - -
Treynor 0.11% - - -
Tax Efficiency - - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A91.7​91.776.7​76.70%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A81.1​81.175.4​75.40%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A91.3​91.376.5​76.50%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A93.8​93.879.2​79.20%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date June 20, 2024
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $72

Fund Codes

FundServ Code Load Code Sales Status
NBC9627

Investment Objectives

The NBI Target 2027 Investment Grade Bond Fund’s investment objective is to provide current income and preserve capital over a predetermined time period. The fund invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of investment-grade bonds of North American companies with an effective maturity in 2027.

Investment Strategy

In order to achieve its investment objective, the fund invests in in a portfolio comprised primarily of investment-grade bonds of North American companies with an effective maturity in 2027. As bonds reach maturity, the fund will transition the portfolio to cash and cash equivalents and it is expected that the portfolio will consist primarily of cash and cash equivalents by the 2027 Termination Date.

Portfolio Management

Portfolio Manager

National Bank Trust Inc.
Sub-Advisor

AlphaFixe Capital Inc.

  • Sébastien Rhéaume
  • Michel Bourque
  • Simon Senécal
  • Diane Favreau
  • Julie Prémont

Management and Organization

Fund Manager

National Bank Trust Inc.
Custodian

-
Registrar

-
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal 50

Fees

MER 0.80%
Management Fee 0.65%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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