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NBI Target 2027 Investment Grade Bond Fund Advisor Series
Global Corp Fixed Income
Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
Click for more information on Fundata’s ESG Grade.
|
NAVPS (06-19-2026) |
$10.62 |
|---|---|
| Change |
$0.00
(0.02%)
|
As at May 31, 2026
As at May 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (June 20, 2024): 4.19%
| 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 | 0.42% | 0.16% | 0.70% | 0.73% | 2.39% | - | - | - | - | - | - | - | - | - |
| Benchmark | 1.82% | -0.02% | -0.26% | 1.27% | 5.97% | 7.23% | 6.73% | 6.29% | 2.97% | 1.43% | 2.45% | 3.23% | 2.57% | 3.01% |
| Category Average | 0.66% | -0.24% | 0.78% | 1.02% | 4.32% | 5.39% | 5.59% | 4.11% | 1.77% | 2.47% | 2.67% | 2.87% | - | - |
| Category Rank | 191 / 230 | 77 / 228 | 105 / 222 | 154 / 224 | 207 / 220 | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 2 | 2 | 3 | 4 | - | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.30% | 0.01% | 0.38% | 0.57% | 0.25% | 0.16% | -0.03% | 0.33% | 0.24% | -0.39% | 0.14% | 0.42% |
| Benchmark | 1.53% | 0.68% | 0.72% | 2.50% | 0.66% | 0.01% | -1.51% | -0.21% | 1.50% | -0.67% | -1.14% | 1.82% |
Best Monthly Return Since Inception
1.58% (July 2024)
Worst Monthly Return Since Inception
-0.39% (March 2026)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | 3.38% |
| Benchmark | 0.66% | 2.08% | 5.22% | 5.81% | 8.39% | -3.78% | -10.63% | 6.54% | 10.41% | 5.13% |
| Category Average | - | - | - | 9.03% | 6.89% | 0.56% | -10.54% | 7.62% | 5.63% | 4.93% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | 4 |
| Category Rank | - | - | - | - | - | - | - | - | - | 161/ 196 |
Best Calendar Return (Last 10 years)
3.38% (2025)
Worst Calendar Return (Last 10 years)
3.38% (2025)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 73.16 |
| Canadian Government Bonds | 26.42 |
| Cash and Equivalents | 0.42 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 99.58 |
| Cash and Cash Equivalent | 0.42 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 100.00 |
Top Holdings
| Name | Percent |
|---|---|
| Ontario Province 1.05% 08-Sep-2027 | 6.45 |
| Alectra Inc 2.49% 17-Feb-2027 | 6.34 |
| Canada Government 1.25% 01-Mar-2027 | 5.91 |
| Royal Bank of Canada 2.33% 28-Jan-2027 | 5.88 |
| Energir Inc 2.10% 16-Apr-2027 | 5.30 |
| North West Redwater Partnershp 2.80% 01-Mar-2027 | 4.41 |
| Enbridge Gas Inc 2.88% 22-Nov-2027 | 4.11 |
| Toronto-Dominion Bank 2.26% 07-Jan-2027 | 4.09 |
| Saputo Inc 2.24% 07-Apr-2027 | 4.04 |
| Canadian Pacific Railway Co 2.54% 28-Dec-2027 | 3.89 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
3 Yr Annualized
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 0.87% | - | - | - |
| Beta | 0.14 | - | - | - |
| Alpha | 0.02 | - | - | - |
| Rsquared | 0.48% | - | - | - |
| Sharpe | 0.02 | - | - | - |
| Sortino | -0.84 | - | - | - |
| Treynor | 0.00 | - | - | - |
| Tax Efficiency | - | - | - | - |
Fundata ESG Metrics
Fundata ESG Score
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
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
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
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.
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) | $107 |
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.
|
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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