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NBI Target 2029 Investment Grade Bond Fund Advisor Series

Global Corp Fixed Income

NAVPS
(07-24-2025)
$10.45
Change
$0.01 (0.07%)

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2024Jul 2024Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jun 2025Jun 20…Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025May 2025$9,800$10,000$10,200$10,400$10,600$10,800Period

Legend

NBI Target 2029 Investment Grade Bond Fund Advisor Series

Compare Options


Fund Returns

Inception Return (June 20, 2024): 6.78%

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 0.23% 0.45% 2.26% 2.26% 7.40% - - - - - - - - -
Benchmark 1.53% -0.94% 2.01% 2.01% 9.40% 8.97% 7.47% 1.95% 0.74% 2.26% 2.93% 2.79% 2.77% 3.48%
Category Average 0.91% 1.07% 2.53% 2.53% 6.67% 6.55% 5.23% 1.13% 1.94% 2.32% 2.82% - - -
Category Rank 190 / 217 168 / 204 96 / 203 96 / 203 62 / 199 - - - - - - - - -
Quartile Ranking 4 4 2 2 2 - - - - - - - - -

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 2.31% 0.44% 1.85% -0.83% 0.93% 0.24% 1.04% 0.62% 0.14% -0.04% 0.26% 0.23%
Benchmark 3.42% -0.54% 2.07% 0.44% 1.01% 0.69% 1.35% 1.09% 0.51% -2.16% -0.29% 1.53%

Best Monthly Return Since Inception

2.31% (July 2024)

Worst Monthly Return Since Inception

-0.83% (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 54.81
Canadian Government Bonds 44.44
Cash and Equivalents 0.75

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 99.25
Cash and Cash Equivalent 0.75

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Ontario Province 1.55% 01-Nov-2029 12.07
CPPIB Capital Inc 1.95% 30-Sep-2029 7.88
PSP Capital Inc 2.05% 15-Jan-2030 7.57
Toronto Hydro Corp 2.43% 11-Dec-2029 6.41
Enbridge Gas Inc 2.37% 09-Aug-2029 6.03
Greater Toronto Airports Auth 2.73% 03-Apr-2029 5.82
Canadian National Railway Co 3.00% 08-Nov-2028 5.68
Ontario Power Generation Inc 2.98% 13-Jun-2029 4.84
Bell Canada 2.90% 10-Jun-2029 4.60
Pembina Pipeline Corp 3.31% 01-Feb-2030 4.59

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 2.93% - - -
Beta 0.43% - - -
Alpha 0.03% - - -
Rsquared 0.51% - - -
Sharpe 1.31% - - -
Sortino 3.75% - - -
Treynor 0.09% - - -
Tax Efficiency - - - -

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) $53

Fund Codes

FundServ Code Load Code Sales Status
NBC9629

Investment Objectives

The NBI Target 2029 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 2029.

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 2029. 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 2029 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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