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Floating Rate Loan
|
NAVPS (01-24-2025) |
$10.01 |
|---|---|
| Change |
$0.00
(0.00%)
|
As at December 31, 2024
As at December 31, 2024
No data available
Inception Return (November 04, 2024): -
| 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 1.52% | 0.96% | 5.51% | 11.13% | 11.13% | 12.76% | 8.02% | 5.70% | 5.61% | 4.87% | 4.57% | 4.77% | 4.75% | 5.38% |
| Category Average | 0.42% | 2.13% | 3.66% | 6.92% | 6.92% | 8.43% | 4.01% | 4.05% | 3.18% | 3.70% | 3.21% | 3.31% | 3.87% | 3.38% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 1.33% | 1.50% | 0.28% | 0.84% | 1.58% | -0.30% | 2.37% | 0.46% | 1.62% | 0.99% | -1.53% | 1.52% |
-
-
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 11.20% | 4.59% | 6.15% | 2.81% | 1.22% | 5.27% | -0.97% | -0.86% | 14.42% | 11.13% |
| Category Average | -0.88% | 8.41% | 4.02% | 0.32% | 6.37% | -0.22% | 4.16% | -4.30% | 9.97% | 6.92% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
-
-
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 61.12 |
| Cash and Equivalents | 35.14 |
| Canadian Corporate Bonds | 3.74 |
| Foreign Bonds - Other | 0.03 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| Fixed Income | 64.89 |
| Cash and Cash Equivalent | 35.14 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| North America | 100.03 |
| Other | -0.03 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 10.80 |
| , Floating, due December 31, 2024 | 5.36 |
| Charter Communications Operating LLC 6.78% 24-Nov-2031 | 3.75 |
| Medline Borrower LP 7.01% 23-Oct-2028 | 3.60 |
| Nexstar Media Inc. 7.19% 18-Sep-2026 | 3.60 |
| Reynolds Consumer Products LLC , Floating, due December 31, 2024 | 3.60 |
| 6.60% 22-Dec-2027 | 3.59 |
| SS&C Technologies Inc. 6.36% 31-Dec-2024 | 3.59 |
| KFC Holding Co. 6.24% 15-Mar-2028 | 3.59 |
| Aramark Services Inc. 6.44% 15-Jan-2027 | 3.58 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | - | - | - | - |
| Beta | - | - | - | - |
| Alpha | - | - | - | - |
| Rsquared | - | - | - | - |
| Sharpe | - | - | - | - |
| Sortino | - | - | - | - |
| Treynor | - | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | November 04, 2024 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $81 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NBC5417 |
The NBI Senior Loan Fund’s investment objective is to generate a high level of current income. The fund invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of senior floating rate loans, which are generally rated below investment-grade, of corporate issuers located throughout the world and other floating rate debt instruments.
To achieve its investment objective, the fund invests in a portfolio comprised primarily of U.S. dollar denominated senior floating rate loans (see section Glossary for more details) of corporate issuers located throughout the world and other floating rate debt instruments. Senior floating rate loans are generally rated below investment-grade and carry credit ratings indicative of higher risk and speculative characteristics. Secured by the borrower’s assets, senior floating rate loans offer high
| Name | Start Date |
|---|---|
| AlphaFixe Capital Inc. | 10-04-2024 |
| National Bank Trust Inc. | 10-04-2024 |
| Fund Manager | National Bank Investments Inc. |
|---|---|
| Advisor | National Bank Trust Inc. |
| Custodian | - |
| Registrar | - |
| Distributor | - |
| Auditor | - |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | - |
|---|---|
| Management Fee | 1.20% |
| 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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