Try Fund Library Premium
For Free with a 30 day trial!
Floating Rate Loan
|
NAVPS (04-09-2025) |
$9.90 |
|---|---|
| Change |
$0.02
(0.20%)
|
As at March 31, 2025
As at March 31, 2025
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 | 3.62% | 5.90% | 6.91% | 5.90% | 14.11% | 12.98% | 11.53% | 7.85% | 9.36% | 5.84% | 4.68% | 5.30% | 5.75% | 5.67% |
| Category Average | -0.99% | -0.52% | 1.60% | -0.52% | 4.25% | 6.62% | 4.15% | 3.53% | 5.95% | 3.02% | 2.95% | 3.09% | 3.71% | 2.99% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 0.84% | 1.58% | -0.30% | 2.37% | 0.46% | 1.62% | 0.99% | -1.53% | 1.52% | 1.61% | 0.58% | 3.62% |
-
-
| 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 | 64.15 |
| Cash and Equivalents | 30.39 |
| Canadian Corporate Bonds | 5.10 |
| Foreign Bonds - Funds | 0.34 |
| Foreign Bonds - Other | 0.01 |
| Other | 0.01 |
| Name | Percent |
|---|---|
| Fixed Income | 69.59 |
| Cash and Cash Equivalent | 30.39 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| North America | 99.98 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 7.94 |
| Core & Main LP 6.27% 10-Feb-2031 | 3.84 |
| Go Daddy Operating Co LLC 6.08% 31-Mar-2025 | 3.64 |
| Aramark Services Inc. 6.33% 15-Jan-2027 | 3.63 |
| SS&C Technologies Inc. 6.32% 09-May-2031 | 3.52 |
| Zelis Payments 7.58% 27-Oct-2031 | 3.29 |
| First Trust Senior Loan ETF (FTSL) | 3.28 |
| SPDR Blackstone Senior Loan ETF (SRLN) | 3.27 |
| Invesco Senior Loan ETF (BKLN) | 3.27 |
| Charter Communications Operating LLC 6.56% 24-Nov-2031 | 3.07 |
| 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) | $98 |
| 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
| Portfolio Manager |
National Bank Trust Inc. |
|---|---|
| Sub-Advisor |
AlphaFixe Capital Inc. |
| Fund Manager |
National Bank Investments Inc. |
|---|---|
| Custodian |
Natcan Trust Company |
| Registrar |
Natcan Trust Company |
| Distributor |
National Bank Investments Inc. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 1.51% |
|---|---|
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
