(As of 10/31/2025)

NBI Liquid Alternatives ETF (NALT)

(Alternative Multi-Strategy)
FundGrade A+® Rating recipient
For more information about FundGrade click here
2022





Inception Return
(2/6/2019) 		3.93 %
YTD Return -1.73 %
NAVPS
(11/19/2025) 		$21.72
Change ($0.06) / -0.27 %
Growth of $10,000 (As of October 31, 2025)
MER 0.64 %
Assets ($mil) $327.85
Rank (1Yr) 95/97
Std Dev (3Yr) 8.86 %
Volatility Ranking (3Yr) 3/10
RRSP Eligibility Yes
Load No Load
Max Front End -
Max Back End -
Sales Status Open
 
Objective
The NBI Liquid Alternatives ETF’s investment objective is to provide a positive return while maintaining low correlation to, and lower volatility than, the return of the global equity markets. The NBI Liquid Alternatives ETF will aim to achieve this investment objective regardless of prevailing market conditions or general market direction.
Fund Manager

National Bank Investments Inc.

Portfolio Manager

National Bank Trust Inc.

Sub-Advisor
-
 
Asset Allocation
(As of October 31, 2025)
Sector Allocation
(As of October 31, 2025)
Geographic Allocation
(As of October 31, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
5yr United States Notes Index , December 25Foreign BondsFixed IncomeUnited States37.52%
US 2-year Treasury , December 25Foreign BondsFixed IncomeUnited States29.49%
US 10-year Treasury Note , December 25Foreign BondsFixed IncomeUnited States26.12%
3 Months SOFR FUT , December 25Cash and EquivalentsCash and Cash EquivalentUnited States20.82%
Canadian Dollar , December 25Cash and EquivalentsCash and Cash EquivalentUnited States15.42%
Gold 100 oz , December 25OtherOtherOther13.51%
British Pound , December 25Cash and EquivalentsCash and Cash EquivalentUnited States11.35%
Silver , December 25OtherOtherOther9.99%
US Long Bond , December 25Foreign BondsFixed IncomeUnited States9.64%
Heating oil , November 25OtherOtherOther8.88%

Performance Data (As of October 31, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.63 4.10 -2.17 -1.73 -4.70 -2.11 3.47 -   
Benchmark 0.97 11.70 23.39 25.13 28.75 19.52 17.64 11.71
Quartile Ranking 3 3 4 4 4 4 4 -

Calendar Return (%) 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund -2.46 -0.46 8.58 6.67 10.45 -      -      -      -      -     
Benchmark 21.65 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08 -8.32
Quartile Ranking 4 4 1 3 2 - - - - -

Website powered by © Fundata Canada Inc.
Mutual Fund Data provided by Fundata. | View Terms and Conditions of Use.
BofA Merill Lynch Indices used with permission.
© 2025 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us.