(As of 11/30/2025)

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)
4.31 %
YTD Return 1.09 %
NAVPS
(12/19/2025)
$22.15
Change $0.06 / 0.28 %
Growth of $10,000 (As of November 30, 2025)
MER 0.64 %
Assets ($mil) $219.54
Rank (1Yr) 93/101
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 November 30, 2025)
Sector Allocation
(As of November 30, 2025)
Geographic Allocation
(As of November 30, 2025)
Top 10 Holdings
NameAssetSectorGeographicPercent
5yr United States Notes Index , March 26Foreign BondsFixed IncomeUnited States37.62%
US 2-year Treasury , March 26Foreign BondsFixed IncomeUnited States32.04%
US 10-year Treasury Note , March 26Foreign BondsFixed IncomeUnited States21.45%
British Pound , December 25Cash and EquivalentsCash and Cash EquivalentUnited States14.65%
Gold 100 oz , February 26OtherOtherOther14.61%
Silver , March 26OtherOtherOther9.16%
Heating oil , December 25OtherOtherOther3.91%
US Long Bond , March 26Foreign BondsFixed IncomeUnited States3.59%
Soybean Meal , January 26OtherOtherOther3.58%
Soybean , January 26OtherOtherOther2.95%

Performance Data (As of November 30, 2025)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 2.87 6.60 2.71 1.09 0.93 -0.62 3.50 -   
Benchmark 3.86 10.53 21.41 29.96 25.71 18.89 16.18 12.16
Quartile Ranking 1 2 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 - - - - -

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