Inception Return
(10/18/2019)
|
1.63 %
|
|
YTD Return
|
0.97 %
|
|
NAVPS
(4/15/2025)
|
$20.84
|
|
Change
|
$0.05 / 0.25 %
|
|
|
Growth of $10,000
(As of March 31, 2025)
|
|
MER
|
0.78 %
|
|
Assets ($mil)
|
$2,549.86
|
|
Rank (1Yr)
|
288/314
|
|
Std Dev (3Yr)
|
-
|
|
Volatility Ranking (3Yr)
|
2/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
No Load
|
|
Max Front End
|
-
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
The investment objective is to maximize total return, consistent with preservation of capital. The NBI ETF invests, directly or indirectly through investments in securities of one or many other mutual funds or through the use of derivatives, in a diversified portfolio composed mainly of fixed-income securities of issuers located throughout the world with various maturities and credit ratings.
|
Fund Manager
National Bank Investments Inc.
Portfolio Manager
National Bank Trust Inc.
Sub-Advisor
Bob Michele, J.P. Morgan Investment Management Inc.
Iain Stealey, J.P. Morgan Investment Management Inc.
|
|
Asset Allocation
(As of March 31, 2025)
|
Sector Allocation
(As of March 31, 2025)
|
Geographic Allocation
(As of March 31, 2025)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Interest Rate Swap 2.16% 18-Dec-2026 | Other | Other | Other European | 13.59% |
| Interest Rate Swap 3.95% 19-Apr-2029 | Other | Other | United States | 8.34% |
| Interest Rate Swap 2.28% 18-Dec-2034 | Other | Other | Other European | 5.58% |
| Credit default swap | Other | Other | Other European | 5.35% |
| Cash and Cash Equivalents | Cash and Equivalents | Cash and Cash Equivalent | Canada | 3.76% |
| Federal National Mrtgage Assoc 4.50% 01-Aug-2052 | Other | Fixed Income | United States | 2.48% |
| Government Nationl Mrtg Assc 2 4.50% 20-Jun-2053 | Other | Fixed Income | United States | 2.37% |
| Interest Rate Swap 2.41% 18-Dec-2034 | Other | Other | Other European | 2.25% |
| Interest Rate Swap | Other | Other | United States | 2.05% |
| Credit default swap | Other | Other | Other European | 1.49% |
Performance Data
(As of March 31, 2025)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
-0.67
|
0.97
|
-0.47
|
0.97
|
3.15
|
1.45
|
3.55
|
-
|
|
Benchmark
|
0.37
|
2.82
|
4.86
|
2.82
|
11.12
|
5.02
|
0.83
|
2.94
|
|
Quartile Ranking
|
3
|
3
|
4
|
3
|
4
|
4
|
2
|
-
|
|
Calendar Return (%)
|
2024
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
|
Fund
|
2.13
|
5.74
|
-6.96
|
0.53
|
6.50
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
9.76
|
5.25
|
-10.27
|
-4.31
|
7.35
|
4.01
|
6.50
|
1.23
|
1.29
|
16.14
|
|
Quartile Ranking
|
4
|
4
|
2
|
3
|
1
|
-
|
-
|
-
|
-
|
-
|