(As of 6/30/2021)

NBI Floating Rate Income Fund Advisor Series / DSC

(Canadian Short Term Fixed Income)






FundGrade A+® Rating recipient
For more information about
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Inception Return
(1/8/2014)
1.72 %
YTD Return 3.72 %
NAVPS
(7/29/2021)
$9.85
Change $0.01 / 0.10 %
Growth of $10,000 (As of June 30, 2021)
MER 1.49 %
Assets ($mil) $135.58
Rank (1Yr) 4/276
Std Dev (3Yr) 6.71 %
Volatility Ranking (3Yr) 2/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End -
Max Back End 6.00 %
Sales Status Open
 
Objective
The National Bank Floating Rate Income Fund's investment objective is to generate interest income while minimizing the effects of interest-rate fluctuations. The Fund invests in a portfolio composed mainly of fixed-rate Canadian bonds (either corporate, governmental or municipal) and/or preferred shares issued by North-American companies and enters into derivatives transactions to generate a floating rate of income.
Management Co.
National Bank Investments Inc.
Managers
  • Nicolas Normandeau, Fiera Capital Corporation
 
Asset Allocation
(As of June 30, 2021)
Sector Allocation
(As of June 30, 2021)
Geographic Allocation
(As of June 30, 2021)
Top 10 Holdings
NameAssetSectorGeographicPercent
Interest Swap 0.44% 04-Jun-2024OtherOtherCanada9.96%
Interest Swap 0.44% 25-May-2023OtherOtherCanada9.59%
Interest Swap 0.43% 13-May-2027OtherOtherCanada6.64%
Interest Swap 0.43% 13-May-2026OtherOtherCanada5.16%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada2.95%
Interest Swap 0.43% 07-May-2026OtherOtherCanada2.36%
Bank of Montreal 2.85% 06-Mar-2024Domestic BondsFixed IncomeCanada2.03%
Toronto-Dominion Bank 3.22% 25-Jul-2024Domestic BondsFixed IncomeCanada1.94%
Interest Swap 0.19% 03-Feb-2024OtherOtherUnited States1.83%
Manufacturers Life Insurnce Co 3.18% 22-Nov-2022Domestic BondsFixed IncomeCanada1.60%

Performance Data (As of June 30, 2021)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund -0.14 1.42 3.72 3.72 11.04 2.17 2.95 -   
Benchmark 1.02 1.80 -3.63 -3.63 -2.62 4.08 2.58 3.93
Quartile Ranking 2 1 1 1 1 3 1 -

Calendar Return (%) 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund 2.43 3.74 -3.05 4.56 3.06 -3.69 -      -      -      -     
Benchmark 8.61 6.97 1.29 2.70 1.54 3.57 9.10 -1.48 3.70 10.01
Quartile Ranking 4 1 4 1 1 4 - - - -

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