(As of 4/30/2021)

NBI Floating Rate Income Fund Advisor Series / DSC

(Canadian Short Term Fixed Income)

FundGrade A+® Rating recipient
For more information about
FundGrade click here
Inception Return
1.65 %
YTD Return 2.97 %
Change $0.00 / 0.03 %
Growth of $10,000 (As of April 30, 2021)
MER 1.48 %
Assets ($mil) $29.53
Rank (1Yr) 6/276
Std Dev (3Yr) 6.70 %
Volatility Ranking (3Yr) 2/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End -
Max Back End 6.00 %
Sales Status Open
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.
  • Nicolas Normandeau, Fiera Capital Corporation
Asset Allocation
(As of April 30, 2021)
Sector Allocation
(As of April 30, 2021)
Geographic Allocation
(As of April 30, 2021)
Top 10 Holdings
Interest Swap 0.44% 25-May-2023OtherOtherCanada44.02%
Interest Swap 0.19% 03-Feb-2024OtherOtherUnited States8.36%
Cash and Cash EquivalentsCash and EquivalentsCash and Cash EquivalentCanada7.97%
Interest Swap 0.19% 22-Oct-2024OtherOtherUnited States6.28%
Canadian Imperial Bank Commrce 3.29% 15-Jan-2024Domestic BondsFixed IncomeCanada3.38%
Bell Canada (QuebecCA) 1.65% 16-Aug-2027Domestic BondsFixed IncomeCanada1.98%
Choice Properties REIT 4.29% 08-Nov-2023Domestic BondsFixed IncomeCanada1.92%
Real Estate Asset Liqdty Trust 3.64% 12-Nov-2052OtherFixed IncomeCanada1.72%
Alimentation Couche Tard Inc 3.60% 02-Mar-2025Domestic BondsFixed IncomeCanada1.60%
Parkland Corp 5.63% 10-May-2021Cash and EquivalentsCash and Cash EquivalentCanada1.59%

Performance Data (As of April 30, 2021)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.68 2.16 6.19 2.97 12.49 2.00 2.77 -   
Benchmark 0.04 -4.13 -4.14 -5.31 -2.38 3.95 2.78 3.92
Quartile Ranking 1 1 1 1 1 4 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 - - - -
MSCI ESG Fund Metrics (As of May 01, 2021)
66th Percentile - Global

The MSCI ESG Quality Score measures the ability of underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors.

ESG Leaders are companies with a best in class MSCI ESG Rating. ESG Laggards are companies with a worst in class MSCI ESG Rating. MSCI ESG Ratings is designed to identify ESG risks or opportunities that may not be captured through conventional financial analysis. Companies are rated on a AAA-CCC scale relative to the standards and performance of their industry peers, according to analysis of thousands of data points across 36 key ESG issues.

The percentage of the portfolio's market value exposed to companies flagged for one or more standard SRI exclusion factors (alcohol, civilian firearms, gambling, weapons, cluster bombs, landmines, nuclear power, GMOs, and tobacco).

The portfolio weighted average of each company’s percent of revenue generated by Sustainable Impact Solutions (goods and services that address at least one of the world’s social and environmental challenges), as defined by the United Nations Sustainable Development Goals.

ESG data provided by MSCI
MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.

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.
© 2014 Fundata Canada Inc. All rights reserved. | View Privacy Policy | Contact Us .