Investment Objective
The Diversified Bond Basket Private Pool (referred to hereafter as the “Private Pool”) will be invested in various types of fixedincome securities in order to optimize, through active management, the return of the fixed-income component of the investor’s Private Pool. The Private Pool’s global duration will be maintained within a spread of 2.5 years, relative to the duration of the DEX Universe Bond Index. Your Investment Advisor may provide you with the complete Investment Policy Statement.
Fund Details:
Investment horizon

Fund volatility

Minimum Initial Investment:
$5,000
Subsequent Investment:
$500
Distribution Frequency:
-
Price per Unit:
$9.87
Inception Date:
January 14, 2011
Benchmark Index:
FTSE Canada Universe Bond Index
Portfolio Manager:
Fiera Capital Corporation
Management Fee:
-
How much does it cost?
Investment
from $1 to $500,000 - 0.75%
from $500,000.01 to $1,000,000 - 0.65%
$1,000,000.01 or more - 0.55%
Available Fund Codes:
O Series | NBC4002 |
T Series | NBC4102 |
Portfolio Asset Mix
(% of Net Assets)
Canadian Government Bonds | 58.34% |
Canadian Corporate Bonds | 36.83% |
Cash and Equivalents | 2.74% |
Canadian Bonds - Other | 1.64% |
Mortgages | 0.45% |
Top Holdings | % |
---|---|
Canada Government 3.25% 01-Jun-2035 | 4.29 |
Canada Government 1.50% 01-Jun-2031 | 2.62 |
Canada Government 2.00% 01-Jun-2032 | 2.42 |
Ontario Province 4.70% 02-Jun-2037 | 2.17 |
Ontario Province 1.35% 02-Dec-2030 | 1.88 |
Ontario Province 2.05% 02-Jun-2030 | 1.76 |
Canada Government 1.25% 01-Jun-2030 | 1.69 |
Canada Housing Trust No 1 1.90% 15-Mar-2031 | 1.68 |
Toronto City 3.50% 02-Jun-2036 | 1.63 |
Canada Government 3.50% 01-Sep-2029 | 1.56 |
Sector Allocation | % |
---|---|
Fixed Income | 97.26 |
Cash and Cash Equivalent | 2.74 |
Calendar Returns (%)
YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|---|
0.90 | 4.91 | 7.38 | -11.48 | -2.03 | 9.59 | 7.23 |
Annualized Returns (%)
1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
---|---|---|---|---|---|---|---|
-0.68 | -0.50 | -0.33 | 3.35 | 3.38 | -0.21 | 2.15 | 3.13 |
What is a Private Pool?
A Private Pool is a private investment fund. In return for your investment in the Private Pool, you will receive units of the Private Pool. The value of these units is based on the value of the Private Pool’s underlying investments. A professional portfolio manager manages these investments on a discretionary basis.
Content
The Private Pool will be invested in sovereign, supranational, federal, provincial, municipal, and investment grade corporate bonds, as well as asset backed securities. Cash and money market instruments can also be included in the Private Pool.
Who is this investment for?
Investors who:
- want to receive interest income regularly.
- are willing to tolerate a low level of risk.
For more information
This summary may not contain all the information you need. Refer to the Discretionary Management Agreement for more detailed information. Should you require further information, please contact your National Bank Financial Investment Advisor.
A word about tax
In general, you’ll have to pay income tax on any gain and revenue generated from your investment. How much you pay depends on the tax laws that are applicable in the area you live in and whether or not you hold the investment in a registered plan, such as a Registered Retirement Savings Plan or a Tax-Free Savings Account. Keep in mind that if you hold your investment in a non-registered account, fund distributions or capital gains are included in your taxable income; whether they are paid, accrued or reinvested.