Investment Objective
The NBI Global Balanced Growth Fund’s investment objective is to achieve long-term capital appreciation and provide some income by investing directly or through investments in securities of other mutual funds (that may include exchange-traded funds (“ETFs”)), primarily in global fixed-income securities and global equity securities.
Fund Details
Investment horizon
Fund volatility
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Quarterly
Assets Under Management ($M):
$20.1
Price per Unit:
$11.60
Inception Date:
June 28, 2021
Value of $10,000 since inception:
$12,309
Benchmark Index:
MSCI World Index ($CAD - Unhedged) 75%
Bloomberg Global Aggregate ($CAD - Hedged) 25%
Management Fee:
1.75%
MER:
2.08%
Portfolio Manager:
National Bank Investments Inc.
Available Fund Codes:
| Advisor Series | |
|---|---|
| Initial Sales Charge | NBC5437 |
| F Series | NBC5737 |
| F5 Series | NBC5738 |
| T5 Series | |
| Initial Sales Charge | NBC5438 |
Portfolio Asset Mix
(% of Net Assets)
| US Equity | 53.76% |
| International Equity | 25.86% |
| Foreign Bonds | 16.29% |
| Cash and Equivalents | 2.09% |
| Other | 1.89% |
| Domestic Bonds | 0.11% |
| Sector Allocation | % |
|---|---|
| Technology | 32.44 |
| Consumer Goods & Services | 25.14 |
| Financial Services | 20.57 |
| Industrial Goods & Services | 12.61 |
| Healthcare | 4.16 |
| Basic Materials | 3.06 |
| Real Estate | 2.02 |
| Dividend Yield (Trailing Yield) | 1.30 |
| Top Holdings | % |
|---|---|
| NBI Global Equity Fund | 79.14 |
| NBI Unconstrained Fixed Income ETF (NUBF) | 20.86 |
| Total of Top Holdings of the Fund (% of Net Assets): |
100.00 |
| Total Number of Securities Held: | 2 |
| Geographic Allocation | % |
|---|---|
| United States | 66.82 |
| European Union | 10.61 |
| Other | 9.48 |
| Asia/Pacific Rim | 6.96 |
| Japan | 2.60 |
| Latin America | 1.54 |
| Canada | 1.43 |
| Africa and Middle East | 0.56 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 1.22 | 13.92 | 15.23 | -13.13 | - | - | - |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 1.13 | 6.32 | -2.93 | 4.41 | 10.15 | - | - | 5.17 |
Disclosure
NBI Mutual Funds (the “Funds”) are offered by National Bank Investments Inc. an indirect wholly owned subsidiary of National Bank of Canada and sold by authorized dealers. Commissions, trailing commissions, management fees and expenses all may be associated with investments in the Funds. Please read the prospectus of the Funds before investing. The indicated rates of return are the historical annual compounded total returns which include changes in the value of securities and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. The Funds’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. For money market funds, there can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of the investment in a fund will be returned. The Funds are not guaranteed, their values change frequently and past performance may not be repeated.