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NBI Unconstrained Fixed Income ETF NUBF

Asset Class : Global Fixed Income

Ticker: NUBF

As of 12/11/2019
$25.12 CAD$0.01 CAD
0.06%
$25.17
$25.22
$25.50
$25.05

Historical prices

DatePrice
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Quick Facts

Investment 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.
Inception date09/12/2019
Net assets (12/11/2019)Data not available
MER (12/11/2019)Data not available
Inception Return0.40%
YTD ReturnData not available
Units OutstandingData not available
Volume1300
Management FeeThe ETF's annual management fee is 0.75% of the ETF's value.
Distribution FrequencyMonthly
Risk/RatingLow
Exchange (TSX)TSX
RRSP EligibilityYes
Open to InvestYes

Fund's Performance

Under current regulations, the fund performance can only be published one year after its inception.
Top 10 holdings
As of November 30, 2019
Name% of Fund assets
Australia Government 3.25% 21-Apr-20295.78%
Cash and Cash Equivalents2.19%
Republic of Portugal 2.88% 15-Oct-20251.80%
Canada Government 2.25% 01-Jun-20291.51%
Federal National Mrtgage Assoc 3.50% 01-Sep-20491.07%
Federal National Mrtgage Assoc 3.50% 01-Sep-20491.07%
Government of Spain 0.60% 31-Oct-20291.03%
Republic of South Africa 6.50% 28-Feb-20410.95%
Italy Buoni Poliennali Del Tesoro 3.00% 01-Aug-20290.94%
Mexican Bonos 7.75% 29-May-20310.94%
Asset allocations
As of November 30, 2019
Foreign Bonds
84.55%
Other
8.16%
Cash and Equivalents
5.75%
Domestic Bonds
1.54%
US Equity
0.00%
Sector allocations
As of November 30, 2019
Fixed Income
94.25%
Cash and Cash Equivalent
5.75%
Industrial Services
0.00%
Other
0.00%
Geographic allocations
As of November 30, 2019
United States
52.24%
Other European
23.12%
Asia/Pacific Rim
6.29%
European Union
5.11%
Canada
3.73%
Other
3.31%
Africa and Middle East
3.11%
Latin America
2.53%
Other Asian
0.54%
Multi-National
0.00%
Top Holdings (% of Portfolio)17.28%
Total Number of HoldingsData not available

Portfolio Managers

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Questions?

Contact your NBI Sales Representative via email or by phone at 1-877-463-7627

Legal notes

NBI Funds, including the Meritage Portfolios (hereinafter referred as the “Funds”) are managed by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the Funds before investing.

NBI ETFs are offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus or ETF Facts document(s) of the NBI ETFs before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns. NBI ETFs do not seek to return any predetermined amount at maturity. Index returns do not represent NBI ETF returns. The indicated rates of return are the historical total returns for the periods including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, commission charges or income taxes payable by any unitholder that would have reduced returns. Past performance may not be repeated.

The performance data provided for money market funds assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. There can be no assurances that the funds will be able to maintain their net asset values per security at a constant amount or that the full amount of your investment will be returned to you. The performance data represents an annualized historical yield based on the seven-day period ended as indicated and annualized in the case of effective yield by compounding the seven-day return on and does not represent an actual one-year return.

The indicated rates of returns for funds other than money market funds are based on the historical annual compounded total returns including changes in securities value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.We consider the data and information contained on the Site to be reliable when posted. Despite our best efforts, however, we cannot guarantee that the information is exact or complete, free from errors or omissions, or that it is up to date at all times. The data and information available on the Site may be changed, moved or deleted without notice.

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.

® MERITAGE PORTFOLIOS and the Meritage Portfolios logo are registered trademarks of National Bank of Canada, used under license by National Bank Investments Inc.