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NBI Global Tactical Bond Fund 

Better navigate the fixed income world

Managed by Standish Mellon Asset Management Company LLC1

Investment strategy

Global bond funds provide more opportunities to generate added value than portfolios that invest in bonds from a single country. By diversifying investments across multiple geographic regions, investors will benefit from a combination of global bonds whose countries, maturities and credit ratings vary in order to optimize return potential.

Key differentiators

Generates value

A much broader securities universe, with more investment opportunities.

Mitigate risks

Greater diversification reduces risks asociated with interest rates and credit spreads

Increases opportunities

Divergent yield curves can create attractive investment opportunities

Why invest in this Fund?

The NBI Global Tactical Bond Fund aims to generate income and capital growth while focusing on capital preservation. To do so, the portfolio sub-manager uses an active management strategy focused on security selection and an asset allocation based on countries, duration, the yield curve, currencies and sectors.

The Fund seeks to generate positive returns while staying diversified in the different constituents of its benchmark along with other assets classes.

  • Mainly high quality investment grade portfolio

  • Low correlation with other classes of fixed income assets

  • Experienced investment team

  • Fixed4 or variable distribution
NBI Global Tactical Bond Fund distribution

More information


Fixed distribution:
 fixed annual distribution of 4% paid monthly (see disclosure in prospectus). Fixed distributions are composed of net income and return of capital. The distribution amount per unit is said to be fixed as it does not vary from one distribution to another. Any capital gains are distributed each December.

Variable distribution: variable distribution are income made up of interest and capital gains, paid monthly. if the management expense ratio (MER) is higher than the income generated during this month, no distribution will be paid. Distributions may vary from month to month. Any capital gains are distributed each December. Distribution targets for the Funds are re-assessed annually in January.

Documents

Find out more about the Fund: Investor | Advisor

Discover Standish Mellon Asset Management Company LLC

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About the portfolio manager’s firm

Standish Mellon Asset Management Canada Ltd. logo

 

  • Founded in 1933

  • Devoted exclusively to fixed-income securities

  • Privately-owned subsidiary of global leader Bank of New York Mellon Corporation

  • USD 154.9 Billion2 assets under management

  • 130 Investment professionals3
     

Learn more

Fund Series

 

Variable distribution

Fixed Distribution

Advisor Series

F Series

T Series

FT series

Initial sales charge

Low sales charge

Deferred sales charge

Initial sales charge

Low sales charge

Deferred sales charge

NBI Global Tactical Bond Fund (CAD)

NBC425

NBC625

NBC525

NBC725

NBC427

NBC627

NBC527

NBC727

NBI Global Tactical Bond Fund (USD)

NBC5433

NBC5633

NBC5533

NBC5733

NBC5434

NBC5634

NBC5534

NBC5734

NBI Global Tactical Bond Fund (CAD)

Variable distribution

Advisor Series

Initial sales charge

NBC425

Low sales charge

NBC625

Deferred sales charge

NBC525

F Series

NBC725

Fixed Distribution

T Series

Initial sales charge

NBC427

Low sales charge

NBC627

Deferred sales charge

NBC527

FT series

NBC727

NBI Global Tactical Bond Fund (USD)

Variable distribution

Advisor Series

Initial sales charge

NBC5433

Low sales charge

NBC5633

Deferred sales charge

NBC5533

F Series

NBC5733

Fixed Distribution

T Series

Initial sales charge

NBC5434

Low sales charge

NBC5634

Deferred sales charge

NBC5534

FT series

NBC5734

Learn more about series*

Questions?

Call or email an NBI sales representative: 1-877-463-7627

Legal notes

1. BNY Mellon Asset Management Canada Ltd. acts as portfolio manager for the Fund and Standish Mellon Asset Management Company LLC acts as portfolio sub-advisor for the Fund.

2. Assets under management (AUM) as at March 31, 2017 (preliminary data). This figure includes assets managed by Standish personnel acting as dual officers of The Dreyfus Corporation or The Bank of New York Mellon and high-yield assets managed by personnel of Alcentra NY, LLC acting as dual officers of Standish. Standish, Dreyfus and Alcentra are registered investment advisors; they and The Bank of New York Mellon are wholly-owned subsidiaries of The Bank of New York Mellon Corporation.

3. Includes shared employees of Standish Mellon Asset Management (UK) Limited and MBSC Securities Corporation, both affiliates of Standish Mellon Asset Management Company LLC (“Standish”), contracted employees from BNY Mellon Investment Management Singapore Pte. Limited, and employees of Alcentra NY, LLC acting as dual officers of Standish. These individuals may from time to time act in the capacity of shared employees of Standish, performing sales, marketing, portfolio management support, research and trading services for certain Standish managed accounts. In addition, Standish is supported by BNY Mellon Asset Management Operations LLC (“BNYM AM Ops”) which is a legally separate entity that provides services related to all aspects of IT and operations, including front, middle and back office services through a Service Level Agreement.

4. The cash distribution amount per unit for the FT, R, T and O Series is said to be fixed as it does not vary from one distribution to another. However, it is not guaranteed and may vary according to market conditions. Distribution targets for the FT, R, T and O Series are re-assessed annually in January. FT, R, T and O Series distributions are made out of the portfolio's net income and may include a significant return of capital component.

The NBI Global Tactical Bond Fund (the "Fund") is offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Brokerage fees, trailing commissions, management fees and other charges may apply to investments in the Fund. Please read the prospectus of the Fund before investing. The Fund's securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The Fund is not guaranteed, its value changes frequently and past performance may not be repeated.