NBI High Yield Bond Fund

Above-average yields with risk-adjusted returns

Sub-advised by J. P. Morgan Asset Management

Investment overview

Investing in higher yielding bonds can be challenging amidst credit, interest rate, and market risks. In the current economic environment, J.P. Morgan’s strategy is well positioned to achieve strong risk-adjusted returns by investing in a portfolio composed mainly of high-yield debt securities of issuers in developed markets.

The NBI High Yield Bond Fund is also available as an ETF option.

Key Differentiators

  • Actively managed: the portfolio is constantly monitored and adjusted based on changing market conditions and credit risk.

  • Bottom-up approach: J.P. Morgan’s experience research and credit analysis teams identify high-yield bonds with attractive risk-reward profiles to make timely research-driven investment decisions  

  • Diversification: the Fund invests in a diversified portfolio of higher yielding bonds issued by U.S. and foreign companies across different industries and sectors to spread the risk across a variety of issuers.

  • Experience: the Fund is managed by J.P. Morgan Asset Management, one of the largest and most experienced fixed income managers in the world, with deep insights into the high-yield bond market.

Why invest in this Fund?

A full spectrum of Innovation

  • Reduce risk: a diversified portfolio of high yield bonds issued by foreign (U.S.A. and Western Europe) and Canadian companies.

  • Generate income: high yield bond funds can provide a steady stream of income for investors who are looking for regular payments from their investments.

  • A potential for higher returns: higher yielding bonds typically offer higher interest rates than other types of bonds.

  • Capitalize on a deep and tenured portfolio management team that has that has historically provided strong risk-adjusted returns. 

About the portfolio manager’s firm

J.P. Morgan Asset Management is one of the largest asset and wealth managers in the world. As the asset management business of JPMorgan Chase & Co. (“JPMC”) and its affiliates, J.P. Morgan Asset Management* (“JPMAM”) is a leading asset manager for individuals, advisors, and institutions. Their investment professionals are located around the world, providing strategies that span the full spectrum of asset classes.

Learn more

Fund Codes

Advisor Series*

F Series

T5 Series*

F5 Series





Learn about other investment solutions

NBI Unconstrained Fixed Income Fund

The Fund invests, directly or indirectly through investments in securities of 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.

See the Unconstrained Fixe Income Fund


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

The NBI High Yield Bond Fund (the “Fund”) is offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. National Bank Trust Inc. acts as portfolio manager for the Fund and J.P. Morgan Investment Management Inc. (JPMIM), an indirect wholly owned subsidiary of JPMorgan Chase & Co. (JPMC), acts as portfolio sub-advisor for the Fund. J.P. Morgan Asset Management (JPMAM) is the brand name for the asset management business of JPMC and its affiliates.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. 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 values change frequently and past performance may not be repeated.

® NATIONAL BANK INVESTMENTS is a registered trademark of National Bank of Canada, used under license by National Bank Investments Inc.