NBI Target Maturity Investment Grade Bond Funds

Fixed maturities. Efficient growth for today’s fixed income environment

Sub-advised by AlphaFixe Capital Inc.

Why invest in a target maturity bond Fund?

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Liquidity

Bond exposure adjusted based on market conditions and investment cycles

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Yield

Investment in investment grade bonds that can offer competitive yields to GICs and other money market instruments.

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Potential for tax-efficiency

Focus on discounted bonds offering attractive after-tax returns

A solution for today's market

The appeal of target maturity funds

As billions of dollars invested Guaranteed Investment Certificates (GICs) and cash instruments reach maturity, target maturity Funds offer important key benefits:

  NBI Target Maturity Investment Grade Bond Fund Bonds GICs

Defined maturity

     

Monthly income

     

Ease of execution

     

Diversification

     

Actively managed

     

Investment overview 

The Fund invests in North American investment-grade corporate bonds with effective maturities in one of the Fund’s target years and selected by AlphaFixe Capital Inc.

The objective is to increase bond diversification and to help maximize the after-tax yield. Each Fund matures successively over 5 distinct years.

 

Fund key characteristics

Consult file for updated weekly fund characteristics like yield to maturity, average coupon, bond yield and more.

Download the file (F Series) | Download the file (Advisor Series)

 

NBI Target 2025 Investment Grade Bond Fund

Anticipated Termination Date: November 30, 2025

NBI Target 2026 Investment Grade Bond Fund

Anticipated Termination Date: November 30, 2026

NBI Target 2027 Investment Grade Bond Fund

Anticipated Termination Date: November 30, 2027

NBI Target 2028 Investment Grade Bond Fund

Anticipated Termination Date: November 30, 2028

NBI Target 2029 Investment Grade Bond Fund

Anticipated Termination Date: November 30, 2029

About the portfolio sub-advisor

AlphaFixe Capital inc. is a Montreal-based company specializing in fixed income which mainly serves institutional clients. Its innovative investment process combines the creation of added value and the integration of environmental, social and governance (ESG) factors. As of December 31, 2023, AlphaFixe managed $14.3 billion, including $4.2 billion in strategies fully dedicated to environmental and social impact bonds.

As one of the two founding partners of AlphaFixe, Sébastien Rhéaume is responsible for portfolio management and strategy development. Before founding AlphaFixe Capital, he served as Vice President, Corporate Bonds at Addenda Capital. Chartered Accountant (CA) and CFA charterholder, Sébastien has a degree in Public Accountancy from McGill University where he also completed his Bachelor of Commerce.

As Senior Portfolio Manager, Michel is responsible for analyzing, recommending, and monitoring securities held in portfolios. He also participates in the establishment of active management strategies. Michel has a Bachelor’s degree of Finance from Moncton University (1997), as well as a Master’s degree in Finance from University of Sherbrooke (1998).

Fund Codes

 

Advisor Series

F Series

NBI Target 2025 Investment Grade Bond Fund

NBC9625

NBC9225

NBI Target 2026 Investment Grade Bond Fund

NBC9626

NBC9226

NBI Target 2027 Investment Grade Bond Fund

NBC9627

NBC9227

NBI Target 2028 Investment Grade Bond Fund

NBC9628

NBC9228

NBI Target 2029 Investment Grade Bond Fund

NBC9629

NBC9229

Other NBI Funds sub-advised by AlphaFixe Capital inc.

Questions?

The information and the data supplied in the present document, including those supplied by third parties, are considered accurate at the time of their publication and were obtained from sources which we considered reliable. We reserve the right to modify them without advance notice. This information and data are supplied as informative content only. No representation or guarantee, explicit or implicit, is made as for the exactness, the quality and the complete character of this information and these data. The opinions expressed are not to be construed as solicitation or offer to buy or sell shares mentioned herein and should not be considered as recommendations. 

NBI Funds (the “Funds”) are offered 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. The Funds’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. The Funds are not guaranteed, their values change frequently and past performance may not be repeated. 

NBI exchange-traded funds (the "NBI ETFs") are offered by National Bank Investments Inc., a wholly owned subsidiary of National Bank of Canada. Management fees, brokerage fees and expenses all may be associated with investments in NBI ETFs. Please read the prospectus or ETF Facts document(s) before investing. NBI ETFs are not guaranteed, their values change frequently and past performance may not be repeated. NBI ETFs 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. The NBI ETFs’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. 

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