Key stats
About NBI Target 2027 Investment Grade Bond Fund Trust Units
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Inception date
Jun 17, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
National Bank Investments, Inc.
ISIN
CA62880G1090
The ETF is an actively managed fund that seeks to provide income and capital preservation over a pre-determined time horizon by investing in investment grade corporate bonds with an effective maturity of 2027. The portfolio manager utilizes fundamental analysis to select securities, combined with a risk management framework that includes four systems to monitor and manage risk. These are credit quality, ESG factors, a default risk monitoring system, and a risk budget system that provides real-time information about the portfolios active risk. Portfolio weights are based on credit and ESG analysis. The fund may also hold money market instruments or other short-term debt securities for cash management. The fund will terminate on or about November 30, 2027.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate72.51%
Government21.58%
Municipal4.85%
Cash1.06%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NTGB invests in bonds. The fund's major sectors are Corporate, with 72.51% stocks, and Government, with 21.58% of the basket. The assets are mostly located in the North America region.
NTGB last dividends amounted to 0.01 CAD. The month before, the issuer paid 0.02 CAD in dividends, which shows a 15.38% decrease.
NTGB assets under management is 1.01 M CAD. It's risen 0.70% over the last month.
NTGB fund flows account for 0.00 CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NTGB pays dividends to its holders with the dividend yield of 1.70%. The last dividend (Sep 29, 2025) amounted to 0.01 CAD. The dividends are paid monthly.
NTGB shares are issued by National Bank of Canada under the brand NBI. The ETF was launched on Jun 17, 2025, and its management style is Active.
NTGB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NTGB invests in bonds.
NTGB trades at a premium (0.10%) meaning the ETF is trading at a higher price than the calculated NAV.