MONTREAL, Feb. 2, 2024
/CNW/ - National Bank Investments Inc. ("NBI") won ten awards at
the Fundata 2023 FundGrade A+® Awards ceremony
held on February 1, 2024. These
awards recognize Canadian investment funds that have maintained an
exceptional performance rating over the entire previous calendar
year.
"We are very proud to receive these FundGrade awards which
demonstrate the success of our open architecture strategy in
achieving exceptional returns. Our close collaboration with some of
the world's best portfolio managers allows us to offer Canadian
investors high-performing investment solutions," said Martin Felton, Vice President, National Sales at
NBI.
NBI was recognized for the superior performance of the following
investment solutions in their respective categories:
NBI Investment Solutions
|
CIFSC Category
|
Fund Count
|
FundGrade
Start Date
|
FundGrade
Calculation Date
|
NBI Liquid Alternatives
ETF (NALT)
|
Alternative
Multi-Strategy
|
30
|
2020-01-31
|
2023-12-31
|
NBI Sustainable
Canadian Equity ETF (NSCE)
|
Canadian
Equity
|
360
|
2021-01-31
|
2023-12-31
|
NBI Diversified
Emerging Markets Equity Fund
|
Emerging Markets
Equity
|
146
|
2016-01-31
|
2023-12-31
|
NBI Global Equity
Fund
|
Global
Equity
|
1095
|
2014-01-31
|
2023-12-31
|
NBI Innovators
Fund
|
Global
Equity
|
1095
|
2014-01-31
|
2023-12-31
|
NBI Quebec Growth
Fund
|
Canadian Small/Mid Cap
Equity
|
116
|
2014-01-31
|
2023-12-31
|
NBI U.S. Equity
Fund
|
U.S. Equity
|
794
|
2014-01-31
|
2023-12-31
|
NBI U.S. Equity Private
Portfolio
|
U.S. Equity
|
794
|
2016-01-31
|
2023-12-31
|
NBI U.S. High
Conviction Equity Private Portfolio
|
U.S. Equity
|
794
|
2016-01-31
|
2023-12-31
|
NBI International High
Conviction Equity Private Portfolio
|
International
Equity
|
370
|
2016-01-31
|
2023-12-31
|
FundGrade A+® is used with permission from
Fundata Canada Inc., all rights reserved. The annual
FundGrade A+® Awards are presented by Fundata
Canada Inc. to recognize the "best of the best" among Canadian
investment funds. The FundGrade A+® calculation is
supplemental to the monthly FundGrade ratings and is calculated at
the end of each calendar year. The FundGrade rating system
evaluates funds based on their risk-adjusted performance, measured
by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score
for each ratio is calculated individually, covering all time
periods from 2 to 10 years. The scores are then weighted equally in
calculating a monthly FundGrade. The top 10% of funds earn an A
Grade; the next 20% of funds earn a B Grade; the next 40% of funds
earn a C Grade; the next 20% of funds receive a D Grade; and the
lowest 10% of funds receive an E Grade. To be eligible, a fund must
have received a FundGrade rating every month in the previous year.
The FundGrade A+® uses a GPA-style calculation,
where each monthly FundGrade from "A" to "E" receives a score from
4 to 0, respectively. A fund's average score for the year
determines its GPA. Any fund with a GPA of 3.5 or greater is
awarded a FundGrade A+® Award. For more
information, see www.FundGradeAwards.com. Although Fundata makes
every effort to ensure the accuracy and reliability of the data
contained herein, the accuracy is not guaranteed by Fundata.
FundGrade ratings are subject to change every month.
- Performance for the NBI Liquid Alternatives ETF (NALT) for the
period ended December 31, 2023, is
as follows: - 0.46% (1 year), 4.86% (3 years), and
6.34% since inception (2019-02-08).
- Performance for the NBI Sustainable Canadian Equity ETF (NSCE)
for the period ended December 31,
2023, is as follows: 14.40% (1 year), 11.02% (3 years), and
11.66% since inception (2020-03-04).
- Performance for the NBI Diversified Emerging Markets Equity
Fund (Advisor Series) for the period ended December 31, 2023, is as follows: 6.38% (1 year),
-4.91% (3 years), 5.49% (5 years), and 5.41% since inception
(2018-12-10).
- Performance for the NBI Global Equity Fund (Advisor Series) for
the period ended December 31, 2023,
is as follows: 14.81% (1 year), 6.81% (3 years), 11.80% (5 years),
and 11.15% (10 years).
- Performance for the NBI Innovators Fund (Advisor Series) for
the period ended December 31, 2023,
is as follows: 29.26% (1 year), 8.75% (3 years), 19.13% (5 years),
and 17.02% (10 years).
- Performance for the NBI Quebec Growth Fund (Advisor Series) for
the period ended December 31, 2023,
is as follows: 13.32% (1 year), 7.56% (3 years), 12.01% (5 years),
and 10.36% (10 years).
- Performance for the NBI U.S. Equity Fund (Advisor Series) for
the period ended December 31, 2023,
is as follows: 17.17% (1 year), 10.74% (3 years), 14.91% (5 years),
and 14.38% (10 years).
- Performance for the NBI U.S. Equity Private Portfolio (Advisor
Series) for the period ended December 31,
2023, is as follows: 28.73% (1 year), 5.75% (2 years),
14.43% (3 years), and 15.22% since inception (2015-07-14).
- Performance for the NBI U.S. High Conviction Equity Private
Portfolio (Advisor Series) for the period ended December 31, 2023, is as follows: 17.94% (1
year), 2.72% (2 years), 11.30% (3 years), and 13.03% since
inception (2015-07-14).
- Performance for the NBI International High Conviction Equity
Private Portfolio (Advisor Series) for the period ended
December 31, 2023, is as follows:
17.33% (1 year), -0.29% (2 years), 4.46% (3 years), and 8.08% since
inception (2015-07-14).
About NBI
Funds
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 indicated rates of return 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. 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.
About NBI
ETFs
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 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.
The NBI ETFs' securities are not insured by the Canada Deposit
Insurance Corporation or by any other government deposit
insurer.
The performance of an NBI ETF does not match the performance
of the index. 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.
About National Bank Investments
Inc.
National Bank Investments Inc. ("NBI") is an
investment funds management firm committed to manufacturing and
offering mutual funds, investment solutions and services designed
to help Canadian investors pursue their financial goals. As at
December 31, 2023, assets under
management in NBI products were valued at over $81.86 billion.
Guided by an open architecture strategy, NBI is dedicated to
providing diverse solutions to meet the evolving needs of its
clients. NBI consistently strives to be recognized as a key partner
by combining innovation and excellence. NBI's role is not limited
to administrative aspects of management; NBI Advisory Services and
its registered representatives form a team of specialists who
provide information and advice to help advisors build portfolios
adapted to their clients' financial needs. Follow NBI's activities
at nbinvestments.ca or via social media
such
as YouTube and LinkedIn.
National Bank Investments is a signatory of the United
Nations-supported Principles for Responsible Investment, a member
of Canada's Responsible Investment
Association, and a founding participant in the Climate Engagement
Canada initiative.
About National Bank of
Canada
With $424 billion in assets as
at October 31, 2023, National
Bank of Canada is one of
Canada's six systemically
important banks. The Bank has approximately 30,000 employees in
knowledge-intensive positions and operates through three business
segments in Canada: Personal and
Commercial Banking, Wealth Management and Financial Markets. A
fourth segment, U.S. Specialty Finance and International,
complements the growth of its domestic operations. Its securities
are listed on the Toronto Stock Exchange (TSX: NA). Follow the
Bank's activities at nbc.ca or via social
media.
SOURCE National Bank of Canada