NBI Liquid Alternatives ETF (NALT.TO)
24.00
+0.12
(+0.50%)
CAD |
TSX |
Jul 02, 11:38
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.69% | 0.34% | 424.20M | 10814.93 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 2.96% | 8.66% | -3.181M | Upgrade |
Basic Info
| Investment Strategy | |
| The NBI Liquid Alternatives ETF’s investment objective is to provide a positive return while maintaining low correlation to, and lower volatility than, the return of the global equity markets. It will aim to achieve this investment objective regardless of prevailing market conditions or general market direction. It will seek to achieve this objective by investing primarily in long and short positions on financial derivatives that provide exposure to different major global asset classes, such as government bonds, currencies, equities or commodities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | High Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Multi - Strategy |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Multialternative |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | National Bank Investments Inc |
| Prospectus Benchmark Index | |
| Morningstar Broad Hedge Fund TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Sandrine Théroux | 5.33 yrs |
Performance Versus Category
As of June 28, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 28, 2024.
Basic Info
| Investment Strategy | |
| The NBI Liquid Alternatives ETF’s investment objective is to provide a positive return while maintaining low correlation to, and lower volatility than, the return of the global equity markets. It will aim to achieve this investment objective regardless of prevailing market conditions or general market direction. It will seek to achieve this objective by investing primarily in long and short positions on financial derivatives that provide exposure to different major global asset classes, such as government bonds, currencies, equities or commodities. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | High Quality/Limited Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Alternative |
| Category Name | Alternative Multi - Strategy |
| Category Index | Morningstar CAD O/N Cash GR CAD |
| Global Category Name | Multialternative |
| YCharts Categorization | Other |
| YCharts Benchmark | S&P 500 Total Return (^SPXTR) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | National Bank Investments Inc |
| Prospectus Benchmark Index | |
| Morningstar Broad Hedge Fund TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^SPTSX60TR | 100.0% |
| Manager Tenure | |
| Sandrine Théroux | 5.33 yrs |