NATIONAL BANK INVESTMENTS INC LIQUID ALTERNATIVES ETFNATIONAL BANK INVESTMENTS INC LIQUID ALTERNATIVES ETFNATIONAL BANK INVESTMENTS INC LIQUID ALTERNATIVES ETF

NATIONAL BANK INVESTMENTS INC LIQUID ALTERNATIVES ETF

No trades
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Key stats


Assets under management (AUM)
‪330.79 M‬CAD
Fund flows (1Y)
‪−33.21 M‬CAD
Dividend yield (indicated)
4.79%
Discount/Premium to NAV
0.4%
Shares outstanding
‪16.18 M‬
Expense ratio
0.69%

About NATIONAL BANK INVESTMENTS INC LIQUID ALTERNATIVES ETF


Brand
NBI
Inception date
Feb 8, 2019
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
National Bank Investments, Inc.
The fund focuses on positive returns by holding long and short positions in futures contracts of global assets such as bonds, currencies, equities, and commodities. The fund uses a quant-rules based strategy to evaluate expected risks, returns and correlation of assets available to NALT. The portfolio manager uses computer models to execute this strategy, in a way to minimize human bias to the analysis. The positions proposed by the models are reviewed continuously and the required trades are done weekly. The portfolio manager has discretionary investment decisions and may opt to trade more often depending on market conditions, which may cause higher trading costs. NALTs aggregate exposure to leverage is capped at 300% of its NAV.

Broaden your horizons with more funds linked to NALT via country, focus, and more.

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Multi-strategy
Niche
Multi-strategy
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash96.52%
Government3.48%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NALT trades at 20.47 CAD today, its price has fallen −1.92% in the past 24 hours. Track more dynamics on NALT price chart.
NALT net asset value is 20.39 today — it's fallen 4.03% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NALT assets under management is ‪330.79 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NALT price has fallen by −2.89% over the last month, and its yearly performance shows a −11.88% decrease. See more dynamics on NALT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.03% over the last month, showed a −5.55% decrease in three-month performance and has decreased by −9.80% in a year.
NALT fund flows account for ‪−33.21 M‬ 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NALT invests in cash. See more details in our Analysis section.
NALT expense ratio is 0.69%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, NALT isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NALT technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NALT shows the sell signal. See more of NALT technicals for a more comprehensive analysis.
Yes, NALT pays dividends to its holders with the dividend yield of 4.79%.
NALT trades at a premium (0.40%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NALT shares are issued by National Bank of Canada
NALT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 8, 2019.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.