Key stats
About NATIONAL BANK INVESTMENTS INC LIQUID ALTERNATIVES ETF
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Inception date
Feb 8, 2019
Structure
Canadian Mutual Fund Trust (ON)
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.
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
Cash
Bonds, Cash & Other100.00%
Cash96.52%
Government3.48%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NALT last dividends amounted to 0.45 CAD. The year before, the issuer paid 0.19 CAD in dividends, which shows a 57.78% increase.
NALT assets under management is 330.79 M CAD. It's fallen 4.88% over the last month.
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.
Yes, NALT pays dividends to its holders with the dividend yield of 4.79%. The last dividend (Mar 31, 2025) amounted to 0.45 CAD. The dividends are paid annually.
NALT shares are issued by National Bank of Canada under the brand NBI. The ETF was launched on Feb 8, 2019, and its management style is Active.
NALT expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
NALT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NALT invests in cash.
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.
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 trades at a premium (0.40%) meaning the ETF is trading at a higher price than the calculated NAV.