Key stats
About NBI SUSTAINABLE CDN BD ETF UNIT
Expense ratio
0.63%
Home page
Inception date
Mar 4, 2020
The fund seeks to provide current income and capital appreciation by actively selecting Canadian bonds designed to raise funds for projects or businesses that have a positive environmental or social impact. Such exposure can also be achieved through indirect investment via other funds managed by the issuer (generally less than 15%). The universe of eligible bonds is identified pursuant to the funds internal analysis that is based on a proprietary assessment tool derived from widely recognized guidelines, principles and/or sustainable development goals. Selecting securities is based on a bottom-up fundamental analysis by the portfolio sub-advisor. ESG issues are also assessed using relevant indicators from one sector to another. The sub-advisor also carries out a credit analysis on each security, combined with the ESG analysis and the internal analysis to determine the securitys weighting. Overall foreign exposure is capped at 30%.
Classification
What's in the fund
Exposure type
Corporate
Government
Stocks0.60%
Finance0.60%
Bonds, Cash & Other99.40%
Corporate62.56%
Government36.72%
Cash0.58%
Miscellaneous−0.47%