What is a Basket?
It is an investment model that is managed by a professional portfolio manager on a discretionary basis in your brokerage account. You directly own its underlying securities and receive the dividends and/or interest paid.
Investment Strategy
The fixed income investments in your basket are made up of actively managed mutual funds and passive Exchange Traded Funds (ETF) in order to obtain the ideal combination of income, reduced volatility and lower management fees. The selection of securities is made by the myWealth Unified Investment Committee, which identifies the best available opportunities based on the objectives and attractiveness of the strategies evaluated.
Details
Investment horizon
At least 1 year
Code
7CDAVT
Inception Date:
April 1, 2016
Initial minimum investment:
$18,654 CAD*
Subsequent Investment:
$9,327 CAD*
Portfolio Manager:
National Bank Financial
Benchmark:
Morningstar Can Core Bd GR CAD
* Contingent on the market value of the Basket and accrued interests/dividends at the time of purchase.
Risk Management
This investment is not guaranteed and its value can go down as well as up.
Low
How much does it cost?
The following charges will apply at all times in addition to the fees if an agreement has been signed with your investment advisor.
| Investment | Fees |
|---|---|
| $1 or more | 0.15% |
Mandate Statistics
Average Coupon
3.69%
Yield to Maturity
3.57
Average Duration
6.79
Asset Allocation (%)
| Canadian Government Bonds | 51.41% | |
| Canadian Corporate Bonds | 27.26% | |
| Foreign Bonds - Other | 9.73% | |
| Foreign Corporate Bonds | 5.97% | |
| Cash and Equivalents | 4.35% | |
| Foreign Government Bonds | 0.73% | |
| Canadian Bonds - Other | 0.40% | |
| US Equity | 0.09% | |
| Mortgages | 0.05% | |
| International Equity | 0.01% |
Top Holdings (%)
| NBI Canadian Bond Private Portfolio Series F | 38.13% |
| Vanguard Canadian Aggregate Bond Index ETF (VAB) | 27.50% |
| PIMCO Monthly Income Fund (Canada) Series H | 14.70% |
| RP Strategic Income Plus Fund Class P | 10.12% |
| NBI Canadian Core Plus Bond Fund Private Portfolio | 9.27% |
| BALANCE ( CAD ) | 0.29% |
| Total | 100.01% |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 0.53 | 3.38 | 4.07 | 7.37 | -11.29 | 0.54 | 6.83 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| 0.53 | -0.17 | 3.01 | 2.85 | 4.05 | 0.79 | - | 2.30 |
Returns before management fees