Question 1

What is NALT?

Accepted Answer

NALT — NBI Liquid Alternatives ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the NALT ETF price today?

Accepted Answer

NALT last traded at $22.55 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the NALT MER (management expense ratio)?

Accepted Answer

NALT has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, NALT is considered a low-cost ETF.

Question 4

What are NALT annualised returns?

Accepted Answer

NALT historical returns: YTD: +1.53%, 1-year: +11.38%, 3-year annualised: +2.73%, 5-year annualised: +2.26%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is -0.01, which measures risk-adjusted return.

Question 5

Does NALT pay dividends or distributions?

Accepted Answer

Yes, NALT distributes income to unitholders. The current distribution yield is approximately 3.19%, paid annually. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does NALT invest in?

Accepted Answer

NALT's top holdings include Mini Ibovespa Future June 26 (WINM26, 3.4%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar CAD O/N Cash GR CAD.

Question 7

What sectors does NALT invest in?

Accepted Answer

NALT's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is NALT? (Assets under management)

Accepted Answer

NALT has approximately $350M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was NALT launched?

Accepted Answer

NALT was launched on January 15, 2019, giving it a 7-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy NALT in Canada?

Accepted Answer

NALT trades on the TSX under the ticker NALT. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is NALT?

Accepted Answer

NALT has a 1-year volatility of 7.72% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of -0.01 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-02	$22.45	$22.55	$22.45	$22.55	$22.55	1,328
2026-06-30	$22.50	$22.51	$22.41	$22.51	$22.51	12,000
2026-06-29	$22.37	$22.47	$22.37	$22.47	$22.47	1,826
2026-06-26	$22.47	$22.47	$22.37	$22.38	$22.38	1,600
2026-06-25	$22.43	$22.52	$22.43	$22.52	$22.52	632
2026-06-24	$22.50	$22.50	$22.43	$22.50	$22.50	929
2026-06-23	$22.64	$22.64	$22.58	$22.62	$22.62	451
2026-06-22	$23.20	$23.23	$23.13	$23.23	$23.23	1,200
2026-06-19	$23.17	$23.20	$23.09	$23.20	$23.20	615
2026-06-18	$23.08	$23.17	$23.08	$23.17	$23.17	402

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

NBI Liquid Alternatives ETF (NALT : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About NBI Liquid Alternatives ETF

ETF Details

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Frequently Asked Questions — NALT