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NBI Target 2029 Investment Grade Bond Fund
NTGD (NBI Target 2029 Investment Grade Bond Fund) is an index Canadian Fixed Income ETF by NBI. With a 0.15% MER, it provides diversified exposure. Monthly distribution with a 1.42% yield.
NTGD by NBI is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.15% MER makes it one of the most cost-effective options in its category.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.