As at July 31, 2025

Dividend Basket Private Pool (Closed to new purchases)

Investment Objective

The Dividend Basket Private Pool (referred to hereafter as the “Private Pool”) is predicated on a value style of investing, which aims to highlight quality companies that may have temporarily fallen out of investor favour. The portfolio manager will look for companies with above average dividend yields (that exceed S&P/TSX Equity Income Index) and seek to minimize volatility through sound diversification across sectors. An emphasis will be put on companies with solid balance sheets, adequate dividend coverage and a good dividend payment. Your Investment Advisor may provide you with the complete Investment Policy Statement.

Fund Details:

Investment horizon

At least 5 years

Fund volatility

Medium

Minimum Initial Investment:

$5,000

Subsequent Investment:

$500

Distribution Frequency:

-

Price per Unit:

$18.22

Inception Date:

January 14, 2011

Benchmark Index:

S&P/TSX Equity Income

Portfolio Manager:

Fiera Capital Corporation

Management Fee:

-

How much does it cost?

Investment

from $1 to $100,000 - 1.80%

from $100,000.01 to $250,000 - 1.75%

from $250,000.01 to $500,000 - 1.55%

from $500,000.01 to $1,000,000 - 1.30%

$1,000,000.01 or more - 1.05%

Available Fund Codes:

O Series NBC4004
T Series NBC4104

Portfolio Asset Mix
(% of Net Assets)

Canadian Equity 99.06%
Cash and Equivalents 0.94%
Top Holdings %
Royal Bank of Canada 5.83
National Bank of Canada 5.81
Bank of Montreal 5.17
TMX Group Ltd 4.99
Metro Inc 4.91
Constellation Software Inc 4.76
Dollarama Inc 4.71
Fortis Inc 4.54
iA Financial Corp Inc 4.34
Loblaw Cos Ltd 4.26
Sector Allocation %
Financial Services 39.42
Consumer Services 19.26
Industrial Services 9.83
Energy 7.71
Telecommunications 7.36
Utilities 6.56
Technology 4.76
Industrial Goods 4.16
Cash and Cash Equivalent 0.94

Calendar Returns (%)

YTD 2024 2023 2022 2021 2020 2019
12.66 18.63 11.34 0.70 26.23 0.96 23.43

Annualized Returns (%)

1 M 3 M 6 M 1 Y 3 Y 5 Y 10 Y Incp.
-0.71 4.87 10.90 20.02 14.40 15.48 10.14 8.24

What is a Private Pool?

A Private Pool is a private investment fund. In return for your investment in the Private Pool, you will receive units of the Private Pool. The value of these units is based on the value of the Private Pool’s underlying investments. A professional portfolio manager manages these investments on a discretionary basis.

Content

The selection universe will be limited to companies within the S&P/TSX Equity Income Index. In general, the Private Pool may be totally invested in shares. However, cash and cash equivalents can also be included in the Private Pool if a security is sold before a replacement has been chosen. Securities held in this Private Pool must generate income from dividends.

Who is this investment for?

Investors who:

  • want to receive dividend income.
  • wish to add a growth component to their portfolio.
  • are willing to tolerate a moderate level of risk.

For more information

This summary may not contain all the information you need. Refer to the Discretionary Management Agreement for more detailed information. Should you require further information, please contact your National Bank Financial Investment Advisor.

A word about tax

In general, you’ll have to pay income tax on any gain and revenue generated from your investment. How much you pay depends on the tax laws that are applicable in the area you live in and whether or not you hold the investment in a registered plan, such as a Registered Retirement Savings Plan or a Tax-Free Savings Account. Keep in mind that if you hold your investment in a non-registered account, fund distributions or capital gains are included in your taxable income; whether they are paid, accrued or reinvested.