Investment Objective
The Growth & Income U.S. Basket Private Pool (referred to hereafter as the “Private Pool”) consists mostly of U.S. securities of large capitalization companies. This allows for a diversified exposure to the U.S. economy while providing the Private Pool with both liquidity and a low turnover rate. The Private Pool generally consists of roughly 30 securities and risk will be controlled by defined parameters for the weighting of securities and sectors. as well as diversification by sector. Your Investment Advisor may provide you with the complete Investment Policy Statement.
Fund Details:
Investment horizon
Fund volatility
Minimum Initial Investment:
$5,000
Subsequent Investment:
$500
Distribution Frequency:
-
Price per Unit:
$40.50
Inception Date:
January 14, 2011
Benchmark Index:
S&P 500
Portfolio Manager:
PineStone Asset Management Inc.
Management Fee:
-
How much does it cost?
Investment
from $1 to $250,000 - 1.95%
from $250,000.01 to $500,000 - 1.75%
from $500,000.01 to $1,000,000 - 1.50%
$1,000,000.01 or more - 1.25%
Available Fund Codes:
| O Series | NBC4005 |
| T Series | NBC4105 |
Portfolio Asset Mix
(% of Net Assets)
| US Equity | 96.53% |
| International Equity | 3.34% |
| Cash and Equivalents | 0.13% |
| Top Holdings | % |
|---|---|
| Microsoft Corp | 10.62 |
| Alphabet Inc Cl | 8.45 |
| Moody's Corp | 7.56 |
| Autozone Inc | 6.74 |
| Oracle Corp | 6.33 |
| Mastercard Inc Cl | 5.68 |
| CME Group Inc Cl | 4.25 |
| TJX Cos Inc | 3.58 |
| Sherwin-Williams Co | 3.37 |
| Linde PLC | 3.34 |
| Sector Allocation | % |
|---|---|
| Technology | 29.90 |
| Financial Services | 22.91 |
| Consumer Goods | 15.66 |
| Industrial Goods | 10.36 |
| Consumer Services | 9.89 |
| Basic Materials | 6.71 |
| Healthcare | 4.44 |
| Cash and Cash Equivalent | 0.13 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 4.73 | 11.80 | 22.54 | -14.87 | 33.87 | 22.99 | 34.85 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 1.22 | 7.96 | 1.47 | 6.54 | 11.89 | 13.49 | 13.49 | 12.51 |
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
For the most part. securities will be selected from the S&P/500. In general. 100% of the Private Pool will be invested in equities. However. it can also contain cash positions if a security is sold before it is replaced by another investment.
Who is this investment for?
Investors who:
- are seeking to diversify their investments and want an exposure to the U.S. Market.
- want a regular flow of income.
- 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.