Investment Objective
To maximize the potential for long-term capital growth and to generate high dividend income. This fund invests directly, or through investments in securities of other mutual funds, in a portfolio primarily composed of equity securities of Canadian companies that pay dividends. It is expected that investments in foreign securities will not exceed approximately 30% of the fund’s assets.
Fund Details
Investment horizon
Fund volatility
Style
Sector
Deviation
Market
Capitalization
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Monthly
Assets Under Management ($M):
$204.5
Price per Unit:
$15.70
Inception Date:
May 21, 2015
Value of $10,000 over 10 years:
$23,906
Benchmark Index:
S&P/TSX Composite
Management Fee:
0.45%
MER:
0.69%
Portfolio Manager:
National Bank Investments Inc.
Sub-Advisor:
Montrusco Bolton Investments Inc.
Available Fund Codes:
| Advisor Series | |
|---|---|
| Initial Sales Charge | NBC4241 |
| F Series | NBC4041 |
| F5 Series | NBC4141 |
| O Series | NBC9041 |
| T5 Series | |
| Initial Sales Charge | NBC4341 |
Portfolio Asset Mix
(% of Net Assets)
| Canadian Equity | 90.80% |
| US Equity | 5.69% |
| Income Trust Units | 2.82% |
| Cash and Equivalents | 0.69% |
| Sector Allocation | % |
|---|---|
| Financial Services | 34.26 |
| Energy | 17.22 |
| Basic Materials | 9.78 |
| Industrial Goods & Services | 9.57 |
| Technology | 9.26 |
| Telecommunications | 6.25 |
| Real Estate | 6.09 |
| Consumer Goods & Services | 4.69 |
| Utilities | 2.88 |
| Dividend Yield (Trailing Yield) | 2.80 |
| Top Holdings | % |
|---|---|
| Royal Bank of Canada | 9.40 |
| Toronto-Dominion Bank | 6.53 |
| Suncor Energy Inc | 4.58 |
| Microsoft Corp | 4.45 |
| Enbridge Inc | 4.33 |
| WSP Global Inc | 4.17 |
| Brookfield Asset Management Ltd Cl | 3.93 |
| Constellation Software Inc | 3.79 |
| Sun Life Financial Inc | 3.78 |
| Agnico Eagle Mines Ltd | 3.73 |
| Total of Top Holdings of the Fund (% of Net Assets): |
48.69 |
| Total Number of Securities Held: | 37 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 10.05 | 17.43 | 9.18 | -8.33 | 26.77 | -1.92 | 25.21 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 0.38 | 7.41 | 6.32 | 15.90 | 10.79 | 12.46 | 9.11 | 8.20 |
Disclosure
NBI Mutual Funds (the “Funds”) are offered by National Bank Investments Inc. an indirect wholly owned subsidiary of National Bank of Canada and sold by authorized dealers. Commissions, trailing commissions, management fees and expenses all may be associated with investments in the Funds. Please read the prospectus of the Funds before investing. The indicated rates of return are the historical annual compounded total returns which include changes in the value of securities and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. The Funds’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. For money market funds, there can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of the investment in a fund will be returned. The Funds are not guaranteed, their values change frequently and past performance may not be repeated.