Investment Objective
To produce long-term capital appreciation by investing primarily in exchange-traded funds that invest in Canadian or foreign fixed-income and equity securities.
Fund Details
Investment horizon
Fund volatility
Style
Sector
Deviation
Market
Capitalization
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Quarterly
Assets Under Management ($M):
$154.5
Price per Unit:
$13.05
Inception Date:
July 14, 2015
Value of $10,000 since inception:
$15,174
Benchmark Index:
Morningstar Canada Liquid Bond (40%)
S&P/TSX Composite (21%)
S&P 500 Index (CAD) (21%)
MSCI EAFE (CAD) (12%)
MSCI Emerging Markets (CAD) (6%)
Management Fee:
1.32%
MER:
1.72%
Portfolio Manager:
National Bank Investments Inc.
Available Fund Codes:
| Advisor Series | |
|---|---|
| Initial Sales Charge | NBC4235 |
| F Series | NBC4035 |
| F5 Series | NBC4135 |
| T5 Series | |
| Initial Sales Charge | NBC4335 |
Portfolio Asset Mix
(% of Net Assets)
| Domestic Bonds | 29.88% |
| Canadian Equity | 22.54% |
| International Equity | 20.73% |
| US Equity | 19.78% |
| Foreign Bonds | 4.22% |
| Cash and Equivalents | 1.52% |
| Other | 0.88% |
| Income Trust Units | 0.45% |
| Sector Allocation | % |
|---|---|
| Financial Services | 23.99 |
| Technology | 17.44 |
| Consumer Goods & Services | 13.79 |
| Industrial Goods & Services | 10.26 |
| Basic Materials | 9.75 |
| Energy | 7.31 |
| Healthcare | 5.80 |
| Utilities | 4.12 |
| Real Estate | 3.58 |
| Telecommunications | 2.39 |
| Other | 1.57 |
| Dividend Yield (Trailing Yield) | 2.37 |
| Top Holdings | % |
|---|---|
| iShares Core Canadian Universe Bond Idx ETF (XBB) | 22.30 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 13.23 |
| iShares Core MSCI EAFE ETF (IEFA) | 11.21 |
| BMO S&P 500 Index ETF (ZSP) | 11.07 |
| CI MStar Canada Moment Indx ETF (WXM) | 6.40 |
| BMO MSCI USA High Quality Index ETF (ZUQ) | 4.48 |
| Invesco S&P 500 Eql Wght ETF (RSP) | 4.46 |
| Schwab amental EM Large Co Index ETF (FNDE) | 4.43 |
| BMO Corporate Bond Index ETF (ZCB) | 4.03 |
| iShares Broad USD High Yield Corp Bond ETF (USHY) | 3.38 |
| Total of Top Holdings of the Fund (% of Net Assets): |
84.99 |
| Total Number of Securities Held: | 18 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 3.24 | 12.20 | 10.04 | -10.69 | 10.00 | 6.24 | 11.24 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 1.79 | 2.59 | 3.24 | 10.46 | 9.55 | 6.23 | - | 4.27 |
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.