Investment Objective
To ensure long-term capital growth. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio comprised mainly of equity securities of U.S. companies.
Fund Details
Investment horizon
Fund volatility
Style
Sector
Deviation
Market
Capitalization
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Annually
Assets Under Management ($M):
$2,122.4
Price per Unit:
$74.19
Inception Date:
June 12, 2009
Value of $10,000 over 10 years:
$31,463
Benchmark Index:
S&P 500 (CAD)
Management Fee:
1.75%
MER:
2.22%
Portfolio Manager:
National Bank Investments Inc.
Sub-Advisor:
PineStone Asset Management Inc.
Management Fee Reduction Plan¹
For High Net Worth investors
Amount Applicable
| Level | to the level* | Reduction |
|---|---|---|
| 1 | First $250,000 | 0.050% |
| 2 | Next $250,000 | 0.100% |
| 3 | In excess of $500,000 | 0.150% |
¹ Subject to satisfying one of the Plan admissibility criteria.
* The levels apply according to the market value of the
assets.
Available Fund Codes:
| Advisor Series | |
|---|---|
| Initial Sales Charge | NBC443 |
| Deferred Sales Charge | NBC543 |
| Low Sales Charge | NBC643 |
| Advisor- U.S. $ Series | |
| Initial Sales Charge | NBC442 |
| F Series | NBC743 |
| F- U.S. $ Series | |
| F- U.S.$ Series | NBC5143 |
| F5 Series | NBC5743 |
| FH Series | NBC5043 |
| H Series | |
| Initial Sales Charge | NBC5243 |
| O Series | NBC343 |
| T5 Series | |
| Initial Sales Charge | NBC5443 |
| Deferred Sales Charge | NBC5543 |
| Low Sales Charge | NBC5643 |
Portfolio Asset Mix
(% of Net Assets)
| US Equity | 96.62% |
| International Equity | 3.31% |
| Cash and Equivalents | 0.07% |
| Sector Allocation | % |
|---|---|
| Technology | 29.91 |
| Consumer Goods & Services | 25.65 |
| Financial Services | 22.83 |
| Industrial Goods & Services | 10.34 |
| Basic Materials | 6.65 |
| Healthcare | 4.62 |
| Dividend Yield (Trailing Yield) | 1.08 |
| Top Holdings | % |
|---|---|
| Microsoft Corp | 10.61 |
| Alphabet Inc Cl | 8.47 |
| Moody's Corp | 7.46 |
| Autozone Inc | 6.71 |
| Oracle Corp | 6.34 |
| Mastercard Inc Cl | 5.72 |
| CME Group Inc Cl | 4.17 |
| TJX Cos Inc | 3.63 |
| Sherwin-Williams Co | 3.34 |
| Linde PLC | 3.31 |
| Total of Top Holdings of the Fund (% of Net Assets): |
59.76 |
| Total Number of Securities Held: | 27 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| -0.52 | 18.80 | 17.17 | -10.95 | 30.15 | 17.57 | 25.50 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 2.80 | 8.05 | -4.57 | 4.51 | 12.32 | 11.70 | 12.15 | 13.32 |
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.