Investment Objective
To provide superior investment returns over the long term, having regard for the safety of capital. The fund invests in a diversified portfolio of primarily Canadian equities. It is expected that investments in foreign securities and foreign currencies will not exceed approximately 49% of the fund's net asset value.
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):
$1,087.7
Price per Unit:
$87.60
Inception Date:
June 12, 2009
Value of $10,000 over 10 years:
$19,513
Benchmark Index:
S&P/TSX Composite
Management Fee:
1.75%
MER:
2.14%
Portfolio Manager:
National Bank Investments Inc.
Sub-Advisor:
Mackenzie Financial Corporation
Available Fund Codes:
| Advisor Series | |
|---|---|
| Initial Sales Charge | NBC487 |
| Deferred Sales Charge | NBC587 |
| Low Sales Charge | NBC687 |
| F Series | NBC787 |
| O Series | NBC387 |
Portfolio Asset Mix
(% of Net Assets)
| Canadian Equity | 55.99% |
| US Equity | 31.81% |
| International Equity | 10.49% |
| Cash and Equivalents | 1.71% |
| Sector Allocation | % |
|---|---|
| Financial Services | 27.76 |
| Industrial Goods & Services | 23.47 |
| Technology | 14.74 |
| Consumer Goods & Services | 14.13 |
| Healthcare | 7.67 |
| Real Estate | 7.49 |
| Basic Materials | 4.74 |
| Dividend Yield (Trailing Yield) | 1.20 |
| Top Holdings | % |
|---|---|
| Stantec Inc | 5.16 |
| Royal Bank of Canada | 5.00 |
| Brookfield Asset Management Ltd Cl | 4.13 |
| Waste Connections Inc | 3.94 |
| Microsoft Corp | 3.85 |
| TMX Group Ltd | 3.69 |
| Loblaw Cos Ltd | 3.58 |
| Toronto-Dominion Bank | 3.54 |
| Thomson Reuters Corp | 3.35 |
| Intact Financial Corp | 3.33 |
| Total of Top Holdings of the Fund (% of Net Assets): |
39.57 |
| Total Number of Securities Held: | 43 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 6.75 | 10.43 | 10.65 | -12.57 | 22.96 | 10.49 | 24.29 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 0.38 | 5.48 | 3.30 | 9.03 | 7.94 | 8.86 | 6.91 | 6.80 |
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.