Investment Objective
To provide long-term capital growth while following a sustainable approach to investing. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of companies located around the world.
Fund Details
Investment horizon
Fund volatility
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Annually
Assets Under Management ($M):
$186.3
Price per Unit:
$11.56
Inception Date:
June 17, 2021
Value of $10,000 since inception:
$11,677
Benchmark Index:
MSCI ACWI Index
Management Fee:
0.65%
MER:
0.98%
Portfolio Manager:
National Bank Investments Inc.
Sub-Advisor:
AllianceBernstein L.P.
Available Fund Codes:
| Advisor Series | |
|---|---|
| Initial Sales Charge | NBC5454 |
| F Series | NBC5754 |
| O Series | NBC9109 |
Portfolio Asset Mix
(% of Net Assets)
| US Equity | 50.25% |
| International Equity | 41.41% |
| Canadian Equity | 4.86% |
| Cash and Equivalents | 3.48% |
| Sector Allocation | % |
|---|---|
| Technology | 35.81 |
| Industrial Goods & Services | 15.25 |
| Financial Services | 14.22 |
| Healthcare | 12.99 |
| Consumer Goods & Services | 8.61 |
| Utilities | 7.04 |
| Real Estate | 3.73 |
| Basic Materials | 2.35 |
| Dividend Yield (Trailing Yield) | 1.00 |
| Top Holdings | % |
|---|---|
| Microsoft Corp | 4.07 |
| Flex Ltd | 3.39 |
| NVIDIA Corp | 3.33 |
| Visa Inc Cl | 2.49 |
| Taiwan Semiconductor Manufactrg Co Ltd | 2.47 |
| London Stock Exchange Group PLC | 2.46 |
| Cia de Saneamento Basico Estdo Sao Plo | 2.43 |
| Rockwell Automation Inc | 2.38 |
| Cameco Corp | 2.27 |
| Veralto Corp | 2.26 |
| Total of Top Holdings of the Fund (% of Net Assets): |
27.55 |
| Total Number of Securities Held: | 56 |
| Geographic Allocation | % |
|---|---|
| United States | 50.27 |
| European Union | 15.12 |
| Asia/Pacific Rim | 10.46 |
| Canada | 8.34 |
| Other | 7.82 |
| Latin America | 5.33 |
| Japan | 2.66 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 0.00 | 14.31 | 12.89 | -20.09 | - | - | - |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 3.40 | 7.34 | 0.00 | 4.63 | 11.62 | - | - | 3.92 |
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.