Investment Objective
To generate income and long-term capital growth while focusing on hedging against inflation The fund invests directly, or through investments in securities of other mutual funds, in a portfolio composed mainly of common shares of companies in industry sectors associated with real assets and located around the world.
Fund Details
Investment horizon
At least 5 year
Fund volatility
Medium
Style: Value, , Market cap: Large
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Monthly
Assets Under Management ($M):
$1,628.0
Price per Unit:
$12.49
Inception Date:
February 1, 2016
Value of $10,000 since inception:
$17,078
Benchmark Index:
S&P Global Infrastructure
Management Fee:
1.70%
MER:
2.11%
Portfolio Manager:
National Bank Investments Inc.
Sub-Advisor:
Nuveen Asset Management, LLC
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 | NBC3499 |
| Deferred Sales Charge | NBC3599 |
| Low Sales Charge | NBC3699 |
| F Series | NBC3799 |
| F5 Series | NBC5799 |
| FH Series | NBC5099 |
| H Series | |
| Initial Sales Charge | NBC5199 |
| Deferred Sales Charge | NBC5299 |
| Low Sales Charge | NBC5399 |
| T5 Series | |
| Initial Sales Charge | NBC5499 |
| Deferred Sales Charge | NBC5599 |
| Low Sales Charge | NBC5699 |
Portfolio Asset Mix (% of Net Assets)
| US Equity | 53.61% |
| International Equity | 33.72% |
| Canadian Equity | 7.03% |
| Income Trust Units | 4.28% |
| Cash and Equivalents | 1.36% |
| Sector Allocation | % |
|---|---|
| Utilities | 52.57 |
| Industrial Goods & Services | 27.31 |
| Energy | 17.06 |
| Real Estate | 1.54 |
| Technology | 0.74 |
| Telecommunications | 0.60 |
| Mutual Fund | 0.18 |
| Dividend Yield (Trailing Yield) | 3.30 |
| Top Holdings | % |
|---|---|
| Entergy Corp | 6.39 |
| Nextera Energy Inc | 6.08 |
| Xcel Energy Inc | 5.88 |
| Sempra Energy | 5.08 |
| Aena SME SA | 4.31 |
| Williams Cos Inc | 3.37 |
| Iberdrola SA | 3.03 |
| Enbridge Inc | 2.93 |
| E.On SE Cl N | 2.90 |
| Enel SpA | 2.80 |
| Total of Top Holdings of the Fund (% of Net Assets): |
42.77 |
| Total Number of Securities Held: | 80 |
| Geographic Allocation | % |
|---|---|
| United States | 53.60 |
| European Union | 24.02 |
| Asia/Pacific Rim | 9.29 |
| Canada | 8.40 |
| Latin America | 4.48 |
| Japan | 0.21 |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 12.21 | 12.21 | 23.83 | 4.48 | -2.64 | 12.84 | -15.36 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| -3.63 | -1.71 | 4.04 | 12.21 | 13.23 | 9.79 | - | 5.55 |