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):
$1,584.1
Price per Unit:
$12.76
Inception Date:
February 1, 2016
Value of $10,000 since inception:
$17,258
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 | 54.75% |
| International Equity | 33.72% |
| Canadian Equity | 6.73% |
| Income Trust Units | 3.50% |
| Cash and Equivalents | 1.30% |
| Sector Allocation | % |
|---|---|
| Utilities | 52.23 |
| Industrial Goods & Services | 26.79 |
| Energy | 16.75 |
| Real Estate | 1.88 |
| Technology | 1.43 |
| Telecommunications | 0.63 |
| Mutual Fund | 0.18 |
| Other | 0.11 |
| Dividend Yield (Trailing Yield) | 3.35 |
| Top Holdings | % |
|---|---|
| Xcel Energy Inc | 6.51 |
| Nextera Energy Inc | 6.08 |
| Entergy Corp | 5.43 |
| Sempra Energy | 4.79 |
| Aena SME SA | 4.41 |
| Williams Cos Inc | 3.45 |
| Enel SpA | 3.16 |
| Enbridge Inc | 2.88 |
| Iberdrola SA | 2.87 |
| Transurban Group - Units | 2.83 |
| Total of Top Holdings of the Fund (% of Net Assets): |
42.41 |
| Total Number of Securities Held: | 78 |
| Geographic Allocation | % |
|---|---|
| United States | 54.76 |
| European Union | 23.77 |
| Asia/Pacific Rim | 8.03 |
| Canada | 8.03 |
| Latin America | 4.44 |
| Japan | 0.61 |
| Other European | 0.36 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 13.40 | 23.83 | 4.48 | -2.64 | 12.84 | -15.36 | 12.43 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| -0.68 | 3.43 | 7.70 | 18.64 | 15.89 | 11.64 | - | 5.76 |