Investment Objective
To provide regular income and to achieve moderate capital growth by investing in a diversified portfolio comprised primarily of Canadian fixed income and equity securities. The fund may invest approximately 30% of its assets in equity or fixed-income securities of foreign issuers.
Fund Details
Investment horizon
At least 3 years
Fund volatility
Low to Medium
Style: Blend, Sector Deviation: Moderate, Market cap: Large
Minimum Initial Investment:
$10,000
Subsequent Investment:
$1,000
Systematic Investment:
-
Distribution Frequency:
Monthly
Assets Under Management ($M):
$93.3
Price per Unit:
$10.63
Inception Date:
October 7, 2010
Value of $10,000 over 10 years:
$14,826
Benchmark Index:
Morningstar Canada Liquid Bond (70%)
S&P/TSX Composite (25%)
FTSE Can. 91 T-Bills (5%)
Management Fee:
0.65%
MER:
0.84%
Portfolio Manager:
National Bank Investments Inc.
Sub-Advisor:
Jarislowsky, Fraser Limited
Available Fund Codes:
| E Series | NBC3900 |
Portfolio Asset Mix (% of Net Assets)
| Domestic Bonds | 64.91% |
| Canadian Equity | 25.49% |
| Cash and Equivalents | 4.27% |
| International Equity | 2.45% |
| US Equity | 2.08% |
| Foreign Bonds | 0.80% |
| Sector Allocation | % |
|---|---|
| Financial Services | 34.17 |
| Energy | 15.19 |
| Industrial Goods & Services | 11.96 |
| Consumer Goods & Services | 7.96 |
| Technology | 7.66 |
| Healthcare | 6.93 |
| Basic Materials | 6.90 |
| Real Estate | 5.83 |
| Telecommunications | 3.40 |
| Credit Rating | % |
|---|---|
| AA | 73.49 |
| A | 18.79 |
| BBB | 7.72 |
| Average Duration (Years) | 7.16 |
| Gross Yield to Maturity (%)† | 3.73 |
| Gross Current Yield (%)‡ | 4.04 |
| Top Holdings | % |
|---|---|
| Canada Government 3.25% 01-Dec-2035 | 4.46 |
| Ontario Province 2.80% 02-Jun-2048 | 2.64 |
| Canada Housing Trust 3.50% 15-Mar-2036 | 1.93 |
| Ontario Province 3.95% 02-Dec-2035 | 1.83 |
| Canada Government 1.50% 01-Dec-2031 | 1.69 |
| Canada Government 4.00% 01-Jun-2041 | 1.64 |
| Brookfield Corp Cl | 1.44 |
| Quebec Province 3.50% 01-Dec-2048 | 1.36 |
| Royal Bank of Canada | 1.30 |
| BNP Paribas SA - ADR | 1.27 |
| Total of Top Holdings of the Fund (% of Net Assets): |
19.56 |
| Total Number of Securities Held: | 200 |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 2.58 | 5.39 | 7.90 | 8.36 | -9.41 | 6.35 | 6.73 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 1.42 | 0.03 | 1.92 | 5.73 | 7.03 | 3.53 | 4.02 | 4.70 |
†The rate of return anticipated on a bond if it is held until the maturity date expressed as an annual rate. It is assumed that all coupons are reinvested at the same rate.
‡Annual income paid by a bond or a stock, expressed as a percentage of its current market price. It does not include any capital gains or losses that may be realized upon maturity.