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):
$102.4
Price per Unit:
$10.54
Inception Date:
October 7, 2010
Value of $10,000 over 10 years:
$14,953
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 | 71.01% |
| Canadian Equity | 21.21% |
| International Equity | 3.36% |
| US Equity | 2.08% |
| Cash and Equivalents | 2.03% |
| Foreign Bonds | 0.31% |
| Sector Allocation | % |
|---|---|
| Financial Services | 37.38 |
| Energy | 15.77 |
| Consumer Goods & Services | 13.48 |
| Industrial Goods & Services | 9.12 |
| Healthcare | 7.81 |
| Real Estate | 5.82 |
| Basic Materials | 3.90 |
| Technology | 3.45 |
| Telecommunications | 3.27 |
| Credit Rating | % |
|---|---|
| AAA | 0.36 |
| AA | 67.95 |
| A | 24.48 |
| BBB | 7.21 |
| Average Duration (Years) | 7.02 |
| Gross Yield to Maturity (%)† | 3.62 |
| Gross Current Yield (%)‡ | 3.96 |
| Top Holdings | % |
|---|---|
| Ontario Province 2.80% 02-Jun-2048 | 3.31 |
| Canada Government 1.25% 01-Mar-2027 | 2.94 |
| Canada Government 3.00% 01-Jun-2034 | 2.24 |
| Ontario Province 3.95% 02-Dec-2035 | 1.93 |
| Quebec Province 5.00% 01-Dec-2041 | 1.89 |
| Canada Government 2.75% 01-Dec-2055 | 1.72 |
| Ontario Province 3.75% 02-Dec-2053 | 1.56 |
| Royal Bank of Canada | 1.51 |
| Toyota Credit Canada Inc 4.52% 19-Mar-2027 | 1.38 |
| Toronto-Dominion Bank | 1.33 |
| Total of Top Holdings of the Fund (% of Net Assets): |
19.81 |
| Total Number of Securities Held: | 199 |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 5.39 | 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. |
|---|---|---|---|---|---|---|---|
| -0.64 | -0.07 | 2.73 | 5.39 | 7.21 | 3.49 | 4.10 | 4.65 |
†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.