Investment Objective
To achieve long-term capital appreciation by investing primarily in a diverse mix of U.S. equity mutual funds. The Portfolio may from time to time make direct investments in Canadian and foreign equity and fixed-income securities.
Fund Details
Investment horizon
At least 5 year
Fund volatility
Medium
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Annually
Assets Under Management ($M):
$50.6
Price per Unit:
$20.42
Inception Date:
September 25, 2007
Value of $10,000 over 10 years:
$27,480
Management Fee:
1.90%
MER:
2.38%
Management Fee Reduction Plan¹
For High Net Worth investors
Amount Applicable
| Level | to the level* | Reduction |
|---|---|---|
| 1 | First $250,000 | 0.025% |
| 2 | Next $250,000 | 0.050% |
| 3 | In excess of $500,000 | 0.075% |
¹ Subject to satisfying one of the Plan admissibility criteria.
* The levels apply according to the market value of the
assets.
Available Fund Code:
| Trust Portfolios | Fund Code |
|---|---|
| Advisor Series | |
| Initial Sales Charge | NBC7404 |
| Deferred Sales Charge | NBC7504 |
| Low Sales Charge | NBC7604 |
| F Series | NBC7704 |
| F5 Series | NBC8704 |
| T5 Series | |
| Initial Sales Charge | NBC8404 |
| Deferred Sales Charge | NBC8504 |
| Low Sales Charge | NBC8604 |
Portfolio Statistics
Alpha
-0.07
Beta
1.08
R-squared
0.93
Standard Deviation
12.51
Sharpe
0.78
Portfolio Asset Mix* (% of Net Assets)
| US Equity | 94.78 |
| Cash and Equivalents | 2.99 |
| Canadian Equity | 1.36 |
| International Equity | 0.87 |
| Third-Party funds | % |
|---|---|
| PH&N U.S. Equity Fund | 35.05 |
| AGF American Growth Fund | 34.78 |
| NBI U.S. Equity Private Portfolio | 30.17 |
Geographic Allocation*
| United States | 95.51% |
| Canada | 3.63% |
| Ireland | 0.57% |
| United Kingdom | 0.22% |
| Switzerland | 0.07% |
Sector Allocation*
| Technology | 42.46% |
| Financial Services | 12.85% |
| Consumer Services | 11.88% |
| Healthcare | 9.94% |
| Industrial Goods | 5.43% |
| Other | 5.35% |
| Consumer Goods | 3.41% |
| Real Estate | 3.00% |
| Cash and Cash Equivalent | 2.98% |
| Energy | 2.70% |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Portfolio | -4.47 | 8.94 | 27.22 | 17.88 | -11.46 | 16.31 | 12.10 |
Annualized Returns (%)
| Global Equities | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. | Incp. Date |
|---|---|---|---|---|---|---|---|---|---|
| AGF American Growth Fund | -4.21 | -1.34 | -4.28 | 19.87 | 21.54 | - | - | 19.59 | 05-13-2022 |
| NBI U.S. Equity Private Portfolio | -4.00 | -7.35 | -8.09 | 5.79 | 14.03 | 13.89 | - | 16.08 | 05-20-2020 |
| PH&N U.S. Equity Fund | -3.22 | -3.38 | -2.66 | 11.84 | 19.06 | 14.07 | 14.84 | 8.86 | 10-31-2002 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. | Incp. Date |
| Portfolio | -4.41 | -4.47 | -6.13 | 9.91 | 13.50 | 9.02 | 10.64 | 7.76 |
*Underlying fund data are as of December 31, 2025.