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):
$55.9
Price per Unit:
$23.89
Inception Date:
September 25, 2007
Value of $10,000 over 10 years:
$33,369
Management Fee:
0.85%
MER:
1.18%
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
-0.05
Beta
1.05
R-squared
0.91
Standard Deviation
12.01
Sharpe
1.09
Portfolio Asset Mix* (% of Net Assets)
| US Equity | 96.05 |
| Cash and Equivalents | 2.05 |
| Canadian Equity | 1.13 |
| International Equity | 0.77 |
| Third-Party funds | % |
|---|---|
| AGF American Growth Fund | 34.95 |
| PH&N U.S. Equity Fund | 34.95 |
| NBI U.S. Equity Private Portfolio | 30.10 |
Geographic Allocation*
| United States | 96.67% |
| Canada | 2.55% |
| Ireland | 0.54% |
| United Kingdom | 0.17% |
| Switzerland | 0.07% |
Sector Allocation*
| Technology | 45.86% |
| Consumer Services | 12.09% |
| Financial Services | 11.11% |
| Healthcare | 8.51% |
| Other | 5.93% |
| Industrial Goods | 4.48% |
| Consumer Goods | 4.34% |
| Real Estate | 3.13% |
| Energy | 2.35% |
| Industrial Services | 2.20% |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
| Portfolio | 0.93 | 10.28 | 28.73 | 19.25 | -10.44 | 17.64 | 13.34 |
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 | 2.98 | -2.02 | 5.58 | 9.19 | 23.41 | - | - | 21.92 | 05-13-2022 |
| NBI U.S. Equity Private Portfolio | -0.29 | -2.95 | 2.84 | 5.46 | 19.20 | 16.82 | - | 18.08 | 05-20-2020 |
| PH&N U.S. Equity Fund | 0.53 | -1.66 | 7.29 | 6.84 | 21.82 | 16.07 | 14.99 | 9.11 | 10-31-2002 |
| Portfolio | 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. | Incp. Date |
| Portfolio | 0.93 | -2.57 | 4.63 | 6.23 | 17.47 | 12.63 | 12.81 | 9.53 |
*Underlying fund data are as of October 31, 2025.