Investment Objective
To ensure long-term capital growth and to generate high income. The fund invests directly, or through investments in securities of other mutual funds, in a portfolio comprised mainly of debt securities of Canadian and U.S. companies.
Fund Details
Investment horizon
At least 3 years
Fund volatility
Low
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Monthly
Assets Under Management ($M):
$1,288.3
Price per Unit:
$10.20
Inception Date:
June 1, 2010
Value of $10,000 over 10 years:
$11,852
Benchmark Index:
FTSE Can Corp. (CAD)
Management Fee:
1.25%
MER:
1.64%
Portfolio Manager:
National Bank Investments Inc.
Sub-Advisor:
Beutel, Goodman & Company Limited (Beutel), RP Investment Advisors LP (RPIA)
Available Fund Codes:
| Investor Series | NBC849 |
Portfolio Asset Mix (% of Net Assets)
| Cdn Corp Bonds - Invest Grade | 44.75% |
| Cdn Corp Bonds - Other | 34.45% |
| Canadian Government Bonds | 7.10% |
| Cash and Equivalents | 3.81% |
| Other | 2.81% |
| Foreign Corp Bonds - Other | 2.57% |
| Canadian high yield bonds | 2.31% |
| Canadian Provincial Bonds | 2.20% |
| Credit Rating | % |
|---|---|
| AAA | 2.83 |
| AA | 31.12 |
| A | 16.36 |
| BBB | 45.98 |
| BB | 3.71 |
| Average Duration (Years) | 5.72 |
| Average Maturity (Years) | 10.02 |
| Gross Yield to Maturity (%)† | 3.92 |
| Gross Current Yield (%)‡ | 4.67 |
| Top Holdings | % |
|---|---|
| Bank of Montreal 4.54% 18-Nov-2028 | 2.63 |
| Canada Government 2.75% 01-Dec-2055 | 2.39 |
| Royal Bank of Canada 3.63% 10-Dec-2027 | 1.87 |
| Oracle Corp. 5.20% 26-Sep-2035 | 1.84 |
| Canada Government 3.25% 01-Sep-2028 | 1.71 |
| Chip Mortgage Trust 3.97% 01-Sep-2050 | 1.57 |
| Canadian Imperial Bank Commrce 3.65% 10-Dec-2028 | 1.52 |
| Canada Government 3.25% 01-Jun-2035 | 1.35 |
| Royal Bank of Canada 4.21% 03-Jul-2030 | 1.29 |
| Government of Canada 2.50% 01-Nov-2027 | 1.28 |
| Total of Top Holdings of the Fund (% of Net Assets): |
17.45 |
| Total Number of Securities Held: | 232 |
| Allocation by Maturity | % |
|---|---|
| Short Term | 37.86 |
| Mid Term | 25.42 |
| Long Term | 36.72 |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 2.62 | 2.62 | 5.92 | 7.14 | -11.28 | -2.69 | 6.92 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| -0.85 | -0.26 | 1.42 | 2.62 | 5.21 | 0.11 | 1.71 | 2.42 |
†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.