Investment Objective
While the Multiple Asset Class Basket Private Pool (referred to hereafter as the “Private Pool”) seeks to attain long-term capital appreciation, it also aims to minimize the volatility ascribed to traditional asset classes. More specifically, is seeks to attain a return similar to that obtained by a traditional portfolio (60% equities, 40% fixed-income securities) and a lower volatility. Both the diversity of asset classes and the inclusion of non traditional asset classes allow for a reduction in risk and volatility. Your Investment Advisor may provide you with the complete Investment Policy Statement.
Fund Details:
Investment horizon
Fund volatility
Minimum Initial Investment:
$5,000
Subsequent Investment:
$500
Distribution Frequency:
-
Price per Unit:
$14.44
Inception Date:
January 14, 2011
Benchmark Index:
Morningstar Canada Liquid Bond (40%)
S&P/TSX Composite (21%)
S&P 500 Index (CAD) (21%)
MSCI EAFE (CAD) (12%)
MSCI Emerging Markets (CAD) (6%)
Portfolio Manager:
National Bank Investments Inc.
Management Fee:
-
How much does it cost?
Investment
from $1 to $250,000 - 1.60%
from $250,000.01 to $500,000 - 1.40%
from $500,000.01 to $1,000,000 - 1.15%
$1,000,000.01 or more - 0.90%
Available Fund Codes:
| O Series | NBC4006 |
| T Series | NBC4106 |
Portfolio Asset Mix
(% of Net Assets)
| Canadian Corporate Bonds | 25.52% |
| Canadian Equity | 23.40% |
| International Equity | 20.39% |
| US Equity | 20.22% |
| Canadian Government Bonds | 3.59% |
| Other | 3.50% |
| Foreign Corporate Bonds | 3.38% |
| Top Holdings | % |
|---|---|
| iShares Core Canadian Universe Bond Idx ETF (XBB) | 21.91 |
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 13.38 |
| iShares Core MSCI EAFE ETF (IEFA) | 11.12 |
| CI MStar Canada Moment Indx ETF (WXM) | 6.43 |
| iShares Core S&P 500 Index ETF (XUS) | 6.22 |
| BMO S&P 500 Index ETF (ZSP) | 5.24 |
| BMO MSCI USA High Quality Index ETF (ZUQ) | 4.56 |
| Invesco S&P 500 Eql Wght ETF (RSP) | 4.56 |
| Schwab amental EM Large Co Index ETF (FNDE) | 4.53 |
| BMO Corporate Bond Index ETF (ZCB) | 4.00 |
| Sector Allocation | % |
|---|---|
| Fixed Income | 32.51 |
| Financial Services | 12.15 |
| Other | 11.76 |
| Exchange Traded Fund | 10.51 |
| Technology | 9.28 |
| Basic Materials | 4.63 |
| Energy | 4.62 |
| Consumer Services | 4.21 |
| Industrial Goods | 3.65 |
| Consumer Goods | 3.58 |
| Healthcare | 3.10 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 5.03 | 13.87 | 11.77 | -9.08 | 11.68 | 7.60 | 12.96 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 0.89 | 5.82 | 2.01 | 9.67 | 10.06 | 7.50 | 5.97 | 6.45 |
What is a Private Pool?
A Private Pool is a private investment fund. In return for your investment in the Private Pool, you will receive units of the Private Pool. The value of these units is based on the value of the Private Pool’s underlying investments. A professional portfolio manager manages these investments on a discretionary basis.
Content
For the most part, the Private Pool will consist of exchange traded funds (ETFs), closed-end funds, alternative investments and individual securities. Target allocations for equities and fixed income are 60% and 40% respectively.
Who is this investment for?
Investors who:
- want income.
- want a balance between growth and capital protection.
- want to benefit from the inclusion of alternative investments in their asset allocations.
For more information
This summary may not contain all the information you need. Refer to the Discretionary Management Agreement for more detailed information. Should you require further information, please contact your National Bank Financial Investment Advisor.
A word about tax
In general, you’ll have to pay income tax on any gain and revenue generated from your investment. How much you pay depends on the tax laws that are applicable in the area you live in and whether or not you hold the investment in a registered plan, such as a Registered Retirement Savings Plan or a Tax-Free Savings Account. Keep in mind that if you hold your investment in a non-registered account, fund distributions or capital gains are included in your taxable income; whether they are paid, accrued or reinvested.