Investment Objective
To produce long term capital appreciation by investing in Canadian and/or foreign fixed-income and equity securities.
Fund Details
Investment horizon
Fund volatility
Minimum Initial Investment:
-
Subsequent Investment:
-
Systematic Investment:
-
Distribution Frequency:
Quarterly
Assets Under Management ($M):
$796.0
Price per Unit:
$19.15
Inception Date:
December 30, 2015
Value of $10,000 since inception:
$19,583
Benchmark Index:
Morningstar Canada Liquid Bond (40%)
S&P/TSX Composite (30%)
MSCI World $C- UnH (30%)
Management Fee:
0.00%
MER:
0.42%
Portfolio Manager:
National Bank Financial
Available Fund Codes:
| O Series | NBC4008 |
Portfolio Asset Mix
(% of Net Assets)
| Domestic Bonds | 35.26% |
| US Equity | 24.02% |
| Canadian Equity | 12.57% |
| Other | 12.32% |
| International Equity | 12.15% |
| Income Trust Units | 1.82% |
| Foreign Bonds | 1.03% |
| Cash and Equivalents | 0.83% |
| Sector Allocation | % |
|---|---|
| Consumer Goods & Services | 18.98 |
| Exchange Traded Fund | 16.91 |
| Financial Services | 15.59 |
| Mutual Fund | 15.46 |
| Technology | 9.26 |
| Healthcare | 8.00 |
| Other | 6.11 |
| Telecommunications | 4.07 |
| Industrial Goods & Services | 3.28 |
| Utilities | 1.37 |
| Real Estate | 0.51 |
| Basic Materials | 0.38 |
| Energy | 0.08 |
| Dividend Yield (Trailing Yield) | 1.90 |
| Top Holdings | % |
|---|---|
| Fonds VP Alphafixe revenu fixe | 11.83 |
| iShares Core Canadian Govt Bond Index ETF (XGB) | 7.52 |
| BMO Government Bond Index ETF (ZGB) | 7.35 |
| iShares Core S&P/TSX Capped Composit Idx ETF (XIC) | 3.72 |
| MACKENZIE INATIONAL EQ ETF | 3.10 |
| BMO Low Volatility Canadian Equity ETF (ZLB) | 2.53 |
| BMO Low Volatility US Equity ETF (ZLU) | 2.04 |
| Berkshire Hathaway Inc Cl B | 2.00 |
| iShares Core MSCI EAFE IMI Index ETF (XEF) | 1.81 |
| iShares S&P/TSX Capped Utilities Index ETF (XUT) | 1.71 |
| Total of Top Holdings of the Fund (% of Net Assets): |
43.61 |
| Total Number of Securities Held: | 123 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 2.84 | 18.37 | 13.97 | -13.07 | 10.57 | 11.49 | 18.24 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 0.37 | 4.62 | -0.71 | 9.19 | 10.78 | 7.77 | - | 7.26 |
Disclosure
NBI Mutual Funds (the “Funds”) are offered by National Bank Investments Inc. an indirect wholly owned subsidiary of National Bank of Canada and sold by authorized dealers. Commissions, trailing commissions, management fees and expenses all may be associated with investments in the Funds. Please read the prospectus of the Funds before investing. The indicated rates of return are the historical annual compounded total returns which include changes in the value of securities and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. The Funds’ securities are not insured by the Canada Deposit Insurance Corporation or by any other government deposit insurer. For money market funds, there can be no assurances that a fund will be able to maintain its net asset value per security at a constant amount or that the full amount of the investment in a fund will be returned. The Funds are not guaranteed, their values change frequently and past performance may not be repeated.