Investment Objective
To maximize long-term capital growth and to generate high dividend income. The fund invests, directly or through investments in securities of other mutual funds, in a portfolio consisting primarily of equity securities of Canadian and U.S. companies that pay dividends.
Fund Details
Investment horizon
Fund volatility
Style
Sector
Deviation
Market
Capitalization
Minimum Initial Investment:
$500
Subsequent Investment:
$50
Systematic Investment:
$25
Distribution Frequency:
Monthly
Assets Under Management ($M):
$93.7
Price per Unit:
$19.90
Inception Date:
May 21, 2015
Value of $10,000 over 10 years:
$24,369
Benchmark Index:
S&P/TSX Composite (50%)
S&P 500 Index (CAD) (50%)
Management Fee:
0.45%
MER:
0.68%
Portfolio Manager:
National Bank Investments Inc.
Sub-Advisor:
Jarislowsky, Fraser Limited
Available Fund Codes:
| Advisor Series | |
|---|---|
| Initial Sales Charge | NBC4251 |
| F Series | NBC4051 |
| F5 Series | NBC4151 |
| T5 Series | |
| Initial Sales Charge | NBC4351 |
Portfolio Asset Mix
(% of Net Assets)
| Canadian Equity | 50.94% |
| US Equity | 40.91% |
| International Equity | 6.45% |
| Cash and Equivalents | 1.70% |
| Sector Allocation | % |
|---|---|
| Financial Services | 35.38 |
| Consumer Goods & Services | 14.92 |
| Healthcare | 10.65 |
| Technology | 10.37 |
| Energy | 8.41 |
| Basic Materials | 5.16 |
| Real Estate | 5.09 |
| Industrial Goods & Services | 5.08 |
| Utilities | 3.01 |
| Telecommunications | 1.93 |
| Dividend Yield (Trailing Yield) | 2.73 |
| Top Holdings | % |
|---|---|
| Oracle Corp | 4.73 |
| Royal Bank of Canada | 4.06 |
| Brookfield Corp Cl | 3.51 |
| Becton Dickinson and Co | 3.24 |
| CME Group Inc Cl | 3.07 |
| Mastercard Inc Cl | 2.96 |
| Public Service Enterprise Group Inc | 2.96 |
| Toronto-Dominion Bank | 2.93 |
| Bank Ozk | 2.86 |
| Abbott Laboratories | 2.79 |
| Total of Top Holdings of the Fund (% of Net Assets): |
33.11 |
| Total Number of Securities Held: | 48 |
| Geographic Allocation | % |
|---|---|
| Canada | 52.64 |
| United States | 40.91 |
| European Union | 6.45 |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 6.19 | 19.62 | 12.32 | -4.23 | 23.61 | 3.12 | 20.07 |
Annualized Returns (%)
| 1 M | 3 M | 6 M | 1 Y | 3 Y | 5 Y | 10 Y | Incp. |
|---|---|---|---|---|---|---|---|
| 1.86 | 8.60 | 2.53 | 13.54 | 12.55 | 13.33 | 9.32 | 9.28 |
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.