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Fund Price: $25.12 (as at July 23, 2014)  1-day chg: $.13 0.52%  YTD: 14.55%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month 3.81% 3.42% 4.07%
3 Months 6.15% 5.42% 6.41%
6 Months 11.81% 10.53% 12.86%
1 Year 27.37% 26.05% 28.66%
2 Year Avg 16.98% 18.31% 17.82%
3 Year Avg 6.78% 7.73% 7.60%
4 Year Avg 9.38% 10.35% 10.78%
5 Year Avg 8.98% 10.10% 11.01%
10 Year Avg 8.36% 7.33% 8.77%
15 Year Avg 7.18% 6.73% 7.75%
20 Year Avg - 7.27% 9.26%
Since Inception 7.40% - -
 
2013 12.49% 17.39% 12.99%
2012 7.37% 7.31% 7.19%
2011 -9.60% -9.99% -8.71%
 
3 year risk 10.11 10.19 10.26
3 year beta 0.98 0.92 1.00

*S&P/TSX Total Return

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the S&P/TSX Total Return.

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending Aug 00): 63.72 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -36.85 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 10 High

Fund Objectives

The Fund seeks long term growth of capital by tracking the performance of a targeted Canadian equity index. The Fund will allow a "passive" strategy under which securities are only purchased or sold in order to match the performance of the S&P/TSE 60 Index, the target index. The fund will initially be managed using an "optimization" technique whereby securities are selected for the portfolio so that industry weightings, market capitalization, and certain fundamental characteristics (eg. price-earnings, dividend yield etc.) match the S&P/TSE 60 Index. A full replication strategy may be introduced by the manager at a later date. The manager may also invest in index participation units and other similar instruments.

Fund Facts

Fund Sponsor: National Bank Mutual Funds
Managed by: Altamira Management Ltd.
Fund Type: MF Trust
Inception Date: November 1998
Asset Class: Canadian Equity
Quartile Rank: 3 (3YR ending June 30, 2014)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.68%
Management Fee: 0.45%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$1,000
Subsequent:
$50
Min. Invest (initial RRSP):
$1,000
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation May 31, 2014

Equity Sector Weightings May 31, 2014

Fund Geography May 31, 2014

Top Holdings as at May 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 23, 2014
1 Year Performance (%)
RY-T Royal Bank of Canada Banks Canada Stock 8.14   21.83 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TD-T TD Bank Banks Canada Stock 7.49   27.09 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BNS-T Bank of Nova Scotia Banks Canada Stock 6.39   25.3 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SU-T Suncor Energy Integrated Oils Canada Stock 4.64   37.04 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CNR-T Canadian National Railway Transportation Canada Stock 4.13   45.54 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BMO-T Bank of Montreal Banks Canada Stock 3.72   25.79 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CNQ-T Canadian Natural Resources Oil and Gas Producers Canada Stock 3.63   43.54 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
VRX-T Valeant Pharmaceuticals Intl. Biotechnology & Pharmaceuticals Canada Stock 3.33   43.55 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
ENB-T Enbridge Inc. Oil Pipelines Canada Stock 3.24   16.38 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
BCE-T BCE Inc. Telephone Utilities Canada Stock 2.92   18.03 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CM-T CIBC Banks Canada Stock 2.88   27.98 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
MFC-T Manulife Financial Insurance Canada Stock 2.77   18.67 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
TRP-T TransCanada Corp. Management and Diversified Canada Stock 2.7   18.75 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
POT-T Potash Corp. of Saskatchewan Chemicals Canada Stock 2.54   -1.15 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CP-T Canadian Pacific Railway Transportation Canada Stock 2.17   63.7 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to July 23, 2014)

Frequency of Income Distributions: Annually

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Dec 27, 2013 0.4776 0.4776 0.4776 21.910

Portfolio Manager(s)

Hugo Sarkisian

Natcan Investment Mgmt. Inc.

Start Date: June, 2009

Fund Return: 8.33%

Also manages:Altamira International Index, Altamira Intl Currency Neutral Idx, Altamira US Currency Neutral Index, Altamira US Index

View fund manager performance report