The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Fund Price: $8.97 (as at July 11, 2014)  1-day chg: $-.01 -0.11%  YTD: 5.46%

Returns as at June 30, 2014

  Fund Group Avg Index*
1 Month 1.29% 0.64% 0.64%
3 Months 3.26% 2.06% 2.06%
6 Months 5.70% 5.05% 5.14%
1 Year 7.81% 10.05% 10.13%
2 Year Avg 5.55% 6.86% 6.79%
3 Year Avg 4.37% 5.22% 5.34%
4 Year Avg 6.05% 5.75% 5.83%
5 Year Avg 6.49% 5.86% 5.84%
10 Year Avg - 4.18% 4.11%
15 Year Avg - 4.27% 4.44%
20 Year Avg - 5.95% 5.92%
Since Inception 3.00% - -
 
2013 1.78% 5.45% 5.41%
2012 4.60% 4.66% 4.61%
2011 3.84% 2.34% 2.22%
 
3 year risk 2.76 3.06 2.63
3 year beta 0.85 0.95 1.00

*Globe Cdn Fixed Inc Balanced Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe Cdn Fixed Inc Balanced Peer Index.

Risk Measures as at June 30, 2014

Best/Worst 12 months (since inception)
Best (ending Feb 10): 23.69 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Feb 09): -22.63 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: 3 High

Fund Objectives

The investment objective of the Fund is to provide high dividend income while emphasizing the preservation of the capital investment of unitholders. The Fund will invest the majority of its assets in preferred shares (whether floating rate, convertible or retractable) of Canadian issuers and up to 20% of its assets in high quality common shares yielding dividend income of Canadian issuers.

Fund Facts

Fund Sponsor: National Bank Mutual Funds
Managed by: National Bank Mutual Funds
Fund Type: MF Trust
Inception Date: January 2006
Asset Class: Canadian Fixed Income Balanced
Quartile Rank: 4 (3YR ending June 30, 2014)
Total Assets: N/A
Mgmt Exp. Ratio (MER): 0.95%
Management Fee: 0.75%
Load Type: No Load
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$50
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$50
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation March 31, 2013

Equity Sector Weightings March 31, 2013

Bond Type March 31, 2013

Top Holdings as at March 31, 2013

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 11, 2014
1 Year Performance (%)
  National Bank Bond Fund 20.54     bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
HXT-T Horizons S&P/TSX 60 Index ETF Investment Companies and Funds Canada Stock 2.0   24.7 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Altamira Preferred Equity Fd-Adv FE Fund 2.0     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 1.43   19.03 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 1.19   26.48 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SLF-T Sun Life Financial Inc. Insurance Canada Stock 1.12   20.4 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
GWO-T Great-West Lifeco Insurance Canada Stock 1.12   0.16 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  National Bank Money Market Fund 1.06     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 1.04   26.94 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 1.01   26.94 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
CPG-T Crescent Point Energy Oil and Gas Producers Canada Stock 1.01   16.4 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
SLF-T Sun Life Financial Inc. Insurance Canada Stock 0.96   20.4 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 0.87   12.11 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
RY-T Royal Bank of Canada Banks Canada Stock 0.84   27.13 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 11, 2014)

Frequency of Income Distributions: Quarterly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jun 25, 2014 0.0653 0.0653 0.2901 8.950
Mar 25, 2014 0.0741 0.0741 0.3020 8.760
Dec 27, 2013 0.0771 0.0771 0.3028 8.600
Sep 25, 2013 0.0736 0.0736 0.2772 8.590
Jun 25, 2013 0.0773 0.0773 0.2769 8.540
Mar 25, 2013 0.0749 0.0749 0.2757 8.860

Portfolio Manager(s)

Fiera Tactical Asset Allocation Team

Fiera Capital Corporation

Start Date: April, 2012

Fund Return: 3.97%

Also manages:Altamira Dividend, Altamira Tactical Asset Allocation, National Bank Balanced Diversified, National Bank Conservative Diversif, National Bank Growth Diversified, National Bank Moderate Diversified, National Bank Monthly Conserv Inc, National Bank Monthly Equity Income, National Bank Monthly High Income, National Bank Monthly Income, National Bank Monthly Moderate Inc, National Bank Monthly Secure Income, National Bank Secure Diversified

View fund manager performance report

Fiera Fixed Income Team

Fiera Capital Corporation

Start Date: April, 2012

Fund Return: 3.97%

Also manages:Altamira Dividend, Altamira Tactical Asset Allocation, National Bank Balanced Diversified, National Bank Conservative Diversif, National Bank Growth Diversified, National Bank Moderate Diversified, National Bank Monthly Conserv Inc, National Bank Monthly Equity Income, National Bank Monthly High Income, National Bank Monthly Income, National Bank Monthly Moderate Inc, National Bank Monthly Secure Income, National Bank Secure Diversified

View fund manager performance report

Fiera Canadian Equity Team

Fiera Capital Corporation

Start Date: April, 2012

Fund Return: 3.97%

Also manages:Altamira Dividend, National Bank Balanced Diversified, National Bank Conservative Diversif, National Bank Growth Diversified, National Bank Moderate Diversified, National Bank Monthly Conserv Inc, National Bank Monthly Equity Income, National Bank Monthly High Income, National Bank Monthly Income, National Bank Monthly Moderate Inc

View fund manager performance report