NexGen U.S. Dividend Plus Tax Managed Fund

  • FUND FACTS
  • PRICES & PERFORMANCE
  • HOLDINGS & STATS
  • DOCUMENTS

Fund Inception Date:

January 2, 2013


Fund Assets:

(includes Registered and Tax Managed Funds, all series, and all Tax Classes)

$98,603,049


Management Fee:

 

2.00%

View Fee Chart
Portfolio Sub-Advisor:

Portfolio Managers:
Don Nesbitt, CFA
Mikhail I. Alkhazov, CFA


 
 
 

Investment Objective

The Fund seeks to provide a combination of current cash flow and long term capital growth primarily through investment in a diversified portfolio of dividend paying US equity securities.

NexGen U.S. Dividend Plus Tax Managed Fund pursues the investment objective through direct investment primarily in U.S. equity securities, including American depositary receipts.


Who Should Invest in the Fund?

  • You are seeking a long term capital growth from your investment and are comfortable with the risks associated with equity investments.
  • You want exposure to a US equity fund focused on dividend paying stocks.
  • You have a medium tolerance for risk.

Volatility Classification

Low   Medium   High

 


Equity Style and Capitalization Overview

  Growth Blend Value
Small      
Mid      
Large      

Investment Strategies

  • The sub-advisor, Ziegler Capital Management, LLC (“Ziegler”), employs a bottom up security selection process which seeks to invest in dividend paying stocks that provide attractive fundamental value and demonstrate high quality earnings growth relative to their sector peers.
  • Ziegler selects the dividend yielding stocks from the universe of US stocks with market capitalizations over $1 billion and removes all companies that do not pay a dividend. Ziegler then uses additional screens to identify dividend paying stocks with characteristics such as strong cash flows, high earnings quality, and growth potential among others. Stocks are ranked within GICS (Global Industry Classifications Standards) by dividend yield with preference generally given to stocks with yields that exceed the average of its industry sector.
  • Zeigler uses qualitative fundamental analysis as well as additional earnings and dividend quality screens to remove candidates that do not appear to have the cash flow to support the dividend over the long term.
  • Zeigler generally targets a Fund dividend yield that is approximately 50% higher than that of the Russell 1000 Value benchmark before trading fees and expenses, but market conditions may cause the Fund’s yield advantage to deviate from the 50% target.


Performance [ as of March 31, 2017 1, 2 ]

Tax Class Series 1 mo. 3 mo. 6 mo. CYTD 1 yr. 3 yr. 5 yr. 10 yr. *Since
Inception
Capital Gain Class FE/DSC-0.3 1.9 9.3 1.9 15.8 11.6 -- -- 16.3
Return of Capital Class FE/DSC-0.3 1.9 9.3 1.9 15.7 11.6 -- -- 16.3
Dividend Tax Credit Class FE/DSC-0.3 1.9 9.3 1.9 15.7 11.6 -- -- 16.3
Compound Growth Class FE/DSC-0.3 1.9 9.2 1.9 15.5 11.4 -- -- 16.1
Benchmark - Russell 1000 Value Index ($CAD)  -0.5 2.5 11.9 2.5 22.5 15.6 -- -- 21.8

Prices (Regular Series)

Tax Class Fund CodesNAVPU
as of
Daily Change Weekly ChangeTax Class Summary
  Front EndBack End 04/26/2017 % $ % $  
Capital Gains Class NXG4921NXG4927$13.3793 -0.1105 -0.0148 2.2898 0.2995Annual capital gains
(up to increase in NAV per share)
Compound Growth Class NXG4941NXG4947$19.3420 -0.1105 -0.0214 2.2872 0.4325Minimized distributions to maximize growth
Return of Capital Class 40 NXG4981NXG4987$16.3343 -0.1101 -0.018 2.2901 0.3657Monthly return of capital distribution
Dividend Tax Credit Class 40 NXG4991NXG4997$16.3343 -0.1101 -0.018 2.2901 0.3657Monthly Canadian Dividends Distribution

NAVPU - by Series


1 Returns for 1 month, 3 month, 6 month and CYTD are simple rates of return. The returns for 1 year and Since Inception are annual compound rates of return. Assumes all dividends have been reinvested.
2 Returns represent fund performance and do not include any sales commissions or redemption fees payable by the investor.

Top 25 Holdings [ as of March 31 ]

Name Country Sector % of total holdings Market Value
JPMORGAN CHASE + CO UNITED STATES FINANCIALS 4.00% 3,861,276
EXXON MOBIL CORP UNITED STATES ENERGY 3.80% 3,708,620
CHEVRON CORP UNITED STATES ENERGY 3.50% 3,344,471
JOHNSON + JOHNSON UNITED STATES HEALTH CARE 3.40% 3,245,007
CISCO SYSTEMS INC UNITED STATES INFORMATION TECHNOLOGY 3.30% 3,232,787
FIFTH THIRD BANCORP UNITED STATES FINANCIALS 2.50% 2,444,423
AMERICAN FINANCIAL GROUP INC UNITED STATES FINANCIALS 2.50% 2,428,756
PFIZER INC UNITED STATES HEALTH CARE 2.40% 2,311,159
BOEING CO/THE UNITED STATES INDUSTRIALS 2.30% 2,250,602
LOCKHEED MARTIN CORP UNITED STATES INDUSTRIALS 2.30% 2,185,108
WELLS FARGO + CO UNITED STATES FINANCIALS 2.20% 2,097,071
EDISON INTERNATIONAL UNITED STATES UTILITIES 1.90% 1,859,434
WAL MART STORES INC UNITED STATES CONSUMER STAPLES 1.90% 1,848,944
GLAXOSMITHKLINE PLC SPON ADR UNITED KINGDOM HEALTH CARE 1.80% 1,786,951
AMEREN CORPORATION UNITED STATES UTILITIES 1.80% 1,740,461
ROYAL DUTCH SHELL SPON ADR B UNITED KINGDOM ENERGY 1.60% 1,725,328
HELMERICH + PAYNE UNITED STATES ENERGY 1.80% 1,714,328
PPL CORP UNITED STATES UTILITIES 1.80% 1,711,648
BB+T CORP UNITED STATES FINANCIALS 1.70% 1,690,432
SUNTRUST BANKS INC UNITED STATES FINANCIALS 1.70% 1,657,372
REGAL ENTERTAINMENT GROUP A UNITED STATES CONSUMER DISCRETIONARY 1.70% 1,617,049
COPA HOLDINGS SA CLASS A PANAMA INDUSTRIALS 1.60% 1,568,009
APPLE INC UNITED STATES INFORMATION TECHNOLOGY 1.60% 1,553,082
AFLAC INC UNITED STATES FINANCIALS 1.60% 1,512,438
MERCK + CO. INC. UNITED STATES HEALTH CARE 1.50% 1,434,452
Total Displayed     56.20% 54,529,207
Total Holdings       96,762,173

Portfolio Sector Allocation
[ as of March 31** ]

FINANCIALS 23.30%
ENERGY 11.90%
HEALTH CARE 11.90%
INFORMATION TECHNOLOGY 11.70%
INDUSTRIALS 9.70%
UTILITIES 7.50%
CONSUMER DISCRETIONARY 6.80%
CONSUMER STAPLES 5.30%
REAL ESTATE 4.80%
MATERIALS 3.50%
TELECOMMUNICATION SERVICES 2.70%
CASH & EQUIVALENTS? 0.90%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of March 31 ]

UNITED STATES 88.00%
UNITED KINGDOM 3.60%
PANAMA 2.90%
IRELAND 2.00%
BERMUDA 1.50%
NETHERLANDS 1.10%
CASH & EQUIVALENTS 0.90%
TOTAL 100.00%

** The Portfolio Sector Asset Allocations and Total Percentage Displayed in Top Holdings do not include non-cash working capital.

 

NexGen US Dividend Plus Fund Snapshot


Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.