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)

$96,587,336


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

     X    
Low       High

 

Equity Style and Capitalization Overview

  Growth Blend Value
Small      
Mid      
Large     X

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 January 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-3.5 3.1 2.4 -3.5 7.5 11.4 -- -- 15.5
Return of Capital Class FE/DSC-3.5 3.0 2.4 -3.5 7.5 11.4 -- -- 15.5
Dividend Tax Credit Class FE/DSC-3.5 3.0 2.4 -3.5 7.5 11.4 -- -- 15.5
Compound Growth Class FE/DSC-3.5 3.0 2.3 -3.5 7.3 11.2 -- -- 15.3
Benchmark - Russell 1000 Value Index ($CAD)  -2.3 6.1 7.9 -2.3 15.3 16.1 -- -- 21.4

Prices (Regular Series)

Tax Class Fund CodesNAVPU
as of
Daily Change Weekly ChangeTax Class Summary
  Front EndBack End 03/22/2017 % $ % $  
Capital Gains Class NXG4921NXG4927$13.0237 0.1015 0.0132 -1.3722 -0.1812Annual capital gains
(up to increase in NAV per share)
Compound Growth Class NXG4941NXG4947$18.8309 0.101 0.019 -1.3753 -0.2626Minimized distributions to maximize growth
Return of Capital Class 40 NXG4981NXG4987$15.9601 0.1016 0.0162 -1.3719 -0.222Monthly return of capital distribution
Dividend Tax Credit Class 40 NXG4991NXG4997$15.9601 0.1016 0.0162 -1.3719 -0.222Monthly 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 January 31 ]

Name Country Sector % of total holdings Market Value
EXXON MOBIL CORP UNITED STATES ENERGY 4.00% 3,757,433
JPMORGAN CHASE + CO UNITED STATES FINANCIALS 3.90% 3,684,663
CHEVRON CORP UNITED STATES ENERGY 3.60% 3,435,313
JOHNSON + JOHNSON UNITED STATES HEALTH CARE 3.10% 2,922,425
CISCO SYSTEMS INC UNITED STATES INFORMATION TECHNOLOGY 3.10% 2,910,164
FIFTH THIRD BANCORP UNITED STATES FINANCIALS 2.60% 2,487,832
AMERICAN FINANCIAL GROUP INC UNITED STATES FINANCIALS 2.30% 2,172,339
PFIZER INC UNITED STATES HEALTH CARE 2.20% 2,123,165
WELLS FARGO + CO UNITED STATES FINANCIALS 2.20% 2,102,090
BOEING CO/THE UNITED STATES INDUSTRIALS 2.20% 2,059,690
LOCKHEED MARTIN CORP UNITED STATES INDUSTRIALS 2.20% 2,032,577
CASH & EQUIVALENTS? CASH & EQUIVALENTS CASH & EQUIVALENTS? 2.10% 2,008,477
HELMERICH + PAYNE UNITED STATES ENERGY 1.90% 1,815,067
ROYAL DUTCH SHELL SPON ADR B UNITED KINGDOM ENERGY 1.90% 1,759,039
BB+T CORP UNITED STATES FINANCIALS 1.80% 1,730,127
WAL MART STORES INC UNITED STATES CONSUMER STAPLES 1.60% 1,695,635
SUNTRUST BANKS INC UNITED STATES FINANCIALS 1.80% 1,686,680
EDISON INTERNATIONAL UNITED STATES UTILITIES 1.80% 1,686,010
AMEREN CORPORATION UNITED STATES UTILITIES 1.80% 1,662,591
GLAXOSMITHKLINE PLC SPON ADR UNITED KINGDOM HEALTH CARE 1.70% 1,650,271
REGAL ENTERTAINMENT GROUP A UNITED STATES CONSUMER DISCRETIONARY 1.70% 1,607,298
PPL CORP UNITED STATES UTILITIES 1.70% 1,579,676
AFLAC INC UNITED STATES FINANCIALS 1.50% 1,447,703
MERCK + CO. INC. UNITED STATES HEALTH CARE 1.50% 1,386,127
COPA HOLDINGS SA CLASS A PANAMA INDUSTRIALS 1.40% 1,348,836
Total Displayed     55.60% 52,751,229
Total Holdings       94,426,712

Portfolio Sector Allocation
[ as of January 31** ]

FINANCIALS 23.50%
ENERGY 12.50%
HEALTH CARE 11.30%
INFORMATION TECHNOLOGY 11.10%
INDUSTRIALS 9.20%
UTILITIES 7.20%
CONSUMER DISCRETIONARY 6.70%
CONSUMER STAPLES 5.10%
REAL ESTATE 4.90%
MATERIALS 3.60%
TELECOMMUNICATION SERVICES 2.80%
CASH & EQUIVALENTS? 2.10%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of January 31 ]

UNITED STATES 87.10%
UNITED KINGDOM 3.60%
PANAMA 2.70%
CASH & EQUIVALENTS 2.10%
IRELAND 2.00%
BERMUDA 1.40%
NETHERLANDS 1.10%
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.