NexGen Intrinsic Growth Tax Managed Fund

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

Fund Inception Date:

June 9, 2014


Fund Assets:

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

$7,449,550


Management Fee:

 

2.00%

View Fee Chart

Portfolio Sub-Advisor:

Portfolio Managers:
Joseph Sirdevan, CFA
Scott Connell, CFA
 

 

 
 
 
 
 

Investment Objective

  • The Fund seeks to provide long term capital growth primarily through investment in a diversified portfolio of Canadian and U.S. equity securities.

Who Should Invest in the Fund?

  • If you are seeking long term capital growth from your investment and you are comfortable with the risks associated with equity investments.
  • If you want exposure to Canadian and U.S. equities.
  • If you have a medium tolerance for risk.

Volatility Classification

Low     X     High

Equity Style and Capitalization Overview

  Growth Blend Value
Small    X  
Mid    X  
Large    X  

Investment Strategies

  • The subadvisor, Galibier Capital Management Ltd. (“Galibier”), follows a valuation driven, bottom up investment process. Galibier seeks underpriced securities by using fundamental research to determine a security’s underlying intrinsic value. Securities offering a discounted market price to intrinsic value are considered for the Fund
  • To be included in the Fund, a stock must pass Galibier’s rigorous research and valuation process, which calculates the intrinsic value for each stock incorporating projections of 3 to 5 year future earnings, cash flow and balance sheet structure.
  • The benchmark weighting between Canadian and U.S. Holdings in the Fund’s portfolio will be 75% Canadian / 25% U.S. However, depending upon Galibier’s assessment of the markets, the U.S. weighting may fluctuate from 0 – 50% and the Canadian weighting from 50 – 100%.

 


Performance [ as of February 28, 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/DSC1.8 1.9 6.5 1.3 24.2 -- -- -- 4.9
Return of Capital Class FE/DSC1.8 1.9 6.5 1.4 24.3 -- -- -- 4.9
Dividend Tax Credit Class FE/DSC1.8 1.9 6.5 1.3 24.1 -- -- -- 4.9
Compound Growth Class FE/DSC1.7 1.9 6.4 1.3 24.0 -- -- -- 4.8
Benchmark - 75% S&P / TSX Composite & 25% S&P 500 ($CAD)  1.6 3.7 8 2 23.2 -- -- -- 7.7

Prices (Regular Series)

Tax Class Fund CodesNAVPU
as of
Daily Change Weekly ChangeTax Class Summary
  Front EndBack End 03/24/2017 % $ % $  
Capital Gains Class NXG5721NXG5727$9.8932 0.3795 0.0374 -0.5599 -0.0557
Compound Growth Class NXG5741NXG5747$11.4332 0.3775 0.043 -0.5627 -0.0647
Return of Capital Class 40 NXG5781NXG5787$10.2929 0.3784 0.0388 -0.5584 -0.0578
Dividend Tax Credit Class 40 NXG5791NXG5797$10.2787 0.3789 0.0388 -0.5601 -0.0579

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 February 28 ]

Name Country Sector % of total holdings Market Value
CASH & EQUIVALENTS? CASH & EQUIVALENTS CASH & EQUIVALENTS? 7.70% 570,731
CAN IMPERIAL BK OF COMMERCE CANADA FINANCIALS 3.80% 282,196
THERMO FISHER SCIENTIFIC INC UNITED STATES HEALTH CARE 3.10% 229,866
CARGOJET INC CANADA INDUSTRIALS 2.90% 216,727
GILDAN ACTIVEWEAR INC CANADA CONSUMER DISCRETIONARY 2.90% 215,966
MANULIFE FINANCIAL CORP CANADA FINANCIALS 2.80% 208,421
ENGHOUSE SYSTEMS LTD CANADA INFORMATION TECHNOLOGY 2.80% 203,454
CENOVUS ENERGY INC CANADA ENERGY 2.70% 198,005
INDUSTRIAL ALLIANCE INSURANC CANADA FINANCIALS 2.70% 195,546
DREAM GLOBAL REAL ESTATE INV CANADA REAL ESTATE 2.60% 194,044
MARTINREA INTERNATIONAL INC CANADA CONSUMER DISCRETIONARY 2.60% 193,083
CGI GROUP INC CLASS A CANADA INFORMATION TECHNOLOGY 2.60% 192,278
MACDONALD DETTWILER + ASSOC CANADA INDUSTRIALS 2.50% 185,574
NORTHLAND POWER INC CANADA UTILITIES 2.50% 185,089
INTACT FINANCIAL CORP CANADA FINANCIALS 2.30% 169,865
DHX MEDIA LTD CANADA CONSUMER DISCRETIONARY 2.30% 169,024
NEW FLYER INDUSTRIES INC CANADA INDUSTRIALS 2.20% 164,699
ZIMMER BIOMET HOLDINGS INC UNITED STATES HEALTH CARE 2.20% 163,678
DAVITA INC UNITED STATES HEALTH CARE 2.20% 163,540
WSP GLOBAL INC CANADA INDUSTRIALS 2.20% 159,341
ALLIANCE DATA SYSTEMS CORP UNITED STATES INFORMATION TECHNOLOGY 2.10% 151,438
KERING UNSPONSORED ADR FRANCE CONSUMER DISCRETIONARY 2.00% 146,118
BANK OF NOVA SCOTIA CANADA FINANCIALS 2.00% 145,220
JPMORGAN CHASE + CO UNITED STATES FINANCIALS 2.00% 144,510
DH CORP CANADA INFORMATION TECHNOLOGY 1.90% 136,563
Total Displayed     67.60% 4,984,976
Total Holdings       7,375,414

Portfolio Sector Allocation
[ as of February 28** ]

FINANCIALS 20.50%
INDUSTRIALS 19.40%
INFORMATION TECHNOLOGY 16.70%
CONSUMER DISCRETIONARY 15.90%
HEALTH CARE 9.20%
CASH & EQUIVALENTS? 7.70%
ENERGY 2.70%
REAL ESTATE 2.60%
UTILITIES 2.50%
CONSUMER STAPLES 1.60%
TELECOMMUNICATION SERVICES 1.20%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of February 28 ]

CANADA 54.00%
UNITED STATES 33.50%
CASH & EQUIVALENTS 7.70%
FRANCE 2.00%
IRELAND 1.60%
GERMANY 1.20%
TOTAL 100.00%

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

 
NexGen Intrinsic Growth Funds 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.