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)

$7,859,410


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 April 30, 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/DSC2.0 5.5 11.6 5.1 19.9 -- -- -- 5.9
Return of Capital Class FE/DSC2.0 5.6 11.7 5.2 20.1 -- -- -- 6.0
Dividend Tax Credit Class FE/DSC2.0 5.6 11.6 5.1 19.9 -- -- -- 5.9
Compound Growth Class FE/DSC2.0 5.5 11.6 5.1 19.8 -- -- -- 5.9
Benchmark - 75% S&P / TSX Composite & 25% S&P 500 ($CAD)  1.2 4 9 4.4 18.2 -- -- -- 8.1

Prices (Regular Series)

Tax Class Fund CodesNAVPU
as of
Daily Change Weekly ChangeTax Class Summary
  Front EndBack End 05/26/2017 % $ % $  
Capital Gains Class NXG5721NXG5727$10.2452 -0.2463 -0.0253 1.1482 0.1163
Compound Growth Class NXG5741NXG5747$11.8399 -0.2469 -0.0293 1.1568 0.1354
Return of Capital Class 40 NXG5781NXG5787$10.5943 -0.2458 -0.0261 1.1611 0.1216
Dividend Tax Credit Class 40 NXG5791NXG5797$10.5777 -0.2471 -0.0262 1.1581 0.1211

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 April 30 ]

Name Country Sector % of total holdings Market Value
CAN IMPERIAL BK OF COMMERCE CANADA FINANCIALS 3.40% 266,805
MANULIFE FINANCIAL CORP CANADA FINANCIALS 3.30% 254,554
THERMO FISHER SCIENTIFIC INC UNITED STATES HEALTH CARE 3.20% 247,892
GILDAN ACTIVEWEAR INC CANADA CONSUMER DISCRETIONARY 3.10% 245,617
MARTINREA INTERNATIONAL INC CANADA CONSUMER DISCRETIONARY 3.10% 243,870
INDUSTRIAL ALLIANCE INSURANC CANADA FINANCIALS 3.10% 242,857
CENOVUS ENERGY INC CANADA ENERGY 2.70% 214,616
CARGOJET INC CANADA INDUSTRIALS 2.70% 211,954
NORTHLAND POWER INC CANADA UTILITIES 2.70% 209,497
CGI GROUP INC CLASS A CANADA INFORMATION TECHNOLOGY 2.60% 207,456
WSP GLOBAL INC CANADA INDUSTRIALS 2.60% 203,794
DREAM GLOBAL REAL ESTATE INV CANADA REAL ESTATE 2.50% 194,634
MACDONALD DETTWILER + ASSOC CANADA INDUSTRIALS 2.40% 190,405
NEW FLYER INDUSTRIES INC CANADA INDUSTRIALS 2.40% 190,382
CASH & EQUIVALENTS? CASH & EQUIVALENTS CASH & EQUIVALENTS? 2.40% 187,776
INTACT FINANCIAL CORP CANADA FINANCIALS 2.40% 187,394
RYANAIR HOLDINGS PLC SP ADR IRELAND INDUSTRIALS 2.40% 186,339
ALPHABET INC CL C UNITED STATES INFORMATION TECHNOLOGY 2.20% 174,596
EXCHANGE INCOME CORP CANADA INDUSTRIALS 2.20% 173,498
ZIMMER BIOMET HOLDINGS INC UNITED STATES HEALTH CARE 2.20% 172,042
ENGHOUSE SYSTEMS LTD CANADA INFORMATION TECHNOLOGY 2.20% 170,094
BANK OF NOVA SCOTIA CANADA FINANCIALS 2.10% 167,695
DAVITA INC UNITED STATES HEALTH CARE 2.10% 167,234
DHX MEDIA LTD CANADA CONSUMER DISCRETIONARY 2.10% 163,506
PARKLAND FUEL CORP CANADA ENERGY 2.10% 160,741
Total Displayed     64.20% 5,035,246
Total Holdings       7,829,071

Portfolio Sector Allocation
[ as of April 30** ]

INDUSTRIALS 22.20%
FINANCIALS 22.00%
CONSUMER DISCRETIONARY 15.70%
INFORMATION TECHNOLOGY 13.30%
HEALTH CARE 9.30%
ENERGY 6.70%
UTILITIES 2.70%
REAL ESTATE 2.50%
CASH & EQUIVALENTS? 2.40%
CONSUMER STAPLES 2.00%
TELECOMMUNICATION SERVICES 1.20%
TOTAL 100.00%

Portfolio Geographic Allocation
[ as of April 30 ]

CANADA 57.10%
UNITED STATES 33.80%
CASH & EQUIVALENTS 2.40%
IRELAND 2.40%
FRANCE 1.90%
NETHERLANDS 1.20%
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.