25% S&P/TSX Capped Composite Index 25% MSCI World Index 50% FTSE TMX Canada Universe Bond IndexBenchmark
Seeks to provide a combination of capital preservation, income generation and long term capital growth primarily through investment in a diversified portfolio of Canadian securities.
Natixis Strategic Balanced Class pursues the investment objective primarily through investment in publicly traded common and preferred equity and income trust securities and in government issued or guaranteed bonds, corporate debentures, mortgages, REITs, convertible debentures, asset backed securities and treasury bills.
Cidel seeks to invest in a broadly diversified portfolio of fixed income investments and equity securities of companies with attractive cash flow and valuation profiles, a track record of returning rising levels of cash flow to securityholders with a conservative bias.
Cidel seeks to invest in companies with quality management, a practice of increasing dividends or share buybacks, and identifiable growth opportunities.
Cidel utilizes a blend of interest rate anticipation, yield curve management, sector allocation, and credit analysis to reduce volatility and generate income and more consistent returns with a view to meeting the Fund’s investment objectives.
For the equity securities component, Cidel follows a security selection process consisting of company screening, bottom up fundamental research/valuation and a final decision making phase based on perceived margin of safety and portfolio and risk management considerations.
For the fixed income component, Cidel seeks to be diversified by industry sectors, types of issues, as well as individual issuers.
Who Should Invest in this Fund
Investors who want a core Canadian balanced investment.
Investors who want a combination of equity and fixed income investments and are comfortable with the risks of equity and fixed income securities.
Cidel Asset Management Inc. has deep roots in the Canadian investment community combined with global reach. Since 1959, the firm has provided proven expertise and complete investing and financial management services to a loyal and growing number of private clients, institutions, foundations and public agencies. An independent investment firm, Cidel consistently provides their clients with superior investment selection based on proprietary research, prudent judgment, and excellent service.
Cidel Asset Management Inc. is portfolio sub-advisor in respect of the Natixis Strategic Balanced Class. The Natixis Strategic Balanced Registered Fund invests substantially all its portfolio assets in non-publicly offered debt and Inter-Fund class shares of Natixis Strategic Balanced Class.
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 security holder that would have reduced returns. The rates of return are used only to illustrate the effects of the compound growth rate and are not intended to reflect future values of the investment fund or returns on investment in the investment fund. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
The payment of distributions for Dividend and the Return of Capital should not be confused with a mutual fund’s performance, rate of return or yield. If distributions paid by a mutual fund are greater than the performance of the fund, then the investment will decline. Distributions paid as a result of capital gains realized by a mutual fund and income and dividends earned by a fund are taxable in the investor’s hands in the year they are paid. For Return of Capital, the adjusted cost base will be reduced by the amount of any returns of capital. If the adjusted cost base goes below zero, then investors will have to pay capital gains tax on the amount below zero.
NGAM Canada LP (the “Manager”) currently reduces or absorbs all or any portion of the management fee and/or operating expenses of the Fund and can terminate the reduction or absorption at any time. The Manager expects to continue to absorb these fees or expenses until such time as the Fund is of sufficient size to reasonably absorb all fees and expenses. The MER for the Natixis Strategic Balanced Class, Dividend, Series A would be 2.57% if the Manager had not reduced or absorbed these expenses.
On December 9, 2016, the NexGen Canadian Diversified Income Tax Managed Fund merged into the Natixis Strategic Balanced Tax Managed Fund.
On October 17, 2016, the NexGen Turtle Canadian Balanced Tax Managed Fund changed its name to Natixis Strategic Balanced Tax Managed Fund. The sub-advisor for the fund was changed from Rondeau Capital Inc. and J. Zechner Associates Inc. to Cidel Asset Management Inc. (formerly Toron Asset Management International)
On June 5, 2015, NexGen Turtle Canadian Equity Tax Managed Fund, a fund previously offered by NGAM Canada LP, was merged into NexGen Turtle Canadian Balanced Tax Managed Fund.
On November 30, 2012, NexGen Canadian Growth and Income Tax Managed Fund, a fund previously offered by NGAM Canada LP, was merged into NexGen Turtle Canadian Balanced Tax Managed Fund.