Natixis Strategic Balanced Tax Managed Fund

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

Fund Inception Date:

May 31, 2010


Fund Assets:

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

$128,030,443


Management Fee:

 

2.00%

View Fee Chart
Portfolio Sub-Advisor:

 
Portfolio Managers:

Arthur Heinmaa, CFA
Ronald Patton, CFA
 

  
 
 
 

Investment Objective

  • The Fund 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

You Should Invest in this Fund if...

  • You should consider these Funds if you want a combination of equity and fixed income investments and you are comfortable with the risks of equity and fixed income securities
  • You want a core Canadian balanced investment
  • You have low to medium tolerance for risk

Volatility Classification

Low   Medium   High

 


Equity Style and Capitalization Overview

  Growth Blend Value
Small      
Mid      
Large      

Investment Strategies

  • 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.

Effective on or about December 9, 2016, the NexGen Canadian Diversified Income Funds were merged into the Natixis Strategic Balanced Funds.

Effective on or about October 17, 2016, the portfolio manager for the NexGen Turtle Canadian Balanced Funds was changed to Cidel Asset Management Inc. and the funds were renamed Natixis Strategic Balanced Registered Fund and Natixis Strategic Balanced Tax Managed Fund. The investment strategies of the NexGen Turtle Canadian Balanced Funds were changed on this date (indirectly in the case of NexGen Turtle Canadian Balanced Registered Fund) to reflect the investment style of Cidel and to provide for increased flexibility in achieving their investment objectives. Portfolio allocations and performance measurement periods prior to this date are reflective of the previous investment strategy.


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/DSC1.7 2.7 1.2 2.0 7.5 2.9 3.5 -- 2.9
Return of Capital Class FE/DSC1.7 2.7 1.2 2.0 7.5 3.0 3.5 -- 2.9
Dividend Tax Credit Class FE/DSC1.7 2.7 1.2 2.0 7.5 3.0 3.5 -- 2.9
Compound Growth Class FE/DSC1.7 2.7 1.2 1.9 7.4 2.9 3.4 -- 2.8
Benchmark - 50% FTSE TMX Canada Universe Bond Index, 25% S&P / TSX Composite Index & 25% MSCI World Net (C$)  1.7 2.4 2.8 1.7 12.9 5.1 5.5 -- 6.1

Prices (Regular Series)

Tax Class Fund CodesNAVPU
as of
Daily Change Weekly ChangeTax Class Summary
  Front EndBack End 03/24/2017 % $ % $  
Capital Gains Class NXG4321NXG4327$10.7361 0.1979 0.0212 0.0252 0.0027Annual capital gains
(up to increase in NAV per share)
Compound Growth Class NXG4341NXG4347$12.1090 0.1969 0.0238 0.0215 0.0026Minimized distributions to maximize growth
Return of Capital Class 40 NXG4381NXG4387$9.2105 0.198 0.0182 0.025 0.0023Monthly return of capital distribution
Dividend Tax Credit Class 40 NXG4391NXG4397$9.2105 0.198 0.0182 0.025 0.0023Monthly 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 February 28 ]

Name Country Sector % of total holdings Market Value
PROVINCE OF QUEBEC 3.50% 12/01/2022 CANADA PROVINCIAL BONDS 3.60% 4,038,506
CASH & EQUIVALENTS? CANADA CASH & EQUIVALENTS? 2.80% 3,572,656
CANADIAN GOVERNMENT 1.25% 02/01/2018 CANADA MUNICIPAL BONDS 1.30% 1,649,823
CCL INDUSTRIES INC CL B CANADA MATERIALS 1.20% 1,468,012
CANADIAN NATL RAILWAY CO CANADA INDUSTRIALS 1.10% 1,385,400
ROYAL BANK OF CANADA CANADA FINANCIALS 1.10% 1,379,664
US BANCORP UNITED STATES FINANCIALS 1.10% 1,343,385
SQUARE ENIX HOLDINGS CO LTD JAPAN INFORMATION TECHNOLOGY 1.00% 1,335,025
BANK OF MONTREAL CANADA FINANCIALS 1.00% 1,280,033
CANADIAN TIRE CORP CLASS A CANADA CONSUMER DISCRETIONARY 1.00% 1,279,320
NATIONAL BANK OF CANADA CANADA FINANCIALS 1.00% 1,275,300
TOROMONT INDUSTRIES LTD CANADA INDUSTRIALS 1.00% 1,274,075
RICHELIEU HARDWARE LTD CANADA INDUSTRIALS 1.00% 1,272,984
FORTIS INC CANADA UTILITIES 1.00% 1,272,326
UNITED OVERSEAS BANK LTD SINGAPORE FINANCIALS 1.00% 1,269,013
SAPUTO INC CANADA CONSUMER STAPLES 1.00% 1,258,836
HEINEKEN NV NETHERLANDS CONSUMER STAPLES 1.00% 1,225,619
TAIWAN SEMICONDUCTOR SP ADR TAIWAN INFORMATION TECHNOLOGY 0.90% 1,208,779
MID AMERICA APARTMENT COMM UNITED STATES REAL ESTATE 0.90% 1,192,484
ALGONQUIN POWER CO 4.09% 02/17/2027 CANADA CORPORATE BONDS 0.90% 1,191,762
COSTCO WHOLESALE CORP UNITED STATES CONSUMER STAPLES 0.90% 1,188,103
ROSS STORES INC UNITED STATES CONSUMER DISCRETIONARY 0.90% 1,182,489
ROGERS COMMUNICATIONS INC B CANADA TELECOMMUNICATION SERVICES 0.90% 1,182,112
JOHNSON + JOHNSON UNITED STATES HEALTH CARE 0.90% 1,180,846
DENTSPLY SIRONA INC UNITED STATES HEALTH CARE 0.90% 1,172,394
Total Displayed     29.40% 37,078,947
Total Holdings       127,364,449

Portfolio Sector Allocation
[ as of February 28** ]

CORPORATE BONDS 26.90%
FINANCIALS 14.40%
INDUSTRIALS 10.20%
CONSUMER DISCRETIONARY 6.50%
ENERGY 6.30%
CONSUMER STAPLES 5.90%
MUNICIPAL BONDS 4.30%
PROVINCIAL BONDS 4.10%
HEALTH CARE 4.00%
TELECOMMUNICATION SERVICES 3.60%
UTILITIES 3.50%
INFORMATION TECHNOLOGY 2.90%
CASH & EQUIVALENTS? 2.80%
MATERIALS 2.50%
TOTAL 100.00%

Portfolio Asset Allocation
[ as of February 28 ]

EQUITY 53.90%
FIXED INCOME 36.20%
PREFERRED SHARE 7.10%
CASH & EQUIVALENTS? 2.80%
TOTAL 100.00%

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

 
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.