Seeks to provide long term capital growth primarily through investment in a diversified portfolio of U.S. equity securities.
Under normal circumstances, the Fund invests at least 80% of its assets in equity investments of large and mid-capitalization companies. The Fund generally defines large capitalization companies as those with a market capitalization over $10 billion at the time of purchase, and mid-capitalization companies as those with market capitalization between $1 billion and $10 billion, at the time of purchase.
In implementing its main strategies, the Fund invests primarily in a broad portfolio of common stocks of companies within the Russell 1000 Growth Index that J.P. Morgan believes have characteristics such as attractive valuations, high quality and/or strong momentum that should lead to relative out performance.
In identifying high quality securities, J.P. Morgan looks for profitable companies with sustainable earnings and disciplined management. In identifying securities that have strong momentum, J.P. Morgan looks for securities which have prices and/or earnings that have been increasing and that J.P. Morgan believes will continue to increase.
Who Should Invest in this Fund
Investors who want exposure to U.S. equities.
Investors seeking long term capital growth from their investment and are comfortable with the risks associated with equity investments.
Cash & Equivalents reflects unsettled trades, fees and derivatives and any other cash and equivalents positions held within the Fund.
In the sector allocation, the calculations are based on the specific traits of each security related to that distribution, which can result in variations of the Cash & Equivalents weightings.
J.P. MORGAN ASSET MANAGEMENT (CANADA)
Managed the Fund Since
Joined the Firm
Began Investment Career
Dennis Ruhl, CFA
Chief Investment Officer, Managing Director
Managing Director and Senior Portfolio Manager
Pavel Vaynshtok, CFA
Managing Director and Senior Portfolio Manager
J.P. Morgan Asset Management (Canada) Inc. is a leading asset manager for individuals, advisors and institutions. Their investment professionals are located around the world, providing strategies that span the full spectrum of asset classes.
J.P. Morgan Asset Management (Canada) Inc. is portfolio sub-advisor in respect of the Natixis U.S. Growth Class. The Natixis U.S. Growth Registered Fund invests substantially all its portfolio assets in non-publicly offered debt and Inter-Fund class shares of Natixis U.S. Growth Class. J.P. Morgan Asset Management (Canada) Inc. has retained J.P. Morgan Investment Management Inc. of New York as an advisor to it.
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 U.S. Growth Class, Dividend, Series A would be 3.25% if the Manager had not reduced or absorbed these expenses.
On June 6, 2014, NexGen North American Growth Tax Managed and NexGen North American Small/Mid Cap Tax Managed Fund, both funds previously offered by NGAM Canada LP, were merged into NexGen U.S. Growth Tax Managed Fund.