NCM Small Companies Class

NCM Small Companies Class is a Canadian small cap equity fund focusing on fast-growing companies trading at reasonable valuations in an asset class that has historically outperformed.

This fund aims for wealth beyond the index by investing in high-quality smaller companies. Portfolio Manager Alex Sasso, CFA, has built a strong multi-decade track record in this unique asset class. Use this fund to target superior long-term returns.


Alex Sasso, CFA

Executive Management, Investment Management

Chief Executive Officer and Portfolio Manager of NCM Small Companies Class and NCM Income Growth Class.

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Current Price

November 3, 2026

$129.33
1.69% $2.15

Fund Benefits

Pursue returns

Small cap companies are the top line in virtually every long-term chart of stock market returns. This fund provides concentrated exposure to some of the most attractive names.

Manage risk

This fund follows a disciplined and proven investment methodology. It focuses on profitable and growing companies trading at reasonable valuations.

Trust experience

The fund has posted strong performance since 2005. Portfolio Manager Alex Sasso, CFA is one of the foremost experts on Canadian small cap companies.


Risk Rating

Risk Rating: 4 of 5 Low Medium High


Performance

Compounded Returns As at September 30, 2026

1 month 3 month 6 month 1 year 3 year* 5 year* 10 year* 15 year* Inception*
2.1% 5.9% 14.0% 32.3% 26.4% 14.9% 11.7% 11.7% 10.3%

Annual Returns As at September 30, 2026

YTD 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005*
26.0% 24.3% 22.9% 7.6% -6.1% 22.9% 12.2% 17.5% -12.1% 7.3% 10.2% -3.5% 2.2% 28.4% 9.4% -7.0% 32.5% 64.6% -51.9% 17.3% 19.5% 34.6%

Dividends As at September 30, 2026

YTD 2026 2025 2023 2018 2017
- $1.4038 $1.8685 $0.2937 $0.4050

Growth of $10,000

Top 10 Holdings As at September 30, 2026

  • Alaris Equity Partners Income Financials
  • Bird Construction Inc Industrials
  • Black Diamond Group Ltd Industrials
  • CES Energy Solutions Corp Energy
  • Dexterra Group Inc Industrials
  • Firan Technology Group Corp Information Technology
  • Hudbay Minerals Inc Materials
  • Jamieson Wellness Inc Consumer Staples
  • K92 Mining Inc Materials
  • Major Drilling Group International Inc Materials

Sector Allocation (%) As at September 30, 2026

    Holding %
  • Energy 11.2%
  • Basic Materials 23.3%
  • Industrials 26.4%
  • Consumer Discretionary 2.1%
  • Consumer Staples 4.6%
  • Healthcare 1.8%
  • Financials 4.4%
  • Information Technology 12.7%
  • Communication Services 4.1%
  • Utilities 2.4%
  • Real Estate 2.0%
  • Cash and Cash Equivalents 5.0%

DISCLAIMER

Except where indicated otherwise, F Series data, net of fees, * annualized.

Mutual fund shares or units of NCM Investments are offered for sale by way of prospectus in all provinces and territories of Canada. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the NCM Investments prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in share or unit value and reinvestment of all dividends or 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. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. If we have included a rate of return or mathematical table to illustrate the potential effects of a compound rate of return, it is not intended to reflect future values of the mutual fund or returns on investment in the mutual fund. Each series of the Fund has a different management fee, and accordingly the performance of each series will differ.