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NCM Income Growth Class
- Mutual Fund Corporation
- F Series
- CDN$
About the Fund
A Canadian balanced fund that combines small and mid cap dividend growth businesses with the stability of high yield fixed income securities.
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Current Price
Jun 23, 2021
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$16.73
0.18% $0.03
Investment Managers
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Alex Sasso CFA
Chief Executive Officer & Portfolio Manager
Tel. 1.416.640.6719
- ExpertiseCanadian Small and Mid Cap Investing
After graduating from the University of Windsor with a B.A. in Economics and Finance, Alex took a job with a leading retail and institutional investment firm in 1991. In 2004, Alex left to join NCM Asset Management Ltd (formerly Hesperian Capital Management) as a senior partner and Portfolio Manager involved with the firm’s small and mid cap mandates. He was appointed the firm’s Chief Executive Officer in 2009.
Specializing in Canadian small and mid cap equities, Alex has a strong track record of success in this less efficient and often ignored segment of the market. He uses his extensive and broad knowledge of the Canadian market to create and manage products that have the opportunity to add significant value to investors.
Alex is the leader of NCM and has been integral in the growth of the company since he joined through his strong work ethic, experience, speaking engagements and interviews in the newspaper and on television.
Alex is currently the Portfolio Manager of NCM Small Companies Fund and NCM Income Growth Class and has been since its inception. He also sits on the asset mix committee of the three NCM pension products and is a CFA charter holder.
Related Funds
Fund Traits
Canadian balanced fund that combines small and mid cap dividend growth businesses with the stability of high yield fixed income securities
Targets a $0.0563 per share monthly tax-advantaged dividend
Blends growth, yield, and stability without sacrificing upside potential
Compounded Returns (%) as at May 31, 2021
| 1 month | 3 month | 6 month | 1 year | 3 year* | 5 year* | 10 year* | 15 year* | S.I.* |
|---|---|---|---|---|---|---|---|---|
| 0.2% | 9.0% | 21.2% | 54.2% | 10.4% | 8.7% | 7.6% | 8.7% | 9.3% |
Annual Returns as at May 31, 2021
| 2021 YTD | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.5% | 8.8% | 17.7% | -11.5% | 6.3% | 13.6% | 1.7% | -2.2% | 22.2% | 13.2% | 3.3% | 33.0% | 42.6% | -33.1% | 20.5% | 14.8% |
as at May 31, 2021Dividends
| 2021 YTD | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Eligible Dividends | $0.324 | $0.576 | $0.66 | $0.66 | $0.19 | $0.78 | $0.78 | $0.58 | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 | $0.12 |
| Capital Gains | - | - | - | $0.13 | $0.59 | - | - | $0.19 | - | - | - | - | - | $0.60 |
| Return of Capital | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total | $0.234 | $0.576 | $0.66 | $0.79 | $0.78 | $0.78 | $0.78 | $0.77 | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 |
Growth of $10,000
Top 10 Holdings
as at May 31, 2021
- HoldingSector
- Alaris Equity Partners IncomeFinancials
- CT REITReal Estate
- FirstService Corp.Real Estate
- Goeasy LtdFinancials
- Hardwoods Distribution Inc.Industrials
- HoldingSector
- Information Services CorpReal Estate
- Intertape Polymer Group Inc.Materials
- Lifeworks Inc.Industrials
- NCM Core Income FundFixed Income
- Parkland Corp/CanadaEnergy
Portfolio Allocation (%)
As of May 31, 2021
- Holding%
- Energy16.3
- Basic Materials9.8
- Industrials16.6
- Consumer Discretionary3.0
- Financials18.9
- Real Estate16.2
- Fixed Income10.1
- Cash8.8
Geographic Allocation (%)
As of May 31, 2021
- Holding%
- Canada81.1
- Fixed Income10.1
- Cash8.8
Fund Allocation (%)
As of May 31, 2021
- Holding%
- Giant9.0
- Large16.1
- Mid34.2
- Small12.6
- Micro9.1
- Fixed Income10.1
- Cash8.8
Notes
* Annualized
Disclaimer
Except where indicated otherwise, F Series data, net of fees, * annualized.
A Series is closed to new investors, but the AA Series is available for purchase. A Series management fee is lower than the AA Series. Performance data for the AA Series can be found here.
Past performance is no guarantee of future results. 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 dividends 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.