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NCM Short Term Income Fund
- Mutual Fund Trust
- F Series
- CDN$
About the Fund
A fixed income fund investing in a wide range of debt securities with a monthly dividend.
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Current Price
Oct 23, 2020
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$8.31
$0.01 (0.14%)
Investment Managers
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Bill HolyPortfolio Manager, Fixed Income - Cumberland Investment Counsel Inc. Affiliate of NCM Asset Management
Bill Holy MBA, CFA
Portfolio Manager, Fixed Income - Cumberland Investment Counsel Inc. Affiliate of NCM Asset Management
Tel. 1.416.640.6767
- ExpertiseFixed Income Investing
Bill is a Portfolio Manager in fixed income, co-manages NCM Short Term Income Fund, and is part of the asset allocation team for NCM Pension Portfolios.
Bill is a CFA charterholder, holds a Master of Business Administration from the Rotman School of Management and a Bachelor of Commerce from Queen’s University. Previously, Bill worked as a Director in a large U.S. bank where he was responsible for investing in middle market corporate debt. Bill has over 20 years of investment industry experience.
Related Funds
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Owen MorganPortfolio Manager, Fixed Income - Cumberland Investment Counsel Inc. Affiliate of NCM Asset Management
Owen Morgan MBA, CFA
Portfolio Manager, Fixed Income - Cumberland Investment Counsel Inc. Affiliate of NCM Asset Management
Owen is a Portfolio Manager in fixed income and co-manages NCM Short Term Income Fund.
Owen is a CFA Charterholder and holds a Master of Business Administration from NYU Stern and a Bachelor of Arts (Econ) from Bishop’s University. Previously, he managed Canadian and U.S. middle market leveraged loans with a Canadian investment firm and has over 20 years of investment industry experience.
Related Funds
Fund Traits
Fixed income fund investing in a wide range of debt securities that targets a net 3% - 4% annualized return
Targets a $0.031 per unit monthly distribution
Provides investors with a higher yield than traditional short term income alternatives
Compounded Returns (%) as at Sep 30, 2020
| 1 month | 3 month | 6 month | 1 year | 3 year* | 5 year* | S.I.* |
|---|---|---|---|---|---|---|
| -0.1% | 2.4% | 5.7% | -4.6% | -0.4% | 1.3% | 2.3% |
Annual Returns as at Sep 30, 2020
| 2020 YTD | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011^ |
|---|---|---|---|---|---|---|---|---|---|
| -5.7% | 5.8% | -0.9% | 2.7% | 5.8% | 2.0% | 1.2% | 4.3% | 5.2% | 0.9% |
as at Sep 30, 2020Distributions
- 2020 YTD$0.248
- 2019$0.384
- 2018 $0.40
- 2017$0.40
- 2016$0.50
- 2015$0.54
- 2014$0.45
- 2013$0.41
- 2012$0.36
- 2011$0.09
Growth of $10,000
Geographic Allocation (%)
As of Sep 30, 2020
- Holding%
- Canada39.7
- United States45.6
- Europe0.9
- Other0.2
- Cash13.5
Fund Allocation (%)
As of Sep 30, 2020
- Holding%
- AAA0.0
- AA0.0
- A0.0
- BBB12.2
- Non Investment Grade69.9
- NR4.4
- Cash13.5
Notes
* Annualized
^ 2011 return begins with September 16 inception
Disclaimer
All price and performance data listed is for the F series. 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.