NCM Core Income Fund

  • Mutual Fund Trust
  • CDN$

About the Fund

The Fund is designed to provide investors with capital preservation through a diversified portfolio comprised primarily of government and corporate debt securities.

  • Current Price

    Sep 24, 2021

  • $8.66

    -0.12% ($0.01)

Investment Managers

Fund Traits

  1. A Core Fixed Income Fund, designed to provide investors with capital preservation through a liquid portfolio comprised primarily of government and corporate debt securities targeting a level of income consistent with investments in Canadian fixed income securities

  2. Targets a $0.0145 per unit monthly distribution

  3. The investment strategy includes: duration and yield curve management; sector, industry, issuer, and individual security selection; and trading; with an emphasis on duration and credit risk management

Compounded Returns (%) as at Aug 31, 2021

1 month 3 month 6 month 1 year 3 year* 5 year* S.I.*
0.2%1.1%0.9%8.9%2.0%2.4%3.0%

Annual Returns as at Aug 31, 2021

2021 YTD 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011^
3.1% -0.4% 5.8% -0.9% 2.7% 5.8% 2.0% 1.2% 4.3% 5.2% 0.9%

as at Aug 31, 2021Distributions

  • 2021 YTD$0.202
  • 2020$0.372
  • 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 Aug 31, 2021
  • Holding%
  • Canada83.8
  • United States9.3
  • Cash6.9

Fund Allocation (%)

As of Aug 31, 2021
  • Holding%
  • AAA0.0
  • AA0.0
  • A8.8
  • BBB56.6
  • Non Investment Grade27.7
  • NR0.0
  • Cash6.9
Notes

* Annualized

^ 2011 return begins with September 16 inception

Disclaimer

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

On May 19, 2021, the investment objective of NCM Core Income Fund was changed from a Fixed Income Fund investing in a wide range of debt securities and classified in the CIFSC category as Miscellaneous - Income and Real Property into its current CIFSC category of Canadian Fixed Income. If the change had been in effect prior to May 19th, 2021, the Fund’s performance could have been materially different. 

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.