NCM Norrep Fund

  • Mutual Fund Trust
  • CDN$

About the Fund

An All Cap Equity Fund with a focus on North American Dividend, managed by Michael Simpson, CFA.

Investment Managers

  • Michael Simpson

    Portfolio Manager

Fund Traits

  1. Michael invests primarily in dividend champions. These are companies that pay a consistent dividend or have increased their dividend. The Fund uses the dividends to compound income over time.

  2. Michael has over 25 years of experience in actively managing investments. He has seen multiple economic cycles and how markets react. He specializes in dividend and income-paying securities with a focus on free cash flow to sustain reliable dividends.

  3. The Fund can invest up to 49% in U.S. equities depending upon Michael's market outlook. This gives diversification in the North American markets with an experienced Portfolio Manager.

  4. NCM Norrep Fund invests with an all-cap approach, adding more investment opportunities in the North American investment universe.

Compounded Returns (%) as at Jan 31, 2021

1 month 3 month 6 month 1 year 3 year* 5 year* 10 year* 15 year* S.I.*
-1.0%7.3%11.4%4.7%1.6%4.4%4.6%5.7%13.0%

Annual Returns as at Jan 31, 2021

2021 YTD 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000^
-1.0% 3.3% 16.1% -13.0% 6.5% 6.2% -0.2% 0.5% 31.3% 10.0% -4.3% 30.8% 62.8% -51.1% 19.9% 25.7% 32.4% 25.0% 43.9% 20.7% 23.5% 41.1%

as at Jan 31, 2021Dividends

2020 2018 2017 2016 2014 2013 2011 2010 2007 2006
Eligible Dividends ---------$0.15
Capital Gains $0.757$2.28$2.08$0.88$3.82$0.58$2.48$2.31$4.53$6.59
Return of Capital ----------
Total $0.757 $2.28 $2.08 $0.88 $3.82 $0.58 $2.48 $2.31 $4.53 $6.74

Growth of $10,000

Top 10 Holdings

as at Jan 31, 2021
  • HoldingSector
  • Becton Dickinson and CoHealth Care
  • BRP Inc.Cons. Disc.
  • Cisco Systems Inc.Info. Tech.
  • ComcastComm. Services
  • Hydro One LtdUtilities
  • HoldingSector
  • Johnson & JohnsonHealth Care
  • Metro Inc.Consumer Staples
  • Royal Bank of CanadaFinancials
  • Telus CorpComm Serv.
  • TFI International IncIndustrials

Portfolio Allocation (%)

As of Jan 31, 2021
  • Holding%
  • Energy4.5
  • Basic Materials7.2
  • Industrials11.3
  • Consumer Discretionary9.0
  • Consumer Staples8.2
  • Health Care7.0
  • Financials4.7
  • Information Technology14.1
  • Communication Services14.1
  • Utilities9.7
  • Real Estate7.4
  • Cash2.8

Geographic Allocation (%)

As of Jan 31, 2021
  • Holding%
  • Canada62.1
  • United States35.1
  • Cash2.8

Fund Allocation (%)

As of Jan 31, 2021
  • Holding%
  • Giant42.1
  • Large34.5
  • Mid19.4
  • Small0.0
  • Micro1.2
  • Cash2.8
Notes

*Annualized

^ 2000 return begins with April 12 inception

1. NCM Norrep Fund inception May 31, 1997, Public Inception Date listed.

Disclaimer

On November 12, 2020, the investment objective of NCM Norrep Fund was changed from a focus on small capitalization Canadian equities to broader mandate focused on dividend-paying Canadian and U.S. equities of all capitalization. If the change had been in effect prior to November 12, 2020, 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.