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NCM Core Canadian Series A

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Canadian Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-29-2025) 		$48.65
Change
-$0.13 (-0.26%)

As at July 31, 2025

As at June 30, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Jan 2024Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Jul 2016Jan 2018Jul 2019Jan 2021Jul 2022Jan 2024$10,000$8,000$12,000$14,000$16,000Period

Legend

NCM Core Canadian Series A

Compare Options

Fund Returns

Inception Return (February 16, 2016): 9.39%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -0.14% 12.99% 14.79% 15.24% 27.88% 21.93% 13.65% 11.25% 12.91% 9.51% 8.67% 8.42% 8.35% -
Benchmark 1.69% 10.47% 8.26% 12.03% 21.37% 18.52% 14.98% 10.99% 14.40% 12.21% 10.85% 10.96% 10.49% 9.83%
Category Average 1.05% 9.26% 7.25% 10.24% 16.63% 15.60% 12.32% 9.45% 13.00% 10.42% 8.98% 9.04% 8.64% 8.05%
Category Rank 699 / 764 17 / 749 8 / 742 18 / 740 8 / 725 12 / 704 249 / 684 130 / 618 355 / 575 428 / 541 357 / 495 353 / 464 317 / 436 -
Quartile Ranking 4 1 1 1 1 1 2 1 3 4 3 4 3 -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 2.39% 2.31% 2.25% 5.40% -1.70% 0.39% -0.12% -0.04% 1.75% 6.96% 5.78% -0.14%
Benchmark 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91% 1.69%

Best Monthly Return Since Inception

8.05% (April 2020)

Worst Monthly Return Since Inception

-18.22% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - 10.07% -10.20% 17.47% -4.49% 20.04% -3.10% 3.46% 28.01%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking - - 1 3 4 4 4 2 4 1
Category Rank - - 44/ 450 300/ 476 454/ 522 509/ 548 495/ 583 199/ 651 670/ 688 10/ 715

Best Calendar Return (Last 10 years)

28.01% (2024)

Worst Calendar Return (Last 10 years)

-10.20% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 87.64
Income Trust Units 5.95
US Equity 4.82
Cash and Equivalents 1.58
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 26.23
Consumer Services 12.95
Basic Materials 11.29
Real Estate 10.00
Energy 8.15
Other 31.38

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 7.03
Canadian Imperial Bank of Commerce 4.59
Bank of Montreal 4.58
Slate Grocery REIT - Units Cl U 3.54
Loblaw Cos Ltd 3.43
MDA Space Ltd 3.23
Gildan Activewear Inc Cl A 2.99
Canadian National Railway Co 2.99
Alvopetro Energy Ltd 2.97
ARC Resources Ltd 2.96

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return567891011121314151617180%5%10%15%20%25%30%

NCM Core Canadian Series A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 10.46% 11.03% -
Beta 0.70% 0.76% -
Alpha 0.03% 0.02% -
Rsquared 0.70% 0.76% -
Sharpe 0.90% 0.93% -
Sortino 1.77% 1.46% -
Treynor 0.13% 0.14% -
Tax Efficiency 90.91% 90.34% -
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10 -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 9.35% 10.46% 11.03% -
Beta 0.77% 0.70% 0.76% -
Alpha 0.10% 0.03% 0.02% -
Rsquared 0.64% 0.70% 0.76% -
Sharpe 2.36% 0.90% 0.93% -
Sortino 10.88% 1.77% 1.46% -
Treynor 0.29% 0.13% 0.14% -
Tax Efficiency 95.99% 90.91% 90.34% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A45.6​45.640.9​40.90%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A30.9​30.944.4​44.40%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A35.7​35.737.5​37.50%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A65.6​65.636.4​36.40%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date February 16, 2016
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $22

Fund Codes

FundServ Code Load Code Sales Status
NRP3501

Investment Objectives

The Fund is designed to achieve long-term capital appreciation by investing primarily in equity securities of large capitalization issuers. The portfolio may consist of all types of equity and debt obligations of issuers in Canada that are listed for trading upon the facilities of stock exchanges or other organized and regulated trading facilities in Canada.

Investment Strategy

The Fund invests in a combination of securities including but not limited to common and preferred shares, government and corporate bonds, short term debt instruments, convertible securities (including convertible bonds and warrants), income trust units, and rights. The proportions of the different securities in the Fund’s portfolio will vary from time to time based upon the portfolio manager’s assessment of market conditions.

Portfolio Management

Portfolio Manager

NCM Asset Management Ltd.
Sub-Advisor

Cumberland Investment Counsel Inc.

Management and Organization

Fund Manager

NCM Asset Management Ltd.
Custodian

CIBC Mellon Trust Company
Registrar

CIBC Mellon Global Securities Services Company
Distributor

CIBC Mellon Global Securities Services Company

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 0
SWP Min Withdrawal 0

Fees

MER 2.37%
Management Fee 1.75%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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