What is a Basket?
It is an investment model that is managed by a professional portfolio manager on a discretionary basis in your brokerage account. You directly own its underlying securities and receive the dividends and/or interest paid.
Investment Strategy
The Canadian equity investments in your basket are made up of actively managed Mutual Funds and passive Exchange Traded Funds (ETFs) in order to achieve the ideal combination of capital preservation, long-term returns and reduced management fees. The selection of securities is made by the myWealth Unified investment committee, which identifies the best available opportunities based on the established objectives and attractiveness of the strategies evaluated.
Details
Investment horizon
At least 5 year
Code
7CDAT6
Inception Date:
April 1, 2016
Initial minimum investment:
$25,938 CAD*
Subsequent Investment:
$12,969 CAD*
Portfolio Manager:
National Bank Financial
Benchmark:
Morningstar Canada GR CAD
* Contingent on the market value of the Basket and accrued interests/dividends at the time of purchase.
Risk Management
This investment is not guaranteed and its value can go down as well as up.
Medium
How much does it cost?
The fees you pay depend on the type of agreement you signed with your investment advisor. This agreement prevails over the following table. Should you have no such signed agreement, the following charges apply.
| Investment | Fees |
|---|---|
| from $1 to $100,000 | 1.25% |
| from $100,000.01 to $250,000 | 1.25% |
| from $250,000.01 to $500,000 | 0.85% |
| from $500,000.01 to $1,000,000 | 0.75% |
| $1,000,000.01 or more | 0.65% |
Mandate Statistics
Dividend Yield
2.26
Sector Allocation
| Financial Services | 30.21% | |
| Basic Materials | 15.68% | |
| Energy | 10.69% | |
| Industrial Services | 10.47% | |
| Consumer Services | 9.82% | |
| Technology | 7.48% | |
| Telecommunications | 4.44% | |
| Other | 3.44% | |
| Real Estate | 2.83% | |
| Utilities | 2.62% | |
| Consumer Goods | 2.33% |
Top Holdings (%)
| BMO S&P/TSX Capped Composite Index ETF (ZCN) | 26.05% |
| NBI Canada Focus Pooled Fund - Private Series | 21.75% |
| Manulife Smart Dividend ETF (CDIV) | 21.18% |
| Mackenzie Canadian Equity Fund Series | 15.60% |
| Fidelity Canadian Core Equity Institutional Trust | 15.14% |
| BALANCE ( CAD ) | 0.29% |
| Total | 100.01% |
Calendar Returns (%)
| YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| 0.54 | 26.36 | 17.63 | 8.29 | -3.03 | 28.42 | -4.96 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| 0.54 | 5.20 | 13.99 | 22.79 | 15.10 | 14.90 | - | 10.60 |
Returns before management fees