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 Global equity investments in your basket are made up of actively managed Mutual Funds and passive Exchange Traded Funds (ETF) 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
7CDAVV
Inception Date:
April 1, 2016
Initial minimum investment:
$30,482 CAD*
Subsequent Investment:
$15,241 CAD*
Portfolio Manager:
National Bank Financial
Benchmark:
Morningstar US TME TR USD (67%)
Morningstar DM xNA TME GR USD (33%)
* 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 following charges will apply at all times in addition to the fees if an agreement has been signed with your investment advisor.
| Investment | Fees |
|---|---|
| $1 or more | 0.15% |
Mandate Statistics
Dividend Yield
1.56
Sector Allocation
| Technology | 30.06% | |
| Financial Services | 18.05% | |
| Consumer Goods | 10.91% | |
| Industrial Goods | 9.35% | |
| Consumer Services | 9.11% | |
| Healthcare | 8.49% | |
| Basic Materials | 3.91% | |
| Other | 3.63% | |
| Industrial Services | 2.66% | |
| Real Estate | 2.04% | |
| Energy | 1.78% |
Top Holdings (%)
| Vanguard S&P 500 Index ETF C$ Hgd (VSP) | 36.53% |
| NBI U.S. High Conviction Equity Private Port GP | 33.94% |
| iShares Core MSCI EAFE IMI Index ETF (XEF) | 18.46% |
| Fidelity International High Quality ETF (FCIQ) | 10.99% |
| BALANCE ( CAD ) | 0.08% |
| Total | 100.00% |
Calendar Returns (%)
| YTD | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| 13.40 | 22.45 | 31.82 | -12.67 | 22.40 | 13.97 | 23.62 |
Annualized Returns (%)
| 1 month |
3 month |
6 month |
1 year |
3 year |
5 year |
10 year |
Since Inception |
|---|---|---|---|---|---|---|---|
| 1.34 | 6.72 | 16.78 | 16.87 | 23.65 | 16.83 | - | 14.10 |
Returns before management fees